How do you become a trader? Or a broker on the trading floors at the CME, taking orders from banks, corporations, and countries around the world?
For George Cavaligos, who ran the EuroDollar Futures desk for Drexel Burnham Lambert, one of the biggest names of a generation, it was a career change from barely making it as a High School Teacher. You all may know a guy by the name of Rick Santelli (CNBC) who used to work for George.
In this interview, we're talking treasuries and bonds, interest rates, and trading with George Cavaligos, who's been an Institutional Futures Broker and have worked on the trading floor of the CME for 30+ years. He started his futures career in 1980 with Drexel Burnham Lambert. George has also worked at (the now extinct) Bear Stearns and MF Global.
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