Closing Rotation refers to the days at the Chicago Board Options Exchange on  expiration Friday after the 3:00 pm market closed when a series of   options were retired and the prices settled for the very last time.

In these latest episodes of The Blockchain Advisor™ we go back to our roots at the start of the modern-day derivatives market as we interview   floor traders and brokers from Chicago Board Options Exchange. The  start  of the bull market in 1982 was a special moment in time we shared  on  the trading floor! 

In   this time of high speed algorithmic trading, we can't forget the   stories and  experiences of those who were the founding members of   today's derivative market.

We live in a world of high-speed algorithmic trading, dark pools and smartphone investing apps. Decentralized finance or DeFi using   blockchain technology is coming at supersonic speed.

The   SEC and CFTC are struggling to regulate decentralized cryptocurrency   exchanges, stable coins and decentralized lending. In our Closing   Rotation series we interview and pay tribute to those people who risked   personal capital and created today’s modern derivatives market.

Cenacle Capital Management. Bridging the Gap Between Traditional Investing and Digital Assets. www.cenaclecapital.com