William Asbury Porter, Jr. | |
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Born | |
Died | October 15, 2015 Kilauea, Hawaii, US | (aged 86)
Alma mater | Adams State College Kansas State University MIT Sloan School of Management |
Known for | Founder of E-Trade |
Spouse(s) |
Ava Guthrie (div. 1974)Joan (m. 1990) |
Children | 3 |
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.