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Tag Archives: bonds

Illinois Court refuses to dismiss indictment against software developer in spoofing conspiracy case John Lothian Newsletter,Newsletter

legal gavel

First Read Hits & Takes By JLN Staff On Wednesday, Matthew Kelly of the CME Group taught the law merit badge to a group of scouts as part of the Trading Tech 300 program for the 3rd year in a row. Thank you to Matt and his associates who helped, and to the CME Group for hosting this workshop. I greatly appreciate the CME Group’s historical support for Scouting.~JJL Yesterday, our friends at US Bank held a personal finance merit badge clinic as part of Trading Tech 300. Thank you to US Bank for the incredible experience you gave the…

Wall Street’s sector shakeup will let more tech stocks shine John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Register now for Eurex’s Derivatives Forum in Stockholm, which they are co-hosting with Danske Bank and SEB! This year’s conference will focus on key issues that will shape the derivatives industry of the future. Find the complete agenda here.~JJL Register today for the Montreal Exchange’s next webinar and find out how to use TD’s Advanced Dashboard and its options trading tools. For more details and registration click here.~JJL FIA’s Walt Lukken was a guest on the Feehery Theory Podcast talking about “10 years, The great disruption, Sports as metaphor.”~JJL Michael Shore, a…

A Messy Battle Brews in the Options Market John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Whenever CME Group and Nex Group close their deal, it is expected to boost to CME’s international revenues 35 percent, according to a Q1 report from the exchange.~JK ++++ Tom Scanlan and NEX Group ran a Trading Tech 300 merit badge workshop yesterday in Chicago, featuring the geocaching merit badge. Thank you to Tom and NEX for their great contributions to Boy Scouts. More data on the problem with overfitting: according to a recent study covering 215 alternative beta strategies from 17 investment banks (which included both backtest and live data), only…

CME pulls ahead in race to control bitcoin futures John Lothian Newsletter,Newsletter

First Read Custody Battle Brewing Over Crypto Assets, and That’s a Good Thing Jim Kharouf, JLN It was just a few months ago that the cryptocurrency markets were bemoaning the lack of institutional-grade custody services. Without them, no right-minded fund or asset manager was going to get anywhere near this market. And if they did, they had already written their firm’s obituary and put it in a drawer just in case. It reads something like this: “Thank you, dear customer, for investing your hard-earned fiat currency into our kick-ass digital asset fund. Unfortunately, someone in the Seychelles, Pyongyang, Kiev, Tehran…

Wall Street Erases the Line Between Its Jocks and Nerds John Lothian Newsletter,Newsletter

First Read Report from the International Blockchain Congress By Chuck Mackie and Sarah Rudolph – JLN The second International Blockchain Congress (IBC) took place on Friday at the Aon Center in Chicago. Topics ranged from crypto trading to smart contracts to the regulations surrounding ICOs. While the Congress was run much more efficiently than the first version, which fell hours behind schedule, this iteration saw much less in the way of attendance and speakers from outside the U.S. That said, a couple of speakers from Asia shed interesting light on cryptocurrency markets that those in the West rarely see or…

Big Data: Too Popular for its Own Good? John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Today is your last chance to save $75 on tickets for A Leg to Stand On’s Rocktoberfest charity events in Chicago and New York! ~SD In Q2, ICOs raised $8.3 billion versus $3.3 billion in Q1. The average return of ICO tokens in Q2 was -55 percent.~SD Brazilian exchange group B3 reported that Q2 average daily volume in its derivatives segment rose 36.7 percent over Q1, and 4.7 percent year-over-year.~JK According to Preqin, there are now 499 members of the “Billion Dollar Club,” which is what it calls those institutional investors who…

Trump administration cuts staff at financial markets watchdog John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff We recently learned of some sad news: Joe Levin, a longtime Cboe vice president, passed away on July 29, 2018 at the age of 71. Before leaving the Cboe in June 2014, he served as the company’s vice president of research and product development. Among his many contributions to the exchange, Levin was instrumental in laying the groundwork for Cboe’s volatility products, including futures and options on the VIX index. Memorial contributions may be made to Progressive Supranuclear Palsy (www.psp.org).~SR CFTC Commissioner Chris Giancarlo played banjo on Mike Marlin’s album “Grand Reveal”…

Mosaic Data touts analytics platform that could cut trading losses John Lothian Newsletter,Newsletter

data matrix

First Read Hits & Takes By JLN Staff The opinion piece in the Pekin Daily Times takes aim at the hedge fund and alternative investment space, including research saying that “of the 33 states for which data was available, the average state pension fund returned 5.46 percent over the decade ending in June 2017. A sample index fund of 60 percent stocks and 40 percent bonds returned 6.4 percent on an annualized basis during that time.”~JK Brookings put out a study on global metropolitan areas with the fastest growing economies, and the list of the top 50 as measured by…

Regulators club together to form global ‘fintech sandbox’ John Lothian Newsletter,Newsletter

First Read Joe O’Neill, New York Commodity Exchange(s) Executive, Passes Away By John Lothian Longtime New York commodity exchange executive Joe O’Neill passed away on August 4, 2018 at the age of 74. This plain statement tells little of a life lived in the most colorful of times in New York commodity exchange history or a career that included launching the first financial futures (before CME/IMM by 2 years), the creation of the Dollar Index Contract (with the help of Paul Tudor Jones) and being the consultant for the futures trading aspects of the script of the hit movie “Trading…