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Tag Archives: Intercontinental Exchange

ICE Announces Digital Assets Platform; Brokers Face Crypto Scrutiny John Lothian Newsletter,Newsletter

ICE

First Read Hits & Takes JLN Staff John had his hip surgery yesterday and all went well. Thanks to all who sent well wishes. He should be back home in a few days. The American Financial Exchange (AFX) announced that William Daley will serve as an independent director on its board of directors. Daley is currently a managing partner and head of U.S. operations for ArgentiËre Capital and served as President Barack Obama’s chief of staff from January 2011 until January 2012.~JK If you’d like to hear what Richard Sandor has to say about interest rates – particularly Ameribor –…

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….

Notes from The Trading Show Chicago 2018 Blockchain,Blog,Commentary,CryptoMarkets

Terrapinn’s Trading Show has established itself as a sure sign of spring in Chicago, and while the past few years have found the event swinging heavily to a focus on the technology side of trading, including chips, servers, databases and connectivity, the 2018 edition of the show had a strong leaning towards…you guessed it: cryptocurrencies. Everywhere you go in financial markets in 2018, bitcoin and other cryptocurrencies are sure to be there. The exhibitors at the conference still skewed to the hard technology side (let’s face it, all of trading is touched by technology at this point) but the open…

Intercontinental Exchange Announces Marketing and Communications Leadership as Kelly Loeffler Prepares to Depart John Lothian Newsletter,Newsletter

ICE

First Read Hits & Takes JLN Staff Chris White and Viable Markets have invited me to participate in their Crypto Evolved – The Innovator’s Conference. The conference will look at “As Wall Street Meets Silicon Valley, Who Will Dominate the New Crypto Currency Frontier?” The conference will be held on June 27 at the New York Athletic Club.~JJL Kelly Loeffler is leaving her role as head of communications for ICE – did you know she is co-owner of Atlanta’s WNBA team, the Dream? ~SD A big thank you to Kelly Loeffler for her service to ICE and the industry. I…

Bitcoin and the Value of Financial Freedom; Atlanta’s Intercontinental Exchange seeks to trade bitcoin funds on NYSE John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Women in Listed Derivatives, an organization that promotes career advancement and professional relationship-building among women in the OTC & Listed Derivatives Industry, announced its North American board of directors for 2018. The five open board seats will be filled by: Katie Cleland, Elizabeth Cook, Caroline Gillard, Ellen Greene, and Leslie Sutphen. You can find the announcement HERE.~SR ADMIS is heading to the beach for their annual Introducing Broker conference. This year’s event was held in Clearwater Beach, FL.~JJL CQG hosting a Live Ask Me Anything Event today at 2:30 CT.~JJL Yesterday’s JLN Options…

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…

Volatility Is World’s Undervalued Asset; Acting Like Risk Doesn’t Exist Newsletter,Options

Lead Stories Volatility May Be the World’s Only Undervalued Asset Class Doug Kass – RealClearMarkets I have argued that risk is underpriced because in large measure of the structural changes in the markets and participants positioning. Risk is an ever-present condition that cannot be eliminated, though it can be shifted through time and redistributed in form. bit.ly/2yNJED8 Sometimes You Beat the Bear. Lately, the Bear Beats You. Stephen Gandel – Bloomberg Investors have spent at least $2.6 billion this year on funds that are supposed to protect their portfolios in a market crash. Instead, those funds, rather than insuring their…

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…

Nasdaq Launches New Machine Learning Technology for Surveillance Efforts on Nordic Markets John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Nasdaq, a technology company spawned from the exchange space, has announced the first machine learning implementation in market surveillance. The system is part of their SMARTS, which is enjoying tremendous growth since Nasdaq acquired it in 2010. Officially, “Nasdaq’s SMARTS, in collaboration with Nasdaq Nordic, has deployed machine learning capabilities which analyze abnormal market events and improves the alerting processes surrounding market abuse detection.”~JJL CME‘s electronic options averaged 2.2 million contracts per day in August, up 51 percent over the same period last year.~JK ICE has published a video to talk about…