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'''Omar S. Amanat''' is an American ] and ] who founded Tradescape, a brokerage and technology firm.<ref>http://www.smartmoney.com/investing/stocks/Tradescape-Becomes-a-Contender-7502/</ref> He has also produced several films.<ref> http://www.imdb.com/name/nm2713368/</ref> | |||
'''Omar S. Amanat''' is an American ] and ] who was previously named one of Wall Street's "Top Ten Most Influential Technologists" and has been profiled or mentioned in '']'', '']'', and ''].'' <ref>{{cite web|url=http://money.cnn.com/magazines/fortune/fortune_archive/2001/02/19/296866/index.htm|title=Can't Keep A Good Day Trader Down Online brokers like Charles Schwab, E*Trade, and Ameritrade may be suffering, but day traders are still partying like it's 1999|publisher=FORTUNE Magazine|first=Nelson D.|last=Schwartz|date=February 19, 2001}}</ref> | |||
==Early life== | |||
Born in ] to Muslim parents who had emigrated from ], Sharif Mohammad and Hamida M. Amanat raised Omar Amanat in the New York and New Jersey area. Omar Amanat was an athlete in school. He attended the University of Pennsylvania and its Wharton School of Business undergraduate program and later became part of its Entrepeneur in Residence faculty program. <ref>{{cite web|url=http://www.whartondc.com/article.html?aid=538/|title=Omar Amanat Speaker|publisher=Wharton School }}</ref> | |||
==Career== | |||
He began his trading career at ], one of the pioneers in online brokerage services, which was sold by ] to ] for $1.3 Billion. Amanat went on to found CS Block and there traded and provided feedback on the development of CyberBlock. He also helped on the design functionality of the trading platform ], which was sold by ] in 2000 for $488 million.<ref>{{cite news|url=http://www.bizjournals.com/austin/stories/2003/11/10/story7.html|title=Schwab affiliate moving: CyberTrader to leave Loop 360 for Research Park offices|publisher=Austin Business Journal|date=November 7, 2003|first=Mary Alice|last=Kaspar|accessdate=2007-08-29}}</ref> | |||
He then became the founder, CEO and majority shareholder of Tradescape Corporation, a brokerage and technology firm. It processed over 10% of ]'s daily trading volume and was one of the largest electronic brokerage firms in the United States (by trading volume) in 2002 when he sold it to ] for total consideration worth $280 million including $180 million in contingent consideration. This deal made him one of E*Trade's largest shareholders.<ref>{{cite web|url=http://www.shareholder.com/common/edgar/1015780/1012870-02-3391/02-00.pdf|format=PDF|title=E*Trade Shareholder Filing: S.E.C 10-Q Quarterly Report|date=June 30, 2002|publisher=shareholder.com}}</ref> Tradescape was named as one of the "Top 50 Private Companies" in the United States by Red Herring Magazine.<ref>{{cite web|url=http://www.findarticles.com/p/articles/mi_m0EIN/is_2001_April_17/ai_73304494|publisher=Red Herring Magazine|title=Top 50 Public and Private Companies in the United States|date=April 19, 2001}}</ref> | |||
Amanat sits on numerous boards including the Board of Trustees for the ], ], is a term member of the ], a Trustee of the ] and ] and was recently the Vice Chairman of the ] which has been named one of the top 25 Charities in the World by Barron's <ref>{{cite web|url=http://www.acumenfund.org/|title=Acumen Fund|publisher=Acumen Fund.org}}</ref>. | |||
Amanat recently co-founded a $200 million feature film company with a mission to "make films that will change the world" and also helped to create and is a founding board member of a $1 billion new Hollywood studio/production and distribution venture that produces and distributes 8-12 Hollywood feature films per year. | |||
After entering into a sales agreement of Tradescape with E*Trade in 2002 and becoming one of its largest shareholders, Amanat was sued and sued the company seeking $1.5 billion in additional compensation for missed payments; both sides claimed breach of contract, among other claims. | |||
==Media, film production == | |||
Amanat collaborated with ] on the launch of ], the Muslim ] headed by ] which premiered in 2004.<ref>{{cite web|url=http://www.signonsandiego.com/tvradio/030507_briefs.html |title=Bridges TV (May 7, 2003 ) |publisher=Sign On San Diego |date=2003-05-07 |accessdate=2009-03-22}}</ref><ref>(May 02, 2003)</ref> According to Amanat:<blockquote> | |||
I realized that the only way to undo misconceptions was to create our own media forum from which our stories and culture would be shared with the world. Other cultural groups have gained acceptance and increased understanding through the forum of media. Why can't Muslims do the same?<ref name="aljazeerah">{{cite web|url=http://www.aljazeerah.info/News%20archives/2003%20News%20archives/May%202003%20News/3%20n/First%20American%20Muslim%20Television%20Channel%20Announced%20by%20Bridges%20Network..htm |title=News aljazeerah.info: First American Muslim Television Channel Announced by Bridges Network |publisher=Aljazeerah.info |date=2003-05-02 |accessdate=2009-03-22}}</ref> | |||
</blockquote> | |||
Also involved with producing films, Amanat was most recently an ], Co-Founder, and Founding Chairman of Groundswell Productions with ], which financed and produced two ] nominated films in 2009 including '']'' which received a nomination for ] (]) and '']'' which received 8 nominations including ], ] (]) and ] (]). He also Executive Produced with ] Founding President ], via his film company ] several socially conscious films including ''The Visitor'' and '']'' featuring ]. Other films Amanat was Executive Producer of or that his companies have helped to produce include 2008's '']'', '']'', and '']'' among other films. <ref>{{cite web|url=http://www.imdb.com/name/nm2713368/|title=Omar Amanat|publisher=IMDB.com}}</ref> | |||
==References== | ==References== | ||
{{reflist}} | {{reflist}} |
Revision as of 16:28, 9 January 2010
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Omar S. Amanat is an American businessman and entrepeneur who founded Tradescape, a brokerage and technology firm. He has also produced several films.
References
- http://www.smartmoney.com/investing/stocks/Tradescape-Becomes-a-Contender-7502/
- http://www.imdb.com/name/nm2713368/