Home › Market News › The Father of Financial Futures, Dr. Richard Sandor
Futures trading is relatively recent having only been pioneered in the 70s. Today on Limit Up! we’re speaking to Dr. Richard Sandor, the man who orchestrated the first futures contract and has since gone on to revolutionize trading several times over. Jeff and Dr. Sandor discuss the fundamentals of trading and Dr. Sandor’s new LIBOR alternative, AMERIBOR.
Today on Limit Up! we’re talking to a legend in finance. Dr. Richard Sandor is widely known as the Father of Financial Futures, having pioneered futures trading in the 1970s. After decades of accomplishments (check out his Wikipedia page!), Dr. Sandor is back at it trying to revolutionize trading again with the introduction of a LIBOR alternative called AMERIBOR.
In this wide-ranging conversation, Jeff and Dr. Sandor discuss the fundamentals of trading, the process by which Dr. Sandor came up with his revolutionary ideas, what motivated him to work with the American Financial Exchange, and finally, why Dr. Sandor believes American financial markets are the strongest in the world. This is truly a masterclass in trading.
Dr. Richard Sandor is the Father of Financial Futures having pioneered futures trading in the 1970s. Currently, Dr. Sandor is the Chairman and CEO of the American Financial Exchange and is actively working on an alternative to the LIBOR.
Limit Up! is a podcast for traders of all levels brought to you by Topstep. Whether you’re considering a career in trading and don’t know where to start, or you’re a seasoned veteran looking for advice from big names in the financial industry, Limit Up! is your guide. Join us weekly as we discuss the market in all of its volatile glory. Risk Disclosure: https://www.topstep.com/risk-disclosure/
This episode of Limit Up! is hosted by Jeff Carter. Jeff is a general partner at West Loop Ventures. In April of 2007, he co-founded Hyde Park Angels and spearheaded the growth and development of one of the most active angel groups in the United States. He has consulted on the startup of several other angel groups. He is a former independent trader and member of the CME Board of Directors and was part of a small group that transformed CME from an open outcry exchange to the largest electronic exchange in the world. In 1998, CME was worth $182,134,000 in membership enterprise value. Today it’s worth $55 Billion.
If you’d like to receive new episodes as they’re published, please subscribe to Limit Up! in Apple Podcasts, Google Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts. It really helps others find the show.
