A bit of nostalgia - Opening day CBOE 1973

ajacobson · Jan 27, 2018

"Do you have a picture of yourself on the trading floor?"

Yes and it's a creepy request. I was not a MM - I was an exchange exec.

Aquarians · Jan 27, 2018

ajacobson said:
It was either come here or move to Frankfurt and none of the talent wanted Frankfurt.

What about Amsterdam? Red district, coffee shops, why not go there? (On the other hand I don't see it on the list here: https://en.m.wikipedia.org/wiki/Financial_centre ).

Arnie · Jan 27, 2018

Interesting interview.

http://www.johnlothiannews.com/2010...-alex-jacobson-former-vp-of-education-at-ise/

ironchef · Jan 27, 2018

ajacobson said:
"Do you have a picture of yourself on the trading floor?"

Yes and it's a creepy request. I was not a MM - I was an exchange exec.

If it offended you, my apology.

I thought it was like asking for a picture of a public figure, i.e., the CEO of the exchange, or asking for Warren Buffett's picture and forgot ET is an anonymous forum.

Best wishes.

vanzandt · Jan 28, 2018

ajacobson said:
Pete Najarian with a bad mullet or great mullet depending on your choices of hairstyles.

1995 Mullet + rubber-band = 2018 ponytail

All those CRT screens... people running around screaming all day... it had to get hot in the summer. Must have had some wicked A/C.

ajacobson · Jan 28, 2018

The day dynamic hedging almost ended the world.

vanzandt · Jan 28, 2018

ajacobson said:
The day dynamic hedging almost ended the world.View attachment 181994

Nice to see AMD is up $0.75 since then.

TrustyJules · Jan 28, 2018

Aquarians said:
What about Amsterdam? Red district, coffee shops, why not go there? (On the other hand I don't see it on the list here: https://en.m.wikipedia.org/wiki/Financial_centre ).

If you are going to mention Amsterdam you should say that it was the first options exchange opened in Europe on April 4 1978 and they were waaaaay ahead of anyone else.

ajacobson · Jan 28, 2018

You might also want to look at there tax structure for successful traders. You'll get a sense as to why they opened US outposts.

JackRab · Jan 28, 2018

TrustyJules said:
View attachment 181997

If you are going to mention Amsterdam you should say that it was the first options exchange opened in Europe on April 4 1978 and they were waaaaay ahead of anyone else.

They were... not anymore

You can rent offices at the old exchange, pretty cool building to work in... the floor is still used by a few firms and you can still go on the balconies around the floor.