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Tag Archives: ASX

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…

John Lothian Newsletter: National Stock Exchange relaunches, aims to shake up U.S. industry; ASX eyes ‘blockchain’ for risk management of market trades; OPEC Sees Demand for Its Crude Oil Falling for Rest of Decade John Lothian Newsletter,Newsletter

First Read MF Global Advocate Koutoulas At Center Of Controversy Again By Mark Melin – Value Walk Until recently, the derivatives industry was most often ignored, overlooked and dismissed as too complex or arcane to warrant attention in the mainstream. For many who worked deep in the industry, this was just fine. They didn’t seek the limelight or public acclaim. But scandals such as the $1.6 billion disappearance of funds in the MF Global case and a stunning if oddball fraud and suicide attempt at Peregrine Financial Group (PFG) put the industry and its regulators into the limelight. Now that…

John Lothian Newsletter: Australian exchange launches technology overhaul; CFTC Reviews Retail Forex-Trading Rules Following FXCM Debacle; Global Oil Layoffs Exceed 100,000 John Lothian Newsletter,Newsletter

First Read Bubble Talk: Jose Scheinkman and the CME Group-MSRI Innovation Award Seminar JohnLothianNews.com On Monday morning, February 9, 2015, the CME Group-MSRI Prize in Innovative Quantitative Applications was awarded to Jose Scheinkman, economics professor at Columbia and Princeton Universities and one of the world’s leading experts on financial modeling. Since much of his recent work is centered on friction in the financial markets, Monday’s award ceremony was preceded by a seminar titled “Bubbles in the Markets: Why Do They Form, When Do They Burst?” At the conclusion of the ceremony, Prof. Scheinkman sat down with John Lothian News editor-at-large…

John Lothian Newsletter: Germany, France seek to revive transaction tax plan; CME Group and ASX in talks over clearing link; EU lawmakers delay money market, benchmark rules John Lothian Newsletter,Newsletter

First Read Brand New: Craig Donohue takes the reins at OCC JohnLothianNews.com In January, Craig Donohue returned to the financial industry as the new executive chairman of the OCC, the world’s largest clearing house. Donohue, who stepped away from the financial markets after 25 years and the CEO post at the CME Group, spoke with Jim Kharouf, editor-in- chief of John Lothian News about why he took the job, governance issues at the organization as well as where the OCC may be heading next. Watch the video » ++++ In Case You Missed It – JLN Managed Futures John Lothian…

John Lothian Newsletter: Australia exchange to tap SE Asia market; SIP Up for Bid; U.S. securities watchdog to monitor off-exchange stock trading John Lothian Newsletter,Newsletter

First Read Open for Business: Tech Drives the Transition to SEFs JohnLothianNews.com The Swap Execution Facility was given life by the Dodd-Frank Act. After three years of meetings, rule proposals comments, and more meetings, the final SEF rules were published by the CFTC in mid-2013 and trading has commenced on 18 registered SEFs. John Lothian News attended SEFCON IV and interviewed a dozen of the leading SEF operators, regulators and other participants to bring you this three part series on SEF regulation, the changing market structure and the new technology required to make it all happen. Part three of the…

John Lothian Newsletter: Banks Consider New Corporate-Bond Trading Network; CME Group hears complaints, may tweak planned fee hikes; ASX System Error Forces Chi-X to Delay Start of Auction Product John Lothian Newsletter,Newsletter

First Read Timothy Lothian Takes a Stand as an Eagle Scout Yesterday my Boy Scout Troop and family held an Eagle Court of Honor for my son Tim. It was was quite an affair of family, friends, scouts, scouters and lots of memories. It was just like holding a wedding, but without the other side. Part of the tradition in our Troop, when a Scout is so honored at an Eagle Court of Honor, is for the Eagle Scout to give a gift to the troop. In our troop, each Scout gives a flag to the troop which has significant…