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Tag Archives: Interactive Brokers

America’s economic selling points at risk; Investors’ fossil-fuel cut commitments; Bitcoin futures broking John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff The CFTC’s Technology Advisory Committee will meet in Washington, DC on January 23, 2017. As a TAC member, I will be in attendance.~JJL Asia Pacific Financial News from John Lothian News – December 12, 2017~JJL Interest in volatility products is not limited to the Cboe – Eurex will end 2017 with record trading volumes in its VSTOXX futures and options.  Options ADV has roughly doubled and daily futures trading is up some 37 percent.~SD The @JohnLothian twitter account yesterday tweeted 139 times and had 50,707 original impressions.~JJL CME Group has already raised…

Bitcoin certifications; Least Volatilite Year Ever?; Interactive Brokers customers file complaint Newsletter,Options

Observations & Insight Putting on My Broker Hat About Bitcoin John J. Lothian – JLN Everyone is asking about bitcoin. A journalist called and asked to interview me. A magazine called and asked me to write something. A brokerage firm chief risk manager called to ask me my opinion about bitcoin and bitcoin futures. Two weeks ago, a former employer I have not seen in 10 years called me out in Coindesk.com for my bitcoin qualms. At the dinner table my son Robby opened up about owning not just bitcoin, but bitcoin cash, ether and monero. This is a full-fledged…

Maybe Strangely Low Stock Volatility Isn’t So Strange After All; Trump era brings lowest stock market volatility since early 1960s Newsletter,Options

Lead Stories Maybe Strangely Low Stock Volatility Isn’t So Strange After All Sarah Ponczek – Bloomberg Volatility is low. But does that mean it’s abnormal? A group of researchers and economists at the Federal Reserve Bank of New York set out to answer that very question in a blog post Monday; the results weren’t so clear cut. “Are investors complacent? The evidence is mixed,” they wrote. jlne.ws/2ABxk72 ****JB: Another article on the same topic from the Financial Times Trump era brings lowest stock market volatility since early 1960s John Authers and Joanna S Kao – Financial Times The year after…

Options Market Plugs Away; Market Unease; Millennials & Investing Newsletter,Options

Observations & Insight Save the Date for OIC 2018 OIC Mark your calendar for next year’s Options Industry Conference, which will be held May 2-4, 2018, at the picturesque Omni Amelia Island Plantation Resort, located just off the coast of Florida. /goo.gl/YEjt8M ++++++ OCC News August/September 2017 OCC In this issue: Q&A with OCC’s Chief Security Officer Mark Morrison, updates from Capitol Hill, advocacy and charitable endeavors. jlne.ws/2xniZwc ++++++ Business and Friendship Went Together For Leo Melamed, Bob Wilmouth and Leslie Rosenthal John Lothian – JLN Leo Melamed lost two good friends in the last few days in Bob Wilmouth…

JLN Options: All about the crowd in VIX ETPs Newsletter,Options

Observations & Insight Hurricane to Cost Tens of Billions, but a Quick Recovery Is Expected Conor Dougherty and Nelson D. Schwartz – NY Times The brutal storm pummeling the Houston area is likely to rank as one of the nation’s costliest natural disasters, with tens of billions in lost economic activity and property damage across a region crucial to the energy, chemical and shipping industries. But economists say the region is likely to recover quickly and may even experience a bump in growth from rebuilding. nyti.ms/2xKa4Ct ++++++ Deluged Texas Braces for More Rain, and Years of Recovery Julie Turkewitz, Richard…

Hedge funds and the gender imbalance; Probe into ‘maker taker’; The next quant meltdown John Lothian Newsletter,Newsletter

First Read Hits & Takes NEX Group yesterday led a session of Trading Tech 300, the merit badge workshop program created to help young people connect with the financial industry in Chicago. They took a group of Scouts around the financial district in a Geocaching exercise. Thank you to Tom Scanlan and the NEX crew for their service.~JJL Michael Kraines of Trading Technologies is our video subject today from the Chicago sessions of MarketsWiki Education World of Opportunity. Brian Quintenz has been sworn in as a commissioner of the U.S. Commodity Futures Trading Commission.~JJL If you like funny infographics, check…

A Winding Path of Reinvention – Thomas Ascher Feature,MarketsWiki Education,MWEd,Video,video

“A risk-free life is a boring life. I’m not advocating taking stupid risks. Don’t. Understand the risks, but you can’t explore things if you don’t take some risk.” In this video from MarketsWiki Education’s World of Opportunity event in New York, Thomas Ascher, an independent financial executive and former CSO of the International Securities Exchange, explains the proper steps on how to reinvent yourself. Ascher has worn many hats with quite a few companies over the years — NQLX, CBOE, Interactive Brokers — not to mention his time hawking cassette tapes out of his college dorm room. Ascher says that…

Commodities Are Good for Traders, Bad for Investors; Trading Technologies appeals another Patent Board decision involving Interactive Brokers, TradeStation, IBFX; MarketAxess chooses Amsterdam as EU base after Brexit John Lothian Newsletter,Newsletter

First Read Hits & Takes We concluded our MarketsWiki Education series for the summer last week at Trading Technologies on Friday. Between three sessions in New York and four in Chicago over the previous two weeks, we had more than 500 attendees and 42 speakers from the industry. We will be posting videos of those presentations in the coming days. A thanks to all our sponsors for helping us make it happen – CME Group, CBOE, Nasdaq, IFM, Trading Technologies, IIT, Barchart, OCC, Thomson Reuters. ~JK Did you know “central counterparty clearing was invented in 1872 by the Minneapolis Grain…

Britain Hasn’t Been This Politically Risky in 40 Years; Machines Poised to Take Over 30% of Work at Banks, McKinsey Says; Insider trading probe into Deutsche Boerse CEO still open: prosecutor John Lothian Newsletter,Newsletter

First Read Hits and Takes By JLN Staff + Special Guest, Ray McKenzie Six years ago, we had the idea to bring A Leg To Stand On‘s Rocktoberfest to Chicago and the results have been astounding. We have now hosted five Rocktoberfests and, in the process, raised over $400,000 for A Leg To Stand On. We couldn’t be happier with how things have turned out. For those who don’t know, Rocktoberfest began in New York City 14 years ago as a group of music-loving members of the financial community came together to make music and raise funds for ALTSO, a…