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ray cahnman

Chairman at TransMarket Group, L.L.C.

Ray Cahnman is the Chairman of TransMarket Group, L.L.C., a company he founded in 1980.23 He is a highly successful trader and businessman with over four decades of experience in the financial markets.3

Education and Early Career

Cahnman holds a Bachelor of Science in Mathematics from DePaul University (1965-1967) and an MBA in Operations Research from Tulane University's A.B. Freeman School of Business (1967-1969).1 During his time at DePaul, he was a standout tennis player, achieving an impressive .880 winning percentage.2

Professional Career

Cahnman began his trading career at the Chicago Board of Trade in September 1975 as one of 19 original interest-rate futures market makers.2 He actively traded for 39 years, successfully transitioning from open-outcry pit trading to screen-based trading.2 In 1980, he established TransMarket Group LLC, which has grown into a global trading firm with offices in multiple countries.23

Achievements and Contributions

  • Served as a director of the Chicago Board of Trade from 1999 to 20023
  • Early proponent of electronic trading, successfully adapting his skills to the new platform3
  • Trained and employed many successful traders throughout his career3
  • Inducted into the DePaul Athletics Hall of Fame in 2015, recognizing his contributions as a student-athlete and his subsequent business success2

Cahnman attributes much of his success to the skills and mindset he developed as a competitive tennis player at DePaul University, which he applied to his trading career.2

Related Questions

What are some of Ray Cahnman's most notable achievements in his career?
How did Ray Cahnman transition from trading in the pits to electronic trading?
What role did DePaul University play in Ray Cahnman's success?
How did Ray Cahnman's experience at the Chicago Board of Trade influence his career?
What is the history behind the founding of TransMarket Group?
ray cahnman
ray cahnman, photo 1
ray cahnman, photo 2
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Location

Greater Chicago Area