Breaking News

Tag Archives: Bill Brodsky

Bitcoin options exchange raises $11.4 million in funding; Bill Brodsky – A Towering Figure in Options; Commodity Traders Have a Really Big Problem Newsletter,Options

Observations & Insight It’s all in the follow through Jim Kharouf, JLN This week, we are continuing our rollout of video interviews from the Options Industry Conference. Today we feature Gina McFadden, the first woman to receive the esteemed Joseph W. Sullivan Options Industry Achievement Award for her decades of education work at the Options Industry Council. We’ve also posted engaging interviews with industry leaders, Steve Crutchfield, head of market structure with CTC in Liquidity Providers Unduly Penalized By Capital Rules: CTC’s Crutchfield and got a state of the options industry review from Henry Schwartz, president of Trade Alert, The…

VIX Surge Is Unwelcome Lesson in Duplicity of Volatility Wagers; The Volatility Buyer Known as ’50 Cent’ Just Had a Huge Payday; Don’t Fear The Fear Gauge Newsletter,Options

Observations & Insight CBOE Celebrates Exit of Long-tenured Employees at Chicago Gala By John J. Lothian The CBOE held a gala event at the Aon Grand Ballroom at Navy Pier in Chicago last night to celebrate the long and successful careers of several key employees whose tenure dated back to the nascent years of the exchange. Among those honored were Ed Provost, Philip Slocum, Thomas Knorring, Gerald O’Connell, Thomas Brady, Debra Peters and former chairman and CEO Bill Brodsky. Over 200 years of experience in the world’s first and leading options exchange will retire or move on with the CBOE…

Deutsche Börse investors take aim at chief over failed LSE deal; CFTC looks to modernise with FinTech plan; John Lothian Newsletter,Newsletter

First Read CBOE Celebrates Exit of Long-tenured Employees at Chicago Gala By John J. Lothian The CBOE held a gala event at the Aon Grand Ballroom at Navy Pier in Chicago last night to celebrate the long and successful careers of several key employees whose tenure dated back to the nascent years of the exchange. Among those honored were Ed Provost, Philip Slocum, Thomas Knorring, Gerald O’Connell, Thomas Brady, Debra Peters and former chairman and CEO Bill Brodsky. Over 200 years of experience in the world’s first and leading options exchange will retire or move on with the CBOE closed…

How Do You Save the Capital Markets? Blog,Commentary,Exchanges, OTC & Clearing,Mwiki,Options,Politics,ReformWiki,Regulation,Regulation & Enforcement

Kennedy Looks to Lead Market Revamp Kevin Kennedy is my new hero. The senior vice president and head of equity options, on stage at the Options Industry Conference last week, spoke about taking the lead on a new initiative to change the existing financial and regulatory structure for financial markets. And he urged the other exchange executives from the other four major options markets to join him. In today’s political environment, it takes courage for someone to stand up and say they want to fix the financial markets so they stay the envy of world capital markets.  And there is…

Two Sigma Agrees to Buy Interactive Brokers’ Options Market-Making Arm; Markets Are Doing Nothing, and Investors Have Nowhere to Hide; It’s not just the VIX – low volatility is everywhere Newsletter,Options

Observations & Insight Bits & Pieces By John J. Lothian Four JLN team members are out in sunny Arizona for the Options Industry Conference, which gets underway officially today. Jim Kharouf, Spencer Doar, Jeff Bergstrom and Patrick Lothian are covering the conference for JLN and will be conducting interviews, including with option exchange leaders. Our coverage so far has included a two-part preview interview with OCC Executive Chairman and CEO Craig Donohue. They can be seen here and here Across the pond, Patrick Thornton-Smith has left Duco and the City and has signed on as a non-executive director with Cult…

Bill Brodsky’s Pioneering Career: An Industry Innovator Looks Back Feature,Video,video

Bill Brodsky has been a fixture of the derivatives markets for the better part of 50 years — at the (then) American Stock Exchange, CME and CBOE. He recently stepped down from the CBOE after two decades as the CEO and then chairman of the exchange. At each stop, Brodsky ushered in periods of change. He helped put AMEX on the options map in the ’70s; oversaw the launch of the electronic trading system Globex and of options on futures as CEO of the CME; and as CEO of the CBOE, took the exchange public and helped the birth of…

Maker or Taker? Blog,Commentary,Feature,Mwiki

“Maker – Taker” is a market model that rewards market participants for offering liquidity – “making” – and penalizes them for “taking” market liquidity.   Many makers are also takers. It is the way of the markets, and the way of the world.   Are you a maker, or a taker? It is a good question to ask. While we all do both, it is our outlook that defines whether we are makers or takers.   For example, are you a market participant who just goes home at the end of the day, or do you find a way to…

Telling the Story Blog,Commentary

  We need you to tell a story and help us fill up our MarketsWiki Education World of Opportunity events in Chicago and New York. We love to tell stories. People in this industry are always telling stories about the markets. We replay the day’s trading with our fellow traders or friends. We tell strangers about the amazing things that happen in the markets. Everyone talks about some market event or action – even cab drivers sometimes, according to industry lore. Those events, that market action and happenings, and the stories, have attracted thousands of young people into our markets…

MarketsWiki Education Website Launched Blog

MarketsWiki Education

Education Events & Videos from John Lothian News John Lothian News is pleased to announce the launch of the MarketsWiki Education microsite (http://education.marketswiki.com), which will be the home to announcements and information about John Lothian News educational events and videos from the same. The inaugural entry on the site is a video from last July’s MarketsWiki – World of Opportunity  Intern Education Series featuring the new CEO of Trading Technologies, Rick Lane. Lane was among 31 speakers at last summer’s educational series held at the CME and CBOE in Chicago. We also have launched a private LinkedIn group called MarketsWiki…