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Tag Archives: Chris Hehmeyer

The Industry Discusses Cryptocurrencies and DLT, Part I Feature,Video,video

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 + Investments share their thoughts on the future of the crypto…

Brand New: Hehmeyer Moves Into Managed Futures & More Blog,Commentary,Feature,Video,video

Sometimes it’s time to diversify. Chris Hehmeyer formed a new firm called Hehmeyer Trading & Investments LLC that will expand into the managed futures and introducing broker space. The renamed company comes from his prior firm, HTG Capital Partners, which acquired Kottke & Associates in late 2016. The new name helps simplify things for Hehmeyer, who has integrated HTG’s proprietary trading operation along with Kottke’s commodity trading advisor and introducing broker business. Hehmeyer, who serves as CEO of the the new entity, sees plenty of opportunity in the CTA business. He said there is an appetite for non-correlated investments and…

John Lothian Newsletter: JP Morgan moves global clearing role to London; IBM’s New Blockchain Bet Targets Next Wave of Financial Services; Fed’s Neel Kashkari Says Banks Still Too Big to Fail Reply: johnlothian@johnlothian.com John Lothian Newsletter,Newsletter

First Read Bits & Pieces Jim Kharouf and Doug Ashburn, JLN Random events and thoughts today. John’s back surgery went as planned yesterday. He’s resting and recovering, and will soon be in rehab. (Physical rehab, not the other kind.) Today marks Chris Hehmeyer‘s final day as chairman of the National Futures Association. Hehmeyer held the position for the past five years, and it will be passed along to another industry stalwart, Mike Dawley from Goldman Sachs. Hehmeyer’s calm and candid approach led the NFA through its darkest days in the aftermath of MF Global, PFG Best and Alphametrix. Along with…

Reg AT Stirs Concerns Ahead of CFTC TAC Meeting Blog,Commentary

The CFTC’s Technology Advisory Committee (TAC) was scheduled to meet on Tuesday to discuss three issues important to the trading industry: 1) the CFTC’s proposed Regulation Automated Trading (Reg AT); 2) swap data standardization and harmonization; and 3) the potential of blockchain and distributed ledger technology to the derivatives market. Unfortunately, winter storm Jonas, aka Snowzilla, hit Washington DC with a record two feet of snow, and the meeting has been postponed. In the weeks leading up to the meeting, there has been a steady stream of stories about blockchain, which is seen as a bit “sexier” than a 500-page…

James Koutoulas Needs to Put Up or Step Aside Blog,Commentary,Managed Futures,Regulation

NFA board of directors member James Koutoulas has made some troubling accusations about the nomination of public directors by the NFA Board’s Executive Committee.  He needs to come forth with some convincing smoking gun, proving the conspiracy and cover up he is accusing NFA staff and fellow Executive Committee members of, or resign from the board. Word of Koutoulas’ accusations filtered out of a Commodity Customer Coalition Town Hall webcast and were reported by Lynne Marek of Crain’s Chicago Business. Koutoulas claims the NFA Executive Committee did not properly nominate the public directors to the NFA Board.  The chairman of…

Chris Hehmeyer, managing member, HTG Capital Partners – Why Cereal Might Be Cheaper On Mondays At 8 AM Video

“The technologies are changing so fast that you can always jump in to whatever’s next.” Chris Hehmeyer, managing member at HTG Capital Partners, gives a brief history of the financial markets and discusses his journey from Tennessee to Chicago. Hehmeyer describes the setting of the fledgling Chicago Board of Trade and remembers when technology was really beginning to impact the financial industry. One memory was when Hehmeyer saw an Apple II computer create a spread chart for the first time. Prior, all data was written out and charts were drawn by hand, but Hehmeyer knew that the simple chart was…

John Lothian Newsletter: Nasdaq to buy eSpeed platform for $750 million; U.K. Replaces ’Failed’ FSA With Prudential Regulatory Authority; Hong Kong as World-Beater Forged in London Metal by Mandarin Li John Lothian Newsletter,Newsletter

Nasdaq OMX Group gains a port of entry into the cash treasuries market with an agreement to buy the eSpeed trading platform from BGC Partners. The UK renames its “failed [regulatory] regime”, repaints the front door in in two colors, and unlocks it for business again. Charles Li and HKEx look to the future with their new consolidated exchanges. In today’s First Read, take a look at the new JLN video interview with the NFA’s Chris Hehmeyer, who talks about the need to reform the US bankruptcy process, with an eye to the collapse of ex-brokerage MF Global.

NFA Chairman Chris Hehmeyer Talks Bankruptcy Reform Interview,Regulation,Video

Chris Hehmeyer

One of the issues that emerged from the MF Global collapse was the complex and often frustrating US bankruptcy process. In the case of MF Global, futures customers’ claims were lumped in with other creditors. As such, it took more than a year for customers with segregated accounts to get their money back through the bankruptcy trustee. Chris Hehmeyer, CEO of HTG Capital Partners and chairman of the National Futures Association (NFA), spoke with JLN editor-in-chief Jim Kharouf about the need for bankruptcy reform for the futures industry. It’s a tall order, he says, but Hehmeyer believes it is critical…

Confirmations: NFA and CME’s Financial Match.com Regulation,Video

Chris Hehmeyer

The fraud at Peregrine Financial Group was uncovered in July 2012 by the National Futures Association (NFA) which used an electronic bank account confirmation system. (See Confirmations: Plugging Into Electronic Confirmations) In November 2012, the NFA and CME Group announced they would implement an electronic confirmation system for futures brokers. The system, operated by AlphaMetrix, provides a comprehensive check and match of what FCMs say they have in customer funds with what banks say they have. Chris Hehmeyer, CEO of HTG Capital Partners and chairman of the NFA, says the new system will help regulators and customers assure such a…