Breaking News

Tag Archives: China

ICE Announces Digital Assets Platform; Brokers Face Crypto Scrutiny John Lothian Newsletter,Newsletter

ICE

First Read Hits & Takes JLN Staff John had his hip surgery yesterday and all went well. Thanks to all who sent well wishes. He should be back home in a few days. The American Financial Exchange (AFX) announced that William Daley will serve as an independent director on its board of directors. Daley is currently a managing partner and head of U.S. operations for ArgentiËre Capital and served as President Barack Obama’s chief of staff from January 2011 until January 2012.~JK If you’d like to hear what Richard Sandor has to say about interest rates – particularly Ameribor –…

It’s WAR! Newsletter,Options

Observations & Insight TGI (Tariff) Friday SD – JLN Round 1 of the official tariff tiff began last night. How are you feeling? While foot traffic has diminished in downtown Chicago this week as vacations take their toll on active headcount and the usual “summer quiet” stories making the rounds, I don’t feel lulled (other than the dearth of options specific news). The “lack of lull” feeling isn’t totally out of place. Daily notional turnover on U.S. NMS exchanges in June was $350.1 billion compared with a summer norm of <$300 billion. (July has been slower thus far.) “China this,…

Binary options are dead; Heat wave slowing markets; LCH’s record first half John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Sunday members of the JLN team head to New York for the summer’s first sessions of MarketsWiki Education World of Opportunity. On Monday we are at Thomson Reuters in Times Square for one session. On Wednesday we are at Nasdaq for two sessions. The details of the events and sign up information is available HERE. Don’t forget to sign up your interns or send your college age children. On Tuesday, Nasdaq is hosting two sessions of Trading Tech 300 and Nasdaq’s Allan Schoenberg will be teaching a merit badge workshop on the Public…

Endangered Options Specialists; FX volatility; Derivatives need LIBOR alternative Newsletter,Options

Observations & Insight Miscellany for Friday SD– JLN Perusing the day’s most active option chains on the OIC’s website yesterday was a bit wonky. Only one of the 19 most active equity symbols had more put activity than calls, that being FOXA (21st Century Fox). On the ETF side, there was a lot of lopsided action. TLT (20-yr Treasuries) saw 92 percent of its activity on the call side. The flip side of that coin – ETFs dominated by put activity – was populated by EEM (emerging markets), QQQ (Nasdaq), EWZ (Brazil) and SMH (semiconductors), with puts accounting for 80…

Light at the End of the Tunnel – Pat Kenny and Ryan Moroney, CQG Feature,Video,video

With MiFID II preparations in the rearview, CQG can now focus on expansion – its biggest push being into mainland China. In this special two-for-one video from JLN’s annual series with industry leaders, CQG SVP of Client Relations Pat Kenny and President of CQG Europe and the Americas Ryan Moroney discuss CQG’s international plan, getting into the algo space and adapting to the needs of traders.   Produced by Mike Forrester Interview by Jim Kharouf

Brexit, Bitcoin and Benchmarks – Garry Jones Commentary,Feature,Mwiki,Video,video

Former Liffe and LME CEO Garry Jones kicks off JLN’s annual series of interviews with industry leaders at FIA Boca. In this year’s series of some 20 videos, executives from exchanges, fintech companies and service providers give their outlook on the coming year and state of the industry.  Jones, no longer under his LME non-compete, talks about the challenge of Brexit, the hurdles facing cryptocurrency trading in Europe and the potential effects of new Chinese product launches on global benchmarks.  Produced by Mike Forrester Interview by John Lothian

Spot Trading Closes; EU Fintech Regulatory Roadmap; EU probes UK derivatives tax treatment John Lothian Newsletter,Newsletter

First Read Renato Mariotti for Illinois Attorney General; A Former Prosecutor and Current JLN Reader Is The Best Choice For Illinois AG John Lothian – JLN Democratic Attorney General candidate Renato Mariotti stopped by the John Lothian News offices in the Chicago Board of Trade Building on Tuesday, March 6 for a sit down video interview. He has been a John Lothian Newsletter reader since 2012, and he used the market and industry knowledge he gained from reading the newsletter to bolster his success as a federal prosecutor. Mariotti is a former prosecutor in the US Attorney’s office in Illinois…

China’s VIX Goes Dark; Hidden Corners of Credit Selloff; LJM fund lawsuit Newsletter,Options

Lead Stories China’s VIX Goes Dark as Government Clamps Down on Options Bloomberg News State-run index compiler stopped updating the gauge Thursday; Move is designed to curb options trading, people say China stopped updating its homegrown version of the VIX Index, taking another step to discourage speculation in equity-linked options after authorities tightened trading restrictions last week. State-run China Securities Index Co. didn’t publish a value for the SSE 50 ETF Volatility Index on its website Thursday. An employee who answered CSI’s inquiry line said the company stopped updating the measure to work on an upgrade. The move was designed…

The Spread – Week of 2/12 to 2/16 Commentary,Video,video

Manipulating, gaming, rigging – that’s the nature of VIX talk this week. But before we get to those allegations in this week’s options recap, we cover a few other stories that didn’t get as much press. The following are stories referenced in this week’s episode of The Spread: Gulf Times – China to curb option trades after one bet soared 2,250% Reuters – Colombia aims to kick-start oil hedging program – finance minister WSJ – Harvard, Hawaii Gambled on Market Calm—Then Everything Changed JLN – What’s the Deal With the VIX Manipulation Letter? Inaccuracy and Misunderstanding CNBC – Ex-CFTC head…