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Tag Archives: FCM

Your Future Starts with You – Paul Georgy MarketsWiki Education,MWEd,Video,video

“We were gung-ho we were going to be commodity brokers. When one of the speakers walked into the room he said within one year, half of you are no longer going to be in business. Within two years, there will only be five of you left in business. And within five years, there’s only going to be one of you left in the business. I’m the survivor and pretty happy about it.”   In this video from MarketsWiki Education’s World of Opportunity event in Chicago, Paul Georgy, CEO of Allendale,  breaks down what it takes to be successful in the…

Big Banks Poised to Scoop Up Fintech Startups, Report Finds; Frankfurt-London Truce Died Along With Deutsche Boerse Deal; Data Clash Heats Up Between Banks and New York Stock Exchange John Lothian Newsletter,Newsletter

First Read NEX Stop, The Future Of Markets Jim Kharouf – JLN Sometimes the machine needs a reboot. Such is the case with NEX Group, the former ICAP group minus the ICAP voice brokerage business. By now, we know that NEX’s CEO Michael Spencer looked to the future and decided that voice brokering wasn’t it. That doesn’t mean it isn’t valuable. But it just isn’t what he wants to do with his time or shareholder money. So what’s left? Plenty actually, although it took me a while to figure it out. In a simplistic sense, the company is rolling all…

Robot Traders Jolt Life Into Slow-Speed European Stock Venue; Irishman targets more disruption in ‘trading war’ with Wall Street; Europe Needs a Higher Price on Carbon John Lothian Newsletter,Newsletter

First Read Take Our Survey: Yeah, really By Jim Kharouf, JLN Editor-in-Chief & CEO If you’re like me, you’re about to roll your eyes but hang in there. We need your help on our annual survey. If you’re still reading, it’s really import. This 3-minute survey helps us learn a bit more about our readers as well as what you like and what you don’t like about our publications and websites. It’s also a great place to leave us comments and suggestions for future content and services. We’ve tried to sweeten the deal this year by offering a chance to…

Brand New: Hehmeyer Moves Into Managed Futures & More Blog,Commentary,Feature,Video,video

Sometimes it’s time to diversify. Chris Hehmeyer formed a new firm called Hehmeyer Trading & Investments LLC that will expand into the managed futures and introducing broker space. The renamed company comes from his prior firm, HTG Capital Partners, which acquired Kottke & Associates in late 2016. The new name helps simplify things for Hehmeyer, who has integrated HTG’s proprietary trading operation along with Kottke’s commodity trading advisor and introducing broker business. Hehmeyer, who serves as CEO of the the new entity, sees plenty of opportunity in the CTA business. He said there is an appetite for non-correlated investments and…

OPEC Agrees to Cut Production in Drive to End Record Glut; A World Without Market Makers; No Absolute Immunity For Exchanges, SEC Tells 2nd Circ. Newsletter,Options

Observations & Insight Blockchain That Makes Sense: How Post-Trade Digital Ledger Technology Will Make Banks And Brokers Happy Jim Kharouf – JLN When you talk about the potential for digital ledger technology, words like revolutionary and transformative are often mentioned. Ray Kahn and Thorsten Peisl are not in the disruptor camp. Yet both left solid jobs in the financial markets and launched blockchain start-ups aimed at bringing new efficiencies to the marketplace. Their message about blockchain was clear at the World Federation of Exchanges annual meeting in Cartagena, Colombia this month. Yes, blockchain is coming. No, it’s not going to…

Blockchain That Makes Sense: How Post-Trade Digital Ledger Technology Will Make Banks And Brokers Happy Feature,Fintech

When you talk about the potential for digital ledger technology, words like revolutionary and  transformative are often mentioned. Ray Kahn and Thorsten Peisl are not in the disruptor camp. Yet both left solid jobs in the financial markets and launched blockchain start-ups aimed at bringing new efficiencies to the marketplace. Their message about blockchain was clear at the World Federation of Exchanges annual meeting in Cartagena, Colombia this month. Yes, blockchain is coming. No, it’s not going to turn this industry upside down and replace all of the key functions of the transaction chain. But it will save lots of…

Profiles: Tom Kadlec video

From regulation to technology to the revenue structure, futures commission merchants have experienced drastic changes over the last 30 years, as Tom Kadlec, CEO of ADM Investor Services, knows full well. In this John Lothian Profiles piece, Kadlec talks about his career in the futures markets, the importance of mentoring, current challenges and opportunities, and “The ADM Way.” In the winter of 1980, in the final stages of earning his accounting degree, Kadlec had a career chat with one of his finance professors at the University of Iowa, who suggested he try his hand at this “new business” – the…

Shipbuilding: RJ O’Brien Building Business in Tough Times Blog,Commentary,Special Report

Gerry Corcoran has seen plenty of ups and downs in almost 30 years at RJ O’Brien & Associates. The key is to be a bit of a contrarian – which means building when others are tearing business units down.   The firm, which holds $3.7 billion in segregated customer funds and is among the largest non-bank FCMs in the industry, has held its own in recent years. Low to negative interest rates globally haven’t helped, but the firm has steadily embarked on expanding geographically as well as adding new business lines for the firm. “We’ve circled the wagons around our…

Shipbuilding: RJ O’Brien Building Business in Tough Times Blog,Commentary,Special Report

Gerry Corcoran has seen plenty of ups and downs in almost 30 years at RJ O’Brien & Associates. The key is to be a bit of a contrarian – which means building when others are tearing business units down.   The firm, which holds $3.7 billion in segregated customer funds and is among the largest non-bank FCMs in the industry, has held its own in recent years. Low to negative interest rates globally haven’t helped, but the firm has steadily embarked on expanding geographically as well as adding new business lines for the firm. “We’ve circled the wagons around our…