Breaking News

Tag Archives: CME

The Wild West days of crypto exchanges are coming to an end John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff HERE is a link to the Virtual Markets Integrity Initiative Report from the Attorney General of the State of New York that has spawned so many stories in today’s newsletter.~JJL Ed Tilly of Cboe will be riding in the Wall Street Rides FAR this year for the first time with this Cboe colleagues. Cboe Global Markets is a diamond level sponsor of Wall Street Rides FAR, an organization that promotes autism research through an annual series of charity bike rides outside of New York City. You can donate HERE to support Wall Street…

Policymakers Saved the Financial System; CME-Nex deal filed with UK regulators John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Dawn D. Stump was sworn in to serve as a Commissioner of the CFTC yesterday at the Fearless Girl Statue in New York City; former CFTC Commissioner Jill E. Sommers administered the oath of office.~JJL CME Group’s market cap stands at $58.4 billion, up from $54 billion in March.~JK CTA Expo is holding the second day of its 2-day event today in Chicago for the managed futures space.~JK Gate39 Media has published two pieces in a series on managed futures marketing and business development by Jim Kharouf for Gate39. Part one is on…

New CyrusOne Colo Service; VIX lawsuit; Saudi options due after futures launch JLN Options Newsletter,Newsletter,Options

Observations & Insight August 2018 Options Exchange Marketshare via OCC ++++ Wednesday Bits Spencer Doar – JLN Market participants have until September 14 to comment on a Nasdaq proposal “to codify the definitions of the current protocols that Participants can use to enter quotes and orders on the Exchange and introduce a new protocol.” If you’re not a market maker, consider yourself excused from reading that. Pretty much the protocol formerly known as “OTTO” is going to be “QUO.” And the old “OTTO” is going to replaced by a new, revamped “OTTO.” Got that? Cboe is continuing its rebranding efforts,…

Big banks win dismissal in U.S. of bond rigging lawsuit; Finally, CME honors its investors John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff In case you were wondering who CME Group’s Class B board members are: Jeffrey M. Bernacchi, Gedon Hertshten and William W. Hobert were elected in May for one-year terms. CME’s Class B-2 directors are Ronald A. Pankau and David J. Wescott. The Class B3 director is Elizabeth A. Cook. There soon may only be three.~JK In PanXchange’s most recent newsletter, CEO Julie Lerner writes that she is “exploring the appetite to launch a global physical commodity blockchain alliance” with the goal of developing a roadmap for blockchain applications by those who actually know…

CME Strike Prices and Cboe’s Proposed Rule Changes Newsletter,Options

Observations & Insight The Longest Market Rally in History? Take a Closer Look Elena Popina – Bloomberg You’ve probably heard: it’s the longest bull market ever. You’ve probably also heard: no it isn’t. What’s the story? According to a loose consensus, bull markets are rallies that go beyond 20 percent and are never interrupted by a 20 percent fall. In many corners of Wall Street, that means the S&P 500 rally that began in March 2009 is about to surpass all that went before. /bloom.bg/2nUYXDV ****SD: As a friend once said, “Agree to disagree? I’m not agreeing to anything.” (Also,…

Chicago’s CME Strains to Reflect Global Grain Trade John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff MarketsWiki Education World of Opportunity in Chicago is just a week away. There is still room to sign up students and interns for the series. For that matter, anyone is welcome who is interested. See www.marketswikieducation.com for details.~JJL For the first time in 11 years, I did not head north with my Boy Scout Troop for summer camp. However, I am going to make a day trip on Tuesday just to check on them.~JJL BarclayHedge reported that hedge funds took in $4 billion in May and assets remained at an all-time high of…

tastytrade raises $20m; February’s legacy; ETFs using derivatives; CME latency tricks Newsletter,Options

Observations & Insight Hot Friday In Chicago SD – JLN With all the trade rhetoric floating around and the market’s intraday gyrations, I haven’t felt the onset of stereotypical summer sluggishness. Until today. Something about waking up to “excessive heat” warnings on my weather app, spot VIX opening lower (S&P 500 up, Dow up, Russell up) and it being a slightly slow day for options news just feels like summer. Well, that and the fact that an array of fireworks have been going off in my neighborhood’s alleys since Wednesday… Speaking of black powder, it’s a short week next week…

America’s Largest Private Company Reboots a 153-Year-Old Strategy John Lothian Newsletter,Newsletter

reboot

First Read Hits & Takes JLN Staff Thank you to all who showed the JLN Team, including my son Robby, such incredible courtesy at IDX last week. Robby had a great experience and it was greatly enhanced by the friendly and professional manner in which he was engaged at the conference.~JJL At last week’s FIA IDX panel on crypto, a poll of the audience on the prospects for crypto-based products showed that 42 percent thought it was a “long-term sustainable” market/product, 32 percent said medium-term and 25 percent said it was short-term, or a flash in the pan.~JK Thou shalt…

CME’s Options Electronification Boom and Global Participation Feature,Mwiki,Video,video

CME Group’s deal to acquire NEX and become a Treasury behemoth grabbed recent headlines, overshadowing the fact that the exchange group’s options franchise has been growing like gangbusters on the screen and globally.  Recent records – there are a slew – are no happy accident.  In this video, Derek Sammann, ‎CME’s senior managing director, global head of commodities and options products, covers the catalysts behind this multi-year growth story.     Produced by Mike Forrester Interview by Spencer Doar