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Tag Archives: cryptocurrency

Bitcoin-Futures Regulator Defends Oversight as Critics See Risks; DBOT ATS LLC Inc Announces the Official Launch of Blockchain-Powered Crowd Funding and Secondary Market John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff The newest edition of CME’s Off the Chart’s Podcast covers Bitcoin: Supply Growth, Mining Difficulty and Prospects in 2018. In a nutshell, it’s getting harder to mine bitcoin as it reaches its cap, which means supply will grow by less than 5 percent. ~SD Yesterday’s JLN Options covered rising popularity of risk premia strategies, SKEW vs. VIX, bitcoin options potential, the Intel chip flaws and more. ~SD VIX traded in the 8 handle yesterday. When’s the last time that happened? Oh, yeah, Thanksgiving. ~SD The weather phenomenon hitting the east coast right…

Bitcoin Futures Prices Fall in CME Debut; Why the Germans are right about economics John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff RJO has shot a holiday video featuring Gerry Corcoran and some of their staff. They even sang “Santa Baby,” featuring employees from across the organization. ~JJL Interesting, or a yawn? Day one futures volumes in Bitcoin at CME totalled 1,088 contracts with open interest of 233. Cboe posted volume of 4,127 contracts on its first day, a wild price day and 1179 in the January contract yesterday. ~JK You can make a donation to your favorite charities by using Amazon Smile when you buy items from Amazon. Go to Smile.Amazon.com.~JJL The New…

Young CEO Reshapes 140-Year-Old Metals Exchange; ICE Completes Trayport Deal w/ TMX; America’s Inequality Is Sending the Dow Soaring John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Georgetown McDonough School of Business offers a new fintech class. John Jacobs, executive director of the school’s Center for Financial Markets and Policy, will teach the course along with Perianne Boring, founder and president of the Chamber of Digital Commerce.~JJL The 2018 World Inequality Report is out. Spoiler alert – income inequality is increasing in “nearly all world regions in recent decades, but at different speeds.” Lots of graphics to parse through. The charts comparing Western Europe’s top 1% vs the U.S.’s top 1% on page 8 are pretty stunning.~SD CME Group has…

US financial regulators warn investors on bitcoin risks; Asian buyers spur bitcoin rise John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff A new survey from DTCC shows geopolitical risk as a top 5 concern of 69 percent of those surveyed – an all-time high. Plenty of other fun stats and infographics in there to digest.~SD Deutsche Boerse turned 25 years old. I believe I was once told that the average age of the people who started it was 28. ~JJL Have you seen the Chicago Blockchain Project?~JJL Yesterday’s JLN Options newsletter covered the lack of FX volatility, the potential for bitcoin options and the short vol trade.~SD The NFA staff coordinated the donation…

The Silent Screams of the Bitcoin Shorts Blog,Commentary,Feature,Fintech,Investing & Trading,Mwiki,ReformWiki,Tech / HFT

If bitcoin were a standard commodity or securities instrument, headlines would be screaming about how the “shorts” were being squeezed. With bitcoin in a parabolic price rise, some calling it a mania, there are no shorts to scream bloody murder. Many commodities and companies have key constituents who apply political pressure when futures markets are moving so sharply that common sense tells you there is something wrong or unbalanced happening in the market. Sometimes rules are changed or obscure procedures exercised at futures exchanges in order to accommodate an orderly liquidation of positions in cases where the powers that be…

Nasdaq Plans To Launch Bitcoin Futures; Irish Stock Exchange sold to Euronext; Bitcoin roller coaster John Lothian Newsletter,Newsletter

First Read Hits & Takes In a presentation for Risk Management Monitor, John Fennell, OCC’s executive vice president and chief risk officer, discusses how a risk culture audit can help companies identify challenges in corporate behavior and helps them reorient how they think about today’s increasingly complex risk landscape. You can read the article here.~SR Whether you think the crypto space is a bit-con or legitimate, it was disconcerting to see this article on Bitcoin.com yesterday – How to Buy Bitcoin When You’re Underage.~SD Yesterday’s JLN Options newsletter can be found here.~SD Asia Pacific Financial News from John Lothian News…

Other Voices: An Open Letter on Bitcoin Futures Blog,Commentary,Feature,Fintech

A lot of ink has been spilled over bitcoin and its variants. Lately, the conversation seems to be focused on whether trading bitcoin futures is a good idea. For what it’s worth, my view is that it isn’t a good idea – it’s a great idea.  Consider the following;  The futures industry exists to facilitate the transfer of risk. What asset (if that is what bitcoin is) could be more in need of risk management tools? Applying rigorous risk management to bitcoin can only help stabilize and legitimize crypto-markets.  Bitcoin and all of its variants can benefit from some supervision….

ICO regulation inconsistent as cryptocurrency bubble fears grow; CFTC Chief Works to Tweak, Not Decimate, Obama-Era Rules John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff To those who celebrated Thanksgiving yesterday, get outside and stretch your legs today, the deals for Black Friday can wait. ~JJL Chuck Mackie of Maven Wave has recapped the CME Group‘s GFLC in a blog post. ~JJL On Tuesday, November 28, the OCC’s Caroline Gillard is moderating a luncheon sponsored by FCS Chicago focusing on marketing to women. The lunch panel includes Jessica Titlebaum Darmoni, Jennifer Bennethum Burns and Allison Engel, and is the organization’s final luncheon topic for 2017. This will be the first time the FCS has hosted one of…

The Industry Discusses Cryptocurrencies and DLT, Part I Feature,Video,video

At the 33rd Annual FIA Futures and Options Expo in mid-October, John Lothian News spoke with a variety of industry participants about upcoming milestones and trends in financial markets. This fifth video in the series is the first to cover the crazily popular cryptocurrency space and its technological underpinnings. In part one, Ed Tilly, chairman and CEO of Cboe, Drew Shields, Trading Technologies’ CTO, Thomas Flake, the co-founder and chief marketing officer of bcause, Kevin Darby, managing partner at Blue Trading Systems and Chris Hehmeyer, CEO of Hehmeyer Trading + Investments share their thoughts on the future of the crypto…