For Crying Out Loud: From Open Outcry to the Electronic Screen

Leo Melamed

Jul 2009 · John Wiley & Sons

About this ebook

A follow-up to Leo Melamed on the Markets, this book covers the developments in the futures markets since 1992 and discusses their transition through the digital age. The author, a recognized founder of financial futures, details the global issues confronting the futures market. You’ll learn how financial markets have allowed investors to manage generalized risks to both reduce exposure or enhance value to capture increased profits. Additionally, you'll discover trends, technology, and products that have shaped the world of futures and options, and what the future holds.

About the author

Leo Melamed is globally recognized as the founder of financial futures. In 1972, as chairman of the Chicago Mercantile Exchange (CME Group), he launched currency futures with the creation of the International Monetary Market (IMM)—the first futures market for financial instruments. He is currently Chairman Emeritus of CME Group and CEO of Melamed & Associates, Inc. Melamed has been an adviser to the U.S. Commodity Futures Trading Commission (CFTC) and serves as special adviser on futures markets to governments worldwide. He is also the author of Leo Melamed on the Markets (Wiley), The Tenth Planet (Bonus Books), Escape to the Futures (Wiley), and editor of an anthology entitled The Merits of Flexible Exchange Rates (George Mason University Press).