Pete Powers was a floor trader at the Chicago Board of Trade in 1997 when he was one of the first exchange members to begin electronic trading during Project A, the CBOT’s first foray into off-floor, off-hours electronic trading.
In 2003, Pete founded Elite Trading Company, a proprietary trading firm where he mentored and trained several traders in the same spread techniques that he learned on the floor and that were now available electronically. Several have gone on to successful trading careers of their own.