Trading Technologies Announces Matching Program to Benefit GoFundMe Campaign for MarketsWiki Education Video Series and John Lothian News

John Lothian

John Lothian

Executive Chairman and CEO

As a pioneer of electronic trading, we at Trading Technologies value our industry’s rich history. We recognize the need to preserve our legacies and lessons to broadly educate and inspire those to come. This is what John Lothian News is doing through the Open Outcry Traders History Project, The Path to Electronic Trading, The History of Financial Futures series and MarketsWiki.

JLN established a GoFundMe campaign during the pandemic to support this work. So far, it has generated $33,626 of its $300,000 goal. 

To encourage broader giving, we are stepping up and announcing that we will match the next $20,000 in donations to this campaign. And we are challenging the other sponsors of JLN to launch their own matching programs.  

Why support JLN?

As the saying goes, you’ll never get to where you’re going if you don’t know where you came from. This is why it’s so important to support these initiatives. 

Through rich storytelling, the JLN team is working to capture the history that led us to this modern era, where anyone—from a small family farm to a global corporate conglomerate—can efficiently and effectively manage risk. They’re celebrating the game changers who catalyzed innovation and growth, sharing personal anecdotes through a series of fascinating on-camera interviews in the Open Outcry Traders History Project and The Path to Electronic Trading series. And they’re offering valuable insights and advice to students considering employment in this industry through the MarketsWiki World of Opportunity events. 

JLN needs funding to continue this ambitious work. It’s critical to educate not only those who have already built careers in this industry, but also the next generation of capital markets professionals. 

Our first donation to be matched is from Charlie Carey, a CME Group board member, former CME Group vice chairman and former CBOT chairman, in the amount of $1,000. Please join us in making your contribution HERE.

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More Trader History Videos

Kenny Polcari – Open Outcry Traders History Project Part 2

Kenny Polcari – Open Outcry Traders History Project Part 2

When Kenny Polcari started out at the New York Stock Exchange, “It was paper and pencil until the turn of the century,” he said. 

The exchange started to introduce handheld computers in the late 1990s, but it was only in beta, not full blown yet.  Everyone was preparing for Y2K. When Y2K happened and the technology didn’t fail, Polcari said, there was a push on the industry to move forward with modernization. They converted all the stocks over to decimals alphabetically, one at a time, over a six-month period, starting with the stocks named A to D. 

Kenny Polcari – Open Outcry Traders History Project Part 1

Kenny Polcari – Open Outcry Traders History Project Part 1

When he was young, Kenny Polcari wanted to be in politics – preferably to eventually be president of the United States. But, he said, “Thank God none of that came true.”

When he was 19, he interned on the floor of the New York Stock Exchange. He knew nothing about the business and was from Boston rather than New York. At first he thought, “Who wants to move to New York City in the summer as a 19-year-old kid?”  He was going to go back to Cape Cod and be a lifeguard.  But he thought about it and did his homework and said, “What’s the worst that can happen?” 

Options Veterans Forge New Path With Tried-And-True Strategy

Options Veterans Forge New Path With Tried-And-True Strategy

As its name suggests, Options Solutions is an options-centric asset-management firm that aims to increase the returns of investors’ portfolios with customized options strategies. JLN’s John Lothian and Suzanne Cosgrove recently interviewed the founders of the new enterprise, described by CEO Michael Brodsky as an early-stage, high-growth company. Team members are led by former CBOE Chairman and CEO Bill Brodsky, as well as Michael, his son, and options industry strategist Steve Sears.

Larry Abrams Part Two: Trader, “New York Jew” and Magician

Larry Abrams Part Two: Trader, “New York Jew” and Magician

Trader Larry Abrams Talks About His Career for the Open Outcry Traders HIstory Project

In part two of the JLN MarketsWiki Education Open Outcry Traders History Project interview with Larry Abrams, he talks about the emotionally draining market openings every day, his rather ugly experience in Kansas City opening a futures trading operation for Cooper Neff, options exercised out of the money, electronic trading, economic opportunity (and small worlds) and being a magician.

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