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Tag Archives: ICE

Fangs futures arrive as exchange operator tries to cash in on tech rally; Bond trading desks seek data scientists to work alongside traders John Lothian Newsletter,Newsletter

First Read Hits & Takes Our friends at the Chicago Federal Reserve have published a primer on Blockchain. “Blockchain and Financial Market Innovation” by Rebecca Lewis, John W. McPartland, and Rajeev Ranjan is available HERE.~JJL Bob Pisani of CNBC likes the ICE’s new NYSE Fang Plus Index, the futures of which launch today.~JJL MarketsMedia has announced their 2017 Women in Finance Award Winners, with many of our favorite people listed as winners.~JJL Hamish Purdey, Chief Executive of Intelliflotaking, is taking part in Centrepoint’s Sleep Out to give homeless young people a future. You can help support his efforts HERE.~JJL The…

Goldman’s options retreat; ICE says not over-reliant on data sales; RenTech’s Mercer steps down John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Earlier this week, Philip Bergstrom, the brother of Jeff Bergstrom (CIO of John J. Lothian & Company, Inc.) passed away. Phil lived in California for most of his adult life, but grew up in Glenview, IL. Phil was also the step-brother to John Lothian’s wife Cheryl. We offer our condolences to the Bergstrom, Lothian and Howard families.~JLN Congratulations to Nasdaq CEO Adena Friedman, who was named as #20 on Forbes 2017 Most Powerful Women list.~JJL The annual energy consumption for Bitcoin transactions is now estimated at more that 24 TWh, which is…

Deutsche Boerse CEO to step down amid insider trading probe; ICE to sell commodities trading platform Trayport for £550m John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff ALTSO had more than 1400 people last night, and raised over $620,000 at its annual Rocktoberfest in NY. The Chicago event raised almost $145,000 with about 500 attendees. Way to go ALTSO! ~JK Bright Pink sat down with Kristin Wood, senior director, internal communications and community relations at CME Group, to learn more about this best-in-class corporate partnership. CME Group is on track to make a gift of $160,000 to Bright Pink in 2017 through the annual Pink for a Purpose campaign. ~JJL To anybody who avidly follows the John Lothian Twitter…

Top investors want Deutsche Börse chief to resign; ICE ramps up move on corporate bond market John Lothian Newsletter,Newsletter

First Read Hits & Takes It was a big day for ICE yesterday as they announced two acquisitions, BondPoint from Virtu and a stake in Euroclear from RBS. Here is a commentary written August 17 by Jim Greco of TradingPlaces about Virtu and the possibilities for BondPoint.~JJL Slides are available for download by STAC members on the STAC website. This is the Securities Technology Analysis Center, not Securities Traders Association of Chicago.~JJL Myron Scholes, Ph.D. will be speaking at the CFA Society of Chicago on November 17 at the Palmer House on “The Evolution of Asset Management: Risk Management.”~JJL LSE’s…

Credit derivatives market woes deepen after ICE exit; Central bankers face a crisis of confidence… John Lothian Newsletter,Newsletter

First Read We All Love Data: Barchart’s Latest Move Continues The Trend Of Firms Pushing Further Into The Data Space Jim Kharouf, JLN It’s all in the data. Yesterday’s announcement from Barchart about its new commodities data offering, called cmdty, is part of the drumbeat of new products and services that are designed to bring something new to the market participants they serve. jlne.ws/2yhzdYS ++++ Hits & Takes By JLN Staff The Boy Scouts of America announced yesterday they are opening the doors to girls to join Cub Scouts starting next year and older girls to join Boy Scouts in…

White House commits to ending Wall St tax loophole; SEC Chairman Froze Agency’s Approval of Chicago Stock Exchange Sale John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Today we have part one of a two part series titled “The CFTC and Fintech Innovation, Goals of LabCFTC” featuring an interview with CFTC Chief Innovation Officer Daniel Gorfine. ~JJL The FIA has asked me to moderate a panel at EXPO on customer protection. I said yes. ~JJL The FIA has put out a recommendation on market integrity, “FIA recommendations to streamline CFTC regulations and enhance market integrity.”~JJL SGX is offering a course titled “Secret Trading Techniques of a Proprietary Trading Firm Revealed (Course Preview).” I am not sure the secrets will…

VIX ETP concerns; Correlation issues; Market catalysts Newsletter,Options

Observations & Insight The FT warns advertisers after discovering high levels of domain spoofing Jessica Davies – Digiday The Financial Times has investigated the scale of domain spoofing occurring against its site, and has been shocked by the results. The publisher has found display ads against inventory masquerading as FT.com on 10 separate ad exchanges and video ads on 15 exchanges, even though the FT doesn’t even sell video ads programmatically, with 300 accounts selling inventory purporting to be the FT’s. The scale of the fraud uncovered is vast — the equivalent of one month’s supply of bona fide FT.com…

SEC chairman belatedly learned of 2016 agency hack; CurveGlobal trades 1.5 million lots since launch John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff NFA is conducting a survey about its BASIC database. Please click HERE to offer your input. ~JJL JLN spoke with the OCC’s Mark Morrison, the clearinghouse’s chief security officer, about cybersecurity in financial markets. Check it out below. It’s not as though there have been any big headlines drawing attention to the subject matter of late… Oh, wait, what’s that? Deloitte was hit by a hack, too? ~SD LME Week is October 31 to November 3. Look HERE for details. ~JJL Congratulations to CurveGlobal on the [https://goo.gl/WfpJsB|one year anniversary]] of their launch….

ICE to ‘Go West’ with Chicago-to-Tokyo network; Tulip Fever: There’s a Digital Token for That John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Kevin Wolf, formerly of ViableMkts and Eris Exchange, is now U.S. head of FICC at Euronext. ~JJL Jim Gorman, formerly of Modern Market Initiative and BATS, is now director of Media Relations and Internal Communications at Mizuho Americas. ~JJL Xavier Rolet of LSE has written a piece for the FT titled “Europe’s debt bias chokes small business and job creation.” ~JJL Marketing guru David Kelbaugh is the featured speaker today from this summer’s Chicago sessions of MarketsWiki Education World of Opportunity.~JJL The CME Group’s Emini Russell 2000 futures had volume of 120,559…