Henry Shatkin is futures trader, trading floor broker, brokerage executive and exchange director who cofounded Shatkin Arbor, Inc. with former Chicago Board of Trade (CBOT) Chairman Patrick Arbor, and served as the firm's chief executive officer. He has been a professional trader for more than 50 years. A former director of the CBOT, Shatkin has continued to play an influential role in the exchange trade of Chicago futures. As the CEO of Shatkin Arbor, he is intimately involved with the day-to-day workings of the firm.
Shatkin is a historical figure in the futures industry. He is mentioned as an International Monetary Market (IMM) advocate in CME Group (CME)chairman emeritus and board director Leo Melamed's book about the industry - Escape To The Futures. IMM division of the CME was set up for trade of currency and interest rate futures and options.
He was one time partner and a political ally of former CBOT chairman Leslie Rosenthal and was mentioned in the book about the FBI trading sting at the CBOT and CME titled "Brokers, Bagmen, and Moles: Fraud and Corruption in the Chicago Futures Markets."
In 1965, Shatkin was accused of the CEA of Department of Agriculture of trading violations related to record keeping of trades. He agreed to desist from the practice
The business and assets of Shatkin Arbor were acquired by Australian financial-services firm Macquarie Group (Macquarie) in August of 2008. Terms of the deal were not disclosed.Under the deal, senior management of Shatkin Arbor would occupy key leadership roles within Macquarie derivatives arm Macquarie Futures. At least one media report said Shatkin and Arbor contended that the agreement leveraged their firm's platform and would contribute to the firm's expansion in a global market. Shatkin later reacquired Shatkin Arbor from Macquarie.
JLN News Feed
VIX Hits Seven-Week High Even as Bets Jump on Post-Election Calm; Covid Fear Is Back and Driving Markets Again
[JPX-RAppointment of New Governor of Japan Exchange Regulation]
[JPXConsolidated financial results for the fiscal year ended September 30, 2020 (Based on IFRS), unaudited]
[JPX[Explanatory Material] Overview of Earnings for Q2 FY2020]
[JPXNotice of Revision to Earnings Forecast and Dividend Forecast]
[JPXNotice of Dividend from Surplus]
We visit more than 100 websites daily for financial news (Would YOU do that?). Read the John Lothian Newsletter.