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Tag Archives: forex

Bank of America ‘systematically’ misled clients about stock trades John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Robby Lothian is home from the hospital and doing well. Thank you for the notes and prayers.~JJL My three nephews collaborated on a music video in support of the March For Our Lives movement. Here is Andrew Lothian’s “Good Guy with a Gun” music video.~JJL Our first video from the FIA International Conference in Boca Raton, FL is with Garry Jones, the former CEO of NYSE LIFFE and the LME. Jones is now done with his garden leave and looking for his next challenges. We picked his brain about Brexit, bitcoin and China….

Blockchain Gets a Wall Street Win; Banks prepare to settle with Brussels over forex cartel probe John Lothian Newsletter,Newsletter

First Read   Hits & Takes By JLN Staff Do you have a nomination for the Public Representatives for NFA’s Board of Directors? NFA is now taking nominations. ~JJL CME Group has updated their most popular whitepaper with the latest data and an all-new section comparing Treasury futures to Treasury notes.~JJL The United Church of Christ’s United Church Fund has modernized their exclusionary screening process. They have kept exclusions of Coal and Tar Sands Oil, Tobacco and Nuclear Weapons. They have added Firearms, Private Prison Operators, Human Rights and Environmental Impact as considerations. Here is a video about it. ~JJL…

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…

Swap margin rules drive FX clearing surge; After Chinese investment, Pakistan’s bourse bets on derivatives; VVIX and VIX Go Opposite Ways for a Second Straight Week Newsletter,Options

Observations & Insight Moving to real-time: Jerry Hanweck looks at trends in the options world Spencer Doar – JLN Real-time risk management — it might not be sexy, but it’s wildly important. That’s the message from Jerry Hanweck, founder and CEO of Hanweck, a provider of risk management and options analytics tools. While real-time is a big focus for the firm, it is just one of many endeavors that Jerry and his team are working on. In a sit-down with JLN, he provided his thoughts on the difficulties presented by huge data (“big” no longer encapsulates the trend), commoditization of…

Barclays Severing Ties With Up to 7,000 Clients to Boost Returns; ICAP looks to process forex trades on blockchain; Deutsche axes bonuses to pay toxic loans fine John Lothian Newsletter,Newsletter

First Read The big events that shook financial markets in 2016; Brexit, Trump and oil among the key contributors to a tumultuous year by: Michael Mackenzie and Joe Murtagh – FT A series of big events shaped financial markets in 2016. Here is a selection of FT analyses and commentary, alongside charts, highlighting a tumultuous year. / ***** Get ready for the year-end review stories. ++++ Celebrating the 15th anniversary and a new name SIX News SIX Swiss Exchange hosted the celebration of 100 Women in Hedge Funds and the announcement of its new appearance as 100 Women in Finance….

Revved Up: CME Europe’s Knottenbelt Says Currencies Just The Beginning Interview,Regulation,Video

CME Europe launched in March with an eye on currencies. William Knottenbelt, head of European business operations for CME Group and the CEO of CME Europe, says that the exchange has a core group of seven clearing members with more on the way and its currency products are positioned well for the market. And that, he says, is just the beginning for the European exchange. “We’re starting now to see the volume beginning to come into the market,” Knottenbelt told JLN at the IDX conference in London. “As we get more and more clearing members and execution members coming on…

John Lothian Newsletter: Traders Said to Rig Currency Rates to Profit Off Clients; Singapore seeks to roll out market circuit breakers; EOX Exchange files with CFTC for contract market designation John Lothian Newsletter,Newsletter

As if interest rate manipulation weren’t enough, now regulators are investigating claims that foreign-exchange traders at major banks manipulated currency rates via collusion in last-minute market trading. Singapore Exchange wants to add volatility circuit breakers to its trading systems to add safeguards against excessive price swings. OTC Global Holdings’ trading platform subsidiary EOX Exchange files with the CFTC for approval to trade futures contracts. In today’s First Read, take a look at the latest video interview; Justin Llewellyn-Jones, chief operating officer of Fidessa, talks about how Fidessa is adapting to the new global marketplace and the demand for multi-asset…

MarketFactory CEO James Sinclair Explores Trends in Foreign Exchange Market Structure Financials,Interview,Tech / HFT,Video

James Sinclair is CEO and co-founder of MarketFactory, a financial technology company that provides feed handlers to the forex market. The company’s FX Aggregator product is a single API that connects to all sources of liquidity in the foreign exchange market, including ECNs, banks, brokers and futures exchanges. Sinclair has been a foreign exchange market expert for over 25 years, having spent several years as head of research and strategy at EBS, both before and after its 2006 acquisition by ICAP. He also spent 12 years as a vice president of Asia/Pacific at Citibank. Sinclair spoke with John Lothian News…

Harrell Smith of Portware on FX Market Structure Financials,Interview,Tech / HFT,Video

Harrell Smith

Harrell Smith is the head of product strategy for Portware, a software company specializing in trade execution systems for equities, futures, options and foreign exchange markets. He spoke with John Lothian News Editor-at-Large Doug Ashburn about several critical topics affecting FX, including the regulatory landscape, algorithmic and high-frequency trading, and transaction cost analysis.