Bill Lipschutz
Formal First Name
William (Bill)
Nick Name
The Sultan of Currencies
Link
Dates
1956 - present
Bill Lipschutz is the Principal and Director of Portfolio Management for Hathersage. He is an active participant in the development of both the exchange-traded and over-the-counter foreign exchange options markets. He has held a number of elected and appointed positions in the foreign exchange industry. Lipschutz was inducted into the Trader Monthly Hall of Fame in 2006.
Bill Lipschutz Professional Experience / Academic History
Professional Experience
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Principal Trader, FX and FX Options
Academic History
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BFA, Architectural Design
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MBA, Finance
“Missing an opportunity is as bad as being on the wrong side of a trade.” — Bill Lipschutz
- Lipschutz started trading while attending Cornell University in the late 1970s. During that time, he turned $12,000 into $250,000.
- In 1982, he began working for Salomon Brothers while he pursued his MBA degree. He was an immediate success, earning $300 million per year for the company by 1985.
- He has quote screens and monitors in every room in the house, even the bathroom.
- He is a member of the Board of Governors and the Vice Chairman of the Foreign Exchange Options Committee of the Philadelphia Stock Exchange.
- He is a Director of the Philadelphia Board of Trade.