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Tag Archives: futures trading

SEC to give MiFID reprieve; Big exchanges ask SEC to hold off on fee cap plan; Capital rules and clearing risks John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff FIA EXPO is opening in Chicago today after some opening parties last night. We look forward to a great week of conducting interviews in the Cinnober booth on the EXPO exhibit hall, attending the sessions and seeing too many readers and industry friends to be counted. Feel free to stop us and say hello if you see any of the JLN team.~JJL One year ago the Dow sat at 18,086. Yesterday, the index touched the 23,000 mark for the first time. Give it another 13,000 points and Kevin Hassett and James Glassman…

Cohn Says Clearinghouses Could Create New Systemic Problem; EU and US agree to accept each other’s derivatives rules John Lothian Newsletter,Newsletter

First Read Hits & Takes Jenny Knott stepped down as CEO of NEX Optimisation. FIA is hiring two people for its communications department: a director of communications working with senior management to develop, implement and coordinate our overall press and public relations strategy and thought leadership; and a director of editorial services managing member and industry communications, the production of editorial content and the delivery of that content to multiple audiences across multiple channels. More information is available HERE.~JJL Registration is now open for CMC’s annual State of the Industry Conference in Miami Beach — January 28-30, 2018~JJL Asia Pacific…

The Fed Unwinds; BTS Launches BTS Spark John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff The Giving Tree This is a different type of giving tree, so hang with me. There are a number of announcements to be made today. If you had not seen the information about the visitation for Les Rosenthal, here it is: Chicago Jewish Funerals, 8851 Skokie Blvd. Skokie IL 60077, today, September 19, between 1:00 p.m to 4:00 p.m. In lieu of flowers, contributions in his memory may be made to a charity of your choice. There are a number of charities listed. In recent days prior to the sad news, JLN…

The Cycle of Life – Joe Guinan Feature,MarketsWiki Education,MWEd,Video,video

“It shocks me every day at five o’clock when I see the race to the elevator, as if only the first few will make it out of the building. Just because you have to work till five at the beginning of your career, doesn’t mean you can only work till five.” In this video from MarketsWiki Education’s World of Opportunity event in Chicago, Joe Guinan, CEO of Advantage Futures, spoke about navigating the ups and downs in the financial industry. Every year, millions join the ranks of those with investable assets and for that reason, Guinan is bullish on starting…

It’s All About the Reach – Julie Armstrong Menacho Feature,MarketsWiki Education,MWEd,Video,video

“You don’t have to [meet] every credential and be an ‘A’ on all of it to get to that next role. You just have to believe you can do it, and you need to make others believe you can do it.” In this video from MarketsWiki Education’s World of Opportunity event in Chicago, Julie Armstrong Menacho, global head of market technology services at CME Group, talks about her winding path from the University of Kentucky to the CME and the lessons she learned along the way. Menacho started with an internship at oil giant Valvoline, went on to work for…

Mind the Regulatory Gap: Friction, MiFID II and Populism Feature,Regulation,Video,video

At Trading Chicago presented by FOW and John Lothian News, Steve Grob, director of group strategy with Fidessa, spoke to JLN about how the financial regulatory environment of the U.S. is starting to stray from that of the rest of the world. To Grob, this development means more systemic risk and an added burden on market participants.

How the Biggest E-Mini Futures Trade of 2016 Sent the Market Soaring; Calypso Technology to Hire Aggressively in 2017, Following a Record Year in 2016; Good Lessons From One Bad Deal That Destroyed Four Bad Banks John Lothian Newsletter,Newsletter

First Read Bits and Pieces By JLN Staff Tis the season for people moves. Kevin Wolf, formerly chief business and product development officer at Eris Exchange, has moved on to ViableMkts, a firm that focuses on market structure and fintech advisory services. As a principal at the firm, he will bring his interest rate market knowledge to the team. Interestingly, ViableMkts is led by Chris White, who provided one of the more entertaining and participatory talks at our MarketsWiki Education event last year. Wolf spoke at our MarketsWiki Education event in New York this year. Meanwhile, another MarketsWiki Education speaker,…

Lisa Dunsky, attorney Sidley Austin Interview,Regulation,Tech / HFT,Video

The CFTC’s new Regulation Automated Trading rule proposal aims to prevent self-trading. John Lothian News spoke with Lisa Dunsky, attorney at Sidley Austin, prior to the CFTC’s rule approval to discuss some of the issues surrounding self-trading, as well as how spoofing may factor in.

Mike Forst, director of product management at Trading Technologies on self-matching trades Interview,Regulation,Tech / HFT,Video

The CFTC’s new Regulation Automated Trading rule proposal calls for more rules to prevent self-trading. Mike Forst, director of product management at Trading Technologies talks about the issue and how his firm is trying to address it.