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JLN Options: Citadel Asks Supreme Court to Hear Derivatives Case Newsletter,Options

Lead Stories Citadel Asks Supreme Court to Hear Derivatives Case Jacob Bunge, The Wall Street JournalOne of the biggest U.S. derivatives traders has joined a long-running legal battle over a lucrative slice of the market and asked the Supreme Court to decide the matter.Citadel LLC, which trades one in five stock-options contracts dealt daily on U.S. markets, has called on the nation’s highest court to loosen the hold of the Chicago Board Options Exchange over heavily-traded contracts linked to major stock indexes. U.S. Stocks Little Changed as Stimulus Optimism FadesLindsey Rupp & Nikolaj Gammeltoft, BloombergU.S. stocks were little changed, paring…

JLN Options: BofA Times an Options Trade Well Newsletter,Options

JLN Special Report: FIA Boca Preview: Walt Lukken on State of Futures IndustryIn advance of the FIA Boca 2013 conference next week, John Lothian News traveled to Washington D.C. this week to interview Walt Lukken, president and CEO of the Futures Industry Association to get his comments on the state of the futures industry today and what is in store for the rest of the year.This two-part interview focuses on the key issues facing exchanges and brokers, as well as a rundown on the Dodd-Frank regulatory process. This year’s FIA Boca conference will be one of the more important events…

JLN Options: Investors Seek More Transparency on Corporate Hedging, Derivatives Exposures Newsletter,Options

LEAD STORIES Investors Seek More Transparency on Corporate Hedging, Derivatives ExposuresEmily Chasan, The Wall Street JournalCorporate disclosures on hedge accounting and derivatives trading are so opaque that investors are often unable to see the true risks companies face from engaging in those activities, according to a new report from the CFA Institute, which is recommending companies improve disclosures in those areas. S&P 500 Advances to Five-Year High on Economic ReportsBy Rita Nazareth & Sarah Pringle, BloombergU.S. stocks rose, sending the Standard & Poor’s 500 Index to a five-year high, amid better- than-forecast initial jobless claims and housing data. GFI announces…

John Lothian Newsletter: TSE’s Osaka Merger Gets 90% Odds as First Deal Since 2010; Equiduct Owned by Citadel, Knight Said to Seek Investors; TOCOM to Launch Agricultural Market in Feb 2013 John Lothian Newsletter,Newsletter

The merger between exchanges in Tokyo and Osaka gets a near thumbs-up from a legal analyst. Trading platform Equiduct wants to grow, and is looking for more investors. TOCOM, another Tokyo exchange, is set to launch an agricultural trading effort early next year, and will be taking over contracts currently traded at the Tokyo Grain Exchange. MF Global fallout and analysis continues, in the wake of this week’s trustee report and current stories highlight fishy accounting, short-sighted management, and questions about the veracity of one executive who claimed to have been relatively uninvolved in corporate activities shortly before the collapse.