Mr Immediate

First Published in Automated Trader Magazine Issue 09 Q2 2008

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.

Mr ImmediateSteve, 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

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