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The Weekend Update
JLN PRESS ROOM PICK OF THE WEEK
Pit closures = corn, soybean market instability, trader says
It’s been six years since CME Group shifted from trading agricultural commodities mostly on the floor of the exchange to its electronic trading platform (Globex).

$42,276/$300,000 (14%)

Sol Waksman
BRADLEY ROTTER – OPEN OUTCRY TRADERS HISTORY PROJECT, PART TWO
Rotter was interviewed by John Lothian for the Open Outcry Traders History Project. This is the second part of a two-part presentation of that interview.

10 MOST CLICKED STORIES OF THE WEEK
4 MOST CLICKED MARKETSWIKI PAGES OF THE WEEK
TOP TWEETS OF THE WEEK
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FROM JOHN LOTHIAN NEWS
SHELDON COHEN – OPEN OUTCRY TRADERS HISTORY PROJECT – PART ONE
Attorney Sheldon Cohen started out his trading career as a risk manager for Goldberg Brothers, a CBOT clearing firm that was later sold to LIT Holdings, and eventually began trading at the Midwest Stock Exchange. He bought his own seat at the Chicago Board Options Exchange (CBOE) in 1976.

PETER HARRIGAN – OPEN OUTCRY TRADERS HISTORY PROJECT – PART ONE
Peter Harrigan is the co-founder and current CEO of Grey Swan Digital, a company that creates and trades customized derivatives. Growing up in the 1960s and 1970s he wanted to become an astronaut. His career path later rocketed in a different direction, taking him to Chicago’s trading floors.

ROBIN TROTT – THE PATH TO ELECTRONIC TRADING PART ONE
Robin Trott started out as an undergrad studying philosophy and politics, but it was the peak of the dotcom bust and he realized that wasn’t very practical. So he got a Master’s degree and got on the technology and operations graduate scheme at JP Morgan.

IT IS NO GAMESTOP, BUT IT IS SOMETHING
After what seems like forever, PanXchange’s Benchmarks & Analysis finally reports an uptick in May prices for CBD biomass as well as a wide variety of refined products. Non-CBD hemp prices are also flashing green now.

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