Scott Gordon

From MarketsWiki

Scott Gordon
Occupation	Chairman & CEO
Employer	Rosenthal Collins Group LLC
Location	Chicago, IL USA
Web site	www.rcgdirect.com

Scott Gordon is the chairman and CEO of Rosenthal Collins Group LLC, an independent futures clearing firm. Gordon was named chairman in September of 2007 after having served as CEO and president since 2004.^[1][2]

Background

Previous to joining RCG, Gordon was president and COO of Tokyo-Mitsubishi Futures, a wholly owned subsidiary of The Bank of Tokyo-Mitsubishi, Ltd.

From 1998 to 2002, Gordon was chairman of the Chicago Mercantile Exchange. In 1998, Gordon narrowly defeated David Silverman to win the position.^[3] During his tenure he guided the CME through the development and execution of a strategic plan that transformed the exchange from a mutual membership organization^[4] to a for-profit stock corporation, the first U.S. financial exchange to take this step.^[5] In 2003, a Financial Times story by Jennifer Wiggins and Jeremy Grant^[6] and other publications^[7] postulated that Gordon was ousted as CME chairman because he pushed electronic trading too hard.^[8]

Also at the CME, he served as a member of the board of directors from 1982 to 2004.^[9][10]He was a member of the strategic planning committee at the CME that gave birth to Globex.^[11] He also served as treasurer of the CME Political Action Committee.^[12]

During a 30+ year career in the futures industry, Gordon has been a trader, a floor broker, a clearing firm executive and an exchange official. From 1974 through 1983, he held various trading and management positions with Rosenthal & Co., and from 1983 until 1988, he held similar positions at Dellsher Investment Company. ^[13][14]

From 1989 to 2004 he served in senior executive roles with Tokyo-Mitsubishi Futures and its predecessor firms. He is a former member of the CME, as well as the Chicago Board of Trade and the Chicago Board Options Exchange. Gordon was a founding board member of OneChicago,^[15] and also served on the board and executive committee of the National Futures Association (NFA).

Education

Gordon received a BS in mathematics, cum laude, from Union College in Schenectady, New York. He is currently a chair of the governing board of the Illinois Council on Economic Education and trustee of the Institute for Financial Markets.^[16][17]

Registration

• Michael Scott Gordon - NFA ID: 0027237

Testimony

• Testimony of M. Scott Gordon, chairman of the board of directors, Chicago Mercantile Exchange before the U.S. House of Representatives Committee on Banking and Financial Services^[18]
• Testimony of Scott Gordon, chairman of the board of directors, Chicago Mercantile Exchange before the Committee on Agriculture, Nutrition and Forestry^[19]
• Hearing on "Maintaining Leadership in the Financial Marketplace of the Future"^[20]
• Oversight Hearing on Market Circuit Breakers^[21]

References

1. ↑ RCG Embarks on Stragetic Growth Initiative; CEO Scott Gordon Adds Chairman Title, Maureen Downs Promoted to President. Rosenthal Collins Group LLC. Retrieved on February 24, 2008.
2. ↑ Gordon takes over Rosenthal-Collins. Futures Magazine. Retrieved on February 24, 2008.
3. ↑ Fur Flies in Merc Elections. Derivatives Strategy Magazine. Retrieved on February 2008.
4. ↑ Organization Profile: Chicago Mercantile Exchange Inc.. Chicago Mercantile Exchange. Retrieved on February 24, 2008.
5. ↑ Management Team. Rosenthal Collins Group. Retrieved on February 24, 2008.
6. ↑ McNulty to step down as CME chief. Financial Times. Retrieved on February 24, 2008.
7. ↑ Chicago Mercantile Exchange ousts Chairman Gordon. Reuters via Elite Trader. Retrieved on February 24, 2008.
8. ↑ CME Replaces Chairman With Trader Who Could Seek Merger With CBOT. Wall Street Journal. Retrieved on February 24, 2008.
9. ↑ Executive Management. Sweet Futures. Retrieved on February 24, 2008.
10. ↑ Chicago Mercantile Exchange 2004 Annual Report. Chicago Mercantile Exchange. Retrieved on February 24, 2008.
11. ↑ Tenth Anniversary of Globex. Leo Melamed. Retrieved on February 24, 2008.
12. ↑ Chicago Mercantile Exchange 1998 PAC Summary Data. Open Secrets. Retrieved on February 24, 2008.
13. ↑ The Board Room. Illinois Council on Economic Education. Retrieved on February 24, 2008.
14. ↑ Gordon Comes Full Circle at Rosenthal Collins. FOW. Retrieved on February 24, 2008.
15. ↑ CBOE, CME, CBOT, Name William Rainer To Head Joint Venture On Single-Stock Futures. OneChicago. Retrieved on February 24, 2008.
16. ↑ The Board Room. Illinois Council on Economic Education. Retrieved on February 24, 2008.
17. ↑ IFM News. Institute for Financial Markets. Retrieved on February 24, 2008.
18. ↑ Testimony of M. Scott Gordon, Chairman of the Board of Directors, Chicago Mercantile Exchange Before the U.S. House of Representatives Committee on Banking and Financial Services. U.S. House of Representatives. Retrieved on February 24, 2008.
19. ↑ Testimony of Scott Gordon, Chairman of the Board of Directors, Chicago Mercantile Exchange Before the Committee on Agriculture, Nutrition and Forestry. U.S. House of Representatives. Retrieved on February 24, 2008.
20. ↑ Testimony of Scott Gordon, Chairman Chicago Mercantile Exchange. U.S. Senate. Retrieved on February 24, 2008.
21. ↑ Oversight Hearing on Market Circuit Breakers. U.S. Senate Banking, Housing and Urban Affairs Committee, Subcommittee on Securities. Retrieved on September 30, 2008.