A bit of nostalgia - Opening day CBOE 1973

ajacobson said:
Not there. I'm almost old enough.
Lot's of women because CBOE was the great equalizer - many of those folks were the next generation of the CBOT and part of the idea was to crack the traditions.
I bought an IMM seat later that year. Didn't join CBOE until 1983 from Merrill Lynch. Left in 2000 to start the ISE. Not a popular topic in Chicago.
The CBOE seat was actually buy now - pay later. Then were given to CBOT members - who had full trading rights via a process called exercise. The were $10,000 list.
The big firm on the floor then was A.G. Becker and a good number of the members came from the NYC garment manufacturers community. The OTC dealers didn't join and expected it to fail. Within about a year the OTC dealers were pretty much gone.
I'll post some more historical pictures over the next few weeks.
Our desk is just rolling in so it's time to go to work.
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Wasn't Robert Rubin involved with CBOE in its early days? I remember being somewhat surprised as I'd assumed he was always a NYC Wall Street guy.
 
Wall Street and CBOE became very much one in the same when the member firm community embraced listed options. Three of the chairman came off of Wall Street.
 
'Wasn't Robert Rubin involved with CBOE in its early days? I remember being somewhat surprised as I'd assumed he was always a NYC Wall Street guy.'

Robert was on the first BOD.
CBOE Board 1974.jpg
 
ajacobson said:
Jon Najarian/Mercury Trading in 1995View attachment 181894
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1995 was a unique, golden year, and era, in history...the birth inception year of mainstream PC Windows 95 use and widespread internet and the first year of the tremendous bull market lasting till 1999.

I can only imagine how much money I would have made then if I were trading in that optimal crazy perfect storm of an environment. -- Knowing what I know now, applied then.
Back then, I was just a young teen...preoccupied with Sega Genesis and internet porn and computer games and bodybuilding. :confused:

1995 was a bright, promising, happy year.
Soundtrack song to the Pierce Brosnan movie: Night Watch, 1995.
Part of the plot of the movie centers around making a bundle in the stock market through the tapping of phones. and a satellite. and art paintings. The movie takes place in NY, Amsterdam and Hong Kong.
youtube.com/watch?v=71BeHntm2_Q
 
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