David Greenberg on "The Transition from Open Outcry to Electronic Trading"

Lunch and Learn Series

David Greenberg on \

Thursday, May 17, 2012 | 12:30 PM to 1:30 PM

Join us for a lunchtime talk with David Greenberg on the transition from open outcry trading to electronic trading. He will discuss how and why this transition happened, as well as the effects it has had on the energy market.

About the Speaker
David Greenberg is president of Greenberg Capital, LLC. He has more than 30 years experience in private investments, commodities trading and global markets and is actively trading crude oil and gold. Mr. Greenberg has been the president of Sterling Commodities Corp. since 1996. As president, his work shaped the firm into one of the largest local clearing houses at NYMEX.

Mr. Greenberg was a member of the New York Mercantile Exchange (NYMEX) Board of Directors for three terms and served on the NYMEX Executive Committee from 2006-2007. During his tenure on the board, the exchange experienced a growth in valuation from $800 million to a high of $12 billion and had one of the most successful initial public offerings (IPOs) in US history. Mr. Greenberg was part of a team involved in many key exchange issues, including the introduction of electronic trading, the launch of ClearPort Clearing and the creation of the Dubai Mercantile Exchange, a newly-formed subsidiary of NYMEX and Dubai Holdings.

Mr. Greenberg has been a member of NYMEX since 1990 and the Commodity Exchange (COMEX) since 1988. At the exchange, he has steered major positions in the Security Committee, Locals Advisory Committee, Electronic Trading Advisory, Corporate Governance Committee, and International Advisory Committee, which handled the international expansion of NYMEX. A former member of the New York Board of Trade (NYBOT) and Coffee, Sugar and Cocoa Exchange (CSCE), Mr. Greenberg was also an Executive Committee member of the Commodity Floor Brokers and Traders Association (CFBTA). In addition, he served on the Board of Directors for the Futures and Options for Kids Foundation.

He has appeared on numerous television and media outlets regarding his opinion on world markets. A former member of the Board of Suffield Academy in Suffield, CT, he is a frequent guest lecturer for the finance program at both Hofstra University and the Whitman School of Management at Syracuse University.