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Tag Archives: Goldman Sachs

Traders test OPEC ‘whatever it takes’ resolve to defend oil price; The VIX is not a Fortune-Teller; ‘Vol’-Apalooza: A Handy Reference Guide To Low Volatility Regimes Newsletter,Options

Observations & Insight Are You Registered? If you haven’t registered for our Trading Chicago event, a joint effort between John Lothian News and FOW, now is the time. The one-day event is set for June 28th at the Swissotel in Chicago. You can register HERE and see the agenda for the conference. The program is packed with great topics and speakers. We’ll be leading off with a keynote from Craig Pirrong from the University of Houston and a debate over Dodd-Frank between Leslie Sutphen and Gary DeWaal. Other panels cover trading derivatives in the age of populism, trading fixed income,…

Goldman-Backed High-Speed Trading Network Sold for $39.5 Million; The Dutch Have Solutions to Rising Seas. The World Is Watching.; HFT – Not so flashy anymore John Lothian Newsletter,Newsletter

First Read Eurex CEO Sees Plenty of Structural Growth Potential JohnLothianNews.com “We also see a lot of structural growth potential… If we look at the equity index complex, there is a clear trend of many asset managers moving to passive investment structures. We see that … on the derivatives side [adding] new liquidity pools to global index families.” Thomas Book, CEO of Eurex Frankfurt AG and Eurex Zurich AG, believes the exchange can take advantage of the opportunities presented by a changing European landscape. Low interest rates for a long time equated to low interest in Eurex’s fixed income offerings…

Volatility index creator seeks to invent new tool to measure ‘ambiguity’; Unusually Low Volatility Can Be Dangerous for Markets; The Strangest VIX Fact Newsletter,Options

Observations & Insight OIC Stories Recap Below are links to the columns and articles the JLN team wrote while attending the Options Industry Conference in Scottsdale, Ariz. –How Do You Save the Capital Markets?; Kennedy Looks to Lead Market Revamp by Jim Kharouf –Not as Bad as it Seems: Schwartz Addresses the State of the Options Industry –Millennials and Options: A Perfect Match? –All Together Now: Exchange Leaders Call For Cooperative Approach To Changing Market Structure –Options Industry Conference Update: Congress Continues To Push For Avoiding Unintended Consequences in Tax and Dodd-Frank reforms ++++++ Options Industry Conference: Exchange Highlights For…

Trading Fortunes Depend on a Mysterious Antenna in an Empty Field; Goldman Sachs’s Waning Dark Pool Revamped to Woo More Trades; An Algorithm, an ETF and an Academic Study Walk Into a Bar John Lothian Newsletter,Newsletter

First Read All Together Now: Exchange Leaders Call For Cooperative Approach To Changing Market Structure Jim Kharouf – JLN U.S. equity options leaders said today’s market structure needs fixing and vowed to work together to address it at the Options Industry Conference in Scottsdale, Arizona. Among some of the structural problems are a perceived lack of liquidity, a rigid regulatory structure that has supported the fragmentation of markets, and a concentration of volume on a relatively small number of listings. Kevin Kennedy, who serves as senior vice president, head of U.S. options at Nasdaq, called for the exchanges and participants…

Traders Are Fleeing the Options Market; Wall Street frets as capital markets trading activity trails off; There’s a new front in the brutal battle between America’s stock exchanges John Lothian Newsletter,Newsletter

First Read Sad News The father of Doug Ashburn, our former colleague, passed away yesterday morning from a sudden heart attack. Doug is now at T3 Custom, a custom publishing firm. Any well wishes or condolences can be sent to him at dashburn@t3custom.com. ***** On behalf of the entire JLN team, our condolences to Doug and Nancy Ashburn and their families on the passing of Doug’s father. We will keep them in our thoughts and prayers as they deal with this sad time. ++++ Options Industry Conference Preview Part 1: Is Regulation Damaging the Options Space? JohnLothianNews.com The cost of…

In rare fumble, Goldman stuns Wall Street with weak trading; Markets Start to Ponder the $13 Trillion Gorilla in the Room; Goldman, BofA Cash In on a Leveraged-Loan Frenzy Like No Other John Lothian Newsletter,Newsletter

First Read Steve Ballmer Serves Up a Fascinating Data Trove Andrew Ross Sorkin- NY Times On Tuesday, Mr. Ballmer plans to make public a database and a report that he and a small army of economists, professors and other professionals have been assembling as part of a stealth start-up over the last three years called USAFacts. The database is perhaps the first nonpartisan effort to create a fully integrated look at revenue and spending across federal, state and local governments. jlne.ws/2oSwXT9 ****JB: It is a pretty slick website. Although there are still gaps to be finished it is well worth…

The fearless market ignores perils ahead; In rare fumble, Goldman stuns Wall Street with weak trading; Fischer Expects Muted Market Response When Fed Trims Balance Sheet Newsletter,Options

Lead Stories The fearless market ignores perils ahead Robin Wigglesworth – Financial Times In 1992, a Bob Dylan-loving finance professor called Robert Whaley uprooted his family from the US and moved to a tiny hamlet in bucolic Burgundy. There he spent six months laying the groundwork for the finance industry’s most popular representation of terror. jlne.ws/2pPdWyi In rare fumble, Goldman stuns Wall Street with weak trading Reuters Goldman Sachs Group Inc (GS.N) fell short of earnings expectations on Tuesday due to a drop in quarterly trading revenue, prompting analysts to demand explanations for underperformance in an area where the bank…

Attention To Detail: High Performance Requires Hard Work – Rolf Andersson, Goldman Sachs MarketsWiki Education,MWEd,Video,video

“I can’t stress enough the importance of being really good at software in one form or another, whether it’s managing, running projects or sponsoring projects.” Rolf Andersson of Goldman Sachs is a software architect, and he says that software is taking over the world. But all the competition out there is making it much harder to innovate than it was a number of years ago. You have to have a good idea, plus the stamina and expertise and experience. And a good team. Although there are a number of factors one has to take into account when designing software, such…

New Force on Wall Street – The ‘Family Office’; The Past and the Future; Corporate Insiders Haven’t Been This Uninterested in Buying Stocks Since Reagan John Lothian Newsletter,Newsletter

First Read CME Group CEO Terry Duffy on Business and Interest Rates Under the Trump Administration JohnLothianNews.com With a new administration in place and a more optimistic outlook from the market community, CME Group is well positioned to succeed, according to CEO Terry Duffy. Whereas global regulatory efforts have served as a headwind for the industry since the financial crisis, now the United States is benefiting from the perception that the new administration’s stance on regulation will serve as an tailwind. There is much left to be determined, certainly, but even the shift to no new regulation as opposed to…