jump-trading
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The Chicago Firm That Made a Business Out of Betting on the Boring Pipes of Finance
Spun out of one of the world's most secretive trading firms, Jump Capital has spent a decade quietly funding the infrastructure that markets, money, and software run on - and it prefers the unglamorous parts.
Sam Tegel
Sam Tegel is the CEO of ElectronX, the Chicago-based exchange that in 2026 launched the first U.S.-regulated, direct-access power derivatives market. After more than two decades building market-making and liquidity businesses at firms like Jump Trading, Millennium, Sun Trading and Caherciveen Partners, Tegel now sells 1-megawatt-hour electricity futures and binary options to anyone exposed to the wild swings of the modern grid - from battery operators to bitcoin miners. ElectronX has raised more than $55 million and holds both Designated Contract Market and Designated Clearing Organization status from the CFTC.