Observations & Insight An Update on the Consolidated Audit Trail JohnLothianNews.com At STAC’s 92nd Annual Mid-Winter Meeting, JLN spoke with Shane Swanson, chief compliance officer with Thesys CAT LLC, about the state of the Consolidated Audit Trail (CAT). The CAT will be a large trade data repository for options and equities used for surveillance and tracking. Thesys CAT is the recently formed subsidiary of Thesys Technologies tasked with developing the CAT. The plan was intended to go live in November 2017, but as the date neared, the SROs put in a one year exemptive request. While the SEC has not…
Tag Archives: grains
John Lothian Newsletter: Backlash to longer grain futures sessions; ICAP in talks to buy Plus Markets; Costs and investments cut LME profits John Lothian Newsletter,Newsletter
The extended-hours trading in grain futures isn’t going away, and it appears that neither is the controversy that it is creating. Brokerage ICAP is discussing the possibility of taking over the otherwise-closing Plus Markets. LME’s annual income is down substantially on investments and rising costs. In a packed top box today, you’ll find a reminder about tomorrow’s MarketsWiki Spring Cleaning; community notes that include a death, an honor and a charitable request; and a JLN Options interview with Tony McCormick of BOX Options Exchange, talking about the possibility of after-hours options trading at the exchange.
Anthony Lazzara is co-founder and principal of Lido Isle Advisors, LLC., responsible for selecting and allocating to commodity trading advisors on behalf of the company’s clients. He spoke with JLN Managed Futures editor Jim Kharouf about what he looks for in CTAs today, which sectors of CTAs are doing well in this environment and what the CTA space needs to do to expand. Disclaimer: Futures and options trading involve risk. Past results are no indication of future performance.