Richard Heckinger is a member of the Working Group on Financial Markets at the Federal Reserve Bank of Chicago. He is also the Contributing Editor of the Central Banking Journal and an Associate Editor of the Journal of Financial Market Infrastructures. In addition, he serves as an Editorial Advisory Board member of the Global Commodities Applied Research Digest.
Mr. Heckinger was formerly Vice President and Senior Policy Advisor, Financial Markets Group, at the Federal Reserve Bank of Chicago. He started his career in financial markets at the Chicago Board Options Exchange in 1973, and has held positions in trading, exchange operations, project management, clearing, risk management, product development and marketing. In the 1990s he was Chief Operating Officer of the Stock Exchange of Hong Kong, and subsequently Chief Executive of the Hong Kong Securities Clearing Corporation. Other positions include Director and Head of the Deutsche Böerse/Eurex US Representative Office located in Chicago and Managing Director for Global Link at State Street Corp in Boston. He has also served on international committees, including a Federal Reserve Bank of New York working group, the OTC Derivatives Regulators’ Forum, SWIFT, and the International Securities Services Association. He has a M. Phil. degree in economics from the London School of Economics, a B.A. degree in mathematics from the Illinois State University, and completed the Advanced Management Course at the University of Chicago.