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Man of the Futures

The Story of Leo Melamed and the Birth of Modern Finance

By Leo Melamed

Hardback £35.00 / $40.00
eBook £20.00 / $25.00
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Man of the Futures

The Story of Leo Melamed and the Birth of Modern Finance

By Leo Melamed

Jacket text

As the founder of financial futures and initiator of Globex, the world’s first global electronic trading system, Leo Melamed revolutionized the finance industry. Man of the Futures, his definitive memoir, recounts Melamed’s journey from Holocaust survivor and accidental runner at the Chicago Mercantile Exchange (CME), to one of the most prominent leaders in the world of finance.

At 33, Melamed gave up a promising law career to pursue his dream of becoming a full-time pit-trader at the CME. He quickly ascended the ranks to become chairman. From there, he set out to disrupt the status quo and ultimately transform both the exchange itself and the broader finance industry.

Through daring to embrace innovative ideas many considered absurd, Melamed was a pioneer, continually fighting for modernisation in the financial markets through diversification and the introduction of new technologies. Covering the internal battles waged within the CME, the launch of the International Monetary Market (IMM) and the rise of Globex, this enthralling autobiography details the struggles, scandals and triumphs of a visionary in his field.

Together with behind-the-scenes reminiscences about the financial markets, this narrative delves into Melamed’s philanthropic work at the US Holocaust Memorial Museum, as well as his fascinating dealings with political figures at home in Chicago, at the White House, and around the world in China, Japan, Singapore, Great Britain, Russia, South Korea, and Brazil.

Man of the Futures offers exclusive access to the rationale behind some of the biggest financial decisions and dealings in the late 20th and early 21st century. Join Leo Melamed for this fascinating and revealing story of a life lived in pursuit of the future.

About the author

Leo Melamed, a Holocaust survivor, found safety in the US during World War II. He is the founder of financial futures. In 1972, as chairman of the Chicago Mercantile Exchange (CME Group), he revolutionized markets with the creation of the International Monetary Market — the first futures exchange for financial instruments — and the launch of currency futures. Twenty years after their inception, Nobel Laureate Merton Miller named financial futures “the most significant innovation of the past two decades.” In 1987, Melamed revolutionized futures trading again with the founding of Globex®, the world’s first futures electronic-trading system.

Media coverage

From Forbes:

In Leo’s most recent book, Man of The Futures, he shares some of the highlights of his exceptional journey and this is easily one of my favorite books of all time.

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From CommPro:

Man of the Futures is the definitive memoir of Leo Melamed. It recounts Melamed’s journey from Holocaust survivor and accidental runner at the Chicago Mercantile Exchange (CME), to one of the most prominent leaders in the world of finance who mingled with US Presidents and world leaders. As the founder of financial futures and initiator… Read more »

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From John Lothian News:

Leo Melamed has lived a life worthy of multiple autobiographies. And he now has written his latest, “The Man of the Futures.” The book encompasses all that occurred in his life and work since 1996, when he published “Escape to the Futures.” A lot has happened in that quarter of a century, and many of… Read more »

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Published: 27/04/2021
Pages: 396
Formats: hardback - ISBN 9780857197481
ebook - ISBN 9780857197498
audio - ISBN 0000000000051
Media enquiries

If you’d like to get in touch with the author for interview or comment, or you’d like a review copy of this book, please contact us at pr@harriman-house.com or call +44 (0)1730 233870.

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