Breaking News

Tag Archives: Hans-Ole Jochumsen

The Tough Question: What Will European Markets Look Like In Two Years? Blog,Commentary,Feature,Regulation

Markets continue to struggle with the prospects of a new political future and structure. Steven Maijoor, chair of European Securities and Markets Authority (ESMA), told the audience at the IOMA, World Federation of Exchanges Clearing and Derivatives Conference in Frankfurt on Thursday that there are challenges for the EU’s long pursuit of a single rulebook. Brexit will have a “negative impact” on efforts for market harmonization, as well as the so-called capital market union in the EU. David Wright, chairman of Eurofi Paris and partner at Flint Global, said the United Kingdom will have to be a “rule taker and…

John Lothian Newsletter: CFTC Proposes Narrowing Wall Street’s Foreign Swaps Loophole; Deutsche Börse and Irish Stock Exchange expand their partnership; Nasdaq’s Battle With Energy Market Giants Begins on July 24 John Lothian Newsletter,Newsletter

First Read Climbing For Kids Miriam Condon has been training for the last six months for the “Three Peaks Challenge- threepeakschallenge.uk” to raise money for Futures for Kids. This coming Saturday, alongside her teammates from the futures industry, she will be climbing Ben Nevis, Scafell Pike and Snowdon, which are the three highest peaks in England, Wales and Scotland, all in under 24 hours. (Hopefully with some fast driving in between.) Your support for this amazing feat and amazing cause would be much appreciated. Please donate whatever you can and help children globally. Miriam has already raised £724.73 toward her…

New Energy: Nasdaq Prepping For Launch Of Nasdaq Futures Interview,Video

Nasdaq Futures was announced in March with a goal of shaking up the energy futures markets. Since then, Nasdaq’s team has been busy building infrastructure and signing up new members. The question is, will they challenge the likes of CME Group’s Nymex or the Intercontinental Exchange? Hans-Ole Jochumsen said that Nasdaq Futures, or NFX, has the model to compete with established markets. Its partnership with OCC will clear its natural gas, crude oil and power futures contracts at a mere 4 cents per side. That, coupled with the Nasdaq trading engine, GENIUM INET, that is common to many in the…

Navigational Beacon: NASDAQ OMX Group’s Hans-Ole Jochumsen Steering through Challenges Interview,Regulation,Tech / HFT,Video

A recurring theme at this year’s IDX London was navigating the many challenges facing the financial sector. In this video, NASDAQ OMX Group’s Hans-Ole Jochumsen talks to John Lothian News about three such challenges – exchange competition, allocation of technology resources, and the global regulatory environment. In June 2014, NASDAQ OMX NLX, the company’s platform for euro- and sterling-denominated interest rate derivatives, celebrated its one-year anniversary. The platform launched into a crowded exchange space at a time of ultra-low interest rates, which has certainly been a challenge. Though its volume and open interest have been growing steadily, and market share…