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Author Archives: Mike Forrester

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Forrester is a video editor with John Lothian News.

Why You Should Bet Your Career on Chicago FinTech – Michael Kraines Standard

“Twenty years ago it was about consolidation. It was about exchanges being smashed together and brokerages being smashed together. Now it’s going to be about technology being added to these traditional old school businesses.” In this video from MarketsWiki Education’s World of Opportunity event in Chicago, Michael Kraines, chief financial officer and chief commercial officer of Trading Technologies, discusses the growing Chicago fintech landscape and why the field can be a solid career choice. Kraines points out investment in Chicago fintech in the first half of 2017 has nearly matched the total from all of 2016. In 2016, venture capitalists…

Grasp Your Opportunities and Adapt – Tom Sexton Standard

“Our markets here are the envy of the world because they are regulated in a very fair and orderly manner.” In this video from MarketsWiki Education’s World of Opportunity event in Chicago, Tom Sexton, president and CEO of the National Futures Association, discusses what opportunities lie in the regulatory arena. Sexton asks that when you look at all the different areas of finance, think about regulation and how important it is to not only the U.S. markets, but markets all around the world.

Change the Game – Tom Sosnoff Standard

“The U.S markets are the global hub of liquidity. That’s why they’re so wonderful. So when you get truly liquid markets, you have very accurate expected value.” In this video from MarketsWiki Education’s World of Opportunity event in Chicago, Tom Sosnoff, co-CEO of tastytrade, maps out the importance of decision making. Trading is one of the few industries where you have the ability to make an unlimited number of decisions with both emotional and monetary outcomes. Sosnoff says the most important thing you can do as a recent graduate is monetize your know-how. The more valuable you are to your…

Seeking Opportunity Everywhere in the Market – JJ Kinahan Standard

“The greatest expression I’ve ever heard is, ‘The harder I work, the more opportunity I get.’” In this video from MarketsWiki Education’s World of Opportunity event in New York, JJ Kinahan, managing director and chief market strategist at TD Ameritrade, talks about seizing opportunity in every corner of the markets. Kinahan grew up in a large Irish-American family, and figured he would become a carpenter or an electrician. Instead, he landed a job at the CBOE one summer and never looked back. Kinahan says in the early part of his career he was never the smartest guy in the room,…

What Opportunities Does Unstructured Data Present? – Joe Gits Standard

“Financial professionals spend about 80 percent of their time managing data, and only about 20 percent of their time generating excess return for each giving unit of risk.” In this video from MarketsWiki Education’s World of Opportunity event in New York, Joe Gits, CEO of Social Market Analytics, breaks down how unstructured data can benefit your trading.  Social media posts, news articles and blogs are all sources of potential market moving information. The trick is parsing through all of the data and using it to your advantage. Gits reveals how market participants can stay ahead of the curve using unstructured…

A Winding Path of Reinvention – Thomas Ascher Standard

“A risk-free life is a boring life. I’m not advocating taking stupid risks. Don’t. Understand the risks, but you can’t explore things if you don’t take some risk.” In this video from MarketsWiki Education’s World of Opportunity event in New York, Thomas Ascher, an independent financial executive and former CSO of the International Securities Exchange, explains the proper steps on how to reinvent yourself. Ascher has worn many hats with quite a few companies over the years — NQLX, CBOE, Interactive Brokers — not to mention his time hawking cassette tapes out of his college dorm room. Ascher says that…

There’s Nothing New Under the Sun – Dennis Dutterer Standard

“I had developed in my mind a bit of an internal checklist – things I looked at and thought about, regardless of the project I was working on.” In this video from MarketsWiki Education’s World of Opportunity event in New York, Dennis Dutterer, an independent financial services consultant and long-time futures industry executive, spoke about overcoming everyday challenges in the financial industry. Using a plethora of historical examples, Dutterer laid out his three step system he said can be used to solve most problems in today’s world. By gaining know-how, learning from past experiences and thinking outside the box, Dutterer…

Rebranding in Three Easy Steps – Brian Cassin Standard

“Your brand is what people say about you when you’re not in the room.” In this video from MarketsWiki Education’s World of Opportunity event in New York, Brian Cassin, head of product and strategy with Vela Trading Technologies, breaks down the three steps in rebranding a company. Cassin uses Vela as a case study when going through the importance of rebranding, as Vela is the result of the Wombat and SR Labs tie-up. Cassin says timing is everything, but having a clear message for customers is equally important. The most critical thing to remember is how to make sure your…

Making Sense of Options Order Flow – Henry Schwartz Standard

“There are four primary reasons people use options, and they tend to attract the smartest, the most well capitalized and most informed traders out there. Basically, dumb people lose their money trading options so quickly, they’re not really out there anymore.” In this video from MarketsWiki Education’s World of Opportunity event in New York, Henry Schwartz, president of Trade Alert LLC, breaks down the four primary reasons people trade options: leverage, defined risk, flexibility and liquidity.  Schwartz then delves into a wealth of data to show what kind of information can be gleaned from the 1.1 million options trades happening…