The Chicago Board Options Exchange, Chicago Mercantile Exchange and Chicago Board of Trade have appointed Computer Trading Corporation (CTC) founder Peter Borish as senior managing director of business development of their joint venture to trade single-stock futures contracts.
Borish founded CTC in 1995 to manage assets in the futures markets. Before this, he was director of research at Tudor Investment Corporation. He also worked at the Federal Reserve Bank of New York.
In his new position, he will take charge of OneChicago, the newly-named single-stock futures venture of the three neighbouring exchanges.