Thanks! February 09, 2017. Essay, Literature, 6 pages, 48 hours, High School.
On a sales visit to a bank, he’d throw them a stress ball and see whether they caught it with their left or right hand.
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Much has changed for both Rutter and the Treasury markets since then. After departing BrokerTec parent Icap in 2012 following a high-profile disagreement with chief executive Michael Spencer – they’re good friends again now, he says – Rutter had plenty of time to plot his next move. He began exploring the potential applications of the fast emerging technology blockchain, which at that time was largely synonymous in the public mind with bitcoin. Assembling a small team of advisers, Rutter set about raising a fund with the aim of investing in the distributed ledger technologies that power cryptographic currency platforms. “It was a gamble,” he says. “When I left Icap, I was 50 years old; if I went to the effort of raising a $100 million fund and spent seven years finding out I wasn’t very good at investing it, that would’ve been a waste.” It turned out not be.
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