Days of Futures Past Episode 4 | Michel Marks, Former Chairman, NYMEX

We continue our Days of Futures Past series with Michel Marks, the former chairman of the New York Mercantile Exchange (NYMEX). SmarterMarkets™ host David Greely sits down with Michel to discuss the creation of the modern energy futures markets.

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What are SmarterMarkets? They leverage technology to create markets that are more liquid, transparent, and secure, with lower transactions costs and fewer barriers to entry. Markets that empower individuals to improve their own lives and help us address the biggest challenges that we face as a society — including climate change and the energy transition. How do we build SmarterMarkets? We’re starting with our weekly podcast exploring how both markets and technology can be redesigned to better serve market participants and society as a whole. The podcast, presented by Abaxx Technologies, brings together the entrepreneurs, icons, and executives of commodities, capital markets and technology to rant on the inadequacies of our systems and riff on ideas for how to improve them.