Did you know who invented currency futures? It was Leo Melamed, the chairman of the Chicago Mercantile Exchange
He started by trading futures on pork bellies but cherished an ambition to reform the financial market. When the US abandoned the gold standard for the national currency, Leo realized it was his chance to make a difference.
Want to know more about how he managed to create a new market that opened up huge opportunities for speculative trading?
Watch this video that tells the story of Melamed’s revolution.
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