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Tag Archives: BlackRock

Why even bigger volatility ‘accidents’ are yet to come Newsletter,Options

Observations & Insight China’s tariffs on U.S. oil would disrupt $1 billion monthly business Henning Gloystein – Reuters China’s threat to impose duties on U.S. oil imports will hit a business that has soared in the last two years, and which is now worth almost $1 billion per month. /goo.gl/vcKWZe ****SD: It is estimated that the U.S. will dethrone Saudi Arabia as oil production king by 2019. Also in big oil news – OPEC Discusses Output Hike of Up to 600,000 Barrels a Day. In other tariff news – it might be up a smidge today, but check out the…

Filings reveal DRW’s climb into top rank of trading firms; BlackRock’s Message: Contribute to Society, or Risk Losing Our Support; Euromoney’s RISI unit raided by EU antitrust authorities John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff The CBOE is holding its press lunch today in Chicago. It is the Chicago financial press’s opportunity to ask tough questions to the CBOE management team. My money’s on the first question being about bitcoin.~JJL A few names mentioned in Bloomberg’s Bitcoin Frenzy Helps Crypto Hedge Funds Reap 1,100% Gains include: Lee Robinson, who co-founded the Altana Digital Currency Fund along with Alistair Milne; Cedric Jeanson of BitSpread Group; Manuel Anguita of Silver 8 Partners; and Daniel Masters, co-founder of Global Advisors Bitcoin Investment Fund. As always, can they keep it going?~JK Hong…

BOX Options Exchange Obliterates Status Quo with New Trading Floor Plans; Pipe Down and Enjoy the Calm; BlackRock says stock market investors are not taking enough risk Newsletter,Options

Lead Stories BOX Options Exchange Obliterates Status Quo with New Trading Floor Plans Jeff Patterson – Finance Magnates A well-defined options playing field could see some degree of a shakeup as BOX Options Exchange moves to secure a greater percentage of the overall market share. The group is planning on opening a new floor with approximately 40 human traders. Consequently, the move is being met with widespread discontent from other exchanges, many of which filing complaints or letters criticizing the ambitions of BOX. jlne.ws/2uRS2Oh Pipe Down and Enjoy the Calm Nir Kaissar – Bloomberg Investors are hard to please. They…

Traders Are Fleeing the Options Market; Wall Street frets as capital markets trading activity trails off; There’s a new front in the brutal battle between America’s stock exchanges John Lothian Newsletter,Newsletter

First Read Sad News The father of Doug Ashburn, our former colleague, passed away yesterday morning from a sudden heart attack. Doug is now at T3 Custom, a custom publishing firm. Any well wishes or condolences can be sent to him at dashburn@t3custom.com. ***** On behalf of the entire JLN team, our condolences to Doug and Nancy Ashburn and their families on the passing of Doug’s father. We will keep them in our thoughts and prayers as they deal with this sad time. ++++ Options Industry Conference Preview Part 1: Is Regulation Damaging the Options Space? JohnLothianNews.com The cost of…

Low VIX Masks Insurance Markup Options Traders Are Paying; 42% Rise for the SMLC Sentiment-Based Index That Analyzes Twitter Traffic; Finding Volatility in the US Markets Newsletter,Options

Lead Stories Low VIX Masks Insurance Markup Options Traders Are Paying Cecile Vennucci – Bloomberg Here’s another sign that beneath the surface of placid stock markets, investors aren’t exactly sound asleep. It’s the persistently high premium traders are paying for equity options, visible in the difference between implied and realized volatility in the S&P 500 Index. The gap, definable as the intangible cost of stock insurance over and above what is accounted for by the market’s swings, has now lingered for 51 trading days. jlne.ws/2lr71d6 ****SD: Volatility = rough play right now. Semi-related retail investor story below about the use…

NYSE, Former IEX Foe, Plans a Copycat Speed Bump of Its Own; MarketAxess breaks annual trading volume record; BlackRock jilts State Street, moves $1 trillion in custody assets to JPMorgan John Lothian Newsletter,Newsletter

First Read NYSE Outlines 2017 Equity Market Strategy: Intercontinental Exchange NYSE Group, part of Intercontinental Exchange, today detailed its equity markets strategy, which aims to deliver greater choice for corporate and ETF issuers and to investors by offering four unique exchange venues, including an exchange designed exclusively for small and mid-cap companies. /goo.gl/vBsDdR **** Some nice chess moves and some rebranding emphasizes the “American” aspect of NYSE’s markets. ++++ Veronica Augustsson nominated as CEO of the Year within Employer Branding Cinnober For her efforts to increase awareness of Cinnober as an employer, as well as for her commitment to various…

Candidate to Head Trump’s CFTC Seeks Revamp of U.S. Swaps Rules; Banks to Donald Trump: Don’t Kill Dodd-Frank; Silver Traders’ ‘STOP BUSTERS’ Seen as Rig Suit Smoking Gun John Lothian Newsletter,Newsletter

First Read A Note Of Thanks By Jim Kharouf Wow. Just a quick note of thanks to everyone for the outpouring of kind notes and encouragement. I’ve tried to respond to every email and note on Facebook. It is an honor to be named CEO of this company, not because of the title, but because of what John Lothian & Co. has come to represent in this industry. As a journalist in this space for 20 years, and as a journalist for more than 27 years in total, I’ve never seen a publication that connects with its readers in the…

John Lothian Newsletter: Deutsche Boerse to Seek Destiny Outside Europe If LSE Bid Fails; Deutsche Bank eyed in Treasury rigging probe; The Most Powerful Man in Banking John Lothian Newsletter,Newsletter

First Read Conflicts of Interest AboundBy John J. Lothian, JLN Several years back, maybe 10 years now, I wrote a column about all the conflicts of interest that I could think of that related to my newsletter. Today, with a more complex operation the conflicts abound, so let me add a few to the list. My son Tim will be interning at Eurex this summer in Frankfurt in their sustainability group. Tim is entering his senior year at University of Missouri, where he is studying geography. He has also taken two years of German, and this will give him an…

John Lothian Newsletter: Banker Accused of $25 Million Fraud Arose From a Gilded Legacy; U.S. judge rejects 14 banks’ bid to throw out rate-rigging lawsuit; Bats to Provide Market and Trade Data to Money.Net John Lothian Newsletter,Newsletter

First Read A Most Interesting Charity Challenge Without Cold Water By John J. Lothian I have a challenge for the readers of this newsletter that does not involve cold water, but does include a donation to the Futures For Kids charity. The week before the FIA Boca Raton International Conference news broke that Dos Equis spokesman Jonathan Goldsmith, known as “The Most Interesting Man in the World” was being replaced by the beer maker with a younger replacement. You could be the next MIMITW. Here is the plan. You need to shoot and share with us an audition video for…