CHICAGO--(BUSINESS WIRE)--The Small Exchange, a futures exchange offering smaller, simpler products aimed toward retail customers, will join fellow winners of the Chicago Innovation Awards, the Chicago region’s foremost annual celebration of innovation, in New York City on Wednesday, August 18th to ring the Closing Bell of the Nasdaq Stock Market. The event will emphasize the surge of innovation that is occurring in the Chicago region, and shine a spotlight on the organizations that make up its vibrant economy.
“Chicago Innovation Award winners cut across all industries and represent the best in new product and service development from large companies, startups and non-profits,” said Tom Kuczmarski, co-founder of the Chicago Innovation Awards. “Their winning innovations are solving a range of unmet needs in the marketplace, and we’re proud to celebrate their successes on a global stage by ringing the Nasdaq Bell.”
"We are honored to be recognized as an innovative company for furthering market access and creating futures products for smaller investors,” said Don Roberts, Small Exchange President and CEO. “We remain focused on our mission to open up markets. Sometimes innovations aren’t about creating something new and complex, but rather taking a complex concept and making it simple and easy for the everyday person to use. This recognition would not have been possible without the support of our traders and partners.”
The Small Exchange has 21 partners including some of the world’s largest trading firms, brokerages and market markets including Kore and Budo Trading, Citadel Securities and Jump Trading. It has launched nine products covering everything from equities and bonds to commodities, cannabis, and currencies and traded almost $4 billion in notional value with their small contract size. To learn more about the Small Exchange’s offering, visit www.smallexchange.com.
To learn more about the Chicago Innovation Award winners, read their stories and watch their videos.
About Small Exchange: Based in Chicago, the Small Exchange - backed by award-winning industry innovators and powered by a proprietary trade matching engine - is a registered Designated Contract Market (DCM) with the Commodity Futures Trading Commission (CFTC). The Small Exchange’s mission is to become the world’s largest customer-centric futures exchange, bringing products that bridge the product gap for investors of all sizes by providing futures products that are smaller, more capital efficient, simple to use, and easy to understand for all participants. The company facilitates the trading of exchange-created proprietary products for all types of market participants including, but not limited to market-makers/liquidity providers, Introducing Brokers (IBs), Futures Commission Merchants (FCMs), proprietary trading firms and hedge funds, all with a primary focus on the public retail customer. Please visit www.smallexchange.com for more information.
About Chicago Innovation
Chicago Innovation was established in 2002 as the Chicago Innovation Awards, an annual ceremony to celebrate the most innovative products and services in the Chicago region. The organization has evolved into a year-round series of events and activities designed to educate, connect and celebrate innovators in the Chicago region. The organization’s expansion includes the Chicago Student Invention Convention to empower Chicago’s youth to be innovators, the Chicago Innovation Women Mentoring Co-op to support female innovators, and Ageless Innovators to support older adult innovators and bridge generations in the workplace. For more info, visit www.chicagoinnovation.com. To follow Chicago Innovation on social media, find it on Twitter (@Chi_Innovation) or Facebook (Chicago Innovation).