P.J. McCarthy

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P.J. McCarthy
Occupation Managing Partner and Video Director
Employer The Chicago School of Trading LLC
Location Chicago

P.J. McCarthy is the managing partner and video director for The Chicago School of Trading LLC[1]

Background

McCarthy started his career in the futures industry in 1978. He worked on the floor of the Chicago Mercantile Exchange (CME) as an employee of clearing firm Rosenthal and Company. He worked his way up in the business as a phone clerk, assistant floor manager and eventually as floor manager for Rosenthal.

In 1982 he became one of the original members of the Index and Options Market (IOM) of the CME. He was in the pit on the first day of trading of the Standard and Poor’s 500 contract, one of the most successful future contracts ever introduced, and spent the next seven years as an independent floor trader, trading exclusively for his own personal account.

He then became president of Chicago Video, Inc., a video production company which produced corporate and educational videos.

In 1997 he returned to the futures industry as an independent trader in the Dow futures pit at the Chicago Board of Trade. He was also in the pit on the first day of trading for the Dow Futures contract and experienced first hand the transition from open outcry to computerized trading.

In 2006 he joined Emerald Strategies LLC as a registered Associated Person. Emerald Strategies concentrates on alternative investment solutions including hedge fund and managed futures programs for high-net-worth individuals and institutional investors.


Education

McCarthy earned a degree in Journalism and Economics from the University of Dayton, Dayton, Ohio.

References

  1. About Us. The Chicago School of Trading.