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Author Archives: John Lothian

About Author

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

D is for Data: FinTech Exchange Standard

The sold-out FinTech Exchange conference, hosted by Barchart, was largely about data – what to do with data, how exchanges are capturing new data and how to trade it. That, on its surface, isn’t particularly new. But the infrastructure to capture all kinds of data is now developed. The CME Group’s Julie Armstrong Menacho colorfully outlined how the exchange has migrated all of its historical data onto the cloud, giving customers greater access to it, along with a growing list of partners who provide alternative data sets like satellite images of oil storage facilities or social media sentiment. CBOE’s Catherine…

Jim Oliff is Good to Go Standard

When Jim Oliff resigned from the CME Group board a couple of weeks ago several friends reached out to him to check on his health. They figured such a sudden exit from the CME board of directors after 31 years must be because of a health problem. That is not the case. Jim Oliff is healthy, wealthy and wise. The wealthy and wise parts are a combination of being a CME member and having earned a wealth of experience and industry knowledge from his years as a key insider at the CME during its ascendency over the last 30+ years….

Comment from Director of Strategy at Fidessa on UK triggering article 50 and impact on financial markets Standard

On the markets and trading technology: “Article 50 is part of a broader global phenomenon of nationalism that is breaking out globally. This has profound effects on financial markets as the concept of a single global financial marketplace looks more fragile than ever. Nevertheless in the real world financial market participants need to trade and operate globally. To do so, they need access to real global networks that allow them to deal in whatever market required while normalising any differences between regions including the growing inconsistencies between regulations.”  On the strength of UK as a financial services hub: “The UK might be…

My Picks for CFTC and SEC Commissioners Standard

Despite repeated inquiries to knowledgeable industry players, there is little buzz about prospective new CFTC and SEC Commissioners outside of the chairmen. So if there is no buzz, then let’s create some of our own in time for the FIA Boca Raton International Conference.  I am going to give you my top ten potential candidates for each commission in alphabetical order. That they are on the list does not mean they would be willing to serve, but it does mean I believe they are eminently qualified to serve. I am also going to share with you honorable mentions. These are others…

Maker or Taker? Standard

“Maker – Taker” is a market model that rewards market participants for offering liquidity – “making” – and penalizes them for “taking” market liquidity.   Many makers are also takers. It is the way of the markets, and the way of the world.   Are you a maker, or a taker? It is a good question to ask. While we all do both, it is our outlook that defines whether we are makers or takers.   For example, are you a market participant who just goes home at the end of the day, or do you find a way to…

The Most Popular Stories of 2016 on JohnLothianNews.com Standard

As we end 2016 we should all stop in at Ceres in the Chicago Board of Trade Building for a stiff drink and to shake the hand of Billy Assimos. He was the focus of the most read story on www.johnlothiannews.com in 2016, according to Google Analytics. Sarah Rudolph penned the story, “Billy Assimos, the Face of Ceres” in June of this year. Assimos is the longtime manager of Ceres, a restaurant and bar in the CBOT Building, and a friend of many. I guess it pays to serve the stiffest drinks in Chicago. Coming in second place was Jim…

Markets Aren’t the Only Thing That Make Lows Standard

The holidays are supposed to be a time of merry cheer and happy tidings and for many that is the case. However, for others it is a time of loneliness and even depression. It is easy to miss the signs in friends and family members as we are celebrating the holidays, but it is important to keep in mind. Holidays can be a time of new lows. For some the loneliness and depression are a matter of missing loved ones who have departed. It is the memories of the happy holiday seasons of the past, now soured by their absence…

Gorbachev is Dead! Fake News is Nothing New To The Markets Standard

Courtesy of Wikipedia

Fake News Is Just Like a Game of Who Wants to be a Millionaire Fake news is nothing new. In fact, it is neither fake nor news. It is something called rumors. A rumor is just talk or opinion widely disseminated with no discernible source or a statement or report current without known authority for its truth. Sometimes it is true, sometimes it is not. Sometimes it was created by individuals to influence a market, sometimes it is just someone misinterpreting something they see. The markets have long dealt with rumors. That is part of the beauty of markets. They…

Jim Kharouf Named New CEO of John J. Lothian & Company, Inc. Standard

Jim Kharouf

John Lothian Moves to Executive Chairman; Kharouf Gets Equity Stake In Firm James Kharouf has been named CEO of John J. Lothian & Company, Inc., replacing company founder John Lothian. Lothian moves to the role of executive chairman of the financial markets- focused media company. Kharouf, 50, has served as editor-in-chief of John Lothian News since 2007 and president of JLN since 2010. He will assume the role of CEO on January 9, 2017. A Milwaukee native, Kharouf is a graduate of Marquette University with a degree in journalism and has been a journalist and editor for more than 25…