Basil Bourque
Encyclopedia
Basil Bourque is the co-founder and managing director of Roundstone Advisors, LLC.
In 1986, Bourque established one of the first market making and arbitrage operations in the futures contract for the Commodity Research Bureau
(CRB) Index, and later became a member of the committee that instituted changes to the CRB Index in 1992 and 1995. He also assisted the Chicago Mercantile Exchange
(CME) in the launch of the Goldman Sachs Commodities Index (GSCI) futures where he consulted on construction of the GSCI. His firm was appointed as a CME registered market maker
and provided the early liquidity to the GSCI futures contract.
Bourque also established a proprietary currency derivatives trading business in 1994 with operations in Chicago, New York and Dublin, Ireland. Bourque has been an active member of the New York Board of Trade
since 1988, holding positions on many of the Exchange’s committees.
Bourque is a 1982 graduate of Harvard University
with a BA in Economics
.
In 1986, Bourque established one of the first market making and arbitrage operations in the futures contract for the Commodity Research Bureau
Commodity Research Bureau
The Commodity Research Bureau Founded in 1934 and currently a division of Barchart.com, Inc., CRB is the oldest and most well-known commodities and futures research and analysis firm.-History:...
(CRB) Index, and later became a member of the committee that instituted changes to the CRB Index in 1992 and 1995. He also assisted the Chicago Mercantile Exchange
Chicago Mercantile Exchange
The Chicago Mercantile Exchange is an American financial and commodity derivative exchange based in Chicago. The CME was founded in 1898 as the Chicago Butter and Egg Board. Originally, the exchange was a non-profit organization...
(CME) in the launch of the Goldman Sachs Commodities Index (GSCI) futures where he consulted on construction of the GSCI. His firm was appointed as a CME registered market maker
Market maker
A market maker is a company, or an individual, that quotes both a buy and a sell price in a financial instrument or commodity held in inventory, hoping to make a profit on the bid-offer spread, or turn. From a market microstructure theory standpoint, market makers are net sellers of an option to be...
and provided the early liquidity to the GSCI futures contract.
Bourque also established a proprietary currency derivatives trading business in 1994 with operations in Chicago, New York and Dublin, Ireland. Bourque has been an active member of the New York Board of Trade
New York Board of Trade
The New York Board of Trade , renamed ICE Futures US in September of 2007, is a wholly owned subsidiary of IntercontinentalExchange . It is a physical commodity futures exchange located in New York City. It originated in 1870 as the New York Cotton Exchange...
since 1988, holding positions on many of the Exchange’s committees.
Bourque is a 1982 graduate of Harvard University
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...
with a BA in Economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
.