Linda Bradford Raschke
Encyclopedia
Linda Bradford Raschke is a commodities and futures
trader who is President of LBRGroup, Inc., a registered CTA
and money management firm and president of LBR Asset Management, a Commodity Pool Operator.
in equity options
. Although Raschke is probably known mostly as a short-term S&P 500 futures trader, she is active in several time frames, markets and trading styles.
Raschke has been a full-time professional trader for over 30 years. She began her trading career on the Pacific Coast Stock Exchange and later moved to the Philadelphia Stock Exchange
. Jack Schwager's book, The New Market Wizards
, as well as the CNBC
Financial reporter Sue Herera
's Women of the Street, both describe Raschke's preeminence in her field. In 1995, she co-authored the best selling book Street Smarts—High Probability Short Term Trading Strategies. Linda continues to trade every day. Her Hedge Fund performance continues to be ranked in the top 2% by Barclayhedge.
Futures contract
In finance, a futures contract is a standardized contract between two parties to exchange a specified asset of standardized quantity and quality for a price agreed today with delivery occurring at a specified future date, the delivery date. The contracts are traded on a futures exchange...
trader who is President of LBRGroup, Inc., a registered CTA
Commodity trading advisor
A commodity trading advisor is an asset manager who follows a set of systematic investment strategies in futures contracts and options on futures contracts. The advisors originally operated predominantly in commodities markets, but today they invest in any liquid futures market. They are...
and money management firm and president of LBR Asset Management, a Commodity Pool Operator.
Career
She began her professional trading career in 1981 as a market makerMarket maker
A market maker is a company, or an individual, that quotes both a buy and a sell price in a financial instrument or commodity held in inventory, hoping to make a profit on the bid-offer spread, or turn. From a market microstructure theory standpoint, market makers are net sellers of an option to be...
in equity options
Option (finance)
In finance, an option is a derivative financial instrument that specifies a contract between two parties for a future transaction on an asset at a reference price. The buyer of the option gains the right, but not the obligation, to engage in that transaction, while the seller incurs the...
. Although Raschke is probably known mostly as a short-term S&P 500 futures trader, she is active in several time frames, markets and trading styles.
Raschke has been a full-time professional trader for over 30 years. She began her trading career on the Pacific Coast Stock Exchange and later moved to the Philadelphia Stock Exchange
Philadelphia Stock Exchange
Philadelphia Stock Exchange , now known as NASDAQ OMX PHLX, is the oldest stock exchange in the United States, founded in 1790. It is now owned by NASDAQ OMX and located at 1900 Market Street, in Center City Philadelphia.-History:...
. Jack Schwager's book, The New Market Wizards
The New Market Wizards
The New Market Wizards is a book by Jack D. Schwager published in 1992. The format is very similar to his 1988 Market Wizards, with a new selection of interviews with super-traders....
, as well as the CNBC
CNBC
CNBC is a satellite and cable television business news channel in the U.S., owned and operated by NBCUniversal. The network and its international spinoffs cover business headlines and provide live coverage of financial markets. The combined reach of CNBC and its siblings is 390 million viewers...
Financial reporter Sue Herera
Sue Herera
Sue Herera is a television reporter for the CNBC financial television network. Herera earned a bachelor’s degree in journalism from California State University, Northridge in 1980 along with her co-anchor Bill Griffeth...
's Women of the Street, both describe Raschke's preeminence in her field. In 1995, she co-authored the best selling book Street Smarts—High Probability Short Term Trading Strategies. Linda continues to trade every day. Her Hedge Fund performance continues to be ranked in the top 2% by Barclayhedge.