Breaking News

Tag Archives: bond trading

Moves to seize HFT code “dead”; Complex Math Could Make Blockchain Work for Wall Street; SEC’s CAT John Lothian Newsletter,Newsletter

First Read Hits & Takes Over the last quarter Eris Exchange hit an all-time high of 200,000 contracts ($20bn) of open interest (OI) in their IRS swap futures contracts cleared by CME Group.~JJL On November 3, 2017, Chicago-Kent College of Law will host the 9th Annual Conference on Futures and Derivatives. This is a full day program covering important topics for compliance officers, in house counsel, regulators, accountants and attorneys who work within the Futures industry. Register HERE.~JJL Rosenblatt Securities in their Trading Talk Market Structure Analysis reported year-to-date equities average daily volume is down 11.57 percent y/y and off…

LedgerX gets U.S. approval for derivatives on digital currencies; Wall Street’s Grip on Bond Trading Means a 1% Gain Takes 3 Years; Deutsche Bank Weighs Moving $350 Billion From U.K. to Frankfurt John Lothian Newsletter,Newsletter

First Read Hits & Takes We’ve heard the education, education, education mantra for many years now. Today’s JLN brings you some of the firms living up to that refrain – Magnetar, Divento, John Lothian News and Boy Scouts. How we teach the next generation of youngsters will define our industry in the coming years. ~JK One of the many cool things about JLN’s MarketsWiki Education World of Opportunity summer education series is you never know exactly what any given person is going to talk about. Sometimes, the talks are so widely relevant and informative, it doesn’t matter if the audience…

Hedge Fund Managers Don’t Always Beat the Market, but They Still Make Billions; EU-managed control of euro clearing is not viable; AllianceBernstein Is Selling Bond-Trading Software John Lothian Newsletter,Newsletter

First Read The Event Of The Summer: JLN & FOW Present Trading Chicago For the first time in John J. Lothian & Co.’s history, we are partnering with FOW (Global Investor Group) to host our first Trading Chicago event on June 28th. This one-day event is aimed largely at the end-users of the markets: commodity trading advisors, asset managers, hedge funds and proprietary traders. The conference will cover the issues that impact those firms directly – regulation, technology and market structure, with an underlying thread of trading in an age of uncertainty. Of course, there is always uncertainty and this…

NEX Stop, The Future Of Markets Blog,Commentary,Feature

Sometimes the machine needs a reboot. Such is the case with NEX Group, the former ICAP group minus the ICAP voice brokerage business. By now, we know that NEX’s CEO Michael Spencer looked to the future and decided that voice brokering wasn’t it. That doesn’t mean it isn’t valuable. But it just isn’t what he wants to do with his time or shareholder money. So what’s left? Plenty actually, although it took me a while to figure it out. In a simplistic sense, the company is rolling all of its trading platforms, technology companies and venture capital arm into one…

Next Frontier: NEX Group’s Michael Spencer Says The New Firm In Position To Capitalize On Trading And Technology Feature,Video,video

With the sale of the ICAP voice brokerage business in December 2016, NEX Group was born, or perhaps, re-born. The re-booted NEX is composed of electronic OTC interest rate and FX markets, a listed exchange, plus a group of technology firms for pre- and post-trade services, as well as a venture capital firm focused on fintech. NEX CEO Michael Spencer spoke with John Lothian News at the FIA Boca conference about the newly formed company which he described as a “technology focused series of assets.” By that he means NEX still operates four main business units: NEX Markets, which runs…

Justin Bouchard of AlgoFast on the Potential for Event Driven Trading Financials,Interview,Tech / HFT,Video

Justin Bouchard

In today’s markets, new technology is getting more granular. Justin Bouchard, CEO of AlgoFast, has built his firm on event trading with new technology that allows traders to take positions on events such as Federal Reserve and central bank statements, employment reports, earnings and GDP numbers. He spoke with John Lothian News editor-in-chief Jim Kharouf about event trading, how AlgoFast works and why algorithms are not a bad thing.