In August 2002, Dr. Sandor was chosen by Time magazine as one of its “Heroes for the Planet” for his work as the founder of the Chicago Climate Exchange. Dr. Sandor has been described by Barron’s as the ‘progenitor of banking.’ He was honored by the City of Chicago and the Chicago Board of Trade for his contribution to the creation of financial futures and his universal recognition as the ‘father of financial futures.’ Dr. Sandor has been the recipient of numerous awards, most recently the Milken Institute’s 2003 Award for Financial Innovation.

He is a director on several boards including NASDAQ LIFFE Markets and the Intercontinental Exchange, an electronic marketplace for commodity and derivative products. He is a member of the design committee of the Dow Jones Sustainability Index. Sandor is also a research professor at the Kellogg Graduate School of Management at Northwestern University. Among his previous positions, he served as second vice chairman, Strategy for the Chicago Board of Trade, was a senior financial markets executive with Kidder Peabody, Banque Indosuez and Drexel Burnham Lambert and was also vice president and chief economist at the Chicago Board of Trade.

See also: 09:35 am Crossfire – 'What can be expected of the future?'