Lind-Waldock

Lind-Waldock
Lind-logo.jpg
Founded 1965
Headquarters Chicago, Illinois, USA
Key People Mark B. Sachs, President
Products Brokerage service, investment products, online trading systems, wireless trading platforms

Lind-Waldock was a full-service futures brokerage firm [1] that caters primarily to individual traders. Regarded as an industry innovator, Lind-Waldock was the first futures brokerage firm to offer trading at discounted commissions, the first to develop an order-routing system to U.S. exchange trading floors and the first to offer clients access to an online order-entry platform.

Lind-Waldock changed its name to MF Global on Aug. 1, 2011.[2]

History

In 1965, Barry Lind, a successful broker and trader at the Chicago Mercantile Exchange, founded Lind-Waldock along with Jack Waldock, who had made his mark in the meat packing industry. In 2000, Refco Group Ltd. acquired Lind-Waldock, and for a brief period of time the firm operated under the name Refco Private Client Group. In November 2005, Refco Private Client Group was acquired by UK-based financial services firm Man Group plc, which returned the company to its former name. In 2007, Man Group spun off its brokerage arm, Man Financial Inc. in an initial public offering [3]. Lind-Waldock changed it's name to MF Global on August 1, 2011.[4]

Products and Services

Lind-Waldock offers products and services for investors with varying trading needs and levels of experience. Trading approaches include self-directed, broker-assisted, auto-execute and managed futures. Proprietary trading platforms include the LindXpress and Lind Elite direct access platforms, as well as Lind Connect, a Web-based platform. The company also offers trading via wireless devices.

Key People

In addition to Mark Sachs, Lind-Waldock's management team includes Gregory S. Gulotta, vice president of Trade Center Operations, Carol J. Dannenhauer, director of Managed Accounts & Auto-Execute Divisions, James J. Gombas, director of the Lind Plus Division and David L. Howe, director of Sales.

References

  1. Our History. Lind-Waldock.
  2. Lind-Waldock Changes Name to MF Global. MarketWatch.
  3. New Archive. IPO Home.
  4. Lind-Waldock Changes Name to MF Global. MarketWatch.
Last modified on 23 April 2013, at 05:15