John F. Sandner
Encyclopedia
John F. Sandner, commonly known as Jack Sandner, (born November 3, 1941), is an executive of ETrade Group and is a former longtime chairman of the Chicago Mercantile Exchange
Chicago Mercantile Exchange
The Chicago Mercantile Exchange is an American financial and commodity derivative exchange based in Chicago. The CME was founded in 1898 as the Chicago Butter and Egg Board. Originally, the exchange was a non-profit organization...

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Sandner became chairman of the CME in 1986 and served for thirteen years. He was the longest serving exchange chairman in the history of the futures industry. During his time as CME chairman, the exchange developed a number of major financial instruments, including stock index futures and Eurodollar futures.

Sandner was born in Chicago and graduated from Southern Illinois University and received a law degree from the University of Notre Dame. He headed his own futures trading firm, RB&H Financial Services, L.P., from 1985 to November 2003.

Sandner left the CME at the end of 1997. In 2003 be became head of the retail futures group at E-Trade Group, Inc. He is also a director of Click Commerce.

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