| When I mentioned the news about my cousin Tom being hired as the new manager of the Lake Geneva Yacht Club (“LGYC”) yesterday in JLN, I mentioned Thomas “T” Freytag, a co-founder of Geneva Trading, as a contemporary reference to give it relevance to the normal newsletter fodder. However, the history of Chicago’s futures markets and the LGYC have a common founder in Julian Sidney Rumsey.
In fact, the City of Chicago, the Chicago Board of Trade (CBOT), and the LGYC share an intertwined history dating back to the mid-19th century, with the Sheridan Trophy serving as a symbolic link between these institutions.
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