Media Contact:Asia Hauter
Send an E-mail
Date: Nov 18, 2008
Martin B. Greenberg’s Trading Jacket to be Retired in Zarb School of Business Ceremony
Jacket will be displayed in Trading Room named in his honorHofstra University, Hempstead, NY – Martin B. Greenberg '60 will retire his trading room jacket in a ceremony at the Frank G. Zarb School of Business on Wednesday, November 19, 2008 from 6:30 to 8 p.m. in the Martin B. Greenberg Trading Room, C.V. Starr Hall, California Avenue, South Campus.
Hosted by the Zarb School of Business, Hofstra Quants and Traders and the Global Association of Risk Professionals at Hofstra University, the ceremony will honor Mr. Greenberg by permanently displaying the jacket that he wore for many years as a commodities trader.
Mr. Greenberg is founder and chairman of the board of Sterling Commodities Corporation. He began his career in 1976 trading silver on the floor of The Commodities Exchange (Comex), as the ring chairman, overseeing all ethical and moral issues, enforcing regulations and managing disputes. The ring, or trading pit, is an octagonal shaped area on the floor of the futures exchange used to trade contracts.
"The Zarb School offers a rare opportunity for our students. Few business schools have this type of facility available for students to evolve their analytical and technical skills. The Zarb School extends its sincere appreciation to Martin Greenberg for his support our students," said Zarb School of Business Dean Salvatore F. Sodano.
Mr. Greenberg served as a board member of the Commodities Exchange Inc. from 1987 to 1990 and he left the ring in 1990 upon his election to the chairmanship of Comex, serving from 1990-1992. In 1998, Mr. Greenberg, an active philanthropist, established the Martin B. Greenberg Foundation Inc. to focus on charitable projects. He joined Hofstra’s Board of Trustees in the fall of 2006.
The Trading Room opened in C.V. Starr Hall in January 2005 as part of the Frank G. Zarb School of Business and was dedicated in honor of Mr. Greenberg on May 7, 2007. The room features 34 dual-panel Bloomberg terminals that provide access to Bloomberg Professional data and information services; two high-definition televisions providing coverage of various financial
television networks and market announcements; a wall board and a ticker that displays data from
various equity, fixed income, foreign exchange and derivatives markets.
The Martin B. Greenberg Trading Room gives Hofstra faculty and students the ability to access and analyze a vast array of financial and economic data, apply analytical methods, conduct interactive trading simulations, and develop contemporary financial models. The structure and
schedule of the facility is tied to courses and research projects in several disciplines, especially finance, business computer information systems and quantitative methods, as well as accounting, marketing and management.
This event is free and open to the public. For additional information please contact Dr. Ahmet Karagozoglu at 516-463-5701.
The Frank G. Zarb School of Business at Hofstra University believes that the best business education provides students with a sound knowledge of their field combined with a broad, well-rounded program of study guided by an experienced faculty committed to excellence.
Hofstra University is a dynamic private institution where students can choose from more than 140 undergraduate and 155 graduate programs in liberal arts and sciences, business, communication, education and allied human services, and honors studies, as well as a School of Law. With a student-faculty ratio of 14-to-1, our professors teach small classes averaging 22 students that emphasize interaction, critical thinking and analysis. Hofstra offers a faculty whose highest priority is teaching excellence. The University also provides excellent facilities with state-of-the-art technology, extensive library resources and internship programs that match students’ interests and abilities with appropriate companies and organizations. The Hofstra community is driven, dynamic and energetic, helping students find and focus their strengths to prepare them for a successful future.