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Author Archives: Spencer Doar

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Graduate of University of Minnesota School of Journalism and Mass Communication

JLN Options: Worried markets brace for volatile October; Uncertainty is the Watchword for Global Markets; Risky Strategy Sinks Small Hedge Fund Standard

Observations & Insight A Leg To Stand On: Power To Help Rich Hansen To all that care: Power. The power to hurt, the power to ignore, the power to help. It comes in so many forms and is used in so many ways. Many people don’t even consider how much power they have in most given situations. And, of those people who do, very often they make the choice to use their power to ignore what is happening by not getting involved, by not lending a hand – even when it takes very little effort. We can often think of…

JLN Financials: McKinsey warns banks face wipeout in some financial services; Market Moves That Aren’t Supposed to Happen Keep Happening – U.S. Treasury Edition; IMF chief warns of ‘disappointing’ growth Standard

First Impressions Spread the Word; Grow the Pie By John J. Lothian How can you help this industry grow and help make the markets more dynamic? The answer is easy. Help us fill up our FREE London events on October 14 and 15 and help us attract and bond as an industry with the next generation of industry professionals and participants. We need the energy, intellect and perspective of young people to help our markets grow. You can help by passing along our event information (HERE), and strongly recommend young people you know in London, or those who may be…

JLN Options: Volatility Is Just a Fad for Buy-the-Dip Believers as VIX Surges; China ETF options traders braced for more pain; Stock Gains Trim Quarter’s $11 Trillion Rout as Bonds, Yen Drop Standard

Observations & Insight Spread the Word; Grow the Pie By John J. Lothian How can you help this industry grow and help make the markets more dynamic? The answer is easy. Help us fill up our FREE London events on October 14 and 15 and help us attract and bond as an industry with the next generation of industry professionals and participants. We need the energy, intellect and perspective of young people to help our markets grow. You can help by passing along our event information (HERE), and strongly recommend young people you know in London, or those who may…

JLN Financials: IMF warns of new financial crisis if interest rates rise; US junk bonds cracking after debt binge; With Glencore, Commodity Rout Beginning to Look Like a Crisis Standard

First Impressions Joseph Niciforo, HC Technologies – Profiles in Risk: Vision and Discipline JohnLothianNews.com “If you don’t have disciplined risk management, you’re not going to be in the game.” After earning a law degree in 1988, Joe Niciforo turned down a six-figure offer to join a big law firm, opting instead for a salary at 30 percent of that number, to work as a trader for the legendary Paul Tudor Jones II. He would eventually become a partner and managing director at Tudor Investment Corp, but his trading career almost got cut short once when he violated his own risk…

John Avery, SunGard – Financial Technology: An Innovative Career Choice Standard

“The cost to comply with all of that [post-2008] regulation has actually forced firms to reduce what they spend on revenue generating opportunities… That’s created a situation where revenue growth hasn’t been as dramatic or as aggressive as it has been in the past.” From incubators to hackathons, from the buy-side to the sell-side, fintech is consistently finding new places and avenues to develop. For John Avery of SunGard, that represents an opportunity to find technological solutions to industry-wide problems — the sort of redundant occurrences that drain a company’s coffers and employees’ time that could have been spent on…

JLN Options: Biotech dread like nothing in four years as monthly options soar; Markets struggle to quantify risk of historic shocks; CBOE sets October 20 for Russell 1000 launch Standard

Observations & Insight Joseph Niciforo, HC Technologies – Profiles in Risk: Vision and Discipline JohnLothianNews.com “If you don’t have disciplined risk management, you’re not going to be in the game.” After earning a law degree in 1988, Joe Niciforo turned down a six-figure offer to join a big law firm, opting instead for a salary at 30 percent of that number, to work as a trader for the legendary Paul Tudor Jones II. He would eventually become a partner and managing director at Tudor Investment Corp, but his trading career almost got cut short once when he violated his own…

JLN Financials: The New Bond Market – Big Buyers of Corporate Debt Are Other Corporations; France signals EU treaty change to avert Brexit, warns on euro survival; Boehner’s exit fans Wall Street fears Standard

First Impressions Bürgenstock Revisited, Again John J. Lothian in Geneva, Switzerland The SFOA‘s Bürgenstock conference concluded Thursday without fanfare and without its CEO present. A sparsely attended lunch was the last event on the docket. SFOA CEO Daniel Day-Robinson was reportedly in the hospital after falling ill Thursday morning of an unknown ailment. The conference reportedly attracted some 140 participants and some 40 regulators for a parallel program, according to SFOA sources. There was some cross pollination of the regulators with the regular program, but not much, which was disappointing. There was a moment of silence at the beginning in…

JLN Options: Gold Bears Grow Weary as Options Ratio Drops to Three-Year Low; Football Sponsorship Frenzy Continues — Option888 Signs With Bologna FC; Don’t Blame El Nino – U.S. Weather Impact Won’t Show Up for Weeks Standard

Observations & Insight Bürgenstock Revisited, Again John J. Lothian in Geneva, Switzerland The SFOA‘s Bürgenstock conference concluded Thursday without fanfare and without its CEO present. A sparsely attended lunch was the last event on the docket. SFOA CEO Daniel Day-Robinson was reportedly in the hospital after falling ill Thursday morning of an unknown ailment. The conference reportedly attracted some 140 participants and some 40 regulators for a parallel program, according to SFOA sources. There was some cross pollination of the regulators with the regular program, but not much, which was disappointing. There was a moment of silence at the beginning…

JLN Financials: High-frequency traders are now dominating another huge market; Janet Yellen Says Fed Interest Rate Increase Still Likely This Year; The New Bond Market – Algorithms Trump Humans Standard

First Impressions Lively “Crossfire” Panel of Exchange Leaders Opens SFOA Burgenstock 2015 Sarah Rudolph – JLN The 2015 Burgenstock SFOA conference in Geneva kicked off with a lively discussion on “Crossfire,” the well known panel hosted for many years by Patrick Young, the editor of ERivatives Review. The panelists were Phupinder Gill, CEO of CME Group, Chitra Ramkrishna, CEO of the National Stock Exchange of India, David Peniket, president and COO of ICE Futures Europe, Magnus Billing, the president of Nasdaq, and Christian Katz, the former CEO of Six Swiss Exchange and former president of FESE. The panel was at…