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Tag Archives: Citi

Where Has the Stock Market’s Volatility Gone?; U.S. stocks under pressure as investors turn cautious; Five Charts That Say All Is Not Well in Markets Newsletter,Options

Observations & Insight Deep Breath Jim Kharouf, JLN Upon our return from Washington DC last week, there was the unanswered question still hanging in the air: “What will become of Dodd-Frank?” Of course, no one really knows just yet. All the hyperbole from politicians in DC make for big headlines. But as the Wall Street Journal piece Republicans Get Ready to Roll Back Dodd-Frank Law pointed out, passage of new laws in the Senate will require 60 votes, and Replublicans hold 52 seats. Will we see a rollback of Dodd-Frank? A rollback at Walmart means that dish detergent that was…

JPMorgan Hit Hardest as EU Fines Euribor Trio $521 Million; Citi trader deepened October’s pound ‘flash crash’; NSE May Put IPO Plan on Ice as Top Execs Quit and Sebi Says No to Self-listing John Lothian Newsletter,Newsletter

First Read David Norman, Essex University – What Sets Graduates Apart? MarketsWikiEducation.com “The industry feels like it has lost its way.” In this video from MarketsWiki Education’s London Event, David Norman, a lecturer at Essex University and Queen Mary University of London, discusses the current landscape of the industry and how to stand out from the competition during a job search. Every year he sees hundreds of students and found that there is no shortage of ‘doers’ — those who can successfully adapt to structure and learn a skill set. To Norman, the industry needs more people willing to think…

OCC Cleared Contract Volume Increased 20 Percent in November; Citi Said to Weigh Derivative Desk Move to Frankfurt on Brexit; Traders are betting that volatility is about to spread Newsletter,Options

Observations & Insight The View from Convergex: Reinvention, Options and Market Structure Spencer Doar – JLN It may come as a surprise that Convergex, the agency brokerage with headquarters in New York, has a hand in approximately 20 percent of all options routed through U.S. listed options exchanges and actually executes some 8 percent of daily options volume. The company has been reinventing itself over the last two-and-a-half years under the leadership of Eric Noll, who became CEO in the wake of a 2013 settlement. Convergex’s reputation took a hit when it admitted it had defrauded customers by inflating its…

The Battle Rages On: Industry In The Trenches For Talent Commentary

If you think the battle for talent is tough these days, look no further than the most recent report from Universum called “World’s Most Attractive Employers 2016.” This survey of 267,084 undergraduate students from the 12 largest economies at 359 universities who are in 165 different concentrations, showed that the top 5 most attractive companies were: Google, Walt Disney, Apple, Nike and EY (Ernst & Young).  That’s where the next generation of graduates and new young professionals want to go. And how about the business/financial sector? Ten out of 12 most attractive companies in financial services lost ground in the…

The Battle Rages On: Industry In The Trenches For Talent Commentary

If you think the battle for talent is tough these days, look no further than the most recent report from Universum called “World’s Most Attractive Employers 2016.” This survey of 267,084 undergraduate students from the 12 largest economies at 359 universities who are in 165 different concentrations, showed that the top 5 most attractive companies were: Google, Walt Disney, Apple, Nike and EY (Ernst & Young).  That’s where the next generation of graduates and new young professionals want to go. And how about the business/financial sector? Ten out of 12 most attractive companies in financial services lost ground in the…

John Lothian Newsletter: Deutsche Börse CEO braced for regulatory scrutiny over LSE deal; Ex-Citi Trader’s Bitcoin Exchange Skirts Currency Curbs; Lessons From a Bank Heist John Lothian Newsletter,Newsletter

First Read Education is Everything: MarketsWiki Education, Chicago 2016John Lothian – John Lothian NewsThere are lots of ways to get an education. One of the questions we ask in our John Lothian Profiles videos is “What did the markets teach you the hard way?” Getting taught the hard way is certainly one way to learn. But so is learning from the experiences of others. Learning from others is at the heart of the MarketsWiki Education World of Opportunity series. We wanted the young people looking at our industry to hear from some of the people who helped build it into…

John Lothian Newsletter: Deutsche Börse CEO braced for regulatory scrutiny over LSE deal; Ex-Citi Trader’s Bitcoin Exchange Skirts Currency Curbs; Lessons From a Bank Heist John Lothian Newsletter,Newsletter

First Read Education is Everything: MarketsWiki Education, Chicago 2016John Lothian – John Lothian NewsThere are lots of ways to get an education. One of the questions we ask in our John Lothian Profiles videos is “What did the markets teach you the hard way?” Getting taught the hard way is certainly one way to learn. But so is learning from the experiences of others. Learning from others is at the heart of the MarketsWiki Education World of Opportunity series. We wanted the young people looking at our industry to hear from some of the people who helped build it into…

CurveGlobal’s Michael Davie Looking For New Twist On Interest Rates video

CurveGlobal CEO

Newcomers are always looking to disrupt the status quo or add value to the marketplace. And CurveGlobal, a product development joint venture of the London Stock Exchange Group, CBOE and seven global banks, is planning to do both when it goes live later this year. While much is being made of the LSEG’s potential merger with Deutsche Boerse, Curve Chairman Michael Davie told JLN at the FIA Boca conference that the company is focused on continuing its work to pull the initiative and its customer base together.  Curve, which is technically a product development vehicle, plans to go live in Q3. “The…

Grace Under Pressure: OCC’s Chief Risk Officer Talks About Preparing for Systemic Threats Options,Tech / HFT,Video

As a Systemically Important Financial Market Utility (SIFMU), the OCC must be able to manage capital and operational risk on a day to day basis and during extraordinary times, when disaster strikes. On the 14th anniversary of the terrorist attacks of September 11, 2001, JLN spoke with John Grace, chief risk officer for the OCC, about the challenges OCC faces as a SIFMU and what he and the organization are doing to address those challenges. Ways in which the OCC plans to cut down on systemic risk include: Making sure the organization has adequate financial resources, which includes the clearing…