Lee Tenzer is a proprietary trader, investor, philanthropist and exchange member who founded LETCO, which at one time was one of the biggest proprietary trading firms on the Cboe. He sold LETCO to TD Securities in 2002.
He is a member of the board of DePauw University, his alma mater.
Tenzer is a member of the inaugural class of the "Crowd of Fame" created by the Options Clearing Corporation, which in 2019 announced the creation of the U.S. Options Lifetime Contribution Award.
Tenzer, through his family foundation, owns Lake Geneva Canopy Tours, a zip lining business in the resort town in southeast Wisconsin.
Tenzer served in the National Guard and began his career as a computer programmer for Sears, Roebuck & Company.
In 2002, Tenzer sold LETCO to TD Securities at the same time TD bought Stafford Trading, Inc.
The Tenzer Family Foundation committed $10 million toward a technology innovation center at DePauw University known as the Tenzer Technology Initiative.
Tenzer is a 1964 graduate of DePauw University and holds a bachelor of science in mathematics.
JLN News Feed
Why this wild coronavirus rally has Wall Street experts fearing a bull-market trap; ETFs Have Passed Their Covid-19 Stress Test
CME Group to Launch New Gold Futures Contract with Expanded, Flexible Delivery in 100-ounce, 400-ounce or 1-kilo Bars
Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date March 13, 2020
We visit more than 100 websites daily for financial news (Would YOU do that?). Read the John Lothian Newsletter.