George Hanley got his first introduction to trading when, as a boy, he came to work with his father at the Chicago Board of Trade. He was captivated by the energy and excitement of the trading floor. By the time he started high school, Hanley knew where he wanted to be.
After graduating from the University of Dayton, Hanley joined the MidAmerica Commodity Exchange trading small contracts. Despite being around it most of his life, the reality of trading was much more difficult than he’d imagined. He quickly lost his initial $1,700 stake and proceeded to go broke two more times in the space of a year.
After that humbling experience, Hanley learned the most important lesson of life: knowing what you don’t know. Still determined to become a success in trading, Hanley persuaded his brother to loan him $1,000 and teach him some new trading techniques. Within 18 months Hanley became one of the largest traders at the MidAmerica Exchange.
Hanley went on to trade at various exchanges around the world and found his niche at the Chicago Board of Trade Soybean Options Pit. He founded Hanley Group in 1986, building a cadre of traders focused on disciplined trading and leveraging emerging technologies. Hanley Group offered a comprehensive clerk training program that helped more than 60 traders get their start in the business.
A number of trading firms grew out of Hanley Group, including Infinium Capital Management. After helping traders from Hanley Group launch and grow Infinium, Hanley left the firm in 2008.
In 2010, George Hanley sold Hanley Group to INTL FC Stone and the company became INTL Hanley LLC, a subsidiary of INTL FC Stone. Hanley served as CEO of INTL Hanley from 2010 until 2013.