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Tag Archives: Bloomberg

Downey’s Money.net Takes FIA Innovator Award Fintech,Video

Market data and information service looks to disrupt the Bloomberg and Reuters space with new ultra-low priced offering The winner of the FIA’s first ever competition for Innovator of the Year at the 2016 Expo in Chicago was Money.net, which was chosen by a panel of industry experts from 18 finalist companies picked from a larger group of fintech applicants. The company, started in 2014 by CEO Morgan Downey, aims to provide the same type of market information as Bloomberg and Reuters for 1/15 of the cost. Money.net is trying to disrupt the market information space, which pulls in $26…

CHX: Ownership Matters Blog,Commentary,Feature

Chicago Stock Exchange Seeks Transformation in New Owners and Trading Processes With over 50 venues in the U.S. to execute trading of shares of stock, the Chicago Stock Exchange (“CHX”) unfortunately only stands out for its being overlooked. Its management seeks to change that with an ownership overhaul, trading technology process innovations and a push back into listings that could attract Chinese companies, among others. Like a little brother who gets forgotten in a big family, CHX is fighting for attention with its plans. Many of its current owners have stakes in other trading venues that bring higher margins to…

Data and Fintech Rocking the Free World Blog,Tech / HFT

(Editor’s Note – Scroll down to see the entire story. To see the full layout and design: click HERE.)

FinTech Exchange Chicago Gets Democratic Blog

FinTech Exchange Chicago 2015, hosted by Barchart, was held on April 23 and featured a host of great speakers. Scroll down to see the “Best of the Lightning Round” video, or several of the full presentations. To see the full layout and design: click HERE.

FinTech Chicago Gets Democratic Blog,Tech / HFT,Video

Today’s financial technology dialog is often about a word you don’t usually associate with it – democracy – bringing software, data, reporting, testing and trading to the masses. And it’s not just one size for everyone – its customizable too. At the FinTech Exchange 2015 Chicago event, 13 firm executives spoke during its lightning round and one prevailing theme was the shift in technology from “tools you can use” to “tools that help you design what you want.” Drew Shields, director of product management at Trading Technologies, said that his firm is more focused on using a variety of technology…

John Lothian Newsletter: Hillary Clinton Said to Hire Former Wall Street Cop as Campaign CFO; BATS to Launch Second U.S. Options Exchange; FINRA Board Approves Changes to Communications With the Public Rules, Trading Activity Fee John Lothian Newsletter,Newsletter

First Read Tech Surge: Nasdaq’s Lars Ottersgard on New Developments in the Technology Space JohnLothianNews.com Nasdaq, the world’s first electronic stock market, is almost synonymous with technology, from listings to licensing. John Lothian News spoke with Lars Ottersgard, head of market technology at Nasdaq OMX, at FIA Boca, about what they are providing to marketplaces, brokers, and corporates, and the areas of growth he sees in the tech sector. Watch the video » ++++ A Note of Thanks Ray McKenzie, Pegasys Trading Systems We here at Pegasys Trading wanted to thank all of the attendees at our launch party last…

Bloomberg Gets a Newsroom Boost Blog,Commentary

The newest star of the hit HBO series The Newsroom is not a geek, nor a brainy/hottie actress,  nor a former workout video star who made controversial choices during the Vietnam War era. The newest star is the Bloomberg terminal. I am a big fan of the show from Aaron Sorkin about a fictional news organization. I love the star Jeff Daniels, the snappy dialogue, though there is a bit too much gender related tension in the show.  But hey, it is cable, so that is expected.   This was not a product placement, according to Bloomberg, but a partnership…

John Lothian Newsletter: Euronext sees regulatory backing for spin-off in Feb; Bloomberg Leads SEF Market Share; Exporting U.S. Rules for Foreign Banks John Lothian Newsletter,Newsletter

First Read Financial Reform Remains a Work in Progress SIMON JOHNSON – NYTimes.com Of all the arguments put forward by big banks and their allies in recent years against financial reform, the line that surfaced last week was arguably the most strange. Wall Street has been reformed, according to this view: There was a great battle, and we (the big banks) lost. There is, consequently, nothing more to do. jlne.ws/1eUZhpr ***** Battles are won and lost, but the war continues; forever. ++++ AlphaMetrix: We did nothing wrong! Ginger Szala & Edited by Kristin Fox | AllAboutAlpha On Dec.24, 2013, AlphaMetrix…

Managed Futures Bloomberged, Part 1 Commentary,Managed Futures

John Lothian

Wow!  That was quite the trashing of managed futures in a Bloomberg story by David Evans on Tuesday.  The Gawker website took the story about managed futures to new depths with this headline: “Here Is Perhaps the Single Biggest Ripoff on Wall Street” If I was selling junk bonds, penny stocks, stock loans, reverse mortgages, or synthetic collateralized debt obligations, I would be feeling pretty good right now.  Those managed futures charlatans are the new bad boys of Wall Street.  Yeehaa! Having been a commodity trading advisor for nearly a decade, I found the article appalling on multiple levels.  On…