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Author Archives: John Lothian

About Author

Lothian is executive chairman and CEO of John J. Lothian & Co. and editor of the John Lothian Newsletter. He publishes MarketsWiki.com, MarketsReformWiki.com, MarketsWikiEducation.com, JohnLothianNews.com and three industry newsletters.

Sincere Flattery and Competition Standard

“Imitation is the sincerest form of flattery,” wrote English cleric and writer Charles Caleb Colton. The NYSE and Nasdaq have flattered each other plenty over the years as they competed globally in the exchange and OTC market space. It often seemed there was not a move NYSE made that Nasdaq did not try to match or top, and vice versa. The imitation here is not that NYSE matched Nasdaq by naming a woman, Stacey Cunningham, as head of the exchange to counter Nasdaq’s Adena Friedman. Rather, both exchanges chose the best qualified candidates for the role of president or CEO….

Fighting for Futures; Brain Tumor Awareness Month Standard

May is Brain Tumor Awareness Month May is Brain Tumor Awareness Month and the futures industry is teaming up to fight for one of their own and children with brain tumors. https://team.curethekids.org/fightingforfutures2018 Meet Beckett.  Beckett is the son of Matthew and Millie Ryba.  Becket is like  most 7 year-olds except he has been battling a brain tumor since 2011.  Millie works for the CME Group and Matthew used to work in banking  until he left to stay at home full time to care for Beckett.  Beckett is one of 28,000 children in the U.S. currently fighting a brain tumor.  That’s 13…

Crypto Markets News from John Lothian News – May 16, 2018 Standard

crypto markets update 2

  Notes from Consensus 2018 – Day 2 By Chuck Mackie – JLN As expected, Day 2 of Coindesk’s Consensus conference lacked some of the energy and fireworks of the first day but it did manage to defy what seems to be a law of nature: fewer people in attendance at the second day of an industry event when compared to the first. In this case, Coindesk announced that total registration ticked up to over 8,500 and it was definitely harder to fight the lines for lunch on the second day compared to the first. Somehow I survived. Beyond that,…

Crypto Markets News from John Lothian News – May 15, 2018 Standard

crypto markets update 2

Notes from Day One at Consensus By Chuck Mackie – JLN If you had any doubts about the swelling surge of interest in cryptoassets, you only had to try and check in to [[https://www.coindesk.com/|Coindesk’s]] [[https://www.coindesk.com/events/consensus-2018/|Consensus conference]] in midtown Manhattan around mid-morning on Monday. The line snaked its way back and forth through the 2nd floor lobby, down the escalator and out of the front door of the hotel, and it took up to two-and-a-half hours for the reported 7,700 attendees to check in for the event. Consensus began four years ago with 500 true believers in attendance, grew to 1,500…

Notes from Day One at Consensus Standard

If you had any doubts about the swelling surge of interest in cryptoassets, you only had to try and check in to Coindesk’s Consensus conference in midtown Manhattan around mid-morning on Monday. The line snaked its way back and forth through the 2nd floor lobby, down the escalator and out of the front door of the hotel, and it took up to two-and-a-half hours for the reported 7,700 attendees to check in for the event. Consensus began four years ago with 500 true believers in attendance, grew to 1,500 in 2016, reached 2,800 last year, and was up 275 percent…

Crypto Markets News from John Lothian News – May 11, 2018 Standard

crypto markets update 2

Cryptocurrency Exchange Upbit Raided by Korean Authorities Shinhye Kang and Heejin Kim – Bloomberg South Korean prosecutors raided the offices of Upbit, one of the world’s largest cryptocurrency exchanges. Authorities searched the exchange’s offices on Thursday and Friday, according to an official from the Seoul Southern District Prosecutors’ Office, who asked not to be identified citing office policy. She declined to provide further details of the raid, which was first reported by the Korea Economic Daily. https://jlne.ws/2wxuItJ Cryptocurrency Trading Platform Launches First Regulated Ethereum Futures Michael del Castillo – Forbes So, you think Ethereum is a crock? Later today you’ll…

FIA Comes to Chicago to Talk Retail Derivatives Standard

The FIA is coming to Chicago for an event focused on the retail listed derivatives market. The event features a keynote address by CFTC Chief Market Intelligence Officer Andrew Busch and panels led by the Most Interesting Man in the World, CQG’s Pat Kenny and JLN’s Contributing Global Markets Editor Jim Kharouf. The event is on Monday, May 14 and free to FIA members. Non-members can attend the event at the Union League Club for $75. FIA CEO and President Walt Lukken will open the event, which is scheduled to start at 1:00 p.m. and end at 5:30 p.m., with…

CQG Creates a Chief of Staff Position; Names Alli Brennan to Role Standard

CQG has created a new position to help execute their strategic business plan. The position is chief of staff, and for that position they selected Alli Brennan. She started in that role on May 1. Brennan’s rise at CQG is a product of her strong leadership skills, industry understanding and a knack for integrating data into the decision making process. She is not a seat of the pants manager, but a data driven change agent who understands the markets and the industry. “Alli will be responsible for the execution for our strategic business initiatives and to help align everyone around…

Crypto Markets News from John Lothian News – May 8, 2018 Standard

Bitcoin Sees Wall Street Warm to Trading Virtual Currency Nathaniel Popper – WSJ Some of the biggest names on Wall Street are warming up to Bitcoin, a virtual currency that for nearly a decade has been consigned to the unregulated fringes of the financial world. https://jlne.ws/2HZoKr5 Buffett and Gates Are the Latest Bitcoin Critics, Halting $10,000 Push Camila Russo and Katherine Chiglinsky – Bloomberg Surprise! Bitcoin is getting no love from two of the world’s wealthiest men. https://jlne.ws/2HYt4qH Dancing Badgers Draw More Attention Than SEC at Ethereum Meeting Camila Russo – Bloomberg In the crypto world, all eyes are on…