Barry Lind | Shaped CME trading, 74
Barry Lind, 74, who thrived in the open-outcry trading pits of the Chicago Mercantile Exchange before helping transform it into a central market for the electronic trading of financial instruments, died Thursday, Jan. 24, from injuries suffered Wednesday when he was struck by a car in Rancho Mirage, Calif., police said.
Barry Lind, 74, who thrived in the open-outcry trading pits of the Chicago Mercantile Exchange before helping transform it into a central market for the electronic trading of financial instruments, died Thursday, Jan. 24, from injuries suffered Wednesday when he was struck by a car in Rancho Mirage, Calif., police said.
His death was confirmed by Larry Silver, managing partner and co-founder of Silver Young Capital L.L.C., a Chicago-based private equity firm where Lind was a co-founder and managing partner.
Mr. Lind "played a critical role in CME's transformation into a modern financial futures exchange," the Futures Industry Association said in naming Lind to its hall of fame in 2005. He "was among the strongest proponents of increasing the use of technology in futures trading, and his firm was among the earliest to automate its order routing system and to offer online trading." - Bloomberg News