Steve Radez, CEO of Essex Radez, has a strong claim to be the world’s first automated trader. Together with Essex Radez’s CTO, John Muelhausen, he explains how technology and automation have been constant themes in a three-decade trading career.
Steve, how did it all start?
Radez: After leaving college I worked for IBM for two years before moving on to Merrill Lynch as a retail account executive in 1970. I was not a good one - good AEs find out what the customer needs and sells it to them. I on the other hand wanted to deploy certain trading strategies I