From the September 01, 2011 issue of Futures Magazine • Subscribe!

Michael Stumm: Renegade engineer

Q&A

Michael Stumm is a computer engineering professor at the University of Toronto, self-described "techie" and so much more. He earned a doctorate in computer science from the University of Zurich and holds five patents with several more in the works. He and high school trading buddy Richard Olsen founded forex broker Oanda, a company Stumm heads, that has brought institutional efficiencies to the retail trader. Stumm and Olsen, while both brilliant, simply had the will to do it. He gets downright angry when discussing unfair market practices and the advantages certain players are allowed to maintain over retail participants. We talked to Stumm about technology, innovation, regulation, traders’ rights and the future of forex.

To read the abridged interview as it appeared in Futures, click here

To read the portions of the interview related to Oanda's Forex Trader's Bill of Rights, click here

To read only the portions of the interview related to regulations, click here

To read the entire unabridged interview which includes all the above, click here

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