William A. Porter

William Asbury Porter, Jr.
Born(1928-11-10)November 10, 1928
DiedOctober 15, 2015(2015-10-15) (aged 86)
Alma materAdams State College
Kansas State University
MIT Sloan School of Management
Known forFounder of E-Trade
Spouse(s)
Ava Guthrie
(div. 1974)

Joan
(m. 1990)
Children3

William A. Porter (1928–2015) was an American businessperson who, along with Bernard A. Newcomb founded the first electronic trading platform, E-Trade.[1][2]

After the success of E-Trade, Porter also co-founded International Securities Exchange with Marty Averbuch [3] and became the first chairman of ISE on his 70th birthday in 1998.[4] Porter was the former chief executive officer, board member, and chairman emeritus of E-Trade.

In 2000, CNN called Porter the "forefather of online trading".[5]

Later in his life he donated money to businesses and nonprofits benefiting organic farming, recreation and community building on Kauai's North Shore.

  1. ^ "The MIT 150: 150 Ideas, Inventions, and Innovators that Helped Shape Our World". The Boston Globe. May 15, 2011. Retrieved August 8, 2011.
  2. ^ "Does This Town Still Know How to Give a Victory Parade?". The New York Times, City Room, By Jennifer Lee, Feb 4, 2008. February 4, 2008.
  3. ^ "ISE History of Leadership". ISE.com.
  4. ^ "E-Trade Founder Unveils Electronic Options Exchange". TheStandard.com, Megan Barnett, November 10, 1998.
  5. ^ "Pinnacle William Porter: Forefather of Online Trading". CNN.com, Pinnacle, aired February 6, 2000.

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