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The Spread – Week of 4/2 to 4/6 Video,video

Lawsuits and volatility and a birthday – oh my! As the VIX ebbs and flows in a year proving quite different from the previous one, JLN presents another episode of The Spread, our weekly options-related news recap. The following are stories referenced in this week’s episode: -Press Release – Federman & Sherwood Announces Filing of Securities Class Action Lawsuit on Behalf of Investors in Credit Suisse VelocityShares Inverse VIX Short Term Exchange Traded Notes -Press Release – Robbins Geller Rudman & Dowd LLP Files VIX “Fear Gauge” Manipulation Class Action Suit against the VIX Exchange CBOE -Bloomberg – Nasdaq Options…

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…

Big bank tech arms race; South Korea Detains Crypto Execs; Rival Fidessa acquisition bidders ION and SS&C John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Euronext celebrated the 40th anniversary of its options exchange in Amsterdam yesterday. In conjunction, they also celebrated Drumming Day, a centuries old tradition commemorating the bravery of an orphaned boy who saved Amsterdam’s stock exchange from the Spanish during the Eighty Years’ War.~JJL It’s not surprising that once volatility returns, the media starts to cover options markets more. As such, yesterday’s JLN Options newsletter was chock full of content, including background on the Greek general Thucydides, an IP spat, convexity, unprepared traders and a dig at David Einhorn’s confusion over why his fund…

Bidding war erupts over Fidessa acquisition; Spotify debut; China retaliates John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Yesterday I |announced some promotions for John Lothian News staff members. Managing Editor Sarah Rudolph added the title head of editorial operations, and Spencer Doar was promoted to editor from associate editor. Jeff Bergstrom was given responsibility for cryptomarkets news, Mike Forrester was promoted to producer from video editor, and Jim Kharouf was named contributing global markets editor.~JJL While updating the titles for these JLN team members, we did a major overhaul of the MarketsWiki page for John J. Lothian & Company, Inc.~JJL Institutional Investor has published its annual Trading Tech 40 list…

OCC Volume Up 15 Percent in March; Vol’s Bite; Goldman’s Vol View Newsletter,Options

Observations & Insight March 2018 Options Exchange Marketshare via OCC Lead Stories OCC Cleared Contract Volume Up 15 Percent in March OCC OCC, the world’s largest equity derivatives clearing organization, announced today that total cleared contract volume in March reached 442,945,572 contracts, a 15 percent increase from March 2017. OCC’s year-to-date volume is up 32 percent with 1,400,345,396 cleared contracts in the first quarter of 2018, compared to 1,058,670,212 contracts in the first quarter of 2017. /jlne.ws/2GJUrmT ****SD: It will be nice to have volatility and increased activity to talk about at OIC this year. Volatility’s Bite Returns Ginger Szala…

SEC charges ICO backers with fraud; Libor alternative; UK gender pay gaps John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Dr. Richard Sandor, chairman and CEO of AFX, will discuss his personal journey of innovation throughout the capital markets during a keynote presentation at Fintech Exchange 2018 in Chicago on April 26.~JJL Speaking of the AFX, they set a volume record in March.~JJL CME Group put out a couple of pieces about Asia recently. In case you missed it, March 22 had The Growing Influence of Asia In Derivatives Trading and on March 29 CME published Asia’s Growing Role in Energy Trading. Sensing a theme yet?~SD According to their 2017 Corporate Citizenship Report,…

Did Options Markets Dive Off A Liquidity Cliff Last Month? Newsletter,Options

Observations & Insight Ready to Follow Through – Chris Concannon, Cboe JohnLothianNews.com 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. Watch the video and read the rest here…