Retired Chairman, Chicago Mercantile Exchange, and Chairman, E-Trade Futures
Under Mr. Sandner’s leadership, the CME developed: Eurodollar futures, the most actively traded derivatives product in the world; Stock Index futures and options, for which the Merc has become the world trading center; and GLOBEX, the global electronic trading system launched in 1992. In April 1993, he was appointed chairman of GLOBEX.
Recognized as an industry leader, he has testified frequently before Congress, most notably the 1980 Gold and Silver Crisis, the 1987 stock market crash, and in the 90’s the modernization of financial services regulation. In December 1992, former President Clinton invited Mr. Sandner to address his economic summit in Little Rock. In 1995 USTreasury Secretary Robert E. Rubin appointed him to the US. Advisory Commission on Financial Services. In 1997 he was asked to be the US chair for financial services at the Trans-Atlantic Business Dialogue Conference in Rome.