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Tag Archives: financial crisis

Policymakers Saved the Financial System; CME-Nex deal filed with UK regulators John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Dawn D. Stump was sworn in to serve as a Commissioner of the CFTC yesterday at the Fearless Girl Statue in New York City; former CFTC Commissioner Jill E. Sommers administered the oath of office.~JJL CME Group’s market cap stands at $58.4 billion, up from $54 billion in March.~JK CTA Expo is holding the second day of its 2-day event today in Chicago for the managed futures space.~JK Gate39 Media has published two pieces in a series on managed futures marketing and business development by Jim Kharouf for Gate39. Part one is on…

U.S. Judge Says ICOs Covered by Securities Law; NY overtakes London John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff There were erroneous links included in the CMT Digital video released yesterday. Despite sharing two letters, CME’s options boom is not related to CMT Digital’s crypto endeavors. To view the video – Under The Crypto Hood With CMT Digital – go here. Apologies for the fat finger error and confusion. ~SD Andrew Ross Sorkin of the New York Times writes that The Wall Street Power Lunch Is Back, With Martinis and Impunity.~JJL North Carolina, set for the arrival of Hurricane Florence on Thursday, is the nation’s number one producer of both turkeys and…

Crypto Exchanges Embrace Controversial Practices; Weathering the financial crisis; Hurricane season John Lothian Newsletter,Newsletter

First Read US marks 9/11 with somber tributes, new monument to victims AP Americans are commemorating 9/11 with somber tributes, volunteer projects and a new monument to victims, after a year when two attacks demonstrated the enduring threat of terrorism in the nation’s biggest city. /jlne.ws/2x1TFLJ ***** The fire department by my house has a moving display of American Flags and signs documenting the various key events of the 9/11 day from 17 years ago. We shall not forget.~JJL ++++ Hits & Takes JLN Staff Today we have a report from JLN on CMT, reported by contributing editor Chuck Mackey….

Bad bets offer a cautionary tale to investors; Second-guessing the volatility of markets can be costly Newsletter,Options

Observations & Insight The Spread – The Colo Down-low – 9/7 JohnLothianNews.com “The Spread” hasn’t covered Aurora, Ill. during its time on the web. We tick that box in this week’s recap. Watch the video and see the stories referenced here » Lead Stories Bad bets offer a cautionary tale to investors; Second-guessing the volatility of markets can be costly Brendan Geeley – FT (SUBSCRIPTION) Over several days in early February of this year, two retail exchange traded products lost more than 80 per cent of their value. Close to $3bn was wiped out. One product, which traded as XIV,…

OCC Volumes; Flash Crashes; Position Limits JLN Options Newsletter,Newsletter,Options

Observations & Insight Remember, Remember the 15th of September Spencer Doar – JLN It’s that time of year again – the annual financial crisis reflection period. This year markets have a nice, round anniversary number to glom onto. I believe 10-year anniversaries traditionally merit gifts of tin or aluminum. I’m unsure who would be best to send those trinkets to… So there are plenty of stories floating around with plenty more to come. Here is what I expect to be one of many article lists covering issues, lessons and prognostications related to the global financial crisis. (I do hope the…

Liquidity concerns to fuel vol; CTC expands; Sebi’s derivatives rules Newsletter,Options

Lead Stories Goldman Warns of Liquidity-Fueled Sell-off After ‘Volmageddon’ Tracy Alloway – Bloomberg (SUBSCRIPTION) Weakened liquidity might have set stage for volatility surge; February event stands as warning to consider hedges: Goldman More than five months after February’s so-called volmageddon, the causal connection with a sudden slide in U.S. equity liquidity is only now becoming clear, according to Goldman Sachs Group Inc. /goo.gl/usP89x ****SD: Seems to be the bank concern de jour – the below story regarding Morgan Stanley’s research is also about liquidity. The Heisenberg Report has more on the notes here. Volatility highest since financial crisis, Morgan Stanley…

The Spread – Week of 4/23 to 4/27 Video,video

Who likes TV show theme songs (especially older ones that still live on through syndication)? If you don’t, well, shame on you, but watch this week’s episode of The Spread anyway for some updates on happenings in the options world. The stories referenced can be found below:  -Bloomberg – Options Traders Pile Into $80 Oil Bets as Trump Wild Cards Mount -OCC – A Decade After the Financial Crisis, These Lessons Can’t Be Forgotten -Cboe – Letter from Cboe CEO Ed Tilly and President Chris Concannon regarding VIX activity -Press Release – Matrix Executions Announces the Creation of a High Touch Trading Desk for…

Scott O’Malia, ISDA – The Financial Crisis and Its Aftermath Feature,MWEd,Regulation,Video,video

“When I first took the job, people said, ‘Scott, you know, it hasn’t been all that busy. You might want to think about getting a hobby.’ Well, the financial crisis hit. We had to implement Dodd-Frank. I had no need for hobbies. I had no time for hobbies.” In this MarketsWiki Education video, Scott O’Malia, CEO of ISDA and a former CFTC commissioner, breaks the aftermath of the great financial crisis into a three act play that parallels his career. First, O’Malia worked for a senator with a prominent role on the budget committee and helped with the initial legislative…

Anthony Pereira, Percentile – A Technical Ride Through Two Market Crashes MWEd,Video,video

“What [the dot-com bubble] made clear to me was that the marketplace and what was actually going on in the world of software development were two very different things.”   All Anthony Pereira, founder and CEO of Percentile, had wanted to do was build software and write code. That took him to the frontlines of two industry crises: he worked for a tech company during the dot-com bubble and a bank during the financial crisis. During the tech bubble, he saw paper millionaires get wiped out when his firm’s stock went from $300 to $6. With that came the realization…