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Tag Archives: BIS

Ex-Goldman Exec Pushes ’70s Fix for Bond Market’s Big Problem John Lothian Newsletter,Newsletter

Bond

First Read Hits & Takes JLN Staff The Crypto-Evolved event in New York on Wednesday still has some tickets available. In fact, you can click on THIS LINK and sign up with a 25% discount for being a reader of this newsletter. Please take a look at the promotional video we produced, starring TT’s Mike Unetich for more information on the conference.~JJL Join DePaul University for the upcoming Federal Trade Commission event: “Decrypting #Cryptocurrency Scams.” Speakers include representatives from the U.S. Securities and Exchange Commission, the U.S. Commodity Futures Trading Commission, and the Chamber of Digital Commerce. And our friend…

Central Banks Urged to Study Digital Currency Risks and Rewards John Lothian Newsletter,Newsletter

cryptocurrency dollar

First Read Hits & Takes JLN Staff Boca Bits: Today we announced in a Special Report to the readers of this newsletter that John J. Lothian & Company, Inc. has begun work on a microwiki site named CryptoMarketsWiki.com. Click HERE to see the release.~JJL Jessica Titlebaum Darmoni, founder of The Title Connection and co-founder of WILD, was on Anthony Crudele’s Futures Radio Show recently. Here is the link to LISTEN.~JJL Seismic Foundry closed its second investment on Monday with a regulation technology start-up called Enforcd, which provides a regulatory database for institutions. The platform includes news, analysis and statistics that…

Global debt understated by $13 trillion – BIS; Exchanges concerned about CAT hacking risk John Lothian Newsletter,Newsletter

First Read Hits & Takes Leslie Rosenthal, former CBOT Chairman and co-founder of RCG, has passed away. Details are below. Our condolences to the family, friends and associates of this great man on his passing. ~JJL If you would care to share a reflection on Les Rosenthal’s life and contributions to the futures industry, please email me at mailto:johnlothian@johnlothian.com.~JJL Reflections on the life of Robert Wilmouth can be found HERE. We still welcome contributions of reflections for Mr. Wilmouth as well.~JJL Over the last three weeks, the September-December E-mini Russell 2000 calendar spread traded 1 million times. Current open interest…

Fixing FX: The Currency Trader’s New Guide to Ethical Behavior; BIS Releases New Set of Standards for Currency Trading; Post-crisis regulations have had ‘adverse impact’ on bond activity John Lothian Newsletter,Newsletter

First Read CME’s CEO Is Expected to Make Full Recovery After Lung Collapse by Brian Louis – Bloomberg Company sees Duffy returning in ‘next couple of weeks’; Illness was disclosed at CME’s annual shareholders meeting CME Group Inc. Chief Executive Officer and Chairman Terry Duffy is recovering at home from a collapsed lung, according to the company, operator of the world’s largest futures exchange. /goo.gl/5ra8ll **** We all wish Terry Duffy a speedy recovery! ++++ Talent Battle: Hedge Funds vs. Silicon Valley BY LAURENCE FLETCHER AND SARAH E. NEEDLEMAN – WSJ The battle for quantitative talent has turned some of…

Investors are bracing for a massive stock-market selloff; No single factor behind sterling flash crash, BIS says; VIX Watch – Markets Not Prepared For US-China Trade War Newsletter,Options

Lead Stories Investors are bracing for a massive stock-market selloff Joseph Adinolfi – MarketWatch If options traders are correct, stocks are in for a wild ride in February. Demand for one-month call options tied to the CBOE Volatility Index, a popular gauge of stock-market volatility, has spiked in the past week, a sign that some are bracing for a sharp downturn following the inauguration of President-elect Donald Trump. jlne.ws/2jglzNX ****SD: Happy Friday the 13th everybody! No single factor behind sterling flash crash, BIS says BBC October’s flash crash in sterling was caused by several factors – including the time of…

Sterling ‘Flash Crash’ Was Caused by Myriad Factors, BIS Says; Formula for Trading on Trump Tweets Eludes Wall Street’s Best and Brightest; Transparency lessons for Washington from Wall Street John Lothian Newsletter,Newsletter

First Read ICE Moves JLN Staff The Intercontinental Exchange announced the hiring of Raymond Kahn, who will focus on ICE’s Interest Rates business. Prior to joining ICE, Kahn had his own firm, Archon Capital Advisors, with a focus on the use of blockchain technology in the post-trade and settlement space. (You can see our article here.) Before that, Kahn managed Barclay’s OTC clearing platform from its inception, as well as the FCM. This is a great hire for ICE. The exchange also re-hired Brookly McLaughlin as senior director, marketing and public affairs. Some solid and interesting moves by ICE so…

The Voice: Green Key Technologies Is Turning Your Brokerage Voice Into Valuable Data; CEO Christensen Says Voice Brokerage Is Far From Dead, And The Conversations Gleaned Could Be Transformational For Firms Exchanges, OTC & Clearing,Feature,Interview,Mwiki,ReformWiki,Regulation,Regulation & Enforcement,Tech / HFT,Video

In today’s financial markets, the conversation is most often about electronic trading, high frequency trading, complex orders via algorithms and so forth. Yet, for the $492 trillion global OTC derivatives markets as well as block and listed markets, firms still conduct business over the phone, person-to-person, a practice which is now availing itself to new technology in compelling ways. Paul Christensen, who started as CEO of Green Key Technologies in March, told John Lothian News that phone transactions for certain markets is “a much higher quality way of communicating.” As such, technology firms are seeking ways to harness the value…