Laurence E. Mollner

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Laurence E. Mollner

Laurence E. Mollner, among other key positions during his long career, was the former president of Carr Futures.

Biography

Larry Mollner began his 30-year career in futures at E.F. Hutton in 1966 and developed an interest in futures. In 1977, he moved to Chicago and began working on the floor of Chicago Mercantile Exchange as a salesman and order filler for Thomson McKinnon. He joined Dean Witter Reynolds in 1979 as a salesman in the commodities division. He went on to develop the firm’s presence in financial futures, eventually becoming director of its futures market division.

When Dean Witter sold its futures business, Mollner became president of Carr Futures and managed the transition.

He served as chairman of the Futures Industry Association (FIA) from 1995 to 1997 and worked to bring exchanges and firms to the table to discuss common clearing—a proposal he could demonstrate would offer considerable savings for all parties. He also was a strong advocate for developing common formats and standards necessary to efficiently conduct a global business.

In 2005, Mollner was inducted into the Futures Industry Association's Futures Hall of Fame, which was established in 2005 to commemorate outstanding contributions to the global futures and options community.

Mollner served as the chairman of CME’s FCM committee and as a member of numerous other CME committees. He also served on the board of the National Futures Association and as an industry governor of the CME.