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Michael Kraines Named Chief Financial Officer of Trading Technologies ; Euronext targets family businesses with new initiatives; ‘Brexit’ Talks Can’t Start Without Parliament, U.K. Supreme Court Rules John Lothian Newsletter,Newsletter

First Read Michael Kraines Brings 25 Years of Strategy Experience as Trading Technologies’ New CFO Sarah Rudolph, JLN It’s time for some strategic thinking. Trading Technologies has announced the hiring of its first ever chief financial officer, Michael Kraines. Kraines has been in the fintech business for more than 25 years. Though he knows technology, his background is “really very externally facing,” he said in an interview with JLN. His forte is putting people and companies together, and he hopes to add more partnerships, joint ventures and alliances to TT. “I am a strategy guy and have a background looking…

Buying Options for a Volatile 2017; Quadruple witching day is not that scary for markets; Commodity options face implementation, logistics hurdles Newsletter,Options

Lead Stories Buying Options for a Volatile 2017 Steven M. Sears – Barron’s In 2017, trading patterns are likely to be so erratic and sector performance so uneven that at times the proverbial wall of worry may solidify into the real thing—especially if President-elect Donald J. Trump’s “QE4” stimulus policies, in particular lower corporate tax rates, differ from Wall Street’s expectations. Hence, one of the great trades of recent years—selling puts to profit from rising stock prices—may prove tricky. Investors may find greater rewards buying options. Call buying is around the highest levels on record, dating back to 1997. Bullish…

Nobel Laureate – Buffett’s WMDs Help Society; How air pollution on Wall Street might actually be bringing down the stock market; Commodity traders must go digital or face extinction – report Newsletter,Options

Observations & Insight Bits & Pieces JLN Staff The CME reported third quarter earnings this morning and a couple of items were worth noting. CME is making progress in its ongoing efforts to attract Asian customers. CME CEO Phupinder Gill told analysts that the region has been a strong contributor to CME’s metals and energy product groups. Volume in its natural gas options out of Asia rose 104 percent, and in metals, volumes from the region were up 44 percent. The other item worth mentioning is that the daily options volumes on CME’s Globex platform hit an all-time high in…

Downey’s Money.net Takes FIA Innovator Award Fintech,Video

Market data and information service looks to disrupt the Bloomberg and Reuters space with new ultra-low priced offering The winner of the FIA’s first ever competition for Innovator of the Year at the 2016 Expo in Chicago was Money.net, which was chosen by a panel of industry experts from 18 finalist companies picked from a larger group of fintech applicants. The company, started in 2014 by CEO Morgan Downey, aims to provide the same type of market information as Bloomberg and Reuters for 1/15 of the cost. Money.net is trying to disrupt the market information space, which pulls in $26…

Feeling Sentimental: A New CME Group And Purdue University Indicator Shows Farm Sentiment Blog,Commentary

The University of Michigan developed its consumer sentiment index in the late 1940s and now it is a widely followed leading indicator of consumer behavior. Purdue University and CME Group hope to have come up with a similar indicator with the release of their Ag Economy Barometer. “We felt that there was an information void with respect to sentiment of producers in the agricultural sector and that coincided with what CME was looking for — they wanted something that matched up with what takes place in the macro economy,” said Jim Mintert, Purdue’s director of the Center for Commercial Agriculture…

Dan Day-Robinson, Chairman, Swiss Futures and Options Association – Embracing Change Financials,video

“…While some may see them as the crazy ones, we see genius. Because the people who are crazy enough to think they can change the world, are the ones who do. – Rob Siltanen, the creative genius behind Apple’s “Think Different” campaign” Dan Day-Robinson will be the first to tell you he has a flair for the dramatic. As a former market maker, investment banker and now head of a trade association, he has hundreds of stories, and he knows how to tell them. He takes us on a rollicking tour through his years in the financial world, including his…

Lee Hodgkinson, Euronext – Lessons from the 4-Minute Mile video

“Everything is possible; nothing is easy.” Roger Bannister, Clarence “Captain” Birdseye and Fedex founder Fred Smith all have one thing in common – they each proved that something previously declared “impossible” was not impossible, just really difficult. Whether it is the 4-minute mile, flash-frozen vegetables or getting a package delivered “absolutely, positively, anywhere overnight,” it can be done, says Euronext UK CEO Lee Hodgkinson in this MarketsWiki Education talk. He says that achieving the impossible requires focus, persistence and determination. Nothing is impossible, says Hodgkinson, except running slowly while moving your arms really fast, and trying to eat three donuts…

Sandra Ro, CME Group – Financial Services Disruption: the Rise of Bitcoin and Blockchain Tech / HFT,Video

“There is this big debate as to whether bitcoin is a currency or a commodity. I would argue that it is its own category.” Sandra Ro is a veteran in the world of bitcoin and blockchain, which simply means that she has been following the cryptocurrency and its underlying technology for over two years. In this MarketsWiki Education talk, Ro takes us through the nascent world of digital currencies, from the volatility of bitcoin, to the rise of blockchain technology and massive investments being made by venture capitalists, banks and other strategic investors. According to Ro, the next few decades…

African Exchanges Emerge at SFOA Conference in Switzerland Blog,Commentary,Uncategorized

Emerging markets face many economic challenges, not the least of which is setting up exchanges in order to facilitate price discovery and to help farmers and others hedge their products. But with the help of mobile technology and a spirit of cooperation among regions, some exchanges in Africa are getting started for the first time and attempting to create alliances that will help bring price transparency and hedging to the region. Leaders of these exchanges spoke about their plans at a panel at the SFOA Conference in Geneva, Switzerland. Africa has enormous potential for growth, with more than 30 out…