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Tag Archives: FinTech

Asia Pacific Financial News from John Lothian News – August 22, 2017 Asia/Pacific,Banks, Brokers & Managed Funds,Blog,Fintech,Investing & Trading,Regions,Regulation & Enforcement

Lead Stories Yellen risks exposing old vulnerabilities in emerging Asia Enda Curran, Jeanette Rodrigues and Karlis Salna – Bloomberg. The populist leaders of India, Indonesia and the Philippines won office with promises of massive spending to upgrade their nation’s roads, railways and ports. Doing so, the thinking goes, would supercharge economic growth and emulate China’s success. https://goo.gl/xfAEwc Institutional weaknesses risk instability in East Asia; As growth slows, governments must focus on building social cohesion Nikkei Developing East Asia has enjoyed more than 40 years of growth, except for a brief crisis at the end of the last century. But the…

Building a Foundation – JB Mackenzie Feature,MarketsWiki Education,MWEd,Video,video

“Ask yourself if you’d be interested in an operations or compliance job. Because that gives you a foundation to help you excel.” In this video from MarketsWiki Education’s World of Opportunity event in Chicago, JB Mackenzie, director of futures and forex at TD Ameritrade, talks about the importance of understanding every detail about the technology influencing your industry of choice and how it can be a useful springboard for a successful career.   Mackenzie went to college in hopes of becoming a doctor, but after taking organic chemistry, he realized it wasn’t for him. He went into consulting in New…

Asia Pacific Financial News from John Lothian Newsletter – August 21, 2017 Asia/Pacific,Blog,Exchanges, OTC & Clearing,Fintech,Regions,Regulation & Enforcement

Lead Stories A Second Korean War Could Quickly Spread Across All of Asia By Brendan Scott and Adrian Leung – Bloomberg Northeast Asia’s geography reveals the peril of any strike; Great powers risk being drawn into escalating conflict A recent survey commissioned by the New York Times found that people who could find North Korea on a map were more likely to favor talks over military action. A glance at North Asia’s geography explains why. https://goo.gl/K2jCMK Global funds expanding into massive Chinese investment market Evelyn Cheng – CNBC UBS Wealth Management and Fidelity International are some of the major foreign…

Asia Pacific Financial News from John Lothian News – August 18, 2017 Asia/Pacific,Banks, Brokers & Managed Funds,Blog,Exchanges, OTC & Clearing,Fintech,Regions,Regulation & Enforcement

Lead Stories Why China Can’t Free the Yuan;Capital controls have brought stability. But they haven’t fixed anything. By Christopher Balding – Bloomberg By some measures, China has braved the storms buffeting its currency. The yuan is up 4 percent so far this year, and foreign-exchange reserves are up by $70 billion. State media has even called for relaxing capital and exchange-rate controls. But that would be like a sick person who stops taking his medicine when he feels better: The underlying conditions haven’t really changed. https://goo.gl/qrbqix In a Good Year for Asia Currencies, Philippine Peso Is Unloved By Eric Lam…

Asia Pacific Financial News from John Lothian News – August 17, 2017 Asia/Pacific,Banks, Brokers & Managed Funds,Blog,Exchanges, OTC & Clearing,Fintech,Investing & Trading,Regions,Regulation,Regulation & Enforcement

Lead Stories Australia follows Japan in move to regulate bitcoin; Control of digital currencies is part of drive to strengthen money-laundering rules Jamie Smyth in Sydney – FT Australia plans to strengthen its anti-money laundering laws and regulate digital currencies such as bitcoin in the wake of a financial scandal involving its biggest bank, Commonwealth Bank of Australia. https://goo.gl/eyBEba Monthly Report: Clearstream supports liberalization of the Chinese financial market; Opening of the Chinese market is progressing / Clearstream will support BondConnect’s initiative Frankfurt, Eschborn, September, October and November Deutsche Börse Recent announcements, according to which a selection of A-shares from…

Asia Pacific Financial News from John Lothian News – August 16, 2017 Asia/Pacific,Banks, Brokers & Managed Funds,Blog,Fintech,Investing & Trading,Regions

Lead Stories Now Asia eyes up City after Brexit despite EU attempts to snatch business; BREXIT will not diminish the opportunities for Asian investment in British financial services, the City of London Corporation has claimed. JON ROGERS – Express.co.uk In a policy document issued by the Asia team of the local authority that promotes the Square Mile the Corporation said it would aim to “focus on” building relationships with countries like China, India and Singapore in the coming year, wanting to create a bridge between London and Asia to discuss finance and services connections”. https://goo.gl/zm3PDm SingX expands online remittance service…

Asia Pacific Financial News from John Lothian News – August 15, 2017 Asia/Pacific,Blog,Exchanges, OTC & Clearing,Investing & Trading,Regions

Lead Stories Tokyo Stock Exchange takes aim at Japan’s corporate ghosts; The presence of former chief executives as special advisers is a persistent concern Peter Wells and Leo Lewis in Tokyo – FT The Tokyo Stock Exchange will intensify its role in Japan’s push for better corporate governance by raising pressure on companies to admit how badly their boardrooms are haunted by corporate “ghosts”. https://goo.gl/hJkMwD Lead prices rise after China shuts imports from North Korea Henry Sanderson – FT Prices for lead rose on Tuesday after China put in place a ban on imports from neighbour North Korea, as part…

Why You Should Bet Your Career on Chicago FinTech – Michael Kraines Feature,MWEd,Video,video

“Twenty years ago it was about consolidation. It was about exchanges being smashed together and brokerages being smashed together. Now it’s going to be about technology being added to these traditional old school businesses.” In this video from MarketsWiki Education’s World of Opportunity event in Chicago, Michael Kraines, chief financial officer and chief commercial officer of Trading Technologies, discusses the growing Chicago fintech landscape and why the field can be a solid career choice. Kraines points out investment in Chicago fintech in the first half of 2017 has nearly matched the total from all of 2016. In 2016, venture capitalists…

Tokyo Stock Exchange takes aim at Japan’s corporate ghosts; U.S. Default? Unlikely, But Bond Traders Are Taking No Chances; Deutsche Börse CEO Looks to Cut Deal John Lothian Newsletter,Newsletter

Tokyo Stock Exchange

First Read Hits & Takes Our video today from MarketsWiki Education World of Opportunity Chicago 2017 features NFA President and CEO Tom Sexton.~JJL There is a signup form on the Upcoming Events page of the MarketsWikiEducation.com site for college students to sign up for our MarketsWiki Education Recruiting event on the afternoon of October 16 at the CBOE.~JJL Spencer Doar, Mike Forrester and John Lothian will be in Washington, DC from September 12 to 15 for the Securities Traders Association annual regulatory conference.~JJL Today we have a blog from Jim Falvey about cryptocurrencies and distributed ledger technology. See it below.~SR…