Breaking News

Tag Archives: Duco

Traders of ETF Options Deviate From Forecasters on OPEC Deal; OCC Comments on Essential Aspects of CCP Resolution Planning; Bumpy Ride Ahead for Investors as Presidential Election Looms Newsletter,Options

Observations & Insight Welcome to FIA EXPO Week By John J. Lothian Welcome to FIA EXPO week in Chicago. The global derivatives/financial/technology industry converges on the Hilton on South Michigan Avenue tomorrow as the conference officially begins then. It will be a week of news, meeting colleagues and old friends and a little bit of socializing. Just be careful out there. The Windy City is living up to its name as tremendous winds, not created by blow-hard politicians, has descended on the city. John Lothian New will be out in force at the conference, and we will again be shooting…

Sit down, let me tell you how this works Commentary

When I sat down in Doha, Qatar with Yossi Beinart, CEO of the Tel Aviv Stock Exchange, at the World Federation of Exchanges annual conference last November, he outlined one of the key initiatives for the exchange – helping young companies grow. For many companies, Beinart said, access to capital is just one part of the puzzle. The other is finding access to people who can help small and medium sized companies assist in taking them to the next stage of growth. TASE aims to be one of those sources, he said, a novel approach for an exchange which traditionally…

Christian Nentwich, Duco – Selling Change to Giants MarketsWiki Education,video

“Many technology companies never make it over the first hurdle. They get so fixated on their technological achievement that they never find a business problem to solve.” The financial marketplace is in the midst of a technology-led revolution, as innovation and digital advances replace slow and inefficient systems and procedures with newer, faster, simpler and often more scalable ones. Christian Nentwich, founder of tech startup Duco, is a member of this new breed of market disruptors. But as he has learned, there are many, many facets that must come together between an idea, its implementation and, more importantly, monetization of…

Patrick Thornton-Smith: Innovation – Cars and Fintech Blog,Commentary,Tech / HFT

The recent ‘Thompson Reuters 100 Global Innovators Study’ made some interesting reading. It made me think about how innovation principles from some seemingly unrelated businesses are interrelated, such as cars and fintech. Of the 100 firms in the Survey, 10 were from the automotive industry and I considered three background themes that supported the innovation claim. The first was around patents. No real surprise there as patents can turn great ideas into commercial successes. Look at the technological advances in hybrid and full electric power cars like Tesla that, initially, dominated the patent space in the sector. The floor to…

A World of Opportunity Returns To London! Blog,Special Report

MarketsWiki Education is headed back to London next month for another round of our World of Opportunity speaker series geared toward “the next generation of market participants” – college students, interns, young professionals and anyone interested in the financial markets. We will hold three sessions, one on October 14 and two on October 15, all at Nasdaq, Woolgate Exchange, in the heart of the City’s financial district. The events feature executives from the CME Group, Nasdaq, London Metal Exchange and Euronext as well as fintech entrepreneurs, proprietary traders, bankers, regulators and more. Registration is officially open! With generous support from…

Innovation Incubation: TriOptima’s Mireille Dyrberg Looks at the Latest FinTech Trends Blog,Interview,Tech / HFT,Video

For the past several years, derivatives conferences have been all about regulation. But as Dodd-Frank, MiFID II and other global regulations move through the rulemaking phase to implementation and beyond, the focus has shifted from regulation to innovation. The 2015 FIA Europe International Derivatives Expo was all about fintech, and the top-to-bottom technology overhaul of the world’s financial markets. Mireille Dyrberg, chief operating officer of post-trade services giant TriOptima, spoke with John Lothian News’ Doug Ashburn at IDX 2015 about the innovation cycle, which technologies to keep an eye on, and the role of fintech incubators such as ICAP’s Euclid…

Reconcilable Differences: Duco’s Christian Nentwich on what can be done to address reconciliation problems in the financial industry Interview,Tech / HFT,Video

Christian Nentwich, CEO and co-founder of Duco, says the reconciliation landscape today is behind the times and that large chunks of it are being done manually, sometimes by hundreds or thousands of staff at the bigger brokerage firms. In some places there is too little reconciliation going on, and in others there is too much, he told John Lothian News at FIA Boca. A few years ago, there was a big trend of outsourcing reconciliation to offshore locations, he said. But “sometimes its not happening at all, especially in things like interbook and intercompany trading activities,” he added. For example,…

John Lothian Newsletter: Group of Financial Institutions Settles MF Global Suit; Finra to investigate US bond trading; ICE to launch euro cocoa contract John Lothian Newsletter,Newsletter

First Read Bats Says Exchange Fee Cuts Would Save $850 Million for Traders By Sam Mamudi – Bloomberg Another leading stock exchange operator has a plan to improve the $24 trillion U.S. equity market. Bats Global Markets Inc. suggested a reduction in fees for buying and selling some stocks that could produce industry savings exceeding $850 million for the most-active shares, according to a statement today. The Lenexa, Kansas-based company also said there should be a review of how brokers report where they send stock orders and what standards they use in making those decisions. jlne.ws/17ip0KZ ***** The discussion is…

John Lothian Newsletter: Market Turmoil Will Test the Post-Crisis Financial System; Top Democrat says regional banks key to Wall Street win on derivatives; NYSE to eliminate fees for some retail stock orders John Lothian Newsletter,Newsletter

First Read The Road Ahead: Donohue Leads OCC In a New and Pricier Era Sarah Rudolph – John Lothian News After 40 years as a relatively quiet clearing utility, the OCC has recently been shaken up. In just the past couple of years, the organization has seen dramatic changes in its leadership, staff, board and structure as it responds to new, more demanding regulatory requirements and a changing environment. Perhaps the biggest change has been the OCC’s new designation in the wake of massive regulatory changes since the financial crisis. In July 2012 the Financial Stability Oversight Council, established under…