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Tag Archives: derivatives

The Wild West days of crypto exchanges are coming to an end John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff HERE is a link to the Virtual Markets Integrity Initiative Report from the Attorney General of the State of New York that has spawned so many stories in today’s newsletter.~JJL Ed Tilly of Cboe will be riding in the Wall Street Rides FAR this year for the first time with this Cboe colleagues. Cboe Global Markets is a diamond level sponsor of Wall Street Rides FAR, an organization that promotes autism research through an annual series of charity bike rides outside of New York City. You can donate HERE to support Wall Street…

Credit Suisse Has a Derivative for Every Stock-Market Nightmare; OCC Declares 2017 Clearing Member Refund JLN Options Newsletter,Newsletter,Options

Lead Stories Credit Suisse Has a Derivative for Every Stock-Market Nightmare Yakob Peterseil and Sid Verma – BloombergQuint Bears may have gone into hiding, but Credit Suisse Group AG has found a way to coax them out. Mandy Xu, the bank’s chief equity derivatives strategist in New York, is pitching options that bet on a domino effect toppling the record-breaking rally in S&P 500 stocks. Trades sold to institutional investors by the investment bank envision a scenario in which anything from an inverted yield curve to rising rates to a spike in oil prices triggers an end to the longest…

The Risk of Derivatives Isn’t Gone. It’s Merely Morphed John Lothian Newsletter,Newsletter

First Read Look Who’s Talking By Thom Thompson, John Lothian News Last week many of us were surprised to hear EF Hutton talk again – Wow! They exist? – when Hutton issued three press releases over eight days. Hutton has emerged as potentially much cooler, socially conscious version of a money machine and not just because the money takes the form of cryptocurrency. It seems that Hutton’s brand had been hanging out somewhere deep in Citigroup until half a dozen years ago when it was resurrected and sent out to fare on its own. EF Hutton today is a broker…

Tail-Risk Hedging, Election Uncertainty and Quant Funds JLN Options Newsletter,Newsletter,Options

Observations & Insight Monday Funday – Wine, Analytics and a Contest Spencer Doar – JLN Always wanted to go to one of ALTSO’s great charitable events to network and listen to musicians from the industry? Here is a special chance to win two free tickets to ALTSO’s annual Rocktoberfest event on October 11 in Chicago. ALTSO’s modular prosthetic limb kit – the Joshi – is made of high quality aluminum and stainless steel. Guess what the closing price of Alcoa Corp (NYSE: AA) will be on Thursday, September 20 for your chance to win. Enter the contest here. Missed this:…

New York sues U.S. to stop fintech bank charters John Lothian Newsletter,Newsletter

First Read How blockchain may be used to create “smart cities” – an interview with Paul Doherty, founder and chairman of The Digit Group By Matt Raebel, John Lothian News Paul Doherty, founder and chairman of The Digit Group (TDG), a company that designs, builds, and maintains what he calls “smart cities” around the world, was one of the speakers at Chicago’s 2018 “Voice of Blockchain” event at Navy Pier last month. In 2017, Doherty accompanied Donald Trump on his trip to China as part of a delegation of 30 CEOs from major U.S. companies. The trip proved fruitful for…

VIX Volumes Soar; India’s Extended Derivatives Hours JLN Options Newsletter,Newsletter,Options

Observations & Insight The Spread – It Was Nasdaq Week – 9/14 JohnLothianNews.com What do an unexpected forecast for rain, long-standing animus in the clearing tech space and a speed bump have in common? In this week’s episode of “The Spread” the answer is Nasdaq. Watch the video and see the stories referenced here » ++++ What does your clearinghouse DEFCON scale look like today? Jim Kharouf – JLN Talk about timing. Ten years after the collapse of the global financial market and a decade of rebuilding it, Nasdaq reports that Nasdaq Clearing had to cover for a clearing member…

UK pensions could plug gaps with derivatives; Millenium closing Prediction Company JLN Options Newsletter,Newsletter,Options

Observations & Insight Tuesday’s Notes Damage caused by Hurricane Florence is estimated to be as high as $27 billion. It is approximately 900 miles away from North Carolina. Apparently, Renaissance Technologies has a 4.64 percent stake in Cboe. Some more stories about the repercussions of the financial crisis: –NY Times -> From Trump to Trade, the Financial Crisis Still Resonates 10 Years Later –Financial Times -> Backdrop for the next financial crisis is brewing –New Yorker -> The Real Cost of the 2008 Financial Crisis –MarketWatch -> Here’s what J.P. Morgan says could cause the next financial crisis –Bloomberg ->…

Bad bets offer a cautionary tale to investors; Second-guessing the volatility of markets can be costly Newsletter,Options

Observations & Insight The Spread – The Colo Down-low – 9/7 JohnLothianNews.com “The Spread” hasn’t covered Aurora, Ill. during its time on the web. We tick that box in this week’s recap. Watch the video and see the stories referenced here » Lead Stories Bad bets offer a cautionary tale to investors; Second-guessing the volatility of markets can be costly Brendan Geeley – FT (SUBSCRIPTION) Over several days in early February of this year, two retail exchange traded products lost more than 80 per cent of their value. Close to $3bn was wiped out. One product, which traded as XIV,…

WFE Response to “the Committees”; Robinhood aims for IPO JLN Options Newsletter,Newsletter,Options

Observations & Insight Friday’s Notes Spencer Doar – JLN President Trump indicated he is has another $267 billion worth of Chinese goods to add to the tariff list “if he wants.” In case you missed its publication in April, OCC President and COO John Davidson published A Decade After the Financial Crisis, These Lessons Can’t Be Forgotten. It’s worth a revisit now for obvious reasons. There have been plenty of stories about the financial crisis and its aftershocks to highlight this week, but the following – Millennials Are Sitting Out the Bull Stock Market by Barry Ritholtz for Bloomberg –…