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Tag Archives: ASX

Beware of an Eclipse Crash; London ‘hemorrhaging talent’; City brokers ramp up reg prep John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff We have added some color to MarketsWiki to highlight the original content of John Lothian News. This is part of an ongoing review of our sites relative to current best practices in website design,newsletter offerings and social media innovation.~JJL A recent innovation by the CFTC is publishing podcasts on their website hosted by CFTC market intelligence head Andy Busch. A recent one featuring an interview with CFTC Chairman Christopher Giancarlo received over 1000 downloads from over 25 countries. The latest podcast features an interview with Chief Investment Strategist Sam Stoval. All the…

Freakish Peace Envelops Bull Market as Eighth Year Rolls By; While Donald Trump may have stocks up, some hedge funds managers are bracing for a selloff; Fed Takes Fear Out of Markets as Volatility Plunges in Bonds, FX Newsletter,Options

Observations & Insight Long-Time Options Industry Leader Gina McFadden is First Woman to Receive 2017 Sullivan Award OCC OCC, The Options Industry Council (OIC) today announced that Gina McFadden, a long-time leader in the U.S. listed equity options industry, will be the first woman to receive the 2017 Joseph W. Sullivan Options Industry Achievement Award. This award is given to individuals in recognition of outstanding contributions to the U.S. options industry. The award will be presented at the 35th Annual Options Industry Conference on May 12 in Scottsdale, Arizona. jlne.ws/2mYvRoO ****SD: Congratulations! She is also our MarketsWiki Page of the…

Now Even the Fed’s Worried That Stock Volatility Is Too Low; Growth in U.S. Listed Options Volumes Hinges on Sustained Market Volatility in 2017; Only ‘Blind Faith’ Could Cause Me to Be Long This Market Newsletter,Options

Observations & Insight Bits & Pieces By John J. Lothian William “Bill” Hagerty, Jr., former chairman of the Chicago Board of Trade and one of the industry’s great gentlemen, has passed away at the age of 87. Bill was the head of what was once the longest tenured member firm of the CBOT, Hagerty Grain, and was a customer of mine when I was a broker. From that relationship I had the opportunity to get to know Bill and came to respect him greatly. When I ran for the NFA Board of Directors back in the early 2000s as an…

Hunting for Dirty Deeds in the $34 Trillion U.S. Futures Market; Clearing houses saddled with ‘too-big-to-fail’ tag; ASX’s blockchain may mean job losses John Lothian Newsletter,Newsletter

First Read Odds & Ends Jim Kharouf, JLN A busy day around Chicago yesterday. FIA held its Washington update lunch, where FIA President and CEO Walt Lukken told the audience that the pendulum on regulation is shifting back. He is hopeful that the new administration will adopt its recommendations for: smart regulation, open access to global markets and a focus on innovation from regulators. How this all comes about is still to be determined. We will have more from Walt soon on all three topics. Later in the day, I checked out the new trading platform from TastyTrade at the…

The Most Popular Stories of 2016 on JohnLothianNews.com Blog,Commentary,Exchanges, OTC & Clearing,Feature,Fintech,Investing & Trading,Mwiki,Regulation,Regulation & Enforcement,video

As we end 2016 we should all stop in at Ceres in the Chicago Board of Trade Building for a stiff drink and to shake the hand of Billy Assimos. He was the focus of the most read story on www.johnlothiannews.com in 2016, according to Google Analytics. Sarah Rudolph penned the story, “Billy Assimos, the Face of Ceres” in June of this year. Assimos is the longtime manager of Ceres, a restaurant and bar in the CBOT Building, and a friend of many. I guess it pays to serve the stiffest drinks in Chicago. Coming in second place was Jim…

Head East: TT’s Robbie McDonnell Sees Opportunity In Asia As Never Before Asia/Pacific,Blog,Commentary,Exchanges, OTC & Clearing,Feature,Fintech,Mwiki

It’s gonna be a good year after all for Asia’s markets. Robbie McDonnell, Trading Technologies’ executive vice president of global sales, who returned to Asia full time in recent months, said the region got a nice volume bump in November but the real growth is soon to come for a region that is implementing new technology, new partnerships and more ways to increase trading flows East to West. Let’s start with the numbers, as 2016 was shaping up to be a down year for Asian derivatives markets. The Asia-Pacific group of exchanges as a whole were down 8.6 percent over…

Multi-Asset Trading Now in Vogue for the Buy Side?; Exploring the Rare Action in the S&P 500 Put / Call Ratio; Bets surge on WTI playing catch-up with Brent price Newsletter

Observations & Insight EDITOR’S NOTE: JLN Options is happy to have Henry Schwartz, President of Trade Alert, as a guest editor this week. Building Blocks Henry Schwartz – Trade Alert The flip side of smart-routed sweeps we discussed yesterday is high-touch institutional block trading. While fragmentation and automation are primary features of our market at the exchange level, hedge funds and pension managers care very little about maker-taker fee models and rebates – they simply want efficient executions and a smooth trading experience. Today’s chart breaks total single-stock option volume by order size. The top line is 10 lots and…

ASX Gets Technical: ASX deputy CEO Peter Hiom Talks About New Trading Platform And Pioneering Into Blockchain Blog

ASX deputy CEO Peter Hiom has a long technology checklist these days. The stock and derivatives exchange is transitioning to a new trading platform from Cinnober. It is also looking to be among the first exchanges to implement blockchain technology as part of its equity clearing facility, perhaps in the next few months. John Lothian News spoke with Hiom last month at the FIA IDX conference in London about the next steps for the exchange. Q: Let’s look back over the past year. What has ASX been working on? A: A lot of our focus has been on technology. We’re…

John Lothian Newsletter: CFTC Proposes Measure to Keep Futures and Swaps User Collateral Safer; Regulators say bitcoin poses ‘financial stability risks’; 7 major financial institutions join forces to develop blockchain infrastructure for SME post-trade John Lothian Newsletter,Newsletter

First Read Bits & PiecesJLN Staff We are a day away from the big U.K. referendum to decide whether or not Britain should remain in the European Union. Have you participated in any of the numerous pre-vote polls out there? Well, here’s your chance, compliments of our friends at Trading Technologies. Click HERE to play. In the demographic survey we conducted earlier this year, one of the questions asked participants whether they would be interested in joining a focus group to help advise us on some elements of our newsletters and sites. Later today we are asking the focus group…