Interview: Leo Melamed by John Sweeney
ARTICLE SYNOPSIS ...On The Alliance Of Exchanges
As chief architect of financial futures, Melamed led the US futures industry from
1967 until his retirement from the CME in 1991. During this period, financial
futures experienced unparalleled growth and became an established and indispensable tool in financial risk management. Further,in 1987, Melamed introduced
Globex, the first electronic futures after-hours trading system, developed in
conjunction with Reuters Holdings PLC. Melamed served as the first chairman of
the system until 1993.
Melamed, an attorney by profession, is an active futures trade...