top of page

Important Disclaimers
This article (the “Article”) is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to purchase any investment or any securities. This Article does not constitute investment advice and is not intended to be relied upon as the basis for an investment decision, and is not, and should not be assumed to be, complete. Readers should make their own investigations and evaluations of the information contained herein. The information contained herein does not take into account the particular investment objectives or financial circumstances of any specific person or entity who may receive it. Each reader should consult its own attorney, business adviser and tax adviser as to legal, business, tax and related matters concerning the information contained herein.  Except where otherwise indicated herein, the information provided herein is based on matters as they exist as of the date of preparation and not as of any future date and will not be updated or otherwise revised to reflect information that subsequently becomes available, or circumstances existing or changes occurring after the date of preparation. Certain information contained in this Article constitutes “forward-looking statements,” which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,”  “target,” “project,” “estimate,” “intend,” “continue” or “believe,” or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events or results may differ materially from those reflected or contemplated in such forward-looking statements. Readers should not rely on these forward-looking statements.  Certain information reflects subjective determinations which may prove to be incorrect. There can be no assurance that the estimates or projections will be accurate or that historical trends will continue. In considering the prior performance information contained herein, readers should bear in mind past performance is not necessarily indicative of future results. All rights reserved. The material may not be reproduced or distributed, in whole or in part, without the prior written permission of PrimeAlpha LLC.

Adapting to the Changing World of Trading with Edward Ryan of StoneX

Edward Ryan is the Director of Institutional Sales of StoneX, an institutional-grade financial services network that connects companies, organizations, traders, and investors to the global markets ecosystem through a unique blend of digital platforms and end-to-end clearing and execution services, high-touch service, and deep expertise. StoneX provides institutional clients with a complete suite of equity trading services to help them find liquidity with the best execution and end-to-end clearing.

“I was just a normal kid from Chicago who grew up exposed to the markets through field trips and friends on the exchange floor. I started in the trading business as a runner, then worked my way through managing a few operations desks for FCMS, and went into the 30-year bond pit where I traded for ten years. It was by far the biggest floor trading pit in the world.

All communication was person to person and located in one central location. So the volume is concentrated during those hours. It was happening on the floors of the exchanges where options traders wanted to get their delta and information live. First, they did it with sheets of paper, then translated over to pads or terminals that they would carry around and use to do their analysis. In the pit, you could tell who the players were. So some brokers and locals were considered the speculators. The brokers were the ones who filled the paper, and the local's job was to move that paper around the pit. So we understood whom the brokers were filling for, and we knew what paper was real and what wasn't. Having that knowledge and information allowed us to do our jobs efficiently. We were all standing there together, everybody watched each other, and everybody knew what was going on. It was fully transparent. I'm so grateful to have had that experience that’s pretty much gone now.

I came to StoneX about two years ago as director of sales. We help our clients by giving them access to the markets. All can be done with us, whether exchange-based FX trading, over-the-counter trading, or EFT markets. And now that technology has changed the world of trading, we are constantly trying to get on the cutting edge of it.

My superpower is listening. It's critical to hear and understand someone's saying and not lose it. If you attend and pay attention to the client’s needs, you'll figure out ways to help them.”

StoneX Logo

Edward Ryan, Director of Institutional Sales

StoneX provides institutional-grade global market access, end-to-end clearing and execution, high-touch service, and deep expertise through one trusted partner. StoneX is focused on providing value-added financial solutions to approximately 50,000 commercial, institutional and payments clients, and 370,000 retail accounts across the globe. We use our capital, expertise, and knowledge to protect our customers’ bottom line margins, reduce costs and provide efficient, market-based solutions in complex markets worldwide.

Welcome to PrimeAlpha's interview series, where we will share insights from industry practitioners discussing their journey and their discoveries.

Check us out on these platforms

Spotify Podcast Logo
iHeart Radio Podcast Link
Amazon Podcast Link
YouTube Podcast Link
Apple Podcast Link


Access PrimeAlpha Alternatives Education, Research, and Database of Managers and Investors
bottom of page