OPEN OUTCRY TRADERS HISTORY PROJECT

John J. Lothian & Company, Inc., MarketsWiki Education and John Lothian Productions are pleased to announce plans for a large scale video project to collect the history of the open outcry era and traders’ personal stories.

Additionally, John Lothian Productions plans to develop video documentaries about specific themes and subjects emerging from the collected personal histories.

The project is modeled on the Veterans History Project signed into law by President Bill Clinton in the 1990s. In this case, rather than capturing the experiences of veterans of warfare and conflict, we are capturing the personal market experiences of those who participated in open outcry markets around the world. Traders from Chicago to London to Paris to Sydney to Singapore and beyond are welcome to submit videos.

Those traders interested are asked to fill out this Google Form or email us at OpenOutcry@johnlothian.com for more information.

Marc Nagel – Open Outcry Traders History Project

Marc Nagel – Open Outcry Traders History Project

Marc Nagel is a derivatives consultant, lawyer, CPA and expert witness. He also spent 26 years as a pit trader at the Chicago Board of Trade. He sat for an interview about his years on the trading floor with John Lothian News for the Open Outcry Traders History Project.

Jim Downs – Open Outcry Traders History Project

Jim Downs – Open Outcry Traders History Project

Jim Downs learned about the CBOE from a personal finance class while an engineering student. He loved modeling the markets and found his way to the CBOE. After reading the Black-Scholes paper, he reverse engineered it in the Basic coding language on an Apple IIE.

Tony Saliba – Open Outcry Traders History Project

Tony Saliba – Open Outcry Traders History Project

MarketsWiki Education Open Outcry Traders History Project Tony Saliba was interviewed by John Lothian News for the MarketsWiki Education Open Outcry Traders History Project. Saliba is a trader, exchange member and financial industry technology and education executive...

Jeff Bernacchi – Open Outcry Traders History Project

Jeff Bernacchi – Open Outcry Traders History Project

MarketsWiki Education's Open Outcry Traders History ProjectJeff Bernacchi fell in love with futures trading on a trip to the exchange with his microeconomics class. He also recorded the best results in the class for paper trading. During college he was...

Donnie Roberts – Open Outcry Traders History Project

Donnie Roberts – Open Outcry Traders History Project

MarketsWiki Education's Open Outcry Traders History ProjectDonnie Roberts came to Chicago after graduating from graduate school with a love of futures and options trading. He chose Chicago over New York and London. He came to the visitor center of the...

Gary Sagui – Open Outcry Traders History Project

Gary Sagui – Open Outcry Traders History Project

Gary Sagui started his career at Harris Bank in the foreign exchange, then moved to New York for a bond trading job at firm that later failed. However, a chance meeting at a cocktail party for the failed firm and Paine Webber, which took over his firm, introduced him to Bill Dudley.

Jacob Morowitz – Open Outcry Traders History Project

Jacob Morowitz – Open Outcry Traders History Project

Jake Morowitz came to the Chicago Board of Trade as a philosophy major and a member of the Students for a Democratic Society. A former professor recruited him to come work in the markets and he was hired as a researcher. He bought his first membership with the help of Leslie Rosenthal.

Mike Fishbain – Open Outcry Traders History Project

Mike Fishbain – Open Outcry Traders History Project

Mike Fishbain is a former open outcry trader at the Chicago Mercantile Exchange. Today he is part of the customer support team at Trading Technologies, a leading provider of trading screen technology to the futures and options markets. He sat for an interview with John Lothian News as part of the MarketsWiki Education Open Outcry Traders History Project.

Tom Gould – Open Outcry Traders History Project

Tom Gould – Open Outcry Traders History Project

Tom Gould is a former option trader at the Chicago Board Options Exchange. He went on to a brokerage and compliance career. He tells his story about his days trading on the floor of the CBOE to John Lothian News as part of the MarketsWiki Education Open Outcry Traders History Project.

Jordan Melamed – Open Outcry Traders History Project

Jordan Melamed – Open Outcry Traders History Project

Jordan Melamed is a former trader at the Chicago Mercantile Exchange and a filmmaker. He is the son of CME Chairman Emeritus Leo Melamed. He followed his father’s footsteps to the trading floor of the CME. After a career trading in the open outcry markets he pursued a career as a filmmaker. He is the director of “Futures Past,” a story of the end of open outcry trading and the human element of trading and family.

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