Charlie Carey comes from a long line of Chicago Board of Trade veterans, and grew up in the business. Following his father's unexpected death, Charlie took over his seat on the exchange in 1978. In 2003 he became Chairman of the CBOT. Charlie explains the mechanics of the commodities exchange, and discusses how the business has evolved from purely agricultural commodities to today's market of options, futures, and the emergence of financials and derivatives. The interview includes a view of the trading floor with Charlie explaining the action.
Interview Links
Feature Excerpt
How the Market Works
Abstract
Interview Session 01 (Audio)
Carey’s early life and career with Chicago Board of Trade
Interview Session 02 (Audio)
Mechanics of commodity trading
Interview Session 03 (Audio)
Viewing the agriculture pit at the CBOT
Transcript
Videos
Photos
Caption
Charlie Carey holds a portrait of former CBOT president Warren Lebeck.
Where:
Unknown
When:
Unknown
Ownership:
May be restricted. Patrons desiring to use this photograph should contact the ALPL Audio-Visual Curator.
Caption
Charlie Carey (seated, at center) with other Board of Trade members.
Where:
Unknown
When:
Unknown
Ownership:
May be restricted. Patrons desiring to use this photograph should contact the ALPL Audio-Visual Curator.
Caption
Carey meets with three powerful Republican Congressmen in the 1990s. From left to right are former Speaker of the House Newt Gingrich, former Minority Leader Bob Michael and Speaker of the House Bob Hastert.
Where:
Unknown
When:
1990s
Ownership:
May be restricted. Patrons desiring to use this photograph should contact the ALPL Audio-Visual Curator.
Caption
Craig Donohue, CME Group Chief Executive Officer, President Bill Clinton and Charlie Carey during the President’s visit to the Chicago Board of Trade during his presidency.
Where:
Chicago Board of Trade
When:
Unknown
Ownership:
May be restricted. Patrons desiring to use this photograph should contact the ALPL Audio-Visual Curator.
Caption
Carey met with Mayor Richard M. Daley when the mayor came to the Board of Trade for a visit.
Where:
Chicago Board of Trade
When:
Unknown
Ownership:
May be restricted. Patrons desiring to use this photograph should contact the ALPL Audio-Visual Curator.
Caption
Carey meets with President George W. Bush and Laura Bush in January of 2006.
Where:
Chicago, Illinois
When:
January of 2006
Ownership:
May be restricted. Patrons desiring to use this photograph should contact the ALPL Audio-Visual Curator.
Caption
Carey helps President Bush work the crowd on the floor of the Board of Trade in January of 2006.
Where:
Chicago Board of Trade
When:
January of 2006
Ownership:
May be restricted. Patrons desiring to use this photograph should contact the ALPL Audio-Visual Curator.)
Caption
Carey hosted a visit by Drew Barrymore to the Chicago Board of Trade grain pits in March, 2008.
Where:
Chicago Board of Trade
When:
March, 2008
Ownership:
May be restricted. Patrons desiring to use this photograph should contact the ALPL Audio-Visual Curator.
Caption
Charlie Carey stands on trading floor at the Chicago Board of Trade. The photo by Chicago Sun-Times photographer Tim Frost appeared in an article by business reporter David Roeder in an issue of the paper.
Where:
Chicago Board of Trade
When:
Unknown
Ownership:
May be restricted. Patrons desiring to use this photograph should contact the ALPL Audio-Visual Curator.
Caption
A schematic of the grain room and the Chicago Board of Trade, circa 2008-2010.
Where:
Chicago
When:
Circa 2008-2010
Ownership:
May be restricted. Patrons desiring to use this photograph should contact the ALPL Audio-Visual Curator.)