This edition of EMN reveals a drop in EU emissions amid the ongoing carbon-rule tussle. Cable power transport is covered in a Reuters opinion piece and two Business Green articles, one on China and one on Google. A Stanford Professor invites climate change skeptics to hang out and chat. A former Democratic Senator says President Obama will eventually greenlight Keystone. Quote of the Day: “The governors up and down the East Coast are extraordinarily interested in broadening out their energy portfolio with offshore wind. We have seen a level of engagement and interest by the governors in getting steel in…
Tag Archives: China
John Lothian Newsletter: ICE grain contracts kick off turf war with CME; Red Flags Said to Go Unheeded at Chase; China’s Citic in algorithmic trading deal John Lothian Newsletter,Newsletter
ICE launched its first grain contracts yesterday. Much analysis and discussion abounds regarding JPMorgan’s big loss, including stories that warnings of trouble from inside the company had been ignored. China’s Citic Securities buys into algorithmic trading software, signaling an increase in automatic trading in Asia. RJ O’Brien has a plan to mollify grain traders over extended trading hours, and tries to get the CFTC’s attention. BOX Options Exchange mulls the possibility of allowing after-hours trading on its options products.
John Lothian Newsletter: NYSE Sees Danger Of Exchanges Becoming ‘Showrooms’ For Prices; HFT curbs may take Europe ‘back 7 years’; Hedge funds may be allowed direct access to China markets John Lothian Newsletter,Newsletter
NYSE’s Niederauer sees the danger of a exchanges becoming a place where traders browse for quotes before doing their actual trading off-exchange. The FIA EPTA in Europe warns that HFT regulation and slowdowns may move market progress back several years. Chinese regulators are considering allowing foreign hedge funds to directly trade in domestic companies and financial products. In the top box, John Lothian discusses the importance of reading what one is given; and you’ll also find a reminder, in case you missed yesterday’s special report, to come help us improve MarketsWiki next week.
Gargi Shah is an independent analyst based in Mumbai, India, and was most recently a metals analyst with GFMS Ltd. (now Thomson Reuters GFMS), the London-based precious metals consultancy firm. She is a lawyer, and pursued a career in corporate law prior to entering the metals market as a commodities reporter for a national daily. JLN editor-in-chief Jim Kharouf spoke with her about India’s role in the gold market, the recent jewelers strike in India and China’s influence on the gold market. Q: Gold is interesting because there are many factors that impact gold prices – inflation forecasts and the…
John Lothian Newsletter: CFTC proposes rule for block trades in swaps market; CME Group Aims To Strengthen Ties To Asian Exchanges; LSE draws fire over Borsa synergies John Lothian Newsletter,Newsletter
The CFTC sets forth, on a 3-2 vote, a rule proposal for regulating big swap trades. CME Group indicates its continuing interest in Asia, suggesting that it would like closer connections to exchanges in China and Japan. The Italian securities regulator cries foul over the five year old Milan-LSE tie-up, claiming that extra order flow hasn’t materialized in Italy as promised. In the top box today, Editor-In-Chief Jim Kharouf celebrates the one-million mark for MarketsReformWiki.
John Lothian Newsletter: NYSE Euronext Plans New Contracts In Futures Challenge To CME; France to push ahead with ‘Tobin tax’ proposal; China set to bolster short selling John Lothian Newsletter,Newsletter
NYSE Liffe U.S. announces new interest rate futures contracts that take aim at CME Group’s market share. France’s government moves aggressively forward on plans to establish a financial transaction tax well ahead of other nations. China is set to boost its short-selling industry to expand the depth of its capital markets. In banking, RBS contemplates shutting down its investment banking business, potentially putting ten thousand jobs on the negative side of that transaction. And in today’s top box, JJLCO is hiring! If you’ve got sales chops, high ethical standards and a big sense of humor, we’d love to hear from…
In this interview, Jeffrey Christian, managing director and founder at the CPM Group, speaks with JLN Metals editor Chris McMahon about the importance of China and India in the metals markets. This is part one of a three part interview. Listen to part two of the interview here. Listen to part three of the interview here. [Having trouble viewing? Click here] [Download audio]