Leo Melamed Guide, Meaning , Facts, Information and Description
Leo Melamed is one of the elder statesmen of the global derivatives market. He was born in Poland, 1932. The family name at the time was Melamdovich. In 1939, the Japanese consul general to Lithuanian, Chiune Sugihara, issued his family a life-saving transit visa, and they made the long trek across Siberia to safe haven in Japan. They crossed the Pacific to the US in spring 1941 and the family settled in Chicago.Leo Melamed was chairman of the Chicago Mercantile Exchange 1969-1971 and founding chairman of the International Monetary Market 1972-1977. In 1977, the CME and IMM merged.
Mr. Melamed served as special counsel to CME's board 1977-91.
In 1991 he founded his own global consulting firm, Melamed & Associates, of which he is chairman and chief executive officer. He is also currently a member of the global markets advisory committee of the U.S. Commodity Futures Trading Commission and he is on the board of directors of OneChicago, LLC, an exchange for single-stock futures.
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