Revolutionizing the Market Landscape with Pete Mulmat
Empowering Traders with The Small Exchange
In this remarkable milestone 100th episode, we delve into a transformative narrative. Have you ever pondered delving into the realm of futures trading but felt constrained by the expanse of contracts that loomed large? Our guest today on the podcast, Pete Mulmat, sheds light on his groundbreaking venture, The Compact Market, a platform that is reshaping the market dynamics for individual traders.
Democratizing Access to Futures Trading
As we celebrate the centenary episode, we revisit the core essence of what our platform excels at – futures trading. Traditionally, the futures market has been a distant horizon for small-scale traders. Pete Mulmat, our esteemed guest, shares insights on how The Compact Market is striving to equalize the playing field in the futures domain.
Unlocking Opportunities for Retail Traders
Through a streamlined trading approach and a concise product range, The Compact Market is granting retail traders the ability to engage in futures trading that was hitherto exclusive to corporate giants capable of bearing substantial risks. Pete elaborates on the allure of the futures market and imparts invaluable advice on capitalizing on futures trading opportunities.
Insights and Anecdotes from the Trading Realm
Pete and Jeff culminate the discussion by regaling listeners with amusing anecdotes from the trading floor, including a memorable incident where Olympic silver medalist Bob Berland intervened in a skirmish between Pete and another trader.
Meet Pete Mulmat and Jeff Carter
Pete Mulmat serves as the Executive Vice President of The Compact Market, an up-and-coming exchange that democratizes the futures market and extends its accessibility to small-scale traders. With a trading journey that commenced in the 1980s, Pete has been a pioneering figure in modernizing trade practices for the digital era.
Hosting this episode of Limit Up! is Jeff Carter, a pivotal figure at West Loop Ventures. Jeff’s illustrious career includes co-founding Hyde Park Angels in April 2007 and catalyzing the growth of one of the most dynamic angel groups in the U.S. He has been instrumental in advising the establishment of several other angel groups. Formerly an independent trader and a member of the CME Board of Directors, Jeff was part of the transformative journey that propelled CME from an open outcry exchange to the largest electronic exchange globally. The enterprise value of CME surged from $182,134,000 in 1998 to a staggering $55 billion today.
Stay Updated with Limit Up!
To stay abreast of the latest episodes, be sure to subscribe to Limit Up! on Apple Podcasts, Google Podcasts, Spotify, or your preferred podcast platform. If you found this episode engaging, we invite you to leave a review on Apple Podcasts as it significantly aids in amplifying the show’s visibility.