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Tag Archives: FinTech

Cryptocoin Market Met Its Match?; Blackstone, Thomson Reuters Said to Weigh Tradeweb IPO, Sale John Lothian Newsletter,Newsletter

First Read More Questions Than Answers For A Potential CryptoMarketsWiki ICO John Lothian – JLN In the announcement of CryptoMarketsWiki last week, I mentioned that the project would explore the initial coin offering process from an editorial and strategic perspective. If our due diligence works out, we may go ahead and conduct an ICO and use the token in our business operations. But there are lots of questions to answer before we get there. In fact, there are lots of questions we don’t even know yet, let alone know the answers. However, if we are going to build the central…

More Questions Than Answers For A Potential CryptoMarketsWiki ICO Blog,Commentary,CryptoMarkets,Fintech,Mwiki

In the announcement of CryptoMarketsWiki last week, I mentioned that the project would explore the initial coin offering process from an editorial and strategic perspective. If our due diligence works out, we may go ahead and conduct an ICO and use the token in our business operations. But there are lots of questions to answer before we get there. In fact, there are lots of questions we don’t even know yet, let alone know the answers. However, if we are going to build the central knowledge base for the cryptomarkets world, having real life experience with the product would be…

SEC Urges End to CAT standoff; Deutsche Boerse plans FX expansion; HKEX working with ASX on blockchain John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Our Page Of The Day yesterday was industry legend Robert J. O’Brien, who turned 100 years old yesterday. His contributions to the industry and interviews with Mr. O’Brien were documented in the RJO O’Brien Centennial Video about the firm’s own 100 year anniversary in 2014, a video produced by John Lothian Productions.~JK Longtime accounting and back office professional Mark Connelly has left the futures industry. He started a new position as senior vice president – operations for All Clean Services responsible for running the Midwest Region. His responsibilities include managing and growing the…

Bear Stearns Meltdown Wreck; Decision time for Michael Spencer; Deductive Reasoning or Insider Trading? John Lothian Newsletter,Newsletter

First Read Potential CME-NEX Deal Is Full of History, Dilemma, Risk and Reward John J. Lothian – JLN For many years, the Chicago Board of Trade had cash treasuries envy, wanting to add the trading of cash treasury bonds and notes to its offerings. For many years, the CME has had cash currency trading envy. Both exchanges, now part of the CME Group, have tried to compete in cash Treasury and FX through various collaborations and initiatives. None of them succeeded. Chicago Board Brokerage and FXMarketSpace are long gone, but the desire to add treasuries and cash FX trading has…

Short vol losses a cautionary tale for using leverage; EU probes UK tax treatment of commodity derivatives; Bull market birthday Newsletter,Options

Observations & Insight Miscellaneous Notes for March 9 Spencer Doar – JLN A chunk of the JLN crew will be down in Florida for FIA Boca from Monday through Friday. We have a ton of content lined up with all sorts of finance and technology luminaries – the next month is going to be a torrent of insight and perspective from all corners of the industry. If you are not around, the FIA will be broadcasting some of the key sessions with recordings available after the fact. Just go to FIA’s Boca page. Speaking of next week, our episodes of…

U.S. considering ‘material changes’ to ‘Volcker Rule’; Stock Bulls in Trump Country; Replacing Libor is harder in practice John Lothian Newsletter,Newsletter

First Read The Man Who Molded Chicago’s Merc; Leo Melamed, chairman emeritus of CME Group, helped make his company the world’s largest manager of financial exchanges. Now he’s focusing on the development of Asian markets Jacob Bunge – WSJ In 1939, Leo Melamed learned about the power of financial markets in a bakery in Vilnius, Lithuania. He was 7 years old, trying to use Polish money to buy a loaf of bread. Though Lithuania’s government had deemed the two countries’ currencies equal in value, the baker informed Mr. Melamed that he’d need two Polish zlotys for a loaf that cost…

Risks of Crypto Exchanges; Wall Street Loses in Senate’s Reg Reboot; Beware Fintech Firms Bearing Bitcoin John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff See what our friend David Setters is doing protesting in the UK, in ITV’s piece Motor neurone disease patients protest in Westminster. Brave, focused and strong. Keep fighting, David. He issued a special thanks to Cathryn Lyall, Belinda Gooderham, Mark Thornberry, Thom Lant, Mark Gately, FCIM and MCIPR for coming out to support him that day.~JK Chuck Mackie and Rumi Morales were part of a Chicago SunTimes event last week, the story of which is, “Experts break down future of bitcoin, blockchain in Sun-Times discussion.”~JJL From the World Federation of Exchanges latest report,…

Don’t Blink, The Markets Are Changing Right In Front of Your Eyes Blog,Commentary,Exchanges, OTC & Clearing,Feature,Fintech,Investing & Trading,Mwiki

Eighteen Years Later, Another Inflection Point Eighteen years after the start of this newsletter, the markets and its participants face new challenges that make reading JLN today even more important, relevant and necessary to keep abreast of the latest disruptive challenges. Today we find ourselves at an inflection point in the markets, with a new generation of digital natives discovering whole new opportunities in the markets, billions of dollars pouring into potentially disintermediating fintech and intense global interest in all things fintech and crypto. Back in 2000, when this newsletter was first published, the markets were facing the move from…

Volatility fallout in Hawaii; No fear, no greed?; LJM lawsuit Newsletter,Options

Observations & Insight Hawaii Pension Parts Ways With CIO Amy Whyte – Institutional Investor Chief investment officer Vijoy Chattergy is no longer employed with Hawaii’s $16 billion state pension fund, where he had served as CIO since 2012, Institutional Investor has learned. An automatic response from Chattergy’s former email account states that he is no longer with the Employees’ Retirement System of the State of Hawaii. The retirement system’s executive director Thomas Williams did not respond to multiple requests for comment by press time. bit.ly/2FkpIcG ****SD: Not the only head to roll after the volatility spike. This Hawaii CIO move…