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Chinese-backed bid for Chicago Stock Exchange hits a snag; Nasdaq seeks boost from bitcoin products; Clash Between Founder and Protégé Plunges Och-Ziff Into Crisis John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff The FIA’s volume release today revealed global futures and options volumes in 2017 were flat, with 25.1 billion contracts traded. Options volumes were up 11 percent and futures volumes slipped 6.6 percent. The top exchange by volume was CME Group with 4 billion contracts traded, up 3.7 percent from 2016, followed by the National Stock Exchange of India with 2.4 billion contacts, up 16.3 percent and the Intercontinental Exchange with 2.1 billion contracts (futures and equity options), up 4.3 percent. ~JK John Lothian News revamped its MiFID II page in Marketswiki. The page…