Few people deserve as much credit as Dennis Suskind for the dramatic growth and worldwide expansion of the precious metals derivatives business. He joined J. Aron in 1962 and was named partner in charge of metals trading when the firm was acquired by Goldman Sachs in 1981. During his three decade-long career at J. Aron and Goldman Sachs, he made an enormous commitment of human capital to the long-term development of a vibrant global market in precious metals futures and options. He sent his team literally around the world to educate producers and consumers on the reasons for using futures as their pricing medium in order to help grow open interest and bring credibility to these markets. Under his leadership, J. Aron worked closely with the CFTC on developing hedge exemptions and went on to build the largest precious metal arbitrage business in the world. He served on the FIA’s board of directors from 1988 to 1991 and in 1991 he received a distinguished achievement award from the International Precious metals Institute. Currently eh is a councilman for the town if Southampton on Long Island and he is actively involved in several social welfare organizations.
