David F. Goldberg

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David F. Goldberg
Occupation Founder of Burling Bank, long-time industry participant

David F. Goldberg was a long-time financial industry participant who co-founded Burling Bank. Goldberg was a member of the CBOT, the CME and the Union League Club of Chicago. He died in October of 2016 at the age of 85. [1]

He part of a group of CBOT members who transformed the exchange from an agricultural exchange into a worldwide enterprise.[2] [3]

He co-founded Goldberg Brothers, a CBOT clearing member firm in 1969 with his brother Robert.

He also served as a director of Catholic Charities of Chicago.[4]


Goldberg was born in Chicago, grew up in Rogers Park, a Northside neighborhood, and attended Sullivan High School.

His first job at the Chicago Board of Trade was as a floor clerk. He later became a CBOT member and trader in 1956. He was an active scalper in the wheat pit and described as one of the best traders at the CBOT.[5][6]

He was a partner with Geldermann & Company before he and his brother Robert started Goldberg Brothers.

Goldberg was the chairman and director of Burling Bank in Chicago, which he founded in 1989. Until 1988, he was the chairman of Goldberg Brother Commodities, Inc., Goldberg Bros. Trading, Inc., and Goldberg Securities, Inc. He served as a member of the board of governors of the Chicago Board Options Exchange, the Chicago Board of Trade (CBOT), the Chicago Stock Exchange, the Options Clearing Corporation and the Securities Investor Protection Corporation.[7]


He attended the University of Illinois before enlisting in the U.S. Coast Guard during the Korean War.


  1. David Goldberg 1931 - 2016. Legacy.com.
  2. David Goldberg, trader with Chicago Board of Trade, dies at age 85. Chicago Tribune.
  3. Good Derivatives: A Story of Financial and Environmental Innovation. Google Books.
  4. Press Release. CHX.
  5. THE 25-POINT MANTRA. Coursera.
  6. Special Guest Speaker Doug Zelesky. SiliconInvestor.com.
  7. David F. Goldberg, 1931–2016. Burling Bank.