Company Timeline: Historical Events

2009

2009

Maureen C. Downs (RCG President) elected to Board of Directors of the National Futures Association.

2009

RCG Onyx RiskWatcher, one of the most comprehensive risk management tools, launches exclusively in RCG Onyx.

2009

RCG Onyx WebTrader launches - giving futures traders access to full trading capabilities on the go, with a web-based order execution and market access system.

2009

RCG RiskHunter™ offers powerful new tool for managing risk.

2008

2008

RCG achieves new record in client equity of $1.6 billion.

2008

RCG Onyx® further enhanced with interactive charts from Barchart.com, Inc.

2007

2007

RCG achieves record annual volume of 88.5 million contracts.

2007

RCG and Farms Technology connect Dynamic Pricing Platform (DDP) with e-Pit to electronic futures markets via the RCG FIX API.

2007

RCG announces initiative with Richcomm Global Services to establish presence in Middle East, India, and Africa.

2007

RCG reaches #1 in live cattle and feeder cattle volume at the Chicago Mercantile Exchange.

May 2007

RCG releases the second version of Onyx®. (link to 1.2.2.1)

January 2007

RCG introduces Managed Futures services.

2007

Chicago Board of Trade merges with the Chicago Mercantile Exchange, to form CME Group.

2006

August 2006

RCG joins LCH for clearing of the ICE exchange.

June 2006

RCG implements RCG Prysm, an automated trade allocation system.

January 2006

RCG reaches #1 in clearing for CME agricultural products.

2005

November 2005

RCG customer funds soar 67%.

April 2005

RCG launches its very own designed and developed front-end futures trading platform, RCG Onyx®. (link to 1.2.2.1)

2005

Leslie Rosenthal (RCG Principal) named to FIA Futures Hall of Fame.

2004

2004

Scott Gordon, former Chairman of the Chicago Mercantile Exchange, is appointed President and CEO of RCG.

2003

2003

RCG invests $1 million in state-of-the-art technology center to support a full suite of electronic trading solutions.

2002

2002

RCG introduces a real-time simulated trading environment for Patsystems' J-Trader®.

2001

2001

RCG is among the first, in the US, to offer Patsystems' J-Trader® to the electronic trading community.

1998

1998

Scott Gordon (RCG Chairman and CEO) elected Chairman of the Chicago Mercantile Exchange.

1997

1997

Chicago Mercantile Exchange introduces the E-Mini S&P, with the value of one contract at US$50 times the value of the S&P 500 stock index (as opposed to $500). It quickly becomes the most popular equity index futures contract in the world.

1992

1992

Chicago Mercantile Exchange launches CME Globex an electronic trading system.

1988

1988

Rosenthal Collins Group forms from merger of Collins Commodities and Rosenthal & Co.

1982

1982

National Futures Association founded for industry self-regulation. Leslie Rosenthal (RCG Principal) is a founding member.

1982

S&P stock index futures begin trading at the Chicago Mercantile Exchange.

1981

1981

Leslie Rosenthal (RCG Principal) elected to the first of his two terms as Chairman of the Chicago Board of Trade.

1978

1978

Leslie Rosenthal (RCG Principal) elected simultaneously as a Member-Board of Directors-CBOT, Member-Board of Governors-CME, Member-Board of Directors-MidAmerica Stock Exchange, and Chairman-Board of Directors-Board of Trade Clearing Corporation.

1977

1977

J. Robert Collins (RCG Principal) becomes Chairman of Collins Commodities after merger with John S. Morris & Co.

1977

Under the leadership of Financial Instrument Committee Chair Leslie Rosenthal (RCG Principal), the Chicago Board of Trade creates the first futures contract on long-term U.S. government debt - the U.S. Treasury bond futures contract, and wins CFTC approval.

1975

1975

Under the leadership of Financial Instrument Committee Chair Leslie Rosenthal (RCG Principal), the Chicago Board of Trade creates Government National Mortgage Association (Ginnie Mae) certificates futures contracts and wins CFTC approval.

1974

1974

Congress establishes the Commodity Futures Trading Commission to regulate the commodity futures and commodity option markets. The authority of the CFTC allows for the creation of financial instruments for the first time.

1972

1972

Chicago Mercantile Exchange launches currency futures and creates the International Monetary Market (IMM).

1970

1970

Rosenthal & Co. is founded by Leslie Rosenthal (RCG Principal) as a clearing member of the Chicago Board of Trade to serve financial and agricultural customers.

1968

1968

J. Robert Collins (RCG Principal) elected President of the MidAmerica Commodity Exchange.

1964

1964

The Chicago Mercantile Exchange begins trading live cattle contracts, the first time a live commodity is traded on a futures exchange.

1961

1961

J. Robert Collins (RCG Principal) joins his father, John, at Greene and Collins. The same year pork bellies are first traded on the Chicago Mercantile Exchange.

1958

1958

Leslie Rosenthal (RCG Principal) becomes a member of the Chicago Board of Trade, beginning a stellar career.

1929

1929

October 29, "Black Tuesday" stock market crash ushers in a decade of the Great Depression.

1929

Green and Collins participates in largest volume of trading for the year. On July 15, sales of all grain futures on the Chicago Open Board of Trade total 193 million bushels.

1923

1923

RCG predecessor Green and Collins is co-founded by John F. Collins as a clearing member for the Chicago Board of Trade.

1865

1865

The Chicago Board of Trade standardizes futures contracts, allowing the buying and selling of contracts opening up the exchange to futures traders.

1848

1848

The Chicago Board of Trade is formed at the transportation hub of the Midwest in response to gluts and shortages of agricultural products.

1710

1710

The Dojima Rice Exchange in Osaka, Japan becomes the first modern organized futures exchange.

580 BC

Circa 580 BC

Thales of Miletus executes earliest recorded futures trade by purchasing exclusive use of oil presses. The following olive harvest is huge, and he makes a fortune selling his rights of use of the presses.