Jay Cohen

speaker
245 appearances 1 recordings 1 series first heard Jul 2026 last heard 7 Jul

Jay Cohen’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

Appearances

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And he had three products, guilty, not guilty, and other, which was hung jury or something else.
And he made markets in these three products, whichever one covered would be worth 100 and the other two would go to zero.
And it was so busy.
And it could have been the busiest trading floor in the pit.
People came in every day wanting to
know where the market was, especially during the trial, a guy ran around from the Morgan Stanley desk and said, hey, Henry on the desk in New York wants a quote on a three-way, you know, things like that.
And so it was very active and very busy.
So after that trial ended, Steve was still kind of doing the same thing with season-long bets on sports.
And we said, hey, let's put this on the internet.
We should find out how we can put this on the internet.
I barely knew what the internet was at the time.
I didn't even have a computer at home.
But I knew it was something that was going to allow people access globally.
And so we set about...
figure out how to do it, how to build it, how to do it legally, where we had to go.
And we basically built a futures exchange from the ground up.
And we built a functioning futures exchange of our own to trade these sports futures.
Plus, we also built a platform that could take ordinary traditional bets and exotic wagers and anything else you can think of.
Almost.
Yes, I'd say so.
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