Scott Gordon is the chairman and chief executive officer of Rosenthal Collins Group LLC, an independent futures clearing firm. Gordon was named chairman in September 2007 after having served as CEO and president since 2004.
From 1998 to 2002, Gordon was chairman of the Chicago Mercantile Exchange, elected by the board of directors. 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 to a for-profit stock corporation, the first U.S. financial exchange to take this step. In 2003, reports postulated that Gordon was ousted as CME chairman because he pushed electronic trading too hard.
Also at the CME, Gordon served as a member of the board of directors from 1982 to 2004. He was a member of the strategic planning committee at the CME that gave birth to Globex. He also served as treasurer of the CME Political Action Committee.
During his 40 year career in the futures industry, Gordon has been a trader, a floor broker, a clearing firm executive and an exchange official. From 1974 to 1983, he held various trading and management positions with Rosenthal & Co., (which later merged with Collins Commodities to become Rosenthal Collins) and from 1983 until 1988, he held similar positions at Dellsher Investment Company.
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, and also served on the board and executive committee of the National Futures Association (NFA).
Gordon received a bachelor of science degree in mathematics, cum laude, from Union College in Schenectady, New York.
John Lothian News Interviews
Daily Reports: Tell Us Where The Money Is
In Rosenthal Collins' case, the firm reports its cash deposits held at US banks, funds held in US Treasury securities, as well as its how much is being held by clearing houses and clearing brokers and US banks. This type of transparency could be the difference in building customer trust or losing it. Published Feb. 12, 2013.
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