CEO's Letter

We at R.J. O'Brien & Associates were incredibly proud and humbled to celebrate our firm's Centennial in 2014. We are not only the first futures brokerage and clearing firm to achieve this milestone, but also the last surviving founding member of CME Group. RJO is thoroughly dedicated to this industry, and throughout our history we have worked tirelessly to meet our clients’ needs.

To do this, we have always prided ourselves on being good listeners. From our earliest days, we have traveled around the country and more recently across the globe to learn how we can do our jobs better to help our clients succeed. As a result, we believe we have among the strongest bonds possible with our clients. These bonds are based on trust and mutual respect, and they are at the very core of how we conduct business every day.

From a handful of employees in our earliest days - led by our founder John V. McCarthy and later his son-in-law, Robert J. O’Brien, Sr. - to 500 employees, state-of-the-art technology and offices across the globe today, our overriding philosophy has remained the same: Build trust, work hard, offer the best possible services and enjoy what you do. These principles instilled by the O’Brien family have made our employees and clients of all sizes feel like part of the RJO family.

While we started as a small cash butter and egg merchant in 1914, today our firm is the largest independent futures brokerage and clearing firm in the industry. We have expanded our capabilities to meet the needs of institutional, commercial and individual clients. Our introducing broker network is the largest and we believe the best in the industry. Clients appreciate our world-class research and best-in-class technology we’ve developed and refined based on their input.

We have seen tremendous change over the last 100 years - including wars, crashes, crises and volatile markets. By remaining focused on prudent risk management measures and our clients' best interests, we have weathered it all. We remain ever grateful to our talented team and wonderful clients who have built our solid track record and provided us with a century of great memories.

We look forward with great excitement to the next 100 years as we continue to hold ourselves accountable to the highest standards and seek every day to earn our clients' confidence. Most importantly, we give great thanks to our valued clients and employees who together have made RJO the great company we are today.

Sincerely,

Gerald F. Corcoran

Chairman & Chief Executive Officer
R.J. O’Brien & Associates, LLC