Raj Fernando is the CEO of Scout ahead and the founder of Chopper Trading. He founded the firm back in 2002 when he was a cash bond trader. Before founding Chopper Trading, Raj Fernando worked as a trader at the Chicago Board of Trade and the Chicago Mercantile Exchange. He worked on their floor where he has been a member of the exchange from 1997. He is a staunch believer that when a company invests in people, good things always happen.
In 2015, Fernando sold Chopper Trading to DRW, and he started scoutahead.com in 2016. This is a platform that conducts surveys and reviews on behalf of individuals and institutions. When he founded Chopper Trading, he established a rule for bringing employees into the company. He only recruits employees who are interested in the job as well not according to how much money the employee is going to make for the company. His hiring strategies include a lengthy and involving interview. He doesn’t bring in 30 potential employees and trains them only to end up with a few of them being employed and firing the others. He insists on bringing someone on board who can someday retire from the company.
Fernando is a philanthropic giver who believes that companies should invest in people, so he does his best to give back to the people. He is a fundraiser for Democratic Party candidates and their causes. He helped raise money for President Obama during his campaigns and also the William J. Clinton Foundation. Back in 2011, there was a Washington Post story that said Chopper Trading was one of the largest fundraisers for Obama’s presidential campaign.
In 2011, Raj Fernando found himself in a panel appointment controversy. He had been appointed to the State Department’s International Security Advisory Board which advised Hillary Clinton the Secretary of State. After his appointment, some questions arose regarding his qualifications to be on board with national security clearances.
As stated above, Raj Fernando is a philanthropic giver, and he has involved himself in many charitable efforts in the United States and especially in Chicago. He is a member of the Chicago Council on Global Affairs as well as a governing member of the Chicago Symphony Orchestra.