John Eckstein, Pioneer of Treasury Futures Trading, Dies at 74
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John F. Eckstein III, one of the first traders of Treasury bill futures contracts following their debut in 1976 and a pioneer of cash-futures arbitrage trading in the U.S. government bond market, has died. He was 74.
Eckstein died on July 24 at a nursing home in New Rochelle, New York, having never fully recovered from a heart attack he suffered in 2005, his son, John F. Eckstein IV, said in a telephone interview.