Spot Trading

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Spot Trading
Spot Logo RGB.jpg
Founded 1999
Headquarters Chicago
Key People Robert D. Merrilees, Chairman; Stephen A. Brodsky, CEO
Products Technology-focused trading firm that specializes in equity options
LinkedIn Profile
Facebook SpotTrading
Website spottradingllc.com

Spot Trading is a privately held, technology-focused trading firm active in multiple markets including cash, options, futures, and other derivatives.[1] The firm is located in the Chicago Financial District and has grown considerably since its creation in 1999.

With the stated aim of maximizing the firm's risk-adjusted return, Spot uses a proprietary trading model.

The firm's workforce is composed of a variety of traders, equity research analysts, technologists, quantitative specialists, and other professionals.

Robert D. Merrilees is the firm's founder and chairman and Stephen A. Brodsky is the CEO. [2]

Spot Trading is a member of the Principal Traders Group, an affiliate of the Futures Industry Association.

History

Rob Merrilees founded Spot Trading in 1999 with a team of five focused on equity options.[3]

In November of 2010, Stephen A. Brodsky was named chief financial officer of the company.[4] In 2013, Merrilees was promoted to the newly created position of chairman and Brodsky assumed the role as CEO. Robin McInerney assumed the role of CFO.[5]

In June of 2014, Spot Trading was named one of "Chicago's 101 Best and Brightest Companies to Work for" by the National Association of Business Resources (NABR) for the fourth consecutive year.[6] [7]

Spot Trading was also selected as one of the Chicago Tribune’s Top Workplaces in 2013 and 2014.[8] [9]

In March of 2014, Spot Trading announced the launch of a blog dedicated to talking about technology solutions. The firm said it hopes to stimulate thinking and promote collaboration in open source and other industries.[10]

Key People

References

  1. Proprietary Trading Firms. Traders Log.
  2. Spot Trading Elevates Merrilees To Chairman, Brodsky To CEO, McInerney To CFO. Tucson News.
  3. Spot Trading L.L.C.. BusinessWeek.
  4. Spot Trading Names Stephen Brodsky Chief Financial Officer. Spot Trading.
  5. Spot Trading Elevates Merrilees to Chairman, Brodsky to CEO, McInerney to CFO. Spot Trading.
  6. Spot Trading Named For Fourth Consecutive Year As One Of "Chicago's 101 Best and Brightest Companies to Work For. Spot Trading via PR Newswire.
  7. Spot Trading Named One of "Chicago's 101 Best and Brightest Companies to Work for". PR Newswire.
  8. For Spot Trading, the whole is greater than the parts. The Chicago Tribune.
  9. Spot Trading Chosen for Second Consecutive Year As One Of The Chicago Tribune's Top Workplaces. PR Newswire press release.
  10. printf(“Hello World!\n”);. Spot Trading LLC.