Wearing his loudly patterned 44 long jacket Edmund O’Connor was easy to spot – an important trait for a commodity trader. O’Connor (1925–2011) was a commodity trading pioneer who helped computerize and change trading systems. He started out as a commodity speculator at the Chicago Board of Trade. Successful, he eventually led the market away from traditional commodities and into bigger and more volatile derivatives. He then moved the commodities markets away from the open outcry system to electronic trading. The digitization of the markets in the late 1990s opened the door for the use of mathematical-model decision-making and high-frequency trading
Our collection database is a work in progress. We may update this record based on further research and review. Learn more about our approach to sharing our collection online.
If you would like to know how you can use content on this page, see the Smithsonian's Terms of Use. If you need to request an image for publication or other use, please visit Rights and Reproductions.