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Associates and Instructors

Kevin Baldwin began his career in the futures and options industry in 1989 within the largest non-bank FCM's training department. He taught their six-week futures and options course in Chicago for six years. In addition to the six-week Chicago program, he provided shorter term derivatives seminars for client institutions in Buenos Aires, Rio de Janeiro, Tokyo, Seoul, London, Mumbai, and Moscow on behalf of the British government's Know How fund. Baldwin was adjunct faculty at New York University's School of Continuing and Professional Studies where he taught Intermediate Securities Analysis and their Futures & Options courses. Baldwin was also a lecturer for the Illinois Institute of Technology's Master's Program in Financial Markets.

In 1996, Kevin Baldwin joined an innovative Introducing Broker in New York City as managing director and had held various securities and futures registrations including Series 3, 4, 7, 24, 30 and 63. In addition to his professional responsibilities, Baldwin became an adjunct faculty member for New York University's School of Continuing Education where he taught both Intermediate Securities Analysis and Futures and Options courses. In 2000, he returned to Chicago and developed a portfolio of websites aimed at different segments of the futures and options community.

In 2006, Kevin Baldwin became the director of education for the IFM, Since joining the nonprofit foundation, he has broadened the IFM's curriculum and developed new in-house programs for firms, exchanges and their clients. In spring 2010, Baldwin began teaching MBA program course at the University of Illinois at Chicago, College of Business on behalf of the IFM. He is responsible for developing educational content and programs for live and Web-mediums, managing the instructional staff, and also serves as an instructor for open-enrollment and customized courses. In his role at the IFM, he also has taught FIN516 - Futures & Options, as well as FIN 594 -Special Topics in Finance: Futures. Baldwin earned a Bachelor of Science degree from San Jose State University in California, and an MBA from the University of Chicago, Booth School of Business.

Stanley Dash began his career on Wall Street in 1975 with the futures division of a major national brokerage, providing research and brokerage services to individual and institutional futures clients. Later he served in operations, brokerage and compliance management roles. Dash also spent time as an active floor trader at one of the leading domestic futures exchanges. He has held various securities and futures registrations, including commodity trading advisor, as well as exchange and National Futures Association membership. Dash combines over a quarter-century of experience in the financial industry with more than a decade of work as a teacher and public speaker. He was on the IFM team that developed the joint NASD (now FINRA) and NFA security futures training program. In addition to his affiliation with the Institute for Financial Markets, Dash has been a member of the faculty of the New York Institute of Finance since 1987, developing and delivering courses related to the futures industry and futures trading. Dash is employed full-time with TradeStation Securities where he creates and delivers training courses for TradeStation users, and supports the company's business development efforts.

Neil J. McKenzie has been involved in financial markets technology and trading for almost 20 years in the U.K, U.S. and Gibraltar. Since 2006, he has been a trader with Dragon Worldwide Holdings Ltd., in Gibraltar. Prior moving to Gibraltar, he spent five years as an options market maker for Denali Trading in Chicago. McKenzie moved to the U.S. to be the managing director for RTS Realtime Systems, where he was responsible for providing technology for trading and risk management on 35 global exchanges, and coordinated the implementation of the firm's first US-based exchanges.

Prior joining RTS, McKenzie served as the electronic trading manager for ABN AMRO (MeesPierson) where he implemented and managed the firm's move into screen-based trading, and grew the trading arcade from 3 to 100 traders on four exchanges. During his tenure, he also was responsible for managing relations between traders, risk, back office, software vendors and exchanges. His responsibilities also included serving as risk officer where he was responsible for the management of a portfolio of stocks, futures, and options clients, including stock and index market makers, arbitrage firms and locals. McKenzie's industry experience also includes positions with the Bank of England in their Wholesale Markets Supervision Division and Markets, and Systems Division of the Derivatives Market Group.

McKenzie has been an adjunct professor at the Illinois Institute of Technology. He holds a Master of Science degree in Economics from the University of Bristol, and a Masters of Arts degree in Economics from St. Andrews University, Scotland.

John H. O'Connell CFA, brings over 25 years of Wall Street experience and practical experience as a Floor Trader, a Registered Supervisory Analyst, and a Senior Sales Executive to Financial Integration. O'Connell previously served as the Executive Director of Global Financial Product Training Programs at Morgan Stanley. He has designed and implemented financial product training from client and senior trader programs to continuing educational development including; open enrollment, e-learning, CFA prep and Analyst, Associate and Lateral Hire programs. Prior to joining Morgan Stanley, he was Director of Research and International Client Education for Refco, a major derivatives trade house, and was a member and traded on the floor of the New York Mercantile Exchange.

O’Connell is a CFA and holds a Masters Degree from the Stern School of Business at New York University. He has created educational programs for a wide range of commercial and financial enterprises including The World Bank, the United Nations Committee on Trade and Development (UNCTAD and his works had been published in Euromoney and Futures and Options magazines.

Polly J. Richter began her career as a runner on the floor of the Chicago Mercantile Exchange (CME). Subsequently, she became Assistant Vice President running a managed futures execution desk for Paine Webber (now UBS Financial Services Inc.). Richter later became a member of the CME with an Index and Option Market (IOM) seat where she traded Deutsche Marks as a "local" for her own account. She also worked in the equity markets for American Express Financial Advisors and Morgan Stanley. Richter has an MBA in finance from De Paul University in Chicago and also earned her Masters degree in Curriculum and Instruction from the University of Wisconsin, Madison.

