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Tag Archives: foreign exchange

Market Structure: Why You Should Care – Kevin McPartland, Greenwich Associates Feature,MWEd,Mwiki,Video,video

“I’m not a particularly good investor. I don’t know if my own portfolio is set up the way it should be. But I can certainly explain to you exactly how an equity trade comes from a pension fund and makes its way all the way down through the market and settles and all the other pipes and plumbing that come with it.” In this video from MarketsWiki Education’s World of Opportunity event in New York, Kevin McPartland, managing director, market structure and technology with Greenwich Associates, takes a step back from the minutiae of markets to talk about the big…

FX volatility hopes; $100 a Barrel Oil Wager Newsletter,Options

Observations & Insight The Options Industry Leader Series 2018 – NYSE’s Ivan Brown Brought to you by the OCC In this video from the 36th annual Options Industry Conference (OIC) in Amelia Island, Fla., Ivan Brown, NYSE’s head of options, talks about launching options on the FANG+ index, implementing a complex price improvement auction mechanism, and the resiliency of U.S. options markets. Watch the video here » ****SD: See the press release in our “Exchanges” section for more on the FANG+ offering. ++++++ Italy Rout Wipes Five Billion Euros From Bond Futures Market James Hirai – Bloomberg The sell-off in…

JLN Options: Volcker Rule Rewrite; Thomson Reuters moving FX derivs to Ireland Newsletter,Options

Lead Stories Volcker Rule Rewrite to Drop Trading Burden on Banks, Sources Say Jesse Hamilton and Benjamin Bain – Bloomberg Wall Street is poised to get a big reprieve from the Volcker Rule, as U.S. agencies prepare to scrap a restrictive presumption that most short-term trades violate the post-crisis regulation, three people with knowledge of the matter said. In a much-anticipated overhaul, the Federal Reserve and other regulators are planning to drop an assumption written into the original rule that positions held by banks for less than 60 days are speculative — and therefore banned, the people said. Instead, banks…

Regulatory Crypto Crackdown; CME grain pushback John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Intercontinental Exchange Group’s market cap was $42.2 billion yesterday. Last August, it was $38.8 billion. In 2005, after its IPO, it was $2 billion.~JK Yesterday marked the 228th birthday of the Philadelphia Stock Exchange (PHLX). The following comes from Daniel Carrigan, president of Nasdaq Futures, Inc.: “PHLX was formed to support a fledgling U.S. government which borrowed $77 million from citizens to wage freedom from Britain. The first private debt offering was listed for trading in 1795 for The Penn and Lancaster Turnpike. The certificate contained the first picture imprint on a certificate…

50 Cent Big Buyer of March VIX Calls; New Japanese Flex Options; Currency Volumes Newsletter,Options

Lead Stories ’50 Cent’ Is Buying Up Big on March VIX Calls Luke Kawa – Bloomberg Just as the rapper Curtis Jackson III captures attention for realizing he’s made millions on Bitcoin, the buyer of volatility options that shares his moniker is a window shopper in VIX options no longer. /goo.gl/K8sm8K ****SD: Said it before, I’ll say it again – Kawa gets the hip-hop puns. The more this options 50 Cent keeps putting on size, the harder it will be for me to find songs by the rapper to reference… I’ll probably have something to say about this on the…

No-Deal Brexit Could Cause Finance Chaos; ADM makes takeover approach to Bunge; Louis Dreyfus turns to blockchain John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff In case you missed it, the government shut down. The Senate has a noontime vote scheduled to reopen with three more weeks of funding. If you’re curious which states get hit the hardest by a federal shutdown, checkout the 2018 Government Shutdown Report. ~SD The CFTC’s Technology Advisory Committee Meeting set for Tuesday has been postponed due to the government shutdown. No new date has been determined. This shutdown my plans to attend the meeting in Washington, DC.~JJL Yes, some deals still use fax machines. The FT story today said the use of…

SEC’s Edgar System Hacked; Neuberger Berman acquires Breton Hill; S&P Cuts China’s Credit Rating John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff The LME Metals Seminar is fast approaching, and it’s set to be one of the best yet. What’s in store for the flagship event of LME Week? You can see the full agenda HERE. Or you can register, HERE.~JJL Exchange Analytics is offering a new Anti-Money Laundering training course. You can see a preview video HERE.~JJL A Leg To Stand On is extending its buy three get one free deal for its Chicago Rocktoberfest event on October 5 at City Winery. Just enter the name Lothian in the promo code for your…

NYSE Wants Delay on End-of-Day Co. Announcements; T+2 Settlement; Banks join forces to create digital currency John Lothian Newsletter,Newsletter

First Read Hits & Takes Today’s featured speaker from the MarketsWiki Education World of Opportunity series in Chicago is Michael Patak of TopstepTrader.~JJL The very last page of Deutsche Boerse‘s 425th anniversary pamphlet covering its chronology from 1585-2010 simply says “Part 2 of this booklet will be published in the year 2435.” Who says the Germans don’t have a sense of humor? ~SD Did you know that Megan Morgan of Eurex created a charity named “One Refugee Child” to help give out strollers to refugees on their migration?~JJL If you would like to see a man hold a Starbucks coffee…

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…