George Hanley

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George Hanley
Hanley.jpg
Occupation Founder and Principal
Employer Level 5 Trading
Location Chicago
LinkedIn Profile

George Hanley is a Chicago-based trader, exchange member, entrepreneur and philanthropist. He is currently the founder and principal of Level 5 Trading and president and treasurer of the George and Amanda Hanley Foundation.

He previously served as CEO of Hanley Group, which was acquired in July 2010 by INTL FCStone to form INTL Hanley, LLC. He was a co-founder and former chairman of Infinium Capital Management, which was based in Chicago. [1] He launched The Hanley Group in 1986, which then spawned both Blink Trading and ICM.[2]

Background

Hanley's interest in trading, and in the trading business, was sparked by his father, Tom Hanley, who started as a runner at the Chicago Board of Trade in 1923. Hanley first visited the trading floor of the CBOT as a boy.[3][4] He liked the atmosphere so much that by eighth grade he had decided to pursue a trading career.

Hanley began trading at the MidAmerica Commodity Exchange in 1977. He went broke three times before moving to the Chicago Mercantile Exchange in 1981, and in 1983 he began a long-standing affiliation with the Chicago Board of Trade. Hanley has also traded at the New York Mercantile Exchange, the Coffee, Sugar and Cocoa Exchange, the New Orleans Rice and Cotton Exchange, the Swiss Options and Financial Futures Exchange and the Sydney Futures Exchange. He played an integral part in the 1984 launch of Soybean Options and Futures trading at the CBOT.

Hanley founded Infinium Capital Management with Chuck Whitman and Brian Johnson in 2001.[5] He also co-founded Blink Trading, which he sold to GETCO in 2002.[6]

Hanley stepped down from an active role in ICM in November of 2008 and sold his remaining interest in lat 2011.

Through 35 years in the trading business, Hanley established himself as a leader and mentor to scores of traders, providing training, education and resources to help students and young professionals learn the trading business.j

Hanley is also a philanthropist devoted to educating young people. He and his wife run the George and Amanda Hanley Foundation (Hanleyfdn.org), which supports educational, environmental and social empowerment solutions. He serves on the Board of Trustees and Executive and Investment committee of the University of Dayton, his alma mater.

Hanley gave $520,000 to the University of Dayton in May 2008 to create a state-of-the-art trading center to give students real-world experience and an edge in a competitive and rapidly growing field. The center is intended to familiarize students with the software and hardware they will be using as professional traders.[7] He serves on the investment committee for the University of Dayton.[8][9]

Hanley was also one of the people responsible for a gift from Infinium Capital Management to the University of Illinois at Urbana-Champaign's College of Business for a trading room in the Margolis Market Information Laboratory. The gift enables the college to offer a trading room simulation lab that gives students the experience of trading. He has also committed to fund study abroad and domestic trips for students at the College of Business engaged in humanitarian/sustainability efforts, including Professor Madhu Viswanathan’s Subsistence Marketplace Initiative.[10]

Education

Hanley holds a bachelor's degree in business management from the University of Dayton.[11]

Video

References

  1. Family & Company Background. Hanley Group.
  2. UD Story - George Hanley, '77. University of Dayton.
  3. George Hanley, '77. University of Dayton.
  4. George Hanley. YouTube.
  5. Infinium's Full Court Press. CME Magazine.
  6. Transformation: Chicago builds on its reputation for speed. Financial Times.
  7. Chicago Trader Funds New Derivatives Center at University of Dayton. PR Newswire.
  8. Officers and Committees. University of Dayton.
  9. More About George Hanley. University of Dayton.
  10. Alumni News and Notes. College of Business, University of Illinois at Urbana-Champaign.
  11. George Hanley, '77. University of Dayton.