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.
Tom Rinaudo – MarketsWiki Education Open Outcry Traders History Project
Tom Rinaudo was working at a bank when his mother heard about a job at the Chicago Board of Trade. He had no idea what the Board of Trade was all about, but he said yes and was hired by JK McKerr in a back office job.
Art Margulis – Open Outcry Traders History Project – MarketsWiki Education
Art Margulis answered a job advertisement in the Chicago Tribune for a research analyst position at the Chicago Board Options Exchange after graduating from Princeton. That was his entry into the world of open outcry trading.
David Greenberg – MarketsWiki Education Open Outcry Traders History Project
David Greenberg started his career in Chicago as a runner making $3.75 an hour. HIs father was a COMEX trader who later served as chairman of COMEX. So Greenberg took his Chicago experience to New York and started working for his father's company on COMEX. But he...
Joyce Selander – MarketsWiki Education Open Outcry Traders History Project
Joyce Selander is a former open outcry trader and one of the few women who found a home in a trading pit of men much bigger and stronger than her. But she found a niche and had friends in the trading pit who would help protect her from the organized chaos that was pit...
James Gordon: Former Timber Hill Open Outcry Trader Story
James Gordon spent eight years working on the Cboe trading floor as a trader for Timber Hill. His experience, and how he was treated as a trader, was different from others'. He found his way to the exchange through a brother who was a clerk at the CME. Gordon was an...
Maureen Obermeier: Open Outcry Traders History Project
Maureen Obermeier started on the CBOE floor the summer after her freshman year of college and never left. She helped some friends get jobs that summer, and some, like her, stayed and built careers in the markets.
Chess Obermeier – MarketsWiki Education Open Outcry Traders History Project
Chess Obermeier started working for his cousin, Charles Obermeier, at the Cboe, and was able to purchase his first membership by his 21st birthday.
Jack Sandner – Open Outcry Traders History Project – Part Two
Jack Sandner is a former chairman of the Chicago Mercantile Exchange and longtime board member of the CME Group. In part two of this interview with John Lothian News for the MarketsWiki Education Open Outcry Traders History Project he talks about how the S&P 500 and Eurodollars started, the tax straddle that caused tax laws to change and his take on spoofing.
Jack Sandner – Open Outcry Traders History Project – Part One
Sandner sat for an interview with John Lothian News for the MarketsWiki Education Open Outcry Traders History Project. The interview is broken into two parts to tell the tale of a long and storied career in the Chicago futures markets.
Buck Haworth – Open Outcry Traders History Project – Part 2
Buck Haworth has been a consultant, a CPA, a back office accountant, an exchange audit department executive, a foreign exchange arbitrage desk manager, an exchange member, a scalper, a spreader, an exchange board member and officer, and a technology entrepreneur. In...
Buck Haworth – Open Outcry Traders History Project – Part One
Buck Haworth has been a consultant, a CPA, a back office accountant, an exchange audit department executive, a foreign exchange arbitrage desk manager, an exchange member, a scalper, a spreader, an exchange board member and officer, and a technology executive.
Jeff Carter – Open Outcry Traders History Project
Jeff Carter is a Chicago-based trader and venture capital executive and long time member of the Chicago Mercantile Exchange, where he formerly served on their board of directors.
Pat Arbor: Open Outcry Traders History Project
Pat Arbor answered a blind ad in the Chicago Tribune for a grain trader at Uhlmann Grain at the CBOT in 1962, and the rest was history – quite a bit of history.
Dan Keegan – Open Outcry Traders History Project
Dan Keegan is a former trader on the CBOE. He started as a runner with AG Becker, who had very ugly plaid trading jackets.
Ed Ryan – Open Outcry Traders History Project
“You walked into the old grain room and it was literally a pit.”
Tom Zagara – Part 2 – Open Outcry Traders History Project
Tom Zagara has lots of great stories to tell from his time as a trader at the Chicago Board Options Exchange. There were so many, we broke his interview into two parts. Here is part 2.
Tom Zagara – Open Outcry Traders History Project – Part 1
Tom Zagara has lots of great stories to tell from his time as a trader at the Chicago Board Options Exchange. He was a broker, trader, marketmaker and more down on the CBOE trading floor starting in the 1970s. His best day trading was the stock market crash of 1987....
Lee Tenzer – Open Outcry Traders History Project
Lee Tenzer is one of the giants of the Chicago markets. He was an inaugural member of the Crowd of Fame from the Options Industry Council. Lee E. Tenzer is the founder of trading firm LETCO and brought two leading names from the industry into the markets. His first...