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Category Archives: John Lothian Newsletter

The John Lothian Newsletter provides news and commentary about the global exchange traded derivatives, securities, environmental and related OTC markets. The daily email intelligence briefing and companion blog are edited by and .

Bitcoin’s Trading Star is DRW’s Cumberland Mining; Itiviti and ULLINK announce tie-up; BoE chief on LSE row Standard

First Read Hits & Takes By JLN Staff DRW’s cryptocurrency division is called Cumberland Mining & Materials LLC., named after the Grateful Dead song “Cumberland Blues,” about a hardworking miner, according to today’s Wall Street Journal story. ~JK Fun fact: In the first three quarters of 2017, $2.774 trillion of MSCI Index-based futures and options traded globally. That’s nearly 50 percent more than the first three quarters of 2016.~SD Care to express your views on cryptocurrencies without trading them? Apparently, you can buy ugly crypto holiday sweaters now (and yes, the checkout supports cryptocurrencies). Visual Capitalist has a cool infographic…

Index Providers Rule the World; Unknown traders gain influence in commodities; Beijing is Making Its Most Serious Effort Yet to Tackle Its Financial-System Issues Standard

First Read Hits & Takes The Canadian Annual Derivatives Conference is November 27-29 in Quebec City. Blythe Masters will be a keynote speaker.~JJL Seismic Foundry website is now live.~JJL OPEC’s next meeting is this Thursday. Bantix Technologies, the provider of the Quikstrike options analytics suite, has a blog laying out everything you need to know about the upcoming meeting.~SD Ever wonder when charts became such a standard part of news presentation? Priceonomics has a blog covering the origins of charts and graphs. Scottish political economist William Playfair is credited with creating the modern statistical chart in the late 1700s.~SD Nasdaq…

ICO regulation inconsistent as cryptocurrency bubble fears grow; CFTC Chief Works to Tweak, Not Decimate, Obama-Era Rules Standard

First Read Hits & Takes By JLN Staff To those who celebrated Thanksgiving yesterday, get outside and stretch your legs today, the deals for Black Friday can wait. ~JJL Chuck Mackie of Maven Wave has recapped the CME Group‘s GFLC in a blog post. ~JJL On Tuesday, November 28, the OCC’s Caroline Gillard is moderating a luncheon sponsored by FCS Chicago focusing on marketing to women. The lunch panel includes Jessica Titlebaum Darmoni, Jennifer Bennethum Burns and Allison Engel, and is the organization’s final luncheon topic for 2017. This will be the first time the FCS has hosted one of…

Warning Signs About Another Giant Bitcoin Exchange; Wealth Managers Are Being Inundated With Calls About Bitcoin Standard

First Read Why ISPs Are About To Spoil Your Thanksgiving Dinners Food For Thought on Net Neutrality Repeal By Jeff Bergstrom, JLN Yesterday it was announced the F.C.C. plans a net neutrality repeal. This is not a particularly new story. The telecoms have been working towards this for years. But now it seems they are about to achieve their goal and that is not a good thing unless you are a major investor in telecom stocks. It is a truism that the last thing anyone should talk about over Thanksgiving dinner is politics. We all have that crazy uncle who…

Deutsche Boerse says about 20 banks join its clearing programme; Goldman Sachs has struck a deal with Bloomberg to help its stock trading business; CME says bitcoin futures coming this year, but date not set Standard

First Read Hits & Takes By JLN Staff My former employer from my First American Discount days back in the 1980s, William Mallers, Jr., opined on a recent email exchange he had with me about bitcoin on the Coindesk website. Bill has traded bitcoin since 2013 and is a big supporter of the crypto-currency. ~JJL NFA was named among the Dave Thomas Foundation for Adoption’s Top 100 Adoption-Friendly Workplaces in 2017. ~JJL The market cap of all companies listed on HKEX’s #HK markets hit $33.5 trillion today, setting a new all-time record. ~JJL HKEX is sponsoring “Realising the China Opportunity”…

Blockchain Gets a Wall Street Win; Banks prepare to settle with Brussels over forex cartel probe Standard

First Read   Hits & Takes By JLN Staff Do you have a nomination for the Public Representatives for NFA’s Board of Directors? NFA is now taking nominations. ~JJL CME Group has updated their most popular whitepaper with the latest data and an all-new section comparing Treasury futures to Treasury notes.~JJL The United Church of Christ’s United Church Fund has modernized their exclusionary screening process. They have kept exclusions of Coal and Tar Sands Oil, Tobacco and Nuclear Weapons. They have added Firearms, Private Prison Operators, Human Rights and Environmental Impact as considerations. Here is a video about it. ~JJL…

New Deutsche Boerse chief; Bank bond-rigging case; Americans don’t know why they buy Bitcoin Standard

First Read WILD Women Make Sound Investment Decisions; Women will have $22 trillion of investing wealth by 2020 By Sarah Rudolph – JLN Managing Editor Now that women actually have their own money, they – like men – need to know how to make it grow with savings and investments. Women are projected to have $22 trillion of the investing wealth by the year 2020 – they had better know what to do with it. Women in Listed Derivatives (WILD), which has become well known for its efforts in the advancement of women in the financial industry, brought together another…

US Treasury dealers accused of collusion; Bitcoin futures face safeguards; EEX acquires 100% of Powernext Standard

First Read FANG+ Puts the UMPH Back into the Markets and Exchange Competition By John Lothian – JLN Hallelujah! The magical power of innovation from exchange competition in Chicago is alive and well after a noticeable absence. The NYSE FANG+ index at ICE Futures US is the most innovative and timely new contract I have seen since the Cboe introduced the VIX. Besides the FANG+ contract, we have the expectation of the CME Group and Cboe slugging it out later this year with competing bitcoin futures offerings. Earlier this year we had the CME Group reclaim the Russell index complex…

Deutsche Boerse Said to Favor UniCredit’s Weimer for CEO; Junk Bond Sell-off; Virtu’s Viola warns of clearing house risk Standard

First Read Hits & Takes By JLN Staff ICE announced a number of management team promotions today, including: Charles A. Vice has been named vice chairman, with continued responsibility for ICE’s global technology, information security and operations. He was previously president and chief operating officer, and has been with ICE and its predecessor company for more than 23 years. Press release here.~SR Click here for yesterday’s JLN Options newsletter.~SD See the latest thought leadership piece from Steve Grob of Fidessa, titled “Loophole lunacy” HERE.~JJL Asia Pacific Financial News from John Lothian News – November 14, 2017~JJL It appears there has…