Breaking News

Tag Archives: CME

Robinhood evaluation?!?; VIX rigging talk Newsletter,Options

Observations & Insight Chicago Venture Capital Firms Are Funding Fintech Sarah Rudolph – JLN Chicago may not be doing as well as some other cities in certain areas, but it is leading the charge in technological innovation in the financial world and in the crypto world. Several Chicago-based venture capital companies took part in a panel on financial innovation moderated by Chuck Mackie, consultant at Maven Wave Partners and contributing editor to John Lothian News, at The Trading Show Chicago on Thursday. DRW works with companies on development in the later stages. Its Digital Asset Holdings venture, headed by Blythe…

Barclays CEO Hit With $850k Fine; Former JPMorgan trader charged FX fixing John Lothian Newsletter,Newsletter

First Read Chicago Venture Capital Firms Are Funding Fintech Sarah Rudolph, JLN Chicago may not be doing as well as some other cities in certain areas, but it is leading the charge in technological innovation in the financial world and in the crypto world. Several Chicago-based venture capital companies took part in a panel on financial innovation moderated by Chuck Mackie, consultant at Maven Wave Partners and contributing editor to John Lothian News, at The Trading Show Chicago on Thursday. DRW works with companies on development in the later stages. Its Digital Asset Holdings venture, headed by Blythe Masters, is…

CME About to Win 14 year old Eurex Suit; SEC’s Retail Protection Plan Short on Details John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff CFTC Commissioner Brian Quintenz will give an introductory keynote Address at Consensus 2018 on May 14 in New York.~JJL The uber efficient Jessica Darmoni interviewed Wedbush’s Bob Fitzsimmons for exactly three minutes for the Hehmeyer blog.~JJL OCC offers the FidelityStudent Debt Contribution Program to their employees to aid in efforts to attract and retain the best talent.~JJL CME Group had 3116 bitcoin futures contracts trade yesterday. Cboe saw bitcoin volume of 7,062 contracts yesterday.~JJL The list of firms offering bitcoin trading on the Cboe includes Advantage Futures, ED&F Man Capital Markets, E*Trade, Interactive…

ICE working on bitcoin platform; SEC’s Piwowar stepping down; NY AG quits John Lothian Newsletter,Newsletter

ICE

First Read Hits & Takes JLN Staff Galina Hale, Arvind Krishnamurthy, Marianna Kudlyak and Patrick Shultz from the Federal Reserve Bank of San Francisco have published an economic letter, “How Futures Trading Changed Bitcoin Prices.”~JJL You may know Matthew Scharpf as the extraordinary vice president of fixed income derivatives and clearing, Americas at Eurex in Chicago. But he’s an equally talented musician with a new album called “All That I’ve Left” which is now officially released and available on iTunes, Amazon, Spotify, Pandora, Napster and CDbaby. Matt’s band will be playing live on May 12 at Wire in Berwyn, IL…

US judge scraps trial into CME Group’s defence of home market; Fed Reserve checking account? John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Former Barron’s columnist Steve Sears has emerged as the chief market strategist for StratiFi Technologies. Eurex Clearing’s new partnership program, aimed at creating an EU-based clearing facility for interest rate swaps, cleared a record EUR1.7 trillion in March.~JK Cboe Global Markets’ FX volume rose 37 percent to $762.9 billion in April, up from $554 billion a year earlier. Year-to-date notional volume is up 41 percent.~JK Did you know Cboe has an office in Quito, Ecuador?~JK Joe Noviello, the former head of eSpeed, is now managing director of Dealerweb Technologies at Tradeweb, according to…

Bitcoin is the greatest scam in history John Lothian Newsletter,Newsletter

scam

First Read Hits & Takes JLN Staff Exchange clearing specialist and economist Thom Thompson has joined John Lothian News part-time as a contributing editor for the CryptoMarketsWiki.com project. Thomson has worked with the Chicago Board of Trade, BOTCC, Deutsche Boerse, Eurex, Eurex Clearing and the Swiss Exchange in a career that began at the CFTC as an industry economist. More recently, Thomson has worked with exchange startups Seed CX and Bcause. He can be contacted at thomthompson@johnlothian.com.~JJL If you wish to vote for whatever horse you have in the Intelligent Trading Technology Awards race, go here. ~SD Hanweck has been…

FINRA Sweeps BDs for VIX-Linked Products Info; Earnings Season Catalyst to Crush Volatility Again Newsletter,Options

Observations & Insight Treasury Pushing For Capital Rule and Volcker Changes Jim Kharouf – JLN The US Treasury Department is addressing capital intensive rules that have constrained market participants from capital markets to community banks under the Volcker rule. Craig Phillips, counselor to US Treasury Secretary Steven Mnuchin, speaking at the WFE IOMA conference in Chicago last Friday, said the department is looking at a variety of issues and challenges for market participants, ranging from restrictive leverage ratios and how those are calculated, to easing restrictions on banks and institutions in the capital markets to promote liquidity, to changes in…

Investors Brace for More Turbulence; Bearish VIX?; Market disconnect Newsletter,Options

Observations & Insight Editor’s Notes JLN Staff -A new episode of The Spread will be available at the end of the day. Follow JLN Options on Twitter to keep up to date on our activity. #MadeAGoalToBeMoreActiveOnSocialMediaAndYesIKnowLongHashtagsAreCounterproductive -Always wanted to ask Nassim Taleb something? Now might be your chance to get a question answered as Tyler Cowen is polling his audience for ideas in preparation for an interview with Taleb.~SD – Yesterday marked the 228th birthday of the Philadelphia Stock Exchange (PHLX). The following comes from Daniel Carrigan, president of Nasdaq Futures, Inc.: “PHLX was formed to support a fledgling U.S….

Regulatory Crypto Crackdown; CME grain pushback John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Intercontinental Exchange Group’s market cap was $42.2 billion yesterday. Last August, it was $38.8 billion. In 2005, after its IPO, it was $2 billion.~JK Yesterday marked the 228th birthday of the Philadelphia Stock Exchange (PHLX). The following comes from Daniel Carrigan, president of Nasdaq Futures, Inc.: “PHLX was formed to support a fledgling U.S. government which borrowed $77 million from citizens to wage freedom from Britain. The first private debt offering was listed for trading in 1795 for The Penn and Lancaster Turnpike. The certificate contained the first picture imprint on a certificate…