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Category Archives: Commentary

Commentary from the John Lothian News staff and guests editors.

Notes from Consensus – Day 3 and Recap Standard

Consensus ended with a short, half-day of sessions on Wednesday, but the energy and number of participants was not diminished in the slightest. In fact, you might have thought that they were giving jobs away for free by the number of bright, young (and some old) faces that bustled at the afternoon job fair. Unlike a run-of-the-mill industry conference, where attendees linger more as a sign of duty, those at Consensus were energetic and boldly inquisitive. If only one in a hundred does well, that will be 85 new crypto millionaires out to make the world a better place. The…

Crypto Markets News from John Lothian News – May 15, 2018 Standard

crypto markets update 2

Notes from Day One at Consensus By Chuck Mackie – JLN If you had any doubts about the swelling surge of interest in cryptoassets, you only had to try and check in to [[https://www.coindesk.com/|Coindesk’s]] [[https://www.coindesk.com/events/consensus-2018/|Consensus conference]] in midtown Manhattan around mid-morning on Monday. The line snaked its way back and forth through the 2nd floor lobby, down the escalator and out of the front door of the hotel, and it took up to two-and-a-half hours for the reported 7,700 attendees to check in for the event. Consensus began four years ago with 500 true believers in attendance, grew to 1,500…

Notes from Day One at Consensus Standard

If you had any doubts about the swelling surge of interest in cryptoassets, you only had to try and check in to Coindesk’s Consensus conference in midtown Manhattan around mid-morning on Monday. The line snaked its way back and forth through the 2nd floor lobby, down the escalator and out of the front door of the hotel, and it took up to two-and-a-half hours for the reported 7,700 attendees to check in for the event. Consensus began four years ago with 500 true believers in attendance, grew to 1,500 in 2016, reached 2,800 last year, and was up 275 percent…

Notes from The Trading Show Chicago 2018 Standard

Terrapinn’s Trading Show has established itself as a sure sign of spring in Chicago, and while the past few years have found the event swinging heavily to a focus on the technology side of trading, including chips, servers, databases and connectivity, the 2018 edition of the show had a strong leaning towards…you guessed it: cryptocurrencies. Everywhere you go in financial markets in 2018, bitcoin and other cryptocurrencies are sure to be there. The exhibitors at the conference still skewed to the hard technology side (let’s face it, all of trading is touched by technology at this point) but the open…

Chicago Venture Capital Firms Are Funding Fintech Standard

Chicago may not be doing as well as some other cities in certain areas, but it is leading the charge in technological innovation in the financial world and in the crypto world. Several Chicago-based venture capital companies took part in a panel on financial innovation moderated by Chuck Mackie, consultant at Maven Wave Partners and contributing editor to John Lothian News, at The Trading Show Chicago on Thursday. DRW works with companies on development in the later stages. Its Digital Asset Holdings venture, headed by Blythe Masters, is building a database to speed up trading, clearing and settlement using blockchain…

CME Adds to Interest Rate Arsenal with Eris Licensing Deal Standard

The CME Group just moved even closer to its goal of becoming a one-stop shop for all things related to interest rates. CME and Eris Exchange entered into an exclusive licensing agreement Thursday allowing CME to list Eris’s USD Interest Rate Swap Futures. Eris still retains the intellectual property underlying the contract. “This news for us is a really big deal for the adoption of the Eris product globally,” said Eris Exchange CEO Neal Brady. “It just clears away a whole host of obstacles in people further adopting the product.”   But more than just removing obstacles for Eris, the…

CQG Creates a Chief of Staff Position; Names Alli Brennan to Role Standard

CQG has created a new position to help execute their strategic business plan. The position is chief of staff, and for that position they selected Alli Brennan. She started in that role on May 1. Brennan’s rise at CQG is a product of her strong leadership skills, industry understanding and a knack for integrating data into the decision making process. She is not a seat of the pants manager, but a data driven change agent who understands the markets and the industry. “Alli will be responsible for the execution for our strategic business initiatives and to help align everyone around…

Crypto Regulation Is Just Getting Started Standard

One thing is certain about regulation of cryptocurrencies and other digital assets. We’re in the earliest of stages. And we’re caught between industry participants clamoring for clarity and regulators taking varied and measured approaches. It’s an awkward time for this markets as new ideas and uses for initial coin offerings range from the next great financial payment system on blockchain to the world’s first blockchain toothbrush that lets you mine coins by brushing your teeth. Last month, the Institute For Financial Markets hosted its second Smart Regulation Roundtable event, Implications of Cryptocurrencies, which covered just where we are and where…

Innovation in Distributed Markets Comes to Navy Pier Standard

The Chicago Blockchain Center and BTCMedia brought Distributed Markets to Chicago’s Navy Pier on Monday and a sizable audience was treated to myriad examples of how far cryptoassets have come and how many dynamic and potentially revolutionary efforts are happening right now. While there are still many cases of “innovation theater” and “pilot purgatory” (terms lifted from event panelists) as well as the fundamental question as to whether or not individual cryptocurrencies are worth their valuations, there are just as many serious commercial success stories, intriguing use cases, and promising paths forward to validate the hype. This was demonstrated right…