Security Traders Association of Chicago (STAC)

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Security Traders Association of Chicago
STAC.jpg
Founded 1934
Headquarters Chicago
Products Trade association
Web site http://www.stachicago.org/

The Security Traders Association of Chicago (STAC) provided the foundation for the New York-based Security Traders Association (STA), an international trade organization which now has more than 5,000 members representing the trading community and institutional investors.

History

The STA was created in Chicago when the Chicago Bond Traders Club invited security traders across the Midwest to join them at their annual outing in 1934. Within three years, traders from across the nation gathered in Los Angeles for a convention, where a more detailed STA constitution was drafted and approved.[1]

Products and Services

The STAC provides a forum to represent members' interests, and hosts the STA's annual mid-winter meeting.[2] The STAC Fund makes grants for projects primarily involving children and provides scholarships for college students majoring in business and marketing.

The STA forms committees to write special reports on market conditions when it deems necessary.[3]

Mission Statement

The Security Traders Association is committed to promoting the interests of its members throughout the global financial markets, providing representation of these interests in the legislative, regulatory and technological processes, while fostering goodwill and high standards of integrity in accord with the Association’s founding principle, Dictum Meum Pactum – "My word is my bond."

Leadership

Board of Directors

STA Liaisons

Rory O'Kane, Knight Equity Markets L.P.

Patty Schuler, Boston Options Exchange (BOX)

Advisors

Conferences

STAC held their annual Mid-Winter meeting in Chicago on January 14-16, 2015. The conference took place at the Hilton hotel and featured speakers such as John McPartland from the Chicago Federal Reserve and US Congressman Bill Foster.

References

  1. History. STA.
  2. TradeKing CEO Montanaro to Discuss Impact of Social Media on Trading at 86th STAC Annual Mid-Winter Meeting. Enhanced Online News.
  3. STA Special Report - U.S. Market Structure - 2008. STA.