Christopher K. Hehmeyer

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Christopher Hehmeyer
Hehmeyer Wiki.jpg
Occupation CEO
Employer Hehmeyer
Location Chicago
Twitter @ChrisHehmeyerSr
Website www.htgcap.com

Christopher K. Hehmeyer is the CEO of Hehmeyer, formerly Hehmeyer Trading + Investments, a proprietary trading group, futures introducing broker and CTA.[1] The company rebranded in June of 2020 and announced it would focus on being a market maker in the cryptocurrency trading space. The company no longer offers its old brokerage services, prop trading, commodity pool or trading advisor services.[2]

Chris Hehmeyer’s career spans over 40 years and includes board member and chairman positions at numerous industry organizations. He was elected to the Futures Industry Association Hall of Fame in 2019.[3]

He also serves as a chairman of the advisory board of Integritas Financial Consulting.

Hehmeyer is the immediate past chairman of the board of the National Futures Association (NFA).[4][5] From March 2009 to March 2020 he was a member of the board of directors of the Futures Industry Association (FIA), where he served in several capacities, including vice-chairman of the board.[6]

Hehmeyer was the chairman of the 2009 Futures Industry Association EXPO, and currently serves as an honorary chair committee member of the FIA Futures Cares Charity Dinner raising money for the Greater Chicago Food Depository.[7]

He is a member of the Economic Club of Chicago and the World Presidents Organization. He is on the Board of Regents of the University of the South and is chairman of its investment committee.

Cryptocurrency[edit]

Chris Hehmeyer started Hehmeyer Commodities + Investments in 2016. In 2017, the firm began offering cryptocurrency trading services. The company was headquartered in Chicago, IL, but also had offices in Singapore and London. From 2017 to 2020, the company offered brokerage services, prop trading, commodity pool and trading advisor services.

Market making[edit]

In 2020, as Hehmeyer LLC, the company pivoted to becoming a full-time cryptocurrency market-making firm. A longtime proponent of anonymity for electronic traders, Hehmeyer said the pivot to becoming a full-time digital asset market maker was part of his desire to provide greater financial liberation and personal freedom for individuals, something he believes cryptocurrency can provide for the public.[8][9][10]

In February 2021, Hehmeyer LLC said it would merge its electronic market making operations with Swiss digital asset market making firm Nortide.[11]

Investment management[edit]

Warwick Capital Management Ltd., with Hehmeyer as chairman of the board, announced its own formation on June 3, 2021. Operating as a distinct entity with separate funding, Warwick is based in Bermuda because of the country's favorable regulatory climate for digital asset investing. According to Hehmeyer, “Our goal is to bring the high level of domain expertise, risk management, and client service that we established in listed derivatives to the crypto world, and we are well on our way in doing so.”[12]

Background[edit]

Hehmeyer was one of the founding partners of Goldenberg, Hehmeyer & Co. He was a managing director of Virginia Trading Corporation from 1981 until the establishment of the GHCO partnership in 1984.

When GHCO was sold to Penson Worldwide in 2007, Hehmeyer became the CEO of Penson GHCO. He stepped down in December of 2009 and became non-executive chairman of the firm.

Hehmeyer was director of the Chicago Board of Trade from 1984 to 1987 and has chaired, vice-chaired, or served on 40 committees at the CBOT. Hehmeyer also served on the Board of Governors of the Board of Trade Clearing Corporation from 1993 until 1999, and as Chairman from 1996 to 1998.

Hehmeyer is an outspoken proponent of anonymity in electronic trading and his public campaign on the issue contributed to the decision by CBOT and CME to suppress identifying information in the clearing process for trades.[13]

Hehmeyer began his career as a floor runner and then became an independent broker and trader in 1978.

He has served on local charity boards including chairman of the exchange chapter of Ducks Unlimited and chairman of the annual LaSalle Street Dinner Dance for the Area Council of the Boy Scouts of America.[14]

Hehmeyer resides in Chicago and is a native of Memphis, Tennessee. He is married and has two children.

Education[edit]

  • BA, Political Science, Sewanee-The University of the South (1973 – 1977)[15]

John Lothian News Interviews[edit]

Confirmations: NFA and CME’s Financial Match.com
The fraud at Peregrine Financial Group was uncovered in July 2012 by the National Futures Association (NFA) which used an electronic bank account confirmation system. (Also see: Confirmations: Plugging Into Electronic Confirmations)

In November 2012, the NFA and CME Group announced they would implement an electronic confirmation system for futures brokers. The system, operated by Alphametrix, provides a comprehensive check and match of what FCMs say they have in customer funds with what banks say they have.

Chris Hehmeyer, CEO of HTG Capital Partners and chairman of the NFA, says the new system will help regulators and customers assure such a fraud does not occur again. Published March 5, 2013.[16] Watch at JohnLothianNews.com


NFA Chairman Chris Hehmeyer Talks Bankruptcy Reform
One of the issues that emerged from the MF Global collapse was the complex and often frustrating US bankruptcy process. In the case of MF Global, futures customers’ claims were lumped in with other creditors. As such, it took more than a year for customers with segregated accounts to get their money back through the bankruptcy trustee. Chris Hehmeyer, CEO of HTG Capital Partners and chairman of the National Futures Association (NFA), spoke with JLN editor-in-chief Jim Kharouf about the need for bankruptcy reform for the futures industry. It’s a tall order, he says, but Hehmeyer believes it is critical to the future of the industry. Published April 1, 2013.[17] Watch at JohnLothianNews.com

Registration[edit]

  • Christopher K. Hehmeyer - NFA ID 0079042
  • Penson GHCO - NFA ID 0176293

References[edit]