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Profiles: Blair Hull Standard

It’s not every day you hear one of the most successful traders and businessmen in the industry say he got his start as a card counter in blackjack. “My brother-in-law told me that he made money in Lake Tahoe, enough money to pay for his vacations,” he said. “I said “Well, if you do that consistently, you should be betting a lot more money and you wouldn’t have to be an accountant.’ “ So Hull put his own money where his mouth was and took up the game of blackjack for five years learning probabilities and strategy. His success in…

Video Killed the Radio Star: J2’s Esposito Stresses Importance of Digital Media Standard

“Video is king. Video is everywhere.” Joan Esposito, co-founder of the media consulting firm J2 Strategic Communications, said that more companies are putting CEOs and other key personnel in video for their websites, internal communications and external strategies. “That’s wonderful because it puts a human face and hopefully a passionate face on the company,” she said. “But if they make a video like that and they are dull or not energetic, or not passionate, or not clear, that’s not helping your company.” The key challenge, she said, is that “short, simple, declarative sentences are much trickier than the average person…

It’s a MAD MiFID II world now, and US firms should prepare Standard

By: Erik Donelson, Special contribution to John Lothian News MiFID II enforcement is coming, and it’s going to affect all market participants, including those in the United States. As ESMA and the European Commission finalize the technical standards ahead of January 2017, when the directive and accompanying regulations come into force, it is becoming clear that markets in Europe will be radically altered.   On July 30, the FIA hosted a panel in Chicago of “victims,” as they labeled themselves, of MiFID II rules. Chief among the regulations is a definition of high frequency trading and the regulation of algorithms….

Vision Statement: Fidessa Looking At Realtime and Predictive Analytics and Cybersecurity Standard

The financial technology space is always moving and aiming at moving targets. Justin Llewellyn-Jones COO and global head of derivatives for Fidessa, said firms now are facing broader and deeper technology challenges than ever, from real time order analytics to new cyber security needs. Speaking with John Lothian News at the FIA IDX conference in London, Llewellyn-Jones said Fidessa has been focused on expanding its execution algorithms, an initiative that was moving forward over a year ago. “We’ve been extending that set of algorithms in terms of the synthetic order types, the execution types we cover, the benchmark algorithms.” Now…

Reg Roadmap: European Regulation Winding Its Way Forward Standard

The European regulatory overhaul has been long and winding as industry participants grapple with three major initiatives simultaneously: EMIR, MIFID II and Basel 3, just to name a few. Even with the recent delay of MIFID II standards to September, regulatory experts say there is progress on some key areas, including an ongoing effort by US and EU regulators to find common ground on key sticking points, such as margin rule differences. Scroll through to view the full story with photos and video, or click here for the full layout.

Innovation Incubation: TriOptima’s Mireille Dyrberg Looks at the Latest FinTech Trends Standard

For the past several years, derivatives conferences have been all about regulation. But as Dodd-Frank, MiFID II and other global regulations move through the rulemaking phase to implementation and beyond, the focus has shifted from regulation to innovation. The 2015 FIA Europe International Derivatives Expo was all about fintech, and the top-to-bottom technology overhaul of the world’s financial markets. Mireille Dyrberg, chief operating officer of post-trade services giant TriOptima, spoke with John Lothian News’ Doug Ashburn at IDX 2015 about the innovation cycle, which technologies to keep an eye on, and the role of fintech incubators such as ICAP’s Euclid…

JLN Summer Intern Education Series To Hit New York And Chicago Standard

More information on the new Markets Wiki Education website. John Lothian News is hosting its third annual MarketsWiki Education 2015 Chicago and New York World of Opportunity Summer Intern Education Series –  in New York on July 15 and in Chicago August 4, 5 and 7. **NOTE: As of July 21, 2015, Registration for the Friday, August 7th Chicago session is full to capacity. We still have open spots for August 4th and 5th. We plan to add another speaker event in London this fall. The series will feature speakers from around the financial industry who will present short 10…

(CTA) Call To Action: Bryan Johnson Calls For Strategic, Practical Marketing For Managed Futures Standard

Marketing is one of the toughest parts of running a managed futures firm. It takes time, money and is often outside the skill set of most CTAs. Bryan Johnson of Johnson & Co. has spent the past five years helping and teaching fund managers about its importance and how to do it. He said CTAs may in the perfect spot right now to offer managed futures and expand their businesses. “Marketing has become more critical than it been ever before,” said Johnson, who sat down with John Lothian News at CTA Expo New York. “There’s more noise and there are…

New Energy: Nasdaq Prepping For Launch Of Nasdaq Futures Standard

Nasdaq Futures was announced in March with a goal of shaking up the energy futures markets. Since then, Nasdaq’s team has been busy building infrastructure and signing up new members. The question is, will they challenge the likes of CME Group’s Nymex or the Intercontinental Exchange? Hans-Ole Jochumsen said that Nasdaq Futures, or NFX, has the model to compete with established markets. Its partnership with OCC will clear its natural gas, crude oil and power futures contracts at a mere 4 cents per side. That, coupled with the Nasdaq trading engine, GENIUM INET, that is common to many in the…