Richard L. Sandor
Inventor
The Interest Rate Futures Contract, Carbon Trading, and Ameribor Alternative to LIBOR
Chairman of the Board & CEO Environmental Financial Products (EFP)
Chairman Emeritus American Financial Exchange (AFX)
Aaron Director Lecturer in Law & Economics University at the Chicago Law School
Richard L. Sandor (Ph.D., Dr. sc. h. c.) is CEO of Environmental Financial Products (EFP), which was the incubator to the Chicago Climate Exchange (CCX) and the American Financial Exchange (AFX).
Among Dr. Sandor’s academic roles, he is currently the Aaron Director Lecturer in Law and Economics at the University of Chicago Law School and an honorary Professor at the School of Economics at Fudan University and the University of Hong Kong. He formerly taught at graduate and undergraduate levels at several universities throughout the United States and lectures widely throughout Europe and Asia.
Known world-wide as the “Father of Financial Futures,” in 2002 he was named by TIME Magazine a “Hero of the Planet.” In 2007 as one of the magazine’s “Heroes of the Environment” for his work as the “Father of Carbon Trading.” And in October 2013, Dr. Sandor was awarded the title of Chevalier de la Legion d’Honneur (Knight of the Legion of Honor) in France, for his accomplishments in the field of environmental finance and carbon trading.
He served on the board of directors of leading commodities and futures exchanges such as the Chicago Mercantile Exchange, Intercontinental Exchange, Chicago Board of Trade, London International Financial Futures and Options Exchange and Tianjin Climate Exchange, as well as several philanthropic and non-for-profit organizations.
He authored and co-authored numerous academic and popular press publications and books on finance and environmental subjects. His most recent books include “As I Saw It,” a compilation of 5 years of monthly articles from Environmental Finance, and “Electronic Trading and Blockchain: Yesterday, Today and Tomorrow,” published by World Scientific in February 2017 and April 2018, respectively.
He earned a Bachelor of Arts degree from the City University of New York, Brooklyn College, and a Ph.D. in Economics from the University of Minnesota. In addition, he holds an honorary degree of Doctor of Science, honoris causa, from the Swiss Federal Institute of Technology (ETH).
