Thomas J. Cashman

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Thomas J. Cashman
Occupation Floor Broker/Trader
Location Chicago

Thomas J. Cashman is a veteran floor broker and trader on the Chicago Board of Trade of the CME Group.

He filled orders in the soybean pit of the CBOT for over five decades and is a 50-year full-member of the Chicago Board of Trade.[1][2][3][4]

Cashman served as the president of the 100 Club of Chicago, a charity providing for the families of fallen police officers and firefighters of Cook County, Illinois.[5] in 2019, the 100 Club presented Cashman with a lifetime achievement award.


Cashman, the son of a fireman, grew up in Chicago in the Austin neighborhood and played basketball and baseball for Fenwick High School.[6] He graduated from Loras College in Iowa and then completed graduate work in chemistry at Northwestern University before moving to the CBOT in the 1960s.

Cashman had several uncles who were prominent members, traders and brokers at the CBOT.[7][8][9]

He has served on exchange governance committees, including the CBOT board of directors in the early 1980s, during his career. He has also served on the influential CBOT Nominating Committee.[10] and an ethics panel at the CBOT.[11]

He is actively involved in many charities, including as a director of the Hundred Club of Cook County, an organization that provides financial assistance to the families of police personnel killed in the line of duty.[12][13]

Cashman was featured in the 2008 book, My Word is My Bond, a profile of prominent CBOT members.[14]

John Lothian worked for Cashman from 1978 to 1983 and was aided in his start in the industry and throughout his career by Cashman's example and advice.[15]

John Lothian Profiles

John Lothian Profiles: Tom Cashman
Tom Cashman, a member of an iconic Chicago Board of Trade (CBOT) family, is a pit trader, exchange trading floor broker and 50-year member of the exchange. Tom Cashman’s contributions to the CBOT governance are numerous, including serving as chairman of the Floor Governors Committee and chair of the CBOT’s Ethics and Integrity Committee formed following the FBI Investigations of the futures markets in the late 1980s. He has been a member of the exchange since 1962. Published October 1, 2012.[16]


Cashman graduated from Loras College. He is a graduate and a life trustee of Fenwick High School in Oak Park, IL.[17]


  1. Taking Stock: Chicago's Trading History. Michigan Avenue.
  2. Cbot To Sow Seeds Of Futures Change?. Chicago Tribune.
  3. Out of the pits, Chicago traders seeking booths with a view. Reuters.
  4. Billy Assimos, the Face of Ceres. John Lothian News.
  5. Board of Directors. 100 Club of Chicago.
  6. Thomas J. Cashman '56. Fenwick High School.
  7. Elocutionist Now Cashman's Biggest Commodity. Ocala Star Banner.
  8. Eugene Cashman, 78. Chicago Tribune.
  9. Closing of Chicago trading pits: a requiem for family ties. Pittsburgh Post Gazette.
  10. Cbot To Sow Seeds Of Futures Change?. Chicago Tribune.
  11. Cbot Directors Vote To Create Ethics Panel. Chicago Tribune.
  12. Betty’s Love in the News. Betty's Love Alzheimer's Charities.
  13. Congratulations extended to Thomas J. Cashman as chairman of 100 Club of Chicago. Office of City Clerk - Chicago.
  14. My Word Is My Bond: Voices from Inside the Chicago Board of Trade. John Wiley.
  15. Kevin Jamali of Auctos Capital Management has it going. John Lothian News.
  16. John Lothian Profiles: Tom Cashman. John Lothian News.
  17. Thomas J. Cashman - Life Trustee at Fenwick High School.