K. Michael Wallace first started trading the stock and commodities markets at age 19 where he successfully managed an investment fund for his family, investing in gold and silver, stocks, commodities and limited partnerships. K. Michael Wallace graduated from the The Commodities Educational Institute in San Francisco where he obtained his Series #3 license to trade commodities and futures, making him one of the youngest persons to ever take and pass the rigorous exam at age 19. At age 20 he began work in the commodities division of Merrill Lynch in New York City where he gained experience in the operational side of the brokerage business.

Within a year he was given an opportunity to work on the Commodities Exchange Center at 4 World Trade Center in New York on the trading floor. This is where K. Michael Wallace developed and honed his skills in investing through the fast moving trading pits. After a number of years there he moved on to work at one of the top investment banks on Wall Street, “Lehman Brothers”. There he worked on the S & P 500 futures trading desk managing customer’s trades and executions.

After only a brief time in that position, management noticed his trading ability and immediately promoted him to Foreign Exchange/Spot Metals Trader on the interbank trading desk, the top trading position for the company. There he traded for the most wealthy and famous traders in the world, traders such as Michael Marcus, Paul Tudor Jones of Tudor Investments, George Soros one of the most successful and influential traders of our time, and many others. The transactions that he participated in involved foreign currency trades through the banks of the major financial centers of the world such as Hong Kong, Singapore, Australia, Frankfurt and London England. These types of trades are made by large traders, mostly money managers that control millions of dollars for investors. The average trade for these kinds of transactions was 10-20 million, and as high as 800 million for a single trade.

After only a brief time in that position, management noticed his trading ability and immediately promoted him to Foreign Exchange/Spot Metals Trader on the interbank trading desk, the top trading position for the company. There he traded for the most wealthy and famous traders in the world, traders such as Michael Marcus, Paul Tudor Jones of Tudor Investments, George Soros one of the most successful and influential traders of our time, and many others. The transactions that he participated in involved foreign currency trades through the banks of the major financial centers of the world such as Hong Kong, Singapore, Australia, Frankfurt and London England. These types of trades are made by large traders, mostly money managers that control millions of dollars for investors. The average trade for these kinds of transactions was 10-20 million, and as high as 800 million for a single trade.

These experiences gave K. Michael Wallace the expertise to go off on his own and start his own investment business presently known as Wallace Investments. His investment company has managed successfully for 20 years portfolios of Futures, Stocks, Private Businesses and Real Estate.

Wallace Investments most recent audit for their investing performance for the year ending 2021 prepared by Shaun Accounting of Astoria New York said…