John Sanaghan is an ethics and professional conduct training expert whose diverse background provides a range of practical and academic experience in the exploration of ethics, professional conduct and education, not found in programs provided by commercial vendors. Before joining the Institute, Sanaghan worked as a floor trader on the MidAmerica Exchange of the Chicago Board of Trade, and served as the executive director of the Calvert Center at the University of Chicago, where his responsibilities included the conduct of seminars on business and professional ethics. He also spent over 10 years teaching and studying ethics education at Northwestern and Yale and previously served many years as a Catholic Priest.

Sanaghan served full-time as the IFM’s Director of Ethics and Professional Conduct Training from 1991 to 2006, prior to returning to the priesthood and the Integritas Institute for Business and Professional Ethics at the John Paul II Newman Center at the University of Illinois - Chicago. He continues to serve as an IFM Associate on a part-time basis and provides specialized professional conduct, ethics and regulatory training content for IFM clients such as New York Stock Exchange and global financial services firms, as well as authors IFM multi-media and computer-based ethics and AML training programs.

Charlotte M. Scott is a broadly accomplished financial services professional with 20 years of comprehensive experience in Operations and Technology, supporting Global Capital Markets and Investment Banking business lines. Her successful career as a senior-level manager at Credit Suisse, Drexel Burnham Lambert, Paine Webber and Bankers Trust provides the industry expertise and background that has made her a recognized subject matter expert for Operations in financial services firms.

Scott has since built a flourishing management consulting practice that supplies major Wall Street firms with advisory services in the disciplines of business development and analysis, and strategic process re-engineering, with a focus on Middle and Back Office processing. She has directed business projects as a client manager for equities and fixed income cash and derivatives trade support and operations. Her experience in securities services includes process improvement and cost analysis for both prime brokers and custodian banks. She also has overseen software development and implementation projects for her clients, and offers service provider identification, assessment, selection and customization.

With extensive experience as a financial writer, lecturer and instructor, Scott has conducted hundreds of training seminars for banks, brokerage firms, depositories, federal and state agencies, investment management companies, and other organizations. Scott is a graduate of the College of the Holy Cross, and holds a Masters degree from Rutgers University.

Marshall Steeves has more than 14 years of experience in the futures and energy industries as an analyst, market specialist and consultant. He began his career with Refco as Energy Analyst where he focused on physical and future trading in oil, refined products and natural gas. In that capacity Steeves became a leading authority on energy economics, appearing frequently on CNBC and Bloomberg Television, as well as, in print publications. Steeves later joined Platts as an Analytics Market Specialist and helped develop a team that led to the sales and marketing of an online platform providing energy market data and analysis. He also has worked for Ventyx Energy as a Business Development Manager.

Currently, Steeves acts as a Business Consultant to Atlantic Capital Solutions, a provider of Market Intelligence services. He holds a Bachelor of Science degree in Economics from New York University and a Master of Science degree in Economics from the London School of Economics.

Mayra Rodriguez Valladares began her career with the Federal Reserve Bank of New York as a foreign exchange analyst. Subsequently, she was a junior investment banker and later an emerging markets fixed income and equity strategist with JP Morgan in New York and London. In 1997, she joined BTAlex.Brown as a Senior Russian Equity Analyst, where she analyzed Russian oil and electricity companies, along with macro political and economic events in that country. She now provides financial consulting through her own firm.

Rodriguez Valladares has worked with private sector and foreign central banks in the US, UK, Eastern Europe, Central and Southeast Asia, Latin America and Africa, creating and delivering courses on Basel III, risk management, risk based supervision, capital markets, derivatives, microfinance, anti-corruption, and good governance. Rodriguez Valladares has published numerous articles and a book for publications such as American Banker, CME Group, GARP, World Oil, Financial Times Energy, Petroleum Argus, Oxford Economics Forecasting Group, Privatization International, Russian Petroleum Investor, Hispanic Business and Knowledge@Wharton. In addition, she has been an Adjunct Professor at New York University where she has taught courses on globalization and energy. She was also an Adjunct Professor at the Fashion Institute of Technology where she taught global marketing, corporate finance and Latin American politics. She has been widely quoted in the press on financial, energy, and Russian topics.

Rodriguez Valladares earned her Bachelor's degree from Harvard College in Russian and Soviet Studies. She earned her MBA in Emerging Markets Business at The Wharton School, and her MA in International Studies from The Lauder Institute of The University of Pennsylvania.

Dr. Mehmet Yanilmaz is is a partner of Myra Trading, an algorithmic trading firm based in Chicago. He also is an associate instructor at the Institute for Financial Markets. Yanilmaz serves as an advisor to the CEO of Istanbul Stock Exchange; and to Dion Global Solutions (based in Melbourne, Australia) for both trading products and technologies in electronic and OTC markets.

Yanilmaz has advised manufacturing and trading firms, exchanges, chambers and government agencies worldwide in financial markets, manufacturing processes, supply chain deployment and technology strategies since 1990. His solutions have been deployed in USA, Japan, China, Singapore, Mexico, Brazil, Puerto Rico, Germany, United Kingdom. In addition, he has been an advisor to the Chairman of the Board of Istanbul Chamber of Industry on industrial competitiveness.

Yanilmaz served as faculty member of engineering and later as business (Kellogg School of Management) at Northwestern University in Chicago, computer science at The University of Chicago and financial engineering at Bogazici University in Istanbul.

Yanilmaz holds a Ph.D. from Syracuse University and B.S from Bogazici University, both in electrical engineering. He speaks French, English and Turkish.


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