The CEO of tastytrade, Tom Sosnoff, was interviewed by John Lothian News for the Open Outcry Traders History Project. Sosnoff was a trader on the floor of the CBOE for 20 years after growing up in New York. He moved to Chicago at the behest of some co-workers at his first job at Drexel Lambert who wanted to start a fund and wanted Sosnoff to execute the trades on the CBOE floor for them. Sosnoff leveraged his experience on the floor into other ventures, some of which worked and some of which did not. Those ventures have included Thinkorswim and tastytrade.
The second part of his interview for the Open Outcry Traders History Project told the stories of Sosnoff’s days after he left the CBOE trading floor.
Here is the first part of his interview, which talks about his floor trading days.
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