Breaking News

Tag Archives: indexes

Big Data: Too Popular for its Own Good? John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Today is your last chance to save $75 on tickets for A Leg to Stand On’s Rocktoberfest charity events in Chicago and New York! ~SD In Q2, ICOs raised $8.3 billion versus $3.3 billion in Q1. The average return of ICO tokens in Q2 was -55 percent.~SD Brazilian exchange group B3 reported that Q2 average daily volume in its derivatives segment rose 36.7 percent over Q1, and 4.7 percent year-over-year.~JK According to Preqin, there are now 499 members of the “Billion Dollar Club,” which is what it calls those institutional investors who…

Trump administration cuts staff at financial markets watchdog John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff We recently learned of some sad news: Joe Levin, a longtime Cboe vice president, passed away on July 29, 2018 at the age of 71. Before leaving the Cboe in June 2014, he served as the company’s vice president of research and product development. Among his many contributions to the exchange, Levin was instrumental in laying the groundwork for Cboe’s volatility products, including futures and options on the VIX index. Memorial contributions may be made to Progressive Supranuclear Palsy (www.psp.org).~SR CFTC Commissioner Chris Giancarlo played banjo on Mike Marlin’s album “Grand Reveal”…

Mosaic Data touts analytics platform that could cut trading losses John Lothian Newsletter,Newsletter

data matrix

First Read Hits & Takes By JLN Staff The opinion piece in the Pekin Daily Times takes aim at the hedge fund and alternative investment space, including research saying that “of the 33 states for which data was available, the average state pension fund returned 5.46 percent over the decade ending in June 2017. A sample index fund of 60 percent stocks and 40 percent bonds returned 6.4 percent on an annualized basis during that time.”~JK Brookings put out a study on global metropolitan areas with the fastest growing economies, and the list of the top 50 as measured by…

Regulators club together to form global ‘fintech sandbox’ John Lothian Newsletter,Newsletter

First Read Joe O’Neill, New York Commodity Exchange(s) Executive, Passes Away By John Lothian Longtime New York commodity exchange executive Joe O’Neill passed away on August 4, 2018 at the age of 74. This plain statement tells little of a life lived in the most colorful of times in New York commodity exchange history or a career that included launching the first financial futures (before CME/IMM by 2 years), the creation of the Dollar Index Contract (with the help of Paul Tudor Jones) and being the consultant for the futures trading aspects of the script of the hit movie “Trading…

The NYSE’s Owner Wants to Bring Bitcoin to Your 401(k) John Lothian Newsletter,Newsletter

First Read The Mothering Type: JPX’s index suite shows strong July numbers and new-contract growth By Jim Kharouf It’s been a solid year for exchanges, with some welcome volatility and enough economic moves to keep it interesting. Those are common themes most markets have been able to capitalize on, and the Japan Exchange Group is well in that mix. July futures volumes showed some solid strength across its index suite with its Topix futures up 22 percent in July with an average daily volume of 1.15 million contracts. Its Nikkei 225 futures volume rose almost 40 percent for the month…

Up to Two-Thirds of Bitcoin Transactions Have No Economic Value John Lothian Newsletter,Newsletter

bitcoin 100 bill

First Read Hits & Takes By JLN Staff One takeaway from the CME’s second quarter earnings report yesterday: Average daily volume at the exchange through the first half of the year was 20.2 million. In 2000, ADV was just over 2.5 million.~JK B3, formerly BM&F Bovespa, posted a volume increase of 52 percent on 1.3 billion contracts for the first half of 2018. FOW noted that it topped the Intercontinental Exchange‘s volume, moving B3 into third in terms of volume behind top exchange, CME Group up 20 percent with 2.5 billion contracts and the National Stock Exchange of India, up…

How Traders Have Changed Since the Massive Selloff Earlier This Year John Lothian Newsletter,Newsletter

change

First Read Hits & Takes By JLN Staff On Monday, MarketsWiki Education World of Opportunity in Chicago begins with the first session at 3 PM at the Stuart School of Business at Illinois Tech. Registration is still open.~JJL Our second video from the New York series of MarketsWiki Education World of Opportunity is out, featuring Kevin McPartland, managing director, market structure and technology with Greenwich Associates. This is a not to miss video of why staying in tune with market structure is really important to your career.~JJL Deutsche Boerse reported its second quarter earnings, up 10 percent to EUR687 million….

Bloomberg snatches trade data partner from rival Reuters John Lothian Newsletter,Newsletter

Bloomberg terminal

First Read Hits & Takes By JLN Staff Today we have the first of the videos from the MarketsWiki Education World of Opportunity series in New York earlier in July. The first video up is Jaclyn Bouchard of S&P Global.~JJL In response to President Trump’s farm aid announcement, Senator Ben Sasse, a Nebraska Republican, said, “This trade war is cutting the legs out from under farmers and the White House’s ‘plan’ is to spend $12 billion on gold crutches.” Brian Kuehl, the executive director of Farmers for Free Trade, said, “The best relief for the president’s trade war would be…

Google Expands Blockchain Push With Digital Asset Tie-Up John Lothian Newsletter,Newsletter

google logo

First Read Hits & Takes By JLN Staff I am taking a day trip to Camp Freeland Leslie, the Scout camp where my Boy Scout Troop, Exploring Club and Venturing Crew is spending the week. Every year there are some older council leaders who come to camp for one day, normally Thursday when we have the leaders luncheon. I am coming Tuesday for the leaders steak dinner. Despite the menu difference, I have officially turned into one of the old-timers. Arghh!!!~JJL We are one day closer to MarketsWiki Education World of Opportunity in Chicago. Our sponsors for the Chicago series…