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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.

University of Illinois at Urbana-Champaign Looking for Director, Margolis Markets Information Lab in Department of Finance Standard

U of I Looking for Director for Markets Lab The University of Illinois at Urbana-Champaign is looking for a director for the Margolis Markets Information Lab in the Department of Finance.  Below is the job description. Complete details on the job and where to apply are listed here. Director, Margolis Markets Information Lab Department of Finance University of Illinois at Urbana-Champaign The Department of Finance at Illinois is a world leader in research, teaching and public engagement. We serve the state, the nation, and the world by creating knowledge, preparing students for lives of impact, and addressing critical societal needs…

People Moves Standard

Yesterday’s lead story mentioned Cameron Smith, Dan Coleman and Eric Noll all moving on to new ventures, some in the markets and some not. There have been some other moves recently too, all courtesy of people updating their LinkedIn profiles. Jennifer Wachtel, Tim Cave, Bruce Goldberg, Tom Thornton-Smith, Eric Hazard, and Brendan Bradley are on the list of updates. Jennifer Wachtel is now executive director, global co-head of marketing at CME Group. She was head of digital marketing prior to this position. Tim Cave, a journalist with Financial News, has joined Tabb Group as a European market structure analyst. Bruce…

Osaka Exchange of Japan Exchange Group Joins John Lothian News Sponsors Standard

First Asian Exchange Sponsor of John Lothian News John Lothian News is pleased to announce that the Osaka Exchange has agreed to become a Contributor Level sponsor of John Lothian News. Osaka Exchange (OSE) is the derivatives arm of the Japan Exchange Group (JPX) and widely known as the mother market of Nikkei 225 Futures and Options. OSE renewed its trading platform in July 2016 and trading is now available nearly 24 hours a day in its markets, which are some of the most liquid in the world. “We (Osaka Exchange-JPX Group) are excited to build the new relationship with…

Correction: NFA and FINRA Do Recognize Other Regulator’s Bans Standard

John Lothian

It turns out that the NFA and FINRA do jointly recognize the bans of other regulators already. In the specific case I mentioned, that of Jon Corzine, he would register if necessary with the SEC. Whether the SEC will recognize the ban of another regulator is a question I am still awaiting an answer. There is a loophole that was expanded by Dodd-Frank that allows hedge funds with less than $150 million to not have to register with the SEC. Tom Sexton of the NFA responded to my inquiry by saying: With regard to your column last week, you should…

Time to Close the Asset Class Ban Loophole Standard

Corzine and his ilk Should be Banned Across All Asset Classes Note: A correction to this story has been posted here. The NFA and FINRA to recognize the bans of other regulators. With the recent news that former MF Global CEO Jon Corzine is attempting to make a comeback at age 70 as a hedge fund manager, it became clear there is a hole in our regulatory system that needs to be fixed. Corzine is banned for life by the CFTC from trading futures, yet he can operate in the securities and FX worlds managing other people’s money. It is…

Futures industry walks to work to support Futures for Kids charity Standard

Futures for Kids

Industry executives from Washington and Chicago also join their London counterparts Today is the Futures for Kids (FFK) 6th Annual “Walk to Work” , which will see some 70 futures industry executives trek around London before heading to the Finish Line at the Anchor Bankside pub on the South Bank. Many will be travelling the full distance of over 35 miles starting at 8 AM in the morning while others will be taking an afternoon stroll from one of four starting points at Greenwich Park, Clapham Common, Regent’s Park or Victoria Park. This year, walkers in London will be joined…

MarketsWiki Hits 100 Million Page View Mark Standard

MarketsWiki crossed the 100 million page view mark yesterday. 100,000,000! Talk about big data! MarketsWiki is what transformed John J. Lothian & Company, Inc. into a real company with employees, culture and ambition. Before it launched, JJLCO was just me and a deal with Jim Kharouf on the Environmental Markets Newsletter. From the idea I shared at the FIA Boca Conference in 2007 sprung the platform that would allow JJLCO to utilize the goodwill it had built up and turn that into cash to build MarketsWiki, which now has more than 22,000 pages. Jon Matte was the first hire and…

Fighting for Futures; Beckett’s Battle 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 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…

Twenty-five Years Later Standard

A Trip to Purdue Changed My Life Twenty-five years ago, I traveled back to my alma mater Purdue University in West Lafayette, Indiana and it changed my life. I head back down there again today for a day at Purdue at the Krannert School of Management. Twenty-five years ago a former college roommate, who I will dine with tonight, took me on a tour of the university campus and showed me all the changes that had occurred in the 10 years I had been gone. He showed me a new dormitory with suites of rooms that had one key feature…