Before the CME went public in 2002, there was a change in leadership at the top. Terry Duffy ran for the job of chairman of the board against the incumbent, Scott Gordon. I was a fan of Gordon’s and then CME CEO Jim McNulty. McNulty was one of the reasons I started the John Lothian Newsletter. He had helped me find a job when I first graduated from Purdue University. He was for a short time one of my mentors. But then I started my career and he started traveling the world as an investment banker and I lost track of him.
In the late 1960s, there were two rogue candidates who ran for the role of chairman of Chicago's leading futures exchanges. One was Leo...
The Small Exchange announced plans to launch its first options contract on Small Precious Metals Product (SPRE) index futures on January 25, 2022. I...
