Breaking News

Tag Archives: Deutsche Bank

Push for MiFID II Delay; Libor settlement; Bond volatility Newsletter,Options

Observations & Insight The Kooky News for Friday the 13th Spencer Doar – JLN Befitting the day, there are indeed some weird happenings in our markets. First, recall the release in Observations yesterday – TradingScreen Majority Shareholders Initiate Criminal Legal Action Against Giampiero Grandi, Board Chairman, For Misappropriation Of Corporate Assets. TradingScreen responded to that release with a statement, saying the allegations made were: “false, baseless, and meritless, and has been propagated by the company’s disgruntled former CEO [Philippe Buhannic], who was fired by the Board for cause last year after intentionally hitting an employee in front of numerous witnesses…

Are Chicago trading firms losing out in consolidation?; Hackers target weakest links for insider trading gain John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff As part of the sponsorship of the MarketsWiki Education Recruiting event, some sponsors get a one-minute video produced to tell the story of their internship program. Here is the one from HC Technologies titled, “HC Technologies Talks About Shaping the Next Generation of Derivatives Traders.”~JJL Congrats to Adrienne and Stuart Muir, Alison Hood, Cathy Lyall, Wendy Deguara, Clive Furness, Clare Black, Katy Birch, Jo Sullivan, Rob Alexander, Jo Shannon and Julie Carruthers, who raised £9,748.75 for NICU at Evelina on September 30th. Ibuprofen and heat/ice help.~JK From MarketsWiki: The Indian Energy Exchange…

Sun Trading up for sale; Plight of Deutsche Boerse’s Kengeter; MiFID negotiations John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Resumes from students interested in the MarketsWiki Education Recruiting event on October 16 are starting to flow to us. If you know of a student who may be interested in an internship opportunity in the industry, please direct them to www.marketswikieducation.com. Look for the “Send Us Your Resume” link in the upper right. Our sponsors for the event so far include CBOE, Geneva Trading, OCC, ED&F Man Capital Markets, Fidessa and NFA.~JJL Students attending our MarketsWiki Education Recruiting event can get a FREE studio quality photo taken at the event, courtesy of…

U.S. pension funds sue big banks over stock lending; Henry Hub Emerges as Natural Gas Benchmark; SEC officials’ potential conflicts John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff The CBOE has informed us the speaker for the MarketsWiki Education Recruiting event for the CBOE will be Ed Tilly and/or Chris Concannon. So there you go.~JJL Our post yesterday on Asia Pacific Financial News is available HERE.~JJL It was a action packed week for the Trading Tech 300 program with NEX Group, Nuveen and Enova International offering merit badges to Chicago area Boy Scouts. The feedback from Scouts, parents and Scouting professionals has been terrific. One Scout said the NEX Group session was the “best of the best” of Trading Tech…

LedgerX gets U.S. approval for derivatives on digital currencies; Wall Street’s Grip on Bond Trading Means a 1% Gain Takes 3 Years; Deutsche Bank Weighs Moving $350 Billion From U.K. to Frankfurt John Lothian Newsletter,Newsletter

First Read Hits & Takes We’ve heard the education, education, education mantra for many years now. Today’s JLN brings you some of the firms living up to that refrain – Magnetar, Divento, John Lothian News and Boy Scouts. How we teach the next generation of youngsters will define our industry in the coming years. ~JK One of the many cool things about JLN’s MarketsWiki Education World of Opportunity summer education series is you never know exactly what any given person is going to talk about. Sometimes, the talks are so widely relevant and informative, it doesn’t matter if the audience…

CME Obtains Regulatory Clearance to Launch OTC FX Options Clearing; Deutsche Bank Faces Possible $60 Million Derivative Loss; Low volatility belies fragile U.S. stocks: reports Newsletter,Options

Observations & Insight Using A.I. to Address the Compliance Challenge JohnLothianNews.com “Historically for a lot of these artificial intelligence tools, they were very bespoke builds — and a lot of them still are. What we’re really working on is taking the concepts and building more generic tool sets that you can provide to lots of different people.” As regulatory scrutiny spreads to more asset classes, so too do the challenges for compliance teams. Tony Sio, head of exchange and regulator surveillance with Nasdaq, believes artificial intelligence is the way forward. Artificial intelligence has been around in varying forms for years,…

Stock Exchanges Squabble Over End-of-Day Auctions; Defining moment for investors looms as MSCI rules on China; Wind and solar expected to supply third of global power by 2040 John Lothian Newsletter,Newsletter

First Read Jim Kharouf Will be On Twitter Live on @JohnLothian at 11 AM CST Today We will be interviewing Jim Kharouf today on Twitter Live on my twitter handle, @johnlothian, about the FOW-JLN Trading Chicago event held in less than two weeks, on June 28th at Swissotel. We have a great lineup of panels and speakers. If you are from the trading side of our markets – CTAs, hedge funds, prop firms and asset managers are free at attend. For full conference information, click HERE. Attendance is filling up, so register now. I have not used Twitter live much….

Listen Luddites, This Market Action Is About the Machines; Fed raises rates, unveils balance sheet cuts in sign of confidence; Deutsche unifies capital markets businesses Newsletter,Options

Observations & Insight Eurex CEO Sees Plenty of Structural Growth Potential JohnLothianNews.com “We also see a lot of structural growth potential… If we look at the equity index complex, there is a clear trend of many asset managers moving to passive investment structures. We see that … on the derivatives side [adding] new liquidity pools to global index families.” Thomas Book, CEO of Eurex Frankfurt AG and Eurex Zurich AG, believes the exchange can take advantage of the opportunities presented by a changing European landscape. Low interest rates for a long time equated to low interest in Eurex’s fixed income…

Ex-Trader Linked to Deutsche Bank Is Aiding U.S. Spoof Probe; The Bloody Fight for ETF Scraps Is About to Get Even Worse; Quant Manager of $6 Billion Backs Stocks Hidden From Front Pages John Lothian Newsletter,Newsletter

First Read Newest Criminal Spoofing Case Features Coordinated Spoofing and Front Running Renato Mariotti, Thompson Coburn LLP On last Thursday, June 1st, the Justice Department entered into a plea agreement with a trader named David Liew, publicly revealing the existence of the third-ever criminal spoofing case, which had been filed under seal on January 3rd. In the plea agreement, Liew admitted that from December 2009 to February 2012 he conspired with other precious metal traders to engage in spoofing on hundreds of occasions and to commit fraud by misleading other market participants via his spoof trades. Liew’s former bank is…