Rick Santelli joined CNBC Business News as on-air editor in June 1999, reporting live from the floor of the Chicago Board of Trade. His focus is primarily on interest rates, foreign exchange and the Federal Reserve.
Santelli is a regular contributor to CNBC's "Squawk on the Street " (Monday-Friday, 9 a.m.-12 p.m. ET).
A veteran trader and financial executive, Santelli has provided live reports on the markets in print and on local and national radio and television. He joined CNBC from the Institutional Financial Futures and Options at Sanwa Futures, L.L.C. There, he was a vice president handling institutional trading and hedge accounts for a variety of futures related products.
Prior to that, Santelli worked as vice president of Institutional Futures and Options at Rand Financial Services Inc., served as managing director at the Derivative Products Group of Geldermann Inc., and was vice president in charge of Interest Rate Futures and Options at the Chicago Board of Trade for Drexel, Burnham, Lambert. Santelli began his career in 1979 as a trader and order-filler at the Chicago Mercantile Exchange in a variety of markets, including gold, lumber, CDs, T-bills, foreign currencies and livestock.
He is a graduate of the University of Illinois Champaign/Urbana with a Bachelor of Science degree. Santelli has been a member of both the Chicago Mercantile Exchange and the Chicago Board of Trade.
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CNBC's Rick Santelli breaks down the latest numbers on consumers and housing and discusses what it indicates about the economy, with CNBC's Steve Liesman and economist Stu Hoffman.
CNBCs Steve Liesman and Nathan Sheets, Citigroup, provides insight on the Fed's likely decision on interest rates and its bond-buying program. CNBC's Rick Santelli breaks down the latest data on business conditions for New York manufacturers.
Wall Street banks are paying Thomson Reuters to receive important data earlier and faster than the rest of the market. The early-released numbers include the results of the University of Michigan Consumer Confidence Index, CNBC’s Eamon Javers reports. As the information is released to high frequency traders at 9:54:58, watch as the S&P 500 SPDR drops at that very moment.
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Rick Santelli joined CNBC Business News as an on-air editor in 1999, reporting live from the floor of the Chicago Board of Trade.