I would like to take the opportunity to introduce myself – my name is Mark Oakley and I am a Futures Broker based at Insignia Futures and Options in the Chicago area.
My background is in exchange membership as a floor trader on many exchange trading floors throughout the United States. In my 30+year career in trading, I have personally been a Member of the American Stock Exchange, the Chicago Stock Exchange and the Pacific Stock Exchange, as well as an Associate Member of the New York Stock Exchange. While I have been a member of all these exchanges, the bulk of my experience has been as a Member of the Chicago Board Options Exchange and the Chicago Board of Trade.
By straddling the worlds of both the equities and futures markets, I feel that I bring a unique “macro” viewpoint to the arena of financial investments. Furthermore, having been involved with the CBOE and the listed options markets since their inception in the 1970’s, I bring a wealth of option trading expertise to my position at Insignia Futures and Options (IFO).
I came to IFO from Citigroup Global Markets. Prior to Citigroup, I was with Bank of America. So why would I go from some of the largest financial institutions in the world to a “boutique” futures broker such as IFO?
There are a couple of reasons, really. Number one is simply this; the last half of 2008 and the first half of 2009. When the equity markets went into a freefall in 2008, I interpreted that as the warm-up for the swan song of the equity markets in general. Though the Dow Jones Industrial Average is once again above the 10,000 level at this writing, my belief is that this level will inevitably give way to more selling pressure and the DJIA will move considerably lower.
As I surveyed the rapidly changing investment landscape, I asked myself the question “where do growth, profit potential and market liquidity still exist?” I had to look no further than the futures markets – gold, crude oil and corn (just to name a few, for the purpose of illustration) being shining examples of investment opportunity.



