Thomas Murphy began his career in 1978 at Blythe, Eastman and Dillon working in institutional equity and fixed income sales. In 1981, he came to Chicago and managed several derivative brokerage operations on Chicago Mercantile Exchange and Chicago Board of Trade before forming TJM Institutional Services with Steve Beitler and John Burke in 1996. Mr. Murphy and his partners built TJM (and its affiliates) into a leading independent institutional broker in clearing and execution services with offices in Chicago and New York.  Mr. Murphy graduated from St. John’s University with a BS (Finance) and holds Series 3, 7, 24, and 63 licenses.

Steve Beitler began his career in institutional sales in 1978 at Thompson McKinnon Securities. In 1980, he became an asset liability manager at Marine Midland Bank (since acquired by HSBC). Five years later, he joined a derivative brokerage unit operated by Tom Murphy.  Mr. Beitler joined Prudential Securities in 1990, along with Mr. Murphy, as a senior vice president and Eurodollar sales manager. In 1996, partnered with Mr. Murphy and John Burke to form TJM Institutional Services. As a Chicago Mercantile Exchange member, Mr. Beitler has served on various CME exchange strategic planning committees. He received a BBA and MBA in Finance from Stetson University and holds Series 3 and 7 licenses. 

John Burke began his career in 1988 working on the Chicago Mercantile Exchange trading floor. In 1991, he became a CME member and brokered trades in the Eurodollar futures pit. The following year Mr Burke moved to New York to work on the government desk of atop-tier primary dealer. He formed TJM Institutional Services with Tom Murphy and Steve Beitler in 1996. Mr. Burke received a BA in Finance at St. John’s University in 1988. He holds Series 3, 4, 7, 24, 27, 55 and 63 licenses