Futures in the 21st century

August 1, 2014 09:24 AM

In looking back on 500 issue of Futures magazine I depended on older and wiser people. Darrell Jobman did a great job listing the “10 events that molded futures in the 20th century.”

My job was easier because I could rely on industry veterans who I had interviewed over the years. Leo Melamed did a great job in describing the major events for the industry in our agents of change issue.

Leo Melamed: In the middle of the action from the beginning

Also in that issue we talked to Philip McBride Johnson, who was perhaps single handedly  responsible for making sure the Commodity Futures Trading Commission would have exclusive jurisdiction of Futures. If this would not have been the case, the dramatic growth of new products in the 1970s and 80s would not have been possible.

Philip McBride Johnson: Made CFTC master of its own domain

In touching on our various anniversary issues we pointed out highlights like our interview with Richard Dennis, perhaps the first all-star futures trader, in the first issue of Futures magazine. In September 1983 Merrill Oster changed the name from Commodities to Futures and despite the admonitions of Jim Rogers, we haven’t changed it back.

Richard Dennis: Turning a summer job into a legend

I concentrated on some of the big stories from the 21st century:



About the Author

Editor-in-Chief of Modern Trader, Daniel Collins is a 25-year veteran of the futures industry having worked on the trading floors of both the Chicago Board of Trade and Chicago Mercantile Exchange.