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Tag Archives: FINRA

D is for Data: FinTech Exchange Blog,Commentary,Exchanges, OTC & Clearing,Feature,Fintech,Mwiki,Tech / HFT

The sold-out FinTech Exchange conference, hosted by Barchart, was largely about data – what to do with data, how exchanges are capturing new data and how to trade it. That, on its surface, isn’t particularly new. But the infrastructure to capture all kinds of data is now developed. The CME Group’s Julie Armstrong Menacho colorfully outlined how the exchange has migrated all of its historical data onto the cloud, giving customers greater access to it, along with a growing list of partners who provide alternative data sets like satellite images of oil storage facilities or social media sentiment. CBOE’s Catherine…

Deutsche Börse launches joint blockchain collateral project; Digital Asset’s New Challenger: DLT Disillusionment; The CEO of the world’s largest hedge fund says populism is now No. 1 market concern John Lothian Newsletter,Newsletter

First Read Dodd-Frank in Crosshairs as Law’s Opponents Take Power; About 80% of rules mandated by 2010 law have been drafted or finalized. What happens next? By RYAN TRACY – WSJ The Dodd-Frank financial overhaul is one of the longest and most complex laws in U.S. history, spurring hundreds of new rules affecting every corner of the financial system. For six years, it has reshaped the market for everything from ATM cards to credit-default swaps. /goo.gl/D37bzE **JK: What will cost more, repeal or keep? ++++ Bankers in Davos See Trump’s Team Making Wall Street Great Again by Michael J Moore…

Chicago retains role as capital of derivatives industry; Fintech Firm Could Help Unravel Mysteries Behind Flash Crashes; Who Cares About the Fed? Not the World’s Biggest Bond Fund John Lothian Newsletter,Newsletter

First Read Philip Stafford, Financial Times – “The Most Valuable Commodity I Know of is Information” MarketsWikiEducation.com “A market without information doesn’t trade, doesn’t move anywhere. It’s illiquid. Nothing happens and everybody goes away — [that’s] the last thing anyone wants. So information ends up being the most critical thing of all.” Philip Stafford of the Financial Times is both an insider and an outsider in the financial world. He does not make markets, code risk management software or hawk new share offerings to prospective clients. On the other hand, he speaks with people from all corners of the the…

Sectors Go Wild: S&P 500 Correlations Crumble; Clearinghouses Park Billions in New Fed Accounts; Yuan Options Most Bearish Since June as Traders See Sharper Drop Newsletter,Options

Observations & Insight Holiday Publishing Note Due to Thanksgiving, we will not be publishing this newsletter on Thursday or Friday. We will be back on Monday, albeit a few pounds heavier. A quick “Did you know?” about the holiday: Everybody has heard the old refrain that eating turkey makes people tired because of the amino acid tryptophan. However, turkey has pretty much the same amount of tryptophan as other meats and research shows that turkey doesn’t have any significant effect on drowsiness. In fact, simple overeating is the most common cause of post-meal lethargy. Tired or not, enjoy your Thanksgiving,…

John Lothian Newsletter: Finra to Examine Brokerage Firm Culture; Nasdaq and Tel-Aviv Stock Exchange Sign Landmark Strategic Agreement; Industry profile: HKEx’s Trevor Spanner John Lothian Newsletter,Newsletter

First Read Notes at the Top By John J. Lothian & JLN Staff If you have someone you know who is looking for a job, you should pass along the video we have published below featuring Paul McCormick at our MarketsWiki Education World of Opportunity Series in London this last fall. Paul has some of the best information and perspectives on getting a job I have ever heard. It is a must watch. I mentioned yesterday that my attendance at this year’s FIA Boca Raton conference is somewhat in doubt. The issue is my back, which has again become my…

John Lothian Newsletter: Bitcoin Is Officially a Commodity, According to U.S. Regulator; Former UK minister Hague to become ICE Futures Europe chairman; Finra Would Allow Brokers to Block Trades to Protect Seniors John Lothian Newsletter,Newsletter

First Read T4Youth – October 22, 2015 The second annual Table Tennis Tech Tournament, T4Youth, is kicking off this fall and you and your company are invited! Chicagoland technology companies will be competing to stake their claim as the #1 tech table tennis team. Our goal is to unite Chicago tech professionals around a common passion for table tennis in order to raise money and support future generations of technologists. Once again, all of the proceeds will be benefitting Chicago Tech Academy. jlne.ws/ZKRR6T ***DA: Last year, the team from DRW took first prize. Have a look at the “promo” video…

John Lothian Newsletter: Finra Strengthens Broker Penalty Guidelines; U.S. Set to Rip Up UBS Libor Accord, Seek Conviction; Europe Likely to Recognize U.S. Clearinghouses, LSE’s Rolet Says John Lothian Newsletter,Newsletter

First Read Star-studded Robin Hood Foundation galas raise $101M By James Covert, New York Post The Robin Hood Foundation raised a jaw-dropping and record-setting $101 million at its gala Tuesday night — and now it’s bent on raising a new generation of philanthropists as well. For the first time, the Big Apple’s biggest charity hosted two additional fundraising parties alongside its annual bash at the Javits Center, with both of them aimed at the next generation of New Yorkers who want to battle poverty in their city. jlne.ws/1AWhZru ***** A record $101 million raised, but some came in nice $25…

John Lothian Newsletter: CME speaks out on new Nasdaq energy threat; Global bank regulators call for more risk controls around algo trading; Big Banks Use Loophole to Avoid Ban John Lothian Newsletter,Newsletter

First Read Big Picture: Sandor Says Look Beyond US For Air And Water Markets JohnLothianNews.com Richard Sandor is one of the pioneers in financial derivatives and the environmental markets world as founder of the Chicago Climate Exchange. Now with his second book, Sustainable Investing And Environmental Markets, Sandor says this asset class has come a long way over the past 12 years but has a long way to go from here. “I think we’ve made enormous progress,” he says. “You wouldn’t necessarily believe it was true because of the lack of federal action in the the United States. But I…

John Lothian Newsletter: US banks face ‘golden parachutes’ challenge; Senior Nasdaq NLX executive to depart; ‘Flash Crash’ Investigators Likely Missed Clues John Lothian Newsletter,Newsletter

First Read Harvey Pitt on the Future of Stock Exchanges; The Big Board trading floor will become the next Apple store or Trump Tower, and other fearless predictions from the former SEC chief By HARVEY PITT, WSJ Predictions about Wall Street and its institutions can be exceedingly difficult. As Paul Samuelson, America’s first Nobel laureate in economics, wryly observed nearly 50 years ago, Wall Street prognosticators “predicted nine out of the last five recessions!” jlne.ws/1FqPJTp ***DA: Futures trading pits are perfectly sized and shaped to be retrofitted into giant hot tubs. ++++ Glut of Capital and Labor Challenge Policy Makers;…