Wednesday, February 14, 2024

Marc Chaikin

 Marc Chaikin is a stock analyst and Founder and CEO of Chaikin Analytics, LLC.[1] He is also the founder of Bomar Securities LP, which was sold to Instinet Corp. in 1992.[2] He then went on to become Senior Vice President and Director at Instinet when owned by Reuters.com.[3]

Career[edit]

Marc Chaikin began as a stock broker in 1965.[4] He became head of the options department at Tucker Anthony & R. L. Day during the 1970s. Following his employment there, Chaikin bought a seat on the NYFE, where he traded futures contracts.[5] In 1980 Chaikin began developing proprietary stock market indicators, and in 1982 joined the firm Drexel Burnham Lambert. That year he began hosting a regular segment on the Financial News Network—the original incarnation of CNBC.[1] He used personal computers to refine and execute his trading strategies based upon original economic indicators and computer algorithms.[6] Later he founded the firm Bomar Securities LP, which was sold to Instinet in 1992.[2] Following the sale he became a senior vice-president at the Instinet brokerage house.[7]

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