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The Industry Discusses the Big Data Boom, Part I Feature,Video,video

At the 33rd Annual FIA Futures and Options Expo in mid-October, John Lothian News spoke with a variety of industry participants about upcoming milestones and trends in financial markets. This third video in the series covers the effects and future of the big data boom and will be accompanied by a second video on the subject. In part one, John Omahen, head of product strategy with FIS, Yuriy Shterk, head of derivatives product management for Fidessa, Davor Frank, senior solutions architect with Solarflare, and Ciarán Kennedy, chief sales officer for Metamako discuss the benefits and struggles surrounding big data.

SEC Approves Chicago Stock Exchange’s ‘Speed Bump’ for Trading; Trading Firms Fear Mutiny on MiFID Passport Data John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN ICE has made the inaugural Fortune Future 50 list, their ranking of companies best positioned for breakout growth.~JJL The FIA Expo panel on the geography of fintech was a draw regarding which city is best – London, Frankfurt/Berlin, Chicago, Boston or New York. But noted places of envy were the fintech sandboxes in Ontario and London.~JK Quote of the day comes from Kyle Zasky, partner at the investment bank SennaHill Partners, who said large banking institutions are at risk of being disrupted by fintech start-ups if they do not embrace and invest in…

2017 FIA Expo Preview with Walt Lukken Feature,Video,video

JLN sat down with Walt Lukken, President and CEO of the FIA, to discuss this year’s EXPO event in Chicago. Innovation is the theme this year at EXPO and Lukken is looking for the next generation of ideas.  At the innovators pavilion, 20 new and exciting start-up’s showcase their brand in front of a panel of judges. With 5,000 industry professionals in attendance, EXPO is a great way to connect with industry leaders, identify trends and staying informed about the latest developments in technology and regulation. Speakers include Craig Phillips of the U.S. Department of Treasury, along with Bob Woodward,…

Downey’s Money.net Takes FIA Innovator Award Fintech,Video

Market data and information service looks to disrupt the Bloomberg and Reuters space with new ultra-low priced offering The winner of the FIA’s first ever competition for Innovator of the Year at the 2016 Expo in Chicago was Money.net, which was chosen by a panel of industry experts from 18 finalist companies picked from a larger group of fintech applicants. The company, started in 2014 by CEO Morgan Downey, aims to provide the same type of market information as Bloomberg and Reuters for 1/15 of the cost. Money.net is trying to disrupt the market information space, which pulls in $26…

Dealing with structural complexity in global derivatives markets; The VIX – Not So Fearsome After All?; Treasury Yield Curve Flattens as Draghi Downplays Altering QE Newsletter,Options

Observations & Insight Run Gary Run By Jim Kharouf It has been almost two years since Gary Gensler left the Commodity Futures Trading Commission as perhaps its most talked about, debated and in some circles, despised chairman. To some, his unrelenting drive to pound home rules established by the Dodd-Frank Act was considered a declaration of war against the derivatives industry. To his supporters, his determination was lauded, and he was considered one of the guys who was ready to stand up to Wall Street and LaSalle Street all in the name of Main Street. Now Gensler has grabbed attention…

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…

FIA Expo: Acid washed options Blog,Commentary,Options,Regulation

The clear message from FIA Expo was that the options industry needs market makers and regulators are making it hard on market makers.   At the risk of sounding like “South Park’s” Mr. Mackey, that’s bad, m’kay? Adding to the current quandary of market makers in the options space is the sheer number of markets that need making. While kicking off the “Equity Options Exchange Leaders” panel, moderator Patrick Hickey, head of market structure at Optiver, discussed the bloated number of strikes that participants have to deal with when trading and choosing strategies. Hickey also displayed an illustrative graph of…

John Lothian Newsletter: Algo traders, regulators and the age of the ‘Wall Street’ second; SEC charges Scottish trader for Twitter fraud; CME Group seeks legal views on first U.S. spoofing conviction John Lothian Newsletter,Newsletter

First Read Representatives from FIA affiliates sign official documents to merge into a single organization. Photo Credit: John Rizzo Congratulations FIA, and Other Bits & Pieces from FIA Expo 2015 JLN Staff Congratulations are in order, on a couple of fronts. First, upon the signing yesterday that officially merges FIA Americas, FIA Europe (the former FOA) and FIA Asia. Check out the above photo to see some of the people who made it happen – Paul Davies, FIA Asia Chairman; Steve Sparke, FIA Europe Chairman; Walt Lukken, FIA President and CEO; Gerald Corcoran, FIA Chairman; Michael Dawley, FIA Global Chairman;…