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Tag Archives: Intercontinental Exchange

World’s Biggest Metals Exchange Takes on the Gold Elite; Plan for New Trading Pit Triggers Feud in U.S. Options Market; Deutsche Boerse invests in bond trading platform Trumid John Lothian Newsletter,Newsletter

First Read Jim Kharouf Made a Strong Statement; FOW-JLN Event Showed His Impact on Program By John Lothian Jim Kharouf made a strong statement with his design, leadership and execution of the FOW-JLN Trading Chicago event on June 28th in collaboration with the FOW team and I hope the industry took notice. The event drew 210 people to talk about the key issues facing money managers, traders, exchanges, clearinghouses, brokers, vendors and the industry. What was special about the co-sponsored event was that the program used many of the items in our toolbox to deliver an interesting, educational, lively and…

Cold as ICE: Sprecher asks UK, How much do you love me? Feature

In the battle for financial markets in Europe, exchanges would like some more communication about why they should stay in the UK. To hear one exchange leader tell it, UK markets could use a little more love. At the 10th annual FIA IDX conference on Tuesday, ICE Chairman and CEO Jeff Sprecher said UK regulators have not communicated with ICE much about how they could work together and keep ICE Europe’s operations more firmly in London.  In the wake of Brexit and the upcoming MiFID II rules in January, not to mention the ongoing questions about equivalent financial regulations after…

Market Makers in Equity Options Are Vanishing; Stock options trading volume strong even as volatility dips; Trading blues? It’s just another kick in the vol Newsletter,Options

Observations & Insight   Sponsored Content BOX’s Focus in 2017: Improved Tech and a Trading Floor Click here to watch Much of 2017 for BOX depends on whether the exchange will get approval for its proposed trading floor. In this video from the Options Industry Conference in Scottsdale, Ariz., BOX CEO Ed Boyle spoke about BOX’s motivation to open a floor, revamping the exchange’s matching engine and helping market makers do business. Sponsored content from: ****SD: This is the fifth and final exchange leader video from the Options Industry Conference. If you missed them last week, here are links to…

LSE fires back at EU plot to seize euro-clearing; Jay Clayton Confirmed as SEC Chairman; CFA Institute mulls adding ‘big data’ to financial analyst exam John Lothian Newsletter,Newsletter

First Read FinTech Exchange: Haraburda Says Alternative Data the Next Step JohnLothianNews.com How big is your data set? Mark Haraburda, CEO of Barchart, which hosted the FinTech Exchange 2017 conference last month, said the data space is quickly expanding and innovating. “This year the event has been focused on data, the way data is delivered, the way data is stored, the way data is analyzed and visualized as well as the new types of data in the alternative data space,” he said. Read the rest and watch the video » ++++ TMX Group Remembers John Pearce Bunting, Former President and…

Chess Moves: Can Exchange M&A Really Make Shareholders And Customers Happy? Blog,Feature

I put CBOE’s John Deters on the spot. “Do you care about your customers, John?” I asked. “Yes, we care very much about our customers,” he replied. As chief strategy officer and head of multi-asset class solutions at CBOE Holdings, Deters really does care about them.  But that is a question end users often ask about exchanges today, especially as we look at the M&A activity in the stock, futures and options space. On a panel I moderated at the IOMA: WFE Conference in Frankfurt, we addressed the issue of consolidation with Deters as the lone exchange representative, Gedon Hertshten,…

Staff for Florida regulators recommend continued gas hedging despite nearly $7 billion in losses; Reinventing the (Algo) Wheel; These Winning Positions Could Turn Into Market Migraines Newsletter,Options

Observations & Insight When it comes to web searches, more options than expected Spencer Doar – JLN When compiling the options newsletter, we check a variety of search terms, feeds and websites to get a picture of the day’s activity. Given the ambiguity of “options” as a search term (even with added modifiers), searches invariably pull in results that have no relation to options in a derivatives sense. And that isn’t the the only instance of disparate search yields. You might be familiar with the Office of the Comptroller of the Currency, or OCC, which can be slightly confusing in…

Euronext and Intercontinental Exchange sign clearing services pact; TOM plans wind down – market remains open; Deutsche Boerse imposes hiring freeze and launches spending review John Lothian Newsletter,Newsletter

First Read TT Completes Global Resiliency for the European Region TT Trading Technologies International, Inc. (TT) announced today that its TT futures trading platform now has execution and connectivity services through Interxion’s London data center. This move strengthens TT’s presence in Europe, improving the platform’s accessibility and providing users with regional resiliency and enhanced performance. bit.ly/2oGQkLN ****** TT has crossed all its Ts. ++++ Monthly insight from the WFE and our member exchanges FOCUS – World Federation of Exchanges Q&A with Edemir Pinto, CEO, B3; The challenges of developing the UAE’s SME market; Blockchain regulation comes into focus bit.ly/2gJPAoI **JK:…

OCC to require members to test default process; Soymeal leads China charge into commodities derivatives; Trouble at Tradebook? Newsletter,Options

Observations & Insight JLN Exchange Leader Series 2017: LSEG’s Hackett on a Clear Path Forward JohnLothianNews.com In just a few years, London Stock Exchange Group has doubled its U.S. headcount to nearly 500 employees. That’s just one indicator that this division of that LSEG is doing well across a variety of its operations. Ali Hackett, USA Country Head for London Stock Exchange Group, spoke to JLN about the importance of the customer in continuing LCH’s expansion. Since the financial crisis, regulators have adopted rules that have pushed clearing and trading onto exchanges. But there is still a demand from clientele…

Singapore Exchange Said to Mull Tie-Ups as Deals Grow Harder; ICE warns clients global regulation could harm business; Leveraged Loan Market Moves Closer to Blockchain, Group Says John Lothian Newsletter,Newsletter

First Read JLN Exchange Leader Series 2017: LSEG’s Hackett on a Clear Path Forward JohnLothianNews.com In just a few years, LCH has doubled its headcount to nearly 500 employees. That’s just one indicator that this division of the London Stock Exchange Group is doing well across a variety of its operations. Ali Hackett, USA Country Head for London Stock Exchange Group, spoke to JLN about the importance of the customer in continuing LCH’s expansion. Since the financial crisis, regulators have adopted rules that have pushed clearing and trading onto exchanges. But there is still a demand from clientele for innovative…