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Tag Archives: China

Options Traders Aren’t Sweating the Debt Ceiling; China Inc.’s Next Debt Headache Is $580 Billion of Put Options Coming Due; Banks relying on volatility resurgence to boost trading profits Newsletter,Options

Observations & Insight OCC Cleared Contract Volume Up Two Percent in July OCC OCC, the world’s largest equity derivatives clearing organization, announced today that cleared contract volume in July was 324,718,888 contracts, up two percent from the July 2016 volume of 317,045,566 contracts. OCC’s year-to-date average daily cleared contract volume is also up two percent with 17,045,133 contracts in 2017. jlne.ws/2wieijX Lead Stories Options Traders Aren’t Sweating the Debt Ceiling Chris Dieterich – WSJ The bond market recently appeared jittery about a protracted fight on Capitol Hill over the debt ceiling. Options? Not so much. A reading of the options…

Asian Financial News from John Lothian News – July 25, 2017 Asia/Pacific,Blog,Exchanges, OTC & Clearing,Fintech,Investing & Trading,Regions,Regulation,Tech / HFT

Lead Stories HNA unveils New York-based charity as controlling shareholder; Acquisitive Chinese investor’s surprise revelation as lenders turn off taps JOYCE HO, Nikkei Acquisitive Chinese outbound investor HNA Group has openly disclosed its shareholding structure for the first time amid rising concerns that Beijing’s deleveraging campaign might choke lending to the company which has largely fueled its expansion through debts and collateralization. https://goo.gl/M6Feue Column: Time to OK Chinese investors’ controversial Chicago Stock Exchange deal Robert Reed – Chicago Tribune The time has come for federal regulators to approve a small but highly controversial local business deal — the purchase of…

Stock Exchanges Squabble Over End-of-Day Auctions; Defining moment for investors looms as MSCI rules on China; Wind and solar expected to supply third of global power by 2040 John Lothian Newsletter,Newsletter

First Read Jim Kharouf Will be On Twitter Live on @JohnLothian at 11 AM CST Today We will be interviewing Jim Kharouf today on Twitter Live on my twitter handle, @johnlothian, about the FOW-JLN Trading Chicago event held in less than two weeks, on June 28th at Swissotel. We have a great lineup of panels and speakers. If you are from the trading side of our markets – CTAs, hedge funds, prop firms and asset managers are free at attend. For full conference information, click HERE. Attendance is filling up, so register now. I have not used Twitter live much….

How China’s Biggest Bank Became Wall Street’s Go-To Shadow Lender; JPMorgan Has a Surprisingly Simple Theory for Low Volatility; The ECB and tapering: a challenge that will not go away John Lothian Newsletter,Newsletter

First Read Ready for Trading Chicago? JLN We’re six days into June, which means there are only 22 days left until the FOW-JLN conference Trading Chicago on June 28th. It’ll be well worth it to attend. Just check out the program: speakers this year include the Streetwise Professor Craig Pirrong, Leslie Sutphen and Gary DeWaal debating Dodd-Frank, Fidessa’s Steve Grob, Chris Hehmeyer and Joshua Yang talking about our markets in an age of populism with Carl Gilmore. Other notables include Jay Feuerstein of Budo Group, Richard Mackey of Rosenthal Global Securities and Tim Gits of Eurex and Chris Anderson of…

China’s Big Derivatives Push Aims at Global Pricing Power; OCC News – May 2017; Euronext expects London to lose euro clearing after Brexit Newsletter,Options

Observations & Insight Liquidity Providers Unduly Penalized By Capital Rules: CTC’s Crutchfield JohnLothianNews.com What’s a market maker to do when it can’t warehouse risk? The options industry has a problem with bank capital rules. In this JLN video, Steve Crutchfield, head of market structure with CTC, discusses the burdens placed on market makers due to rules that are out of touch with the stated goals of post-crisis reforms, as well as structural issues within options markets. There are only three major banks with a significant footprint in clearing for options market making firms. Those banks’ ability to conduct clearing business…

JLN Exchange Leader Series 2017: Romnesh Lamba – Finding Opportunities in HKEx’s Relationship with China Exchanges, OTC & Clearing,Feature,Mwiki,Video,video

For Hong Kong Exchanges and Clearing (HKEx), the biggest initiative in 2016 was the launch of Hong Kong-Shenzhen Connect, a trading link designed to give foreign investors greater access to shares listed on the Chinese mainland.  Hong Kong-Shenzhen also joined with the Shanghai-Hong Kong Stock Connect, so there are now “four pipes – two going Northbound, with international investors trading Chinese equities, and two more coming Southbound,” Romnesh Lamba, co-head of market development at HKEx, told John Lothian News at FIA Boca 2017. “Volumes associated with that program have really picked up,” Lamba said. “They are almost triple the levels…

Traders Pile On Long Positions As Nifty Hits Lifetime High; China to Allow Onshore Bond Buying via Hong Kong This Year; Oil at $40 No Problem as U.S. Drillers Snub OPEC With Hedges Newsletter,Options

Lead Stories Traders Pile On Long Positions As Nifty Hits Lifetime High Agam Vakil – Bloomberg The Nifty 50 index advanced 1.7 percent on Tuesday hitting a new lifetime high of 9,122 on an intraday basis and even managed to close above the 9,000-mark for the first time on record. The index, which was trading in a tight range for the last couple of weeks, soared to record highs after Prime Minister Narendra Modi’s party secured an impressive mandate in the country’s largest state. bit.ly/2n0dFu6 China to Allow Onshore Bond Buying via Hong Kong This Year Bloomberg China will allow…

NYSE MKT to end floor trading for small stocks; US regulator warns on tough UK and EU derivatives battle; Wall Street’s Most Famous Quants Fed Up With JPMorgan Soothsayer John Lothian Newsletter,Newsletter

First Read The Why Jim Kharouf, JLN Simon Sinek said in his TED Talk that “People don’t buy what you do; they buy why you do it. And what you do simply proves what you believe.” What we do is produce a financial newsletter and websites that are dedicated to enlighten, inform and educate you on what is happening in this industry. We do it because we believe that more informed readers make for better markets, everywhere. Better markets make all our lives better. That’s simply the what and why for John Lothian News. We believe in this so much…

New China options to pave way for open commodities trading; Amsterdamtrader stops; “Open outcry” is in retreat but futures and options trading-volumes surge Newsletter,Options

Lead Stories New China options to pave way for open commodities trading Lucy Hornby – Financial Times As China prepares to introduce its first options contracts for commodities trading, the head of one of the country’s leading bourses for raw materials has shrugged off fears that the move will add to the extreme volatility in commodities seen in 2016. “We [in China] are behind international markets because we have too few tools, too few products,” says Li Zhengqiang, chairman of the Dalian Commodity Exchange, adding that introducing more products and new instruments like options will help hedge risk, not add…