Adam Packard: Futures, Simplified by Jayanthi Gopalakrishnan
With experience in virtually every aspect of the commodity futures industry from phone clerk to vice president of operations, Adam Packard can be considered a “go to” person when it comes to learning about trading futures. He received a B.A. in economics from The Ohio State University in 1992 and has continued his futures education by taking several courses at the Chicago Mercantile Exchange over the years. He attained his Series 3 commodity brokerage license in 1992 and became a full-time broker in 1993 working for his father’s company. He was a broker in Chicago for 10 years before moving to Florida and opening his own Introducing Brokerage company in 2002. In 2006 he relocated back to Chicago and joined The Zaner Group. Currently he is VP, Operations for Zaner, running its order desk and risk management department.
STOCKS & COMMODITIES Editor Jayanthi Gopalakrishnan spoke with Adam Packard on September 7, 2016 about how futures can be accessible to the self-directed trader or investor.
Can you start off by telling us how you got interested in the financial markets?
My father was a commodity broker and had a seat on the exchange, but I wasn’t planning on getting into the commodities business even though I earned an economics degree from Ohio State. In my opinion, if you want to get a job in the commodity markets, you can have a degree in anything as long as you’re a good communicator, detail oriented, and a hard worker ...