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Tag Archives: ICE

Nasdaq Futures Exchange confirms CEO departure John Lothian Newsletter,Newsletter

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First Read Hits & Takes JLN Staff Welcome to Movember. Time to stop shaving in the name of men’s health.~JJL CME Group in October raised more than $37,000 from their employees and broader community for their Fourth Annual Pink for a Purpose campaign. Their donations have raised more than $37,000 to fund the early prevention and detection of breast and ovarian cancer. When you combine that amount with their corporate gift, more than $137,000 will be directed to @bebrightpink and over $15,000 will go to @CR_UK.~JJL The 2019 Options Industry Conference registration is now open! You can network with over…

ICE Announces Houston Crude Oil Futures Launch; Quantum computing is funds’ future – NASA John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff EXPO week has come and gone. It was largely successful from JLN’s perspective. We conducted over 15 interviews in the booth we shared with Cinnober. Thank you to Cinnober for this kind collaboration. Our staff attended several of the panels and we saw lots of our readers, sponsors and industry friends. Congratulations to FIA and their staff for pulling this off again so well.~JJL One of the realities of EXPO week was I don’t currently have the stamina to attend a trade show and then go out partying afterwards. I passed on the…

Build or Buy? Exchanges Continue to Branch Out For Revenues Through Acquisition Exchanges, OTC & Clearing,Feature

Exchanges are continuing to look at two areas for revenue growth – consolidation and acquisition of non-exchange service firms, according to a new report from Burton Taylor. The report, presented at the World Federation of Exchange’s General Assembly and Annual Meeting in Athens and authored by Andy Nybo, shows that ICE topped exchanges in revenue in 2017 with $4.6 billion, followed by CME with $3.6 million, Deutsche Boerse with $2.7 billion, LSE Group with $2.5 billion and Nasdaq with $2.4 billion. Global revenues from the 15 top exchanges totaled $30.7 billion last year, up 8.1 percent from 2016. The sector…

ICE Personnel Developments; CME Launches New Liquidity Tool; KRM22 buys Prime Analytics John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff My friends at Eurex asked me to reflect on their history and my relationship with them in honor of their 20th anniversary. The first part of the interview is posted today on the Eurex website. Tomorrow will have part 2.~JJL Also, an interview with Christopher Kalbhenn, editor for finance at the German newspaper “Boersen-Zeitung” was posted yesterday to the Eurex website as part of the 20th anniversary celebration.~JJL A fundraising effort is being coordinating through Congregation Bnai Tikvah for the Kamen children (Jake and Josh Kamen), to help support them after the tragic…

China/HKEX battle heats up; ETFs Unlikely to Cause Widespread Mkt Disruption John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff The JLN Team was saddened to learn of the passing of FIA employee Bernadette Connolly, who passed away after a long illness. Bernie was loved and very respected, as FIA so appropriately shares in their tribute further down the newsletter.~JJL Thinking about purchasing a foreign car in the United States? You should consider putting the pedal to the metal on that urge as the WSJ reported that U.S. dealers expect an imported vehicle to cost $5,800 more after a 25 percent tariff increase. ~SD For the first time since 2008, 3mo T-bills hit…

‘Speed Bumps’ Help Protect Investors – Study; Central Banking Action John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff The last week of June is going to be busy. First, on June 25 I will be teaching the journalism and communications merit badges in Chicago as part of the Trading Tech 300 program, now branded under the bigger brand of Scout Tech. Then on Tuesday, June 26 I fly to New York for meetings and to be ready for the Crypto Evolved event on Wednesday, June 27 at the New York Athletic Club. My friends from Viable Markets have been gracious enough to ask me to moderate a panel on Silicon Valley…

America’s Largest Private Company Reboots a 153-Year-Old Strategy John Lothian Newsletter,Newsletter

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First Read Hits & Takes JLN Staff Thank you to all who showed the JLN Team, including my son Robby, such incredible courtesy at IDX last week. Robby had a great experience and it was greatly enhanced by the friendly and professional manner in which he was engaged at the conference.~JJL At last week’s FIA IDX panel on crypto, a poll of the audience on the prospects for crypto-based products showed that 42 percent thought it was a “long-term sustainable” market/product, 32 percent said medium-term and 25 percent said it was short-term, or a flash in the pan.~JK Thou shalt…

Sincere Flattery and Competition Blog,Commentary,Exchanges, OTC & Clearing,Fintech,Investing & Trading

“Imitation is the sincerest form of flattery,” wrote English cleric and writer Charles Caleb Colton. The NYSE and Nasdaq have flattered each other plenty over the years as they competed globally in the exchange and OTC market space. It often seemed there was not a move NYSE made that Nasdaq did not try to match or top, and vice versa. The imitation here is not that NYSE matched Nasdaq by naming a woman, Stacey Cunningham, as head of the exchange to counter Nasdaq’s Adena Friedman. Rather, both exchanges chose the best qualified candidates for the role of president or CEO….

ICE working on bitcoin platform; SEC’s Piwowar stepping down; NY AG quits John Lothian Newsletter,Newsletter

ICE

First Read Hits & Takes JLN Staff Galina Hale, Arvind Krishnamurthy, Marianna Kudlyak and Patrick Shultz from the Federal Reserve Bank of San Francisco have published an economic letter, “How Futures Trading Changed Bitcoin Prices.”~JJL You may know Matthew Scharpf as the extraordinary vice president of fixed income derivatives and clearing, Americas at Eurex in Chicago. But he’s an equally talented musician with a new album called “All That I’ve Left” which is now officially released and available on iTunes, Amazon, Spotify, Pandora, Napster and CDbaby. Matt’s band will be playing live on May 12 at Wire in Berwyn, IL…