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Tag Archives: cryptocurrencies

Powder Keg Threatens Corporate Bond Market; New Crypto Consortium Seeks to Alleviate Liquidity Problems John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff John J. Conheeney has passed away. See the NFA statement below.~JJL CQG is hosting their 7th annual charity softball game next week before the start of FIA EXPO in Chicago. Players and audience are welcome to show up at the Grant Park Softball Field #1 at 2 p.m. on October 16. Try your hand (no gloves needed) at playing beside the Most Interesting Man in the World, Pat Kenny, against the cricket players from overseas.~JJL Speaking of the Most Interesting Man in the World, he is moderating a panel discussion for EXPO on…

Custody Battle Brewing Over Crypto Assets, and That’s a Good Thing Blockchain,Commentary,CryptoMarkets,Feature

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It was just a few months ago that the cryptocurrency markets were bemoaning the lack of institutional-grade custody services. Without them, no right-minded fund or asset manager was going to get anywhere near this market. And if they did, they had already written their firm’s obituary and put it in a drawer just in case. It reads something like this: “Thank you, dear customer, for investing your hard-earned fiat currency into our kick-ass digital asset fund. Unfortunately, someone in the Seychelles, Pyongyang, Kiev, Tehran or all of the above has stolen our crypto assets. With regret, we will be liquidating…

NYSE Cuts Jobs at CHX; Trump Lost Investors’ Confidence; Alleged NYSE Scheme John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Correction from JLN yesterday. Renato Mariotti will be speaking at MarketsWiki Education on Thursday, not Monday as scheduled. Bill Weldon was moved to Monday and Jessica Darmoni will speak on Tuesday.~JJL Today’s MarketsWiki Education World of Opportunity event will again be at the Stuart School of Business at Illinois Tech on West Adams in Chicago, starting at 3:00 p.m. CT. Here is our list of speakers: *John Tornatore – Cboe Global Markets *Mike Phillips – VSEC LLC *Jessica Darmoni – The Title Connection *Melinda Schramm – The NIBA *Don Ross – CODA Markets…

SEC votes to improve oversight of dark pools; Powell’s Crypto Comments John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff ICE‘s Data and Listings segment generated revenues of $2.5 billion in 2017 and accounted for 54 percent of its consolidated revenue of $4.6 billion in 2017, according to its annual 10-K filing.~JK The Security Traders Association of New York, Investment Traders Association of Philadelphia and Security Traders Association of Chicago are all holding golf outings in the next month or so. Join the links – for more info.~SD EEX set a daily trading record for potato futures. The 1,239 contract record is the physical equivalent of more than 30 tonnes of taters.~SD Cheers…

Ready to Follow Through – Chris Concannon, Cboe Feature,Mwiki,Video,video

CBOE and Bats officially became Cboe Global Markets in 2017, which meant much of the year was spent laying the foundations for further integration. Of course, there was also the under-the-radar launch of a crypto futures product, too. In this video from JLN’s annual series with industry leaders, Chris Concannon, Cboe’s President and COO, talks about complex order book functionality, the future of a crypto ecosystem at Cboe, how Cboe prepared for more technology migrations on its exchanges and more.

What the World’s Governments Are Saying About Cryptocurrencies John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff A young man from my church is going to graduate from college in May and is looking to embark on the beginning of his career in finance. He eventually wants to work in the hedge fund area. I told him there are many paths to get there. He is an outstanding young man, an Eagle Scout from a good family and already dresses like he could be a London banker. He is the founder and president of his college’s investment club and finance director for a consulting company and his college fraternity. If…

Bear Stearns Meltdown Wreck; Decision time for Michael Spencer; Deductive Reasoning or Insider Trading? John Lothian Newsletter,Newsletter

First Read Potential CME-NEX Deal Is Full of History, Dilemma, Risk and Reward John J. Lothian – JLN For many years, the Chicago Board of Trade had cash treasuries envy, wanting to add the trading of cash treasury bonds and notes to its offerings. For many years, the CME has had cash currency trading envy. Both exchanges, now part of the CME Group, have tried to compete in cash Treasury and FX through various collaborations and initiatives. None of them succeeded. Chicago Board Brokerage and FXMarketSpace are long gone, but the desire to add treasuries and cash FX trading has…

Central Banks Urged to Study Digital Currency Risks and Rewards John Lothian Newsletter,Newsletter

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First Read Hits & Takes JLN Staff Boca Bits: Today we announced in a Special Report to the readers of this newsletter that John J. Lothian & Company, Inc. has begun work on a microwiki site named CryptoMarketsWiki.com. Click HERE to see the release.~JJL Jessica Titlebaum Darmoni, founder of The Title Connection and co-founder of WILD, was on Anthony Crudele’s Futures Radio Show recently. Here is the link to LISTEN.~JJL Seismic Foundry closed its second investment on Monday with a regulation technology start-up called Enforcd, which provides a regulatory database for institutions. The platform includes news, analysis and statistics that…

Bitcoin-Futures Regulator Clears Employees to Trade Crypto Coins John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff It is with sadness I report the passing of Betty Bergstrom, mother of my wife, Cheryl Lothian and of my brother-in-law and JJLCO CIO, Jeff Bergstrom. She died Saturday in Chicago at the age of 86. Betty was a natural leader, an elected official, non-profit executive and advocate for women and children. Here is the obituary we are submitting to the newspapers in Chicago and Phoenix.~JJL Do you know what Vermeg is? The firm just bought Lombard Risk and is expanding its footprint. We have a new page up on the company in…