Breaking News

Author Archives: Mike Forrester

About Author

Forrester is a video editor with John Lothian News.

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…

The State of Today’s Markets: Issues and Opportunities – Larry Tabb Standard

“This industry is a meritocracy. If you can do a better job than the next guy, then you’ll get rewarded more than the next guy. That’s a good thing.” In this video from MarketsWiki Education’s World of Opportunity event in New York, Larry Tabb, founder and research chairman of the TABB Group, gives a comprehensive view of the state of markets today with an eye toward the future. Tabb covers everything from the dangers markets face when quantitative easing ends; the decrease in IPOs; the prospect of the regulatory pendulum swinging back to less regulation; and how difficult it will…

The Concept of Basis – Gregg Doud Standard

“The beauty of this industry is, I don’t care how much artificial intelligence or how many algorithms you use, you’re still going to have to have somebody that understands where stuff is supplied, where it comes from and where it goes and the trade flows associated with it.” In this video from MarketsWiki Education’s World of Opportunity event in New York, Gregg Doud, president of the Commodity Markets Council, discussed the concept of basis and how it applies to the financial industry. According to Doud, basis is a fundamentally important concept in the world today. Doud also talked about Dodd-Frank…

Everyone Can’t Be the Best – Duncan Niederauer Standard

“If you had to name one thing that is most highly correlated with successful people, what would it be? Frankly, a few years ago, I didn’t have a great answer for it. So, the more I thought about it, I came to the conclusion that self-awareness is probably the most important thing.” In this video from MarketsWiki Education’s World of Opportunity event in New York, former NYSE Euronext CEO Duncan Niederauer discussed the importance of being self-aware, how to determine if you’re moving in the right direction, why it matters and how you’ll know if you are following the “script”….

Part 2: Next Big Trade: Richard Sandor Says Water Will Be THE Commodity This Century Standard

Richard Sandor changed the face of financial markets with the invention of interest rate futures in the 1970s and then changed the face of environmental markets with carbon markets in 2003. But he’s not done yet. Sandor, who authored his latest book called “How I Saw It: Analysis and Commentary on Environmental Finance”  told John Lothian news that water, medicine, even education are ripe for financial market innovations. And in his view, they aren’t that different. “I’m struck by how similar financial innovation is, independent of whether it’s a agricultural, financial, environmental good. They tend to be very similar if…