A Century of STAC: the Cornerstone of the Securities Industry

Our journey began over a century ago when a small group of equity traders sought to enjoy a day on the golf course. In the late 1910s, they participated in The Bond Club of Chicago’s annual golf outing, and their enthusiasm led to the creation of their own event, designed to attract more participants from the equity space. The inaugural outing was such a success that in 1925, it became official—thus, the Security Traders Association of Chicago (STAC) was born. 

As Chicago's trading community flourished, so did STAC. Our success inspired other cities to form their own associations, and as STAC gained momentum, the financial landscape faced significant challenges. The Crash of 1929 sent shockwaves through the industry, but STAC’s leaders, alongside their counterparts in STALA, rose to the occasion. In a pivotal meeting in Chicago, these industry trailblazers convened to explore how they could collaborate with Congress to ensure that new securities laws would be effective and practical. The result? The Securities Act of 1933 and the Exchange Act of 1934, which still define the securities industry today. Not stopping there, STAC played a crucial role in the establishment of the National Security Traders Association in 1934, further solidifying our leadership in the financial world.

For over a century, STAC has been dedicated to building a robust foundation for industry professionals. We have provided invaluable education, guidance, and support as the trading landscape continues to evolve. Through decades of change, we have cultivated a dynamic network that connects market leaders, fosters collaboration, and drives innovation. As we commemorate 100 years of excellence, we honor the legacy of those who laid the groundwork for our community while looking forward to shaping the future of trading together.

From our humble beginnings on the golf course to guiding federal regulations, and from roaring markets to historic crashes, STAC has been a steadfast presence through it all. Here’s to 100 years of leadership, tradition, and a future that shines as brightly as our past!

FUN FACT: Did you know that STAC’s annual Mid-Winter Meeting has always been held in January for a reason? It marks the kickoff of the year’s financial conferences—setting the tone for the industry, sparking discussions, and continuing a tradition that began a century ago.

Click here to read STAC member memories, market insights and fun facts from our storied history. Be sure to also visit the STAC Photo Gallery and Video Gallery.

Plus, check out these photos and articles from Traders Magazine from over the years!