Breaking News

Tag Archives: China

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…

FINRA looking at VIX; China curbing options trading; Exotic ETP concerns Newsletter,Options

Observations & Insight What’s the Deal With the VIX Manipulation Letter? Inaccuracy and Misunderstanding Spencer Doar – JLN The big options news pertains to a letter alleging VIX manipulation. The letter, written on behalf of an anonymous whistleblower by a Washington D.C. law firm, alleges market makers manipulate the VIX by quoting far out of the money SPX put options so they are included in the VIX calculation at junctures that benefit their trading activities. It’s understandable financial instruments are subject to concerns about manipulation when their inner workings are complicated and not fully understood by the general public. VIX…

Finance chiefs warn on Big Tech; Trading venues buzzing; China to stamp out cryptocurrency trading John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Richard Sandor has a new book coming out, “Electronic Trading & Blockchain: Yesterday, Today and Tomorrow.” The book tells the story of his experience leading the first project to design and establish an electronic trading platform and for-profit exchange when he taught at Berkeley in the late 1960s. Included in the book are chapters from leaders in digital assets, including Don Wilson and Don Tapscott. Doc Sandor gives Jim Kharouf and I a tip of the hat in the book as we are mentioned as leading figures in the financial press covering the…

Who Regulates Bitcoin Trading?; China’s Oil Pricing Bid Will Fail; Senate Confirms Jackson, Peirce to SEC John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff The JLN Staff is working from home this week, with the exception being Wednesday, when we will convene in our CBOT Building offices to map out our January schedule.~JJL Jim Kharouf has officially stepped down as CEO of John J. Lothian & Company, Inc.~JJL Want some fun map facts? The cartographic debate over the distortion of Africa came up again this week – The Economist has the details. Let’s just say when it comes to map making, there are a number of ways to skin a cat.~SD The A Wealth of Common Sense…

Blockchain to massively change commodities; Cboe’s Tilly predicts more consolidation; Chinese oil futures? John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff We are rolling out the first of the videos from the MarketsWiki Education recruiting event held the Monday of EXPO week in Chicago. The first video features Cboe’s Ed Tilly.~JJL Recall the “broker fee wars” earlier in the year? Fidelity, TD, Schwab and a whole bunch of others started slashing commissions and fees, bringing much of the $7 per equity trade shops down to $5 a trade and some of the discount brokers even lower. Then there’s tastyworks’ $1 to open/free to close options trading setup. Well, unicorn-valued trading app Robinhood just…

Asia Pacific Financial News from John Lothian News – December 4, 2017 Asia/Pacific,Banks, Brokers & Managed Funds,Blog,Exchanges, OTC & Clearing,Fintech,Investing & Trading,JLN Subgroups,Politics,Regions

Lead Stories Asia To Stay World’s Fastest-Growing Region Through 2030; Asia should remain the world’s economic heavyweight for another 10 years. By Anthony Fensom – The Diplomat The global economy is continuing its gradual recovery from the financial crisis, with the latest data pointing to a broad-based pickup. However, longer term Asia is seen maintaining its position as the fastest-growing region, with China and India leading the charge. https://goo.gl/ezD1pP China Likely to Overtake U.S. as Largest Importer Within 5 Years; Shift to a more consumer-focused economy causing the change, CICC researchers say Bloomberg News From iron ore to baby formula,…

Blockchain Gets a Wall Street Win; Banks prepare to settle with Brussels over forex cartel probe John Lothian Newsletter,Newsletter

First Read   Hits & Takes By JLN Staff Do you have a nomination for the Public Representatives for NFA’s Board of Directors? NFA is now taking nominations. ~JJL CME Group has updated their most popular whitepaper with the latest data and an all-new section comparing Treasury futures to Treasury notes.~JJL The United Church of Christ’s United Church Fund has modernized their exclusionary screening process. They have kept exclusions of Coal and Tar Sands Oil, Tobacco and Nuclear Weapons. They have added Firearms, Private Prison Operators, Human Rights and Environmental Impact as considerations. Here is a video about it. ~JJL…

Oil to $80?; VIX pop; China opens access Newsletter,Options

Observations & Insight The Industry Discusses Cryptocurrencies and DLT JohnLothianNews.com At the 33rd Annual FIA Futures and Options Expo in mid-October, John Lothian News spoke with a variety of industry participants about upcoming milestones and trends in financial markets. This fifth video in the series is the first to cover the crazily popular cryptocurrency space and its technological underpinnings. In part one, Ed Tilly, chairman and CEO of Cboe, Drew Shields, Trading Technologies’ CTO, Thomas Flake, the co-founder and chief marketing officer of bcause, Kevin Darby, managing partner at Blue Trading Systems and Chris Hehmeyer, CEO of Hehmeyer Trading +…

SEC’s Edgar System Hacked; Neuberger Berman acquires Breton Hill; S&P Cuts China’s Credit Rating John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff The LME Metals Seminar is fast approaching, and it’s set to be one of the best yet. What’s in store for the flagship event of LME Week? You can see the full agenda HERE. Or you can register, HERE.~JJL Exchange Analytics is offering a new Anti-Money Laundering training course. You can see a preview video HERE.~JJL A Leg To Stand On is extending its buy three get one free deal for its Chicago Rocktoberfest event on October 5 at City Winery. Just enter the name Lothian in the promo code for your…