FIA today recognized and remembered the life of Futures Hall of Fame member John J. Conheeney who passed away this week. John was a 40-year veteran of the futures industry, serving as a longtime chair and member of the FIA board. John was an early and vocal advocate for electronic trading at a time when open outcry was the dominant method of trading. John worked at Merrill Lynch Futures for most of his career and retired as its chief executive in 1994. He also served on the board of the Chicago Board of Trade and the New York Mercantile Exchange. He was a founding board member of the National Futures Association and Chair. He was inducted into the Futures Hall of Fame in 2005.
FIA President and CEO Walt Lukken said, “Today on behalf of FIA’s Board of Directors, members and staff we celebrate the life of John Conheeney and his many contributions to this industry. It is important that we recognize the people who laid the foundations of the modern futures industry.”
Former FIA President John Damgard added, “John was a giant in the futures industry, and I personally thank him for his contributions to the foundations of this industry. When we created the Futures Hall of Fame, I said at the time: ‘It is important that the people who lead this industry today understand the contributions made by those who came before them. We are benefiting from the ground they broke, and the programs and policies they put in place.’ Today we say goodbye to a good friend, and I wish his wife Mary and his entire family our deepest condolences.”