A review of industry legend Richard Sandor's autobiography.
Richard Sandor is a man who does not let failure get in the
way of his ambition. From his early days as an academic to the
establishment of the world’s leading climate
exchange, his story, recounted in his newly released
autobiography Good Derivatives: A Story of Financial and
Environmental Innovation, stands testament to what can be
achieved through vision and perseverance.
Sandor is possibly the only man in the derivatives industry
to be hailed as an idol by the left, having been named as a
"hero of the planet" by Time magazine. Sandor is known to many
as the "father of financial futures" in recognition of his
pioneering work in the development of the first interest rate
futures contract in the 1970s.
However his legacy also includes the pioneering of carbon
trading across the world earning him the additional moniker of
"father of carbon futures" and his career has seen him serve on
the board of CBOT, CME, ICE, Liffe and Matif as well as
advising on the launch of Soffex.
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