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Tag Archives: Garry Jones

Brexit, Bitcoin and Benchmarks – Garry Jones Commentary,Feature,Mwiki,Video,video

Former Liffe and LME CEO Garry Jones kicks off JLN’s annual series of interviews with industry leaders at FIA Boca. In this year’s series of some 20 videos, executives from exchanges, fintech companies and service providers give their outlook on the coming year and state of the industry.  Jones, no longer under his LME non-compete, talks about the challenge of Brexit, the hurdles facing cryptocurrency trading in Europe and the potential effects of new Chinese product launches on global benchmarks.  Produced by Mike Forrester Interview by John Lothian

LME CEO Jones Exits After 3 Years of Leading Metals Bourse; Deutsche Borse presents a block-chip concept for the risk-free transfer of funds; Nasdaq backs trading illiquid stocks only on listing exchange John Lothian Newsletter,Newsletter

First Read More Turnover At The Top: Garry Jones Out At LME Jim Kharouf, JLN Garry Jones is out as CEO of the London Metal Exchange, perhaps marking a new path for the metals bourse. From a personal perspective, Jones is among the CEO set with deep knowledge of the derivatives and exchange space, with stints at NYSE LIFFE/NYSE Euronext, ICAP and BrokerTec. His insight into the derivatives space was usually thoughtful and on target. He inherited an exchange that was due for major changes and he implemented them. Switching the LME from its prior member-owned culture to one that…

Yes, Precious: World Gold Council, LME and Banks to Launch New Gold, Silver Contracts Commentary

Doug Ashburn

Sometimes the best ideas are worth waiting 139 years for. On August 9, 2016, the World Gold Council and the London Metal Exchange, together with a consortium of banks, announced a planned launch of LMEprecious, a new platform for spot, daily and monthly futures, options and calendar spread contracts for gold and silver, with platinum and palladium planned for down the road. This will mark the second attempt at a gold futures contract at the 139-year-old LME. The previous one, London Gold Futures Market, launched in 1982 and never really caught on. It was shuttered three years later. In an early-morning interview…

Telling the Story Blog,Commentary

  We need you to tell a story and help us fill up our MarketsWiki Education World of Opportunity events in Chicago and New York. We love to tell stories. People in this industry are always telling stories about the markets. We replay the day’s trading with our fellow traders or friends. We tell strangers about the amazing things that happen in the markets. Everyone talks about some market event or action – even cab drivers sometimes, according to industry lore. Those events, that market action and happenings, and the stories, have attracted thousands of young people into our markets…

John Lothian Newsletter: The Unraveling of a Wall Street Scion; BM&F Bovespa sells CME stake ahead of planned Cetip purchase; The DTCC and 4 top banks used blockchain tech to trade credit swaps John Lothian Newsletter,Newsletter

First Read 2016 Exchange CEO Series: LME’s Garry Jones Looking At More Metals, More Clearing and More China JohnLothianNews.com Last year represented the first full year in which London Metal Exchange was under the Hong Kong Exchanges & Clearing umbrella. Now the exchange is looking forward to expanding through new products, users and via its relatively new clearing house, LME Clear. The LME battled some major commodity headwinds in 2015, with metals prices falling anywhere from 25 to 45 percent, and many firms pulling out of the market due to risk concerns, mine closures and various mining and banking staff…

2016 Exchange CEO Series: LME’s Garry Jones Looking At More Metals, More Clearing and More China Video

Last year represented the first full year in which London Metal Exchange  was under the Hong Kong Exchanges & Clearing umbrella. Now the exchange is looking forward to expanding through new products, users and via its relatively new clearing house, LME Clear. The LME battled some major commodity headwinds in 2015, with metals prices falling anywhere from 25- to 45 percent, and many firms pulling out of the market due to risk concerns, mine closures and various mining and banking staff reductions. LME’s volumes dipped 4.3 percent in 2015 to 169 million, down from 177 million a year earlier. “Against…

John Lothian Newsletter: Accused Spoofing Trader Tells Jury His Orders Helped Market; Richard Ketchum to Retire From Finra; New York’s ‘snarling watchdog’ seeks new maste John Lothian Newsletter,Newsletter

First Read John Lothian News Out of PhillipCapital’s Trading Asia Program By John J. Lothian John Lothian News and its staff will not be participating in the Trading Asia program sponsored by PhillipCapital on Tuesday as previously announced. PhillipCapital has changed the moderator of the event to one of their executives. I apologize to the Asian exchanges and audience who were promised my and/or Jim Kharouf’s participation in the event. ++++ Garry Jones, London Metal Exchange – Managing an Exchange in Uncertain Times MarketsWikiEducation.com “It doesn’t matter where you start, it matters where you finish. Don’t just do the job…

Garry Jones, CEO, London Metal Exchange: Managing an Exchange in Uncertain Times Video

“It doesn’t matter where you start, it matters where you finish. Don’t just do the job for the money. Do your research, work hard…and it might work out.” Garry Jones, CEO of the London Metal Exchange, says that our lives and the career path we go down shouldn’t be seen like a checklist – expecting to work at Company X by the time one is a certain age or saying that “By age Y, I will be married and have children” is unrealistic. Jones himself graduated with a degree in Geology and Geophysics; it would be later in his career…

Brand New: LME’s Jones Says Exchange Is Set For Growth, 2 Ways Interview,Regulation,Tech / HFT,Video

London Metal Exchange had quite a year in 2014. From its integration into the Hong Kong Exchanges & Clearing, launching its own clearinghouse, and addressing the metals warehousing problems, LME has the pieces in place for expansion. Garry Jones, CEO of the LME spoke with John Lothian News about the exchange’s focus on China and the potential for new products in the coming months. LME launched its own clearing house last September and has brought its technology in-house, under the HKFE. All of that has added staff to LME, tripling its payroll over the past three years, as well as…