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Tag Archives: bonds

Paul Volcker, at 91, Sees ‘a Hell of a Mess in Every Direction’ John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff It is a somber morning in October, given the terrible shooting news in Pittsburgh, PA over the weekend.~JJL In the Best Execution 10th Anniversary edition, there is an interview with Cathy Lyall, co-founder of Seismic Foundry.~JJL Cult Wines is hosting a brief Fine Wine Investment Seminar, November 12, 2018 at 4:15 pm to 5 pm at the JW Marriott, 151 W. Adams St. in Chicago: Profitable Passion: An Introduction to Fine Wine as an alternative asset class is a detailed overview of how an investment in fine wine could benefit your overall portfolio….

U.S. Banks Make Hay of European Trading Rules John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff The winner of the Innovator of the Year Award at FIA Expo 2018 was FreightWaves, the company that is creating the first Trucking Freight Futures contracts to help bring hedging to transportation costs, primarily for agricultural companies. Congratulations to the company and to its founder, Craig Fuller. Interestingly, this is the second year in a row that the winner was an “agtech” company (last year’s winner was Tellus Labs). It’s also the third year in a row that Chuck Mackie has correctly predicted the winner.~SR Speaking of Chuck Mackie, here is his writeup…

US threatens to bar EU banks from exchanges John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff FIA Expo, which began Wednesday, is an international conference, with participants coming to Chicago from all over the world, so of course Brexit and reconciliation of EU and US rules were big topics. CFTC Chairman Christopher Giancarlo woke up the crowd when he criticized the EU’s planned EMIR amendments, calling them “unprecedented and wholly unacceptable.” He said he hoped to be able to negotiate changes, but held out the threat – if that doesn’t work – of stopping EU banks from using US exchanges. ~SR The Exchange Leaders panel was lively, with Nasdaq…

SEC Rules NYSE, Nasdaq Didn’t Justify Market Data Fee Increases John Lothian Newsletter,Newsletter

legal gavel

First Read Hits & Takes JLN Staff John Lothian News is working on a documentary video series on the history of financial futures. We are looking for people with stories to tell about the development of the early financial futures contracts in Chicago, New York, London, Frankfurt, Tokyo and elsewhere. If you see one of us at the FIA EXPO, feel free to stop us and share your stories. We need your help to tell the history of financial futures as completely, fairly and effectively as possible.~JJL John F. Notorangelo, 52, passed away suddenly recently. He was a former futures…

Saudi Arabia Breaks 45-Year Taboo With Veiled Threat to Use Oil as a Weapon John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Welcome to all our readers and friends who have descended upon Chicago for the FIA’s EXPO. We look forward to saying hello and catching up.~JJL CME Group is holding a press lunch today in Chicago for FIA EXPO. Cboe is holding a press event this evening, and ICE is holding one Wednesday evening. The ICE event is just one of two events all year where their senior leadership is all together to meet the press.~JJL Check out CQG’s landing page for FIA, which features new solutions from the long-time fintech provider.~JJL JLN is…

Saudi Arabia’s Economic Dreams Falter John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Welcome to FIA EXPO Week in Chicago. Over 120 companies are represented in the FIA EXPO hall and people come from all over the world. If you missed our FIA EXPO preview interview with FIA CEO Walt Lukken, you can find it HERE.~JJL John Lothian News will again be present in the Cinnober booth on the EXPO hall. You can find us shooting video there.~JJL If you want to know where the next generation of traders is coming from, please show up for my FIA EXPO session at 3 PM on Wednesday in…

Banks Are Getting Squeezed by the Fight Against Dirty Money John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Here is the agenda for today’s CFTC Technology Advisory Committee meeting in Washington, DC. The meeting should be live streamed if you are interested in watching any of it.~JJL The CFTC and ASIC signed FinTech Cooperation Arrangement at the FinTech Forward conference at the CFTC in Washington, DC yesterday and I got to see it. I will always remember my first FinTech Cooperation Agreement witnessing.~JJL As the Chicago Tribune reports, the “much-derided corporate moniker of Tronc” is going the way of the dodo. Welcome back, Tribune Publishing! ~SD ++++ ++++ The Tinder for…

Eris Exchange to Create Crypto Market Backed by DRW, Virtu John Lothian Newsletter,Newsletter

First Read Brexit Has Industry Participants Prepping For “Worst Case Scenario” Jim Kharouf – JLN Industry participants are preparing for a worst case scenario with the UK Brexit coming next March. Frustration with the process and lack of political leadership was palpable at the World Federation of Exchanges Annual Meeting in Athens. On a Brexit panel Thursday, industry executives said the damage to UK and EU markets could be severe. “Brexit is making the European market smaller and it will take years to rebuild,” said Jarkko Syyrilä, head of public affairs at Nordea Wealth Management. “Politics is completely destructive. We…

Inside Danske’s EUR200bn ‘dirty money’ scandal John Lothian Newsletter,Newsletter

First Read Build or Buy? Exchanges Continue to Branch Out For Revenues Through Acquisition Jim Kharouf – JLN Exchanges are continuing to look at two areas for revenue growth – consolidation and acquisition of non-exchange service firms, according to a new report from Burton Taylor. – The report, presented at the World Federation of Exchange’s General Assembly and Annual Meeting in Athens and authored by Andy Nybo, shows that ICE topped exchanges in revenue in 2017 with $4.6 billion, followed by CME with $3.6 million, Deutsche Boerse with $2.7 billion, LSE Group with $2.5 billion and Nasdaq with $2.4 billion….