R.J. O’Brien hires ethanol VP away from SCB Group

July 12, 2016 |

In Illinois, Chicago-based R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, announced that Jordan Stern has joined the firm as Senior Vice President of Ethanol, operating out of Chicago. Stern will be focused on building out the firm’s futures, swaps and physical brokerage capabilities in ethanol and other biofuels beginning August 1.

Stern joined RJO from SCB Group, a leading interdealer broker that specializes principally in biofuels.  He served as co-head of the firm’s ethanol desk, where he was instrumental in helping SCB ascend to a leading position in ethanol futures, ethanol options and physical brokering of ethanol.  He is particularly well-known for the role he has played in helping the industry develop the futures and options market for ethanol.  Prior to his pioneering work with ethanol, Stern spent nine years as a corn options trader on the floor of the Chicago Board of Trade.

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