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Fred Schoenhut

Husband, Father, Grandfather

Professional Background

Fred W. Schoenhut is a distinguished figure in the world of commodity trading and financial services, known for his substantial contributions to several prominent institutions. As the founder and principal of HonorVerus Research, LLC, he leads a Commodity Trading Advisor (CTA) firm that specializes in leveraging extensive market knowledge for effective trading strategies. His expertise extends over multiple facets of the trading industry, including risk management, execution, and market operations.

Between 2002 and 2010, Mr. Schoenhut served as chairman of the board of directors for ICE Futures U.S., Inc., which is recognized as the world's leading exchange for soft commodities, also dealing in currency and index futures and options. His role in shaping policy and overseeing operations has made significant impacts on how trading practices evolve and adapt to market changes. His commitment to excellence is further illustrated by his leadership on various committees, including the Executive Committee, Floor Committee, and Operations and Technology Committee, where he implemented innovative solutions to enhance trading efficiency and safety.

Mr. Schoenhut's career took off when he founded Copia Trading Co., Ltd. in September 1980. This coffee futures execution firm quickly established itself within the Coffee, Sugar & Cocoa Exchange (CSCE) trading floor. His notable ability to navigate market challenges was highlighted when he chaired the New York Board of Trade Relocation Committee after the September 11 terrorist attacks, successfully overseeing the relocation of trading and administrative facilities and ensuring minimal disruption to operations.

In 2006, Mr. Schoenhut played an instrumental role in the merger and integration process between the New York Board of Trade and the Intercontinental Exchange, demonstrating his strong strategic foresight and capability to manage complex organizational transitions. He contributed to the IntercontinentalExchange Public Company Board of Directors from 2007 to 2010, further cementing his status as a leader in a rapidly evolving marketplace.

Beyond his roles at various exchanges and companies, Mr. Schoenhut serves on the Boards of the United States Indian American Chamber of Commerce and the Commodities Floor Brokers and Traders Association, showcasing his commitment to enhancing cooperation and growth within the community of commodity professionals.

Education and Achievements

Fred Schoenhut’s educational background laid a strong foundation for his successful career in the commodity trading sector. He graduated from Clarkson University in 1978 with a Bachelor of Science in Electrical Engineering. His studies in engineering have equipped him with analytical skills and technical expertise which he adeptly applies within the trading environment. This rigorous academic training has been pivotal in his ability to develop systematic approaches to trading and risk management.

Throughout his career, Mr. Schoenhut has achieved many significant milestones. His leadership positions across multiple boards and committees have yielded positive outcomes for the organizations he has been affiliated with. Notable achievements include:

  • Successfully chaired the New York Board of Trade Relocation Committee post-September 11, ensuring continuity of trade operations.
  • Leading the merger and integration of the New York Board of Trade with the Intercontinental Exchange, enabling enhanced trading opportunities.
  • Contributing to the development of strategic policies as the chairman and board member at ICE Futures U.S., thereby influencing commodity trading practices on a global scale.

Related Questions

How did Fred Schoenhut contribute to the successful relocation of the New York Board of Trade after the September 11 attacks?
What strategies did Fred Schoenhut implement during the merger of NYBOT and the IntercontinentalExchange to ensure a smooth transition?
In what ways does Fred Schoenhut leverage his electrical engineering background in his trading strategies at HonorVerus Research, LLC?
What leadership qualities does Fred Schoenhut emphasize in his roles on various boards and committees related to commodity trading?
How does Fred Schoenhut's experience as a risk manager inform his approach to advising clients at HonorVerus Research, LLC?
Fred Schoenhut
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Location

Avon-by-the-Sea, New Jersey, United States