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.

Trader Videos

TOM ASCHER – OPEN OUTCRY TRADERS HISTORY PROJECT – PART TWO

TOM ASCHER – OPEN OUTCRY TRADERS HISTORY PROJECT – PART TWO

QUANTITATIVE BROKERS’ EXECUTIVE CHAIRMAN TOM ASCHER RECALLS HIS DAYS TRADING ON FLOOR In Part Two of the JLN interview with Tom Ascher for the Open Outcry Traders History Project, Ascher talks about getting involved in exchange politics. He joined CBOE’s board and...

TOM ASCHER – OPEN OUTCRY TRADERS HISTORY PROJECT – PART ONE

TOM ASCHER – OPEN OUTCRY TRADERS HISTORY PROJECT – PART ONE

QUANTITATIVE BROKERS’ EXECUTIVE CHAIRMAN TOM ASCHER RECALLS HIS DAYS TRADING ON FLOOR Tom Ascher was interviewed by John Lothian News over Zoom for the Open Outcry Traders History Project. Ascher traded at the Chicago Board Options Exchange, and after getting into...

MIKE CAVANAUGH – OPEN OUTCRY TRADERS HISTORY PROJECT

MIKE CAVANAUGH – OPEN OUTCRY TRADERS HISTORY PROJECT

Mike Cavanaugh found his way to the trading industry despite his degree in political science because he had a brother-in-law in the wheat pit at the CBOT. He did a summer internship working for “one of the more prolific wheat traders” and soon fell in love with the...

ANDY TAN: OPEN OUTCRY TRADERS HISTORY PROJECT

ANDY TAN: OPEN OUTCRY TRADERS HISTORY PROJECT

Andy Tan is a former floor broker on SIMEX for Merrill Lynch. He was in the SIMEX trading pits with Merrill Lynch for almost 15 years. As SIMEX migrated to the screen, Tan made a successful transition upstairs with Merrill Lynch focusing on index arbitrage across...

CHRIS HEHMEYER: OPEN OUTCRY TRADERS HISTORY PROJECT

CHRIS HEHMEYER: OPEN OUTCRY TRADERS HISTORY PROJECT

Chris Hehmeyer started out as a runner in the CBOT grain pits, but he really wanted to get into the financial room – which many of the grain traders sneered at. He did it, trading bonds and eventually becoming a phone clerk. From there, he moved up to starting his own...

DAVID JOHNSON – OPEN OUTCRY TRADERS HISTORY PROJECT

DAVID JOHNSON – OPEN OUTCRY TRADERS HISTORY PROJECT

David Johnson was trading OTC stocks and options for Pershing in 1970. He was in the right place at the right time when the CBOT decided to launch an options exchange. He came to Chicago in 1974 from New York and never left. He saw the immense growth of the CBOE and...

JAMES GORDON: FORMER TIMBER HILL OPEN OUTCRY TRADER STORY

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...