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Tag Archives: eurodollars

CME Group to Exit OTC Credit Clearing Business; Robots Are No Match for the Human Bond Trader John Lothian Newsletter,Newsletter

First Read Robert K. Wilmouth Passes Away; Remembered as Respected Industry Leader and Colleague By John J. Lothian Robert K. Wilmouth, the founding National Futures Association president and CEO, passed away yesterday, the NFA said. Wilmouth served as head of the newly formed NFA from 1982 to 2003. He was succeeded by Dan Roth, who recently retired from the role and was replaced by Tom Sexton Wilmouth also served as the president of the Chicago Board of Trade for about five years. He was brought in by then exchange chairman William D. Hagerty, Jr. Wilmouth’s futures industry career was preceded…

How to be a Successful Trader – Jennifer Wilson Feature,MarketsWiki Education,MWEd,Mwiki,Video,video

“People who do well, they stick around. They invest more money and make the markets more efficient. People who don’t do well generally move on pretty quickly to other opportunities.” In this video from MarketsWiki Education’s World of Opportunity event in Chicago, Jennifer Wilson, partner at DRW, discusses what it takes to be a successful trader in today’s markets. When Wilson was starting out in the late ‘90s, the floor was a microcosm of pure commerce. Traders were doing what was best for their book which created a steady balance of supply and demand. In today’s electronic markets, things operate…

Big FX bets bunched around Jackson Hole meeting; Options trader gets 1.5 years in prison; VIX Options Volume Record Newsletter,Options

Observations & Insight No, Not the VIX – the VSTOXX Sarah Rudolph – JLN Even your dog has heard of the VIX, the Chicago Board Options Exchange‘s benchmark volatility index, but the VSTOXX, the benchmark for volatility in European stocks, is less of a household name in the U.S. Eurex has been trying to change that by adding more and more functionality to their VSTOXX products, starting out with spot prices and futures contracts on the index and then more recently moving into options on futures and ETNs. Yesterday, Eurex and Rival teamed up for a meetup in Chicago at…

Swap Meet: Eris Exchange’s Neal Brady Sees Capital Efficiency Driving Growth of Standardized Swap Contracts Interview,Regulation,Video

In September 2009 the leaders of the G-20 met in Pittsburgh to hammer out a coordinated approach to regulatory reform. Chief among their concerns in the wake of the financial crisis was a lack of adequate capital backstopping the system. Now, several years later, Basel III and other capital rules are coming into into force, making efficient use of capital a global priority. As Eris Exchange’s swap futures contracts continue to set new volume and open interest records, Eris CEO Neal Brady sat down with John Lothian News editor-at-large Doug Ashburn to discuss the emergence of swap futures as an…

Survey Says: It Depends Commentary,Financials,Managed Futures

Doug Ashburn

Tuesday marks day one of a two-day meeting of the Federal Open Market Committee. Will Fed Chair Janet Yellen offer up any clues as to the timing of a rate hike? Though the expectation is low that any fireworks are coming this week, many see the light at the end of the zero interest rate tunnel. According to a recent survey by Bloomberg , a majority of economists believe the market is underestimating the pace of upcoming rate hikes. Hedge funds and other leveraged money managers agree, according to the most recent CFTC Commitments of Traders (CoT) report. The report…

Tom Callahan – NYSE Liffe U.S. [INTERVIEW] Financials,Interview,Video

Tom Callahan

On September 15, 2011, NYSE Liffe U.S. reached the 10-million contract mark in its interest rate complex, first introduced in March of this year. Tom Callahan, CEO of the exchange, talked with John Lothian News (JLN) Managing Editor Christine Nielsen about the exchange’s growth in these contracts amid a tumultuous economic environment and evolving regulatory landscape.