Richard Kapsch, managing director of Pride Holdings, conducted a seminar on trading principles on May 20th, 2012, attended by over 60 entrepreneurs and traders in Kuwait. He shared essential trading techniques, pitfalls to avoid, and insights into analyzing currency price movements. With nearly 40 years of experience in the financial sector, Kapsch has held significant positions and contributed to the development of commodity exchanges globally.

1. Richard Kapsch's nuggets of wisdom on Trading Principles!
Mr. Richard Kapsch, the Managing Director of Pride Holdings, LLC, and a financial consultant based in
Schaumburg, Illinois, conducted a seminar on Principles of Trading, on Sunday, May 20th 2012. This
seminar was organized by Pride Group- an international financial services company, headquartered in
Dubai, UAE, at the offices of one of its subsidiaries - Al Shuaib International Financial Brokerage
Company, in Kuwait. More than 60 people including prominent entrepreneurs, high net worth
individuals, and traders attended the event.
The seminar was about “Principles of Trading”. Mr. Kapsch outlined some basic techniques used by
successful traders as well as pitfalls that traders should avoid. He also discussed analysing and
forecasting currency price movements.
Richard J. Kapsch is the Managing Director of Pride Holdings, LLC, a consultancy based in Schaumburg,
Illinois, specializing in international finance. He was previously President of Leader Investments, Inc., a
brokerage firm based in Arlington Heights, Illinois, dealing in equities, options, and futures. He has spent
almost forty years in the securities and futures industries, including experience with major U. S.
securities firms such as E. F. Hutton, Shearson and Prudential-Bache Securities. He has been involved at
all levels of management.
Mr. Kapsch was a member of the International Monetary Market, a division of the Chicago Mercantile
Exchange, for eleven years, and was elected to the Board of Governors of the Chicago Mercantile
Exchange, where he served for five years. While a member of that Board, he chaired the Foreign
Currency Committee and was a member of both the Strategic Planning and Audit Committees.
Mr. Kapsch holds a B. A. degree from Yale University and an M. B. A. degree, in Corporate Finance, from
New York University. He has taught graduate-level courses at Lake Forest Graduate School of
Management, Keller Graduate School of Management and Illinois Institute of Technology in Chicago. He
has spoken at numerous international seminars and is the author of several magazine articles.
Mr. Kapsch is assisting Pride Group in the development and implementation of commodity exchanges in
various locations around the world.