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Tag Archives: Intercontinental Exchange

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…

JLN Exchange Leader Series 2017: Jeff Sprecher Says ICE Ready To Roll Out Data and Analytics To Meet The Demand For More Info Feature,Mwiki,Video,video

The Intercontinental Exchange underwent some dramatic changes in 2016. With the purchase of Interactive Data at the end of 2015, ICE spent last year integrating that company along with several others, giving the exchange a major footprint in the data, analytics and research space. ICE Chairman and CEO Jeff Sprecher sat down with JLN at the FIA Boca 2017 Conference to speak about that push as well as what’s next for the exchange. “We spent a lot of our time integrating our data acquisitions, which were new to us, and finalizing the infrastructure that we have been building out for…

ETF Trading Glitch Fuels Worries Over Modern Markets; Teza sells high-speed trading as lucrative business sours; ICE delays launch of clearing for London gold benchmark John Lothian Newsletter,Newsletter

First Read Bits & Pieces By John J. Lothian The LME came to Chicago yesterday for a straightforward marketing presentation and attracted a room full of Chicago futures market participants. They laid out their business, plans and factors impacting them in a well done program. The big news out of LME is the June 5 launch of its precious metals futures; gold and silver. Here is a FAQ about their offering. John Lothian News is bringing its MarketsWiki Education World of Opportunity series to New York on July 11 and 12. Sign up will open up June 1. Nasdaq will…

20/20 Vision: Richard Sandor, Inventor Of Market Solutions, Releases New Book On Environmental Markets Commentary,Feature

There are few who change the world in a profound way. Richard Sandor, who brought us the first interest rate futures contract, also created the Chicago Climate Exchange in 2003. CCX launched a new set of greenhouse gas contracts as an innovative step to solving the issue of global warming. In his latest book, “How I Saw It,” Sandor republishes many of the columns he wrote from 1999 to 2005 during that pivotal time in the development of environmental markets. Despite what some may think about carbon markets today – as a politically unpopular solution in Washington – it’s a…

New Reforms Could Make Banks More Vulnerable; Intercontinental Exchange Announces Agreement to Acquire TMX Atrium from TMX Group; Nex Group: a dude elides John Lothian Newsletter,Newsletter

First Read Bits & Pieces By John J. Lothian We have added Johan Toll of Nasdaq to our March 1 Stockholm MarketsWiki Education World of Opportunity event. He will speak about blockchain. Unfortunately, Patrick Thornton-Smith of Duco had a conflict come up and will not be able to present. We hope to get PTS in the fall in London. John Damgard has agreed to speak at our July 21 event in Chicago. We are beginning work on lining up speakers for this summer’s series. Chicago is scheduled for July 17, 19 and 21. New York is set for July 11…

2016 Exchange CEO Series: Jeff Sprecher Talks Data, Clearing and Growth for ICE Video

For the Intercontinental Exchange (ICE), 2015 was about major investments in data and analytics services. Now in 2016, the exchange is looking to integrate recent data acquisitions into its business and grow well beyond traditional exchange trading and clearing services. ICE CEO Jeff Sprecher spoke with John Lothian News at the FIA Boca Conference about how its purchases of SuperDerivatives, Interactive Data and S&P Analytics fit into its business model. ICE is also working with Blackrock, on exchange traded funds, to become its benchmark index provider.. “We started to pivot the company to get deeper into the data space,” Sprecher…

Sweet 16: The Tops for 2016 Special Report

At last fall’s FIA Expo Chicago, John Lothian News partnered with Cinnober Financial Technology to  bring you industry conversations, where we conduct short interviews with industry participants on the important topics facing the financial markets. The 2015 theme is “Sweet 16: The Tops For 2016.” What technology, regulation, exchange or macroeconomic issue or trend will be most important to our industry next year? We will take the 16 best ideas and thoughts and package them in a John Lothian News video series. Here is what our participants had to say: Part 1 – Exchanges: Exchange leaders will be dealing with…

Sweet 16: The Tops For 2016 – Exchanges Interview,Regulation,Special Report,Video

Exchange leaders will be dealing with big changes at their respective companies in 2016, from launching new competing markets and dealing with new regulation to integrating new data acquisitions to expanding across different time zones. In JLN’s Sweet 16, we spoke with Michael Davie, Terry Duffy, Jeff Sprecher and Rama Pillai about the top exchange priorities for 2016. If we could sum up each gentleman’s answer in two words they would be: Davie – margin efficiency Duffy – regulatory certainty Sprecher – data integration Pillai – remote access And our two words? Please watch.

New Energy: Nasdaq Prepping For Launch Of Nasdaq Futures Interview,Video

Nasdaq Futures was announced in March with a goal of shaking up the energy futures markets. Since then, Nasdaq’s team has been busy building infrastructure and signing up new members. The question is, will they challenge the likes of CME Group’s Nymex or the Intercontinental Exchange? Hans-Ole Jochumsen said that Nasdaq Futures, or NFX, has the model to compete with established markets. Its partnership with OCC will clear its natural gas, crude oil and power futures contracts at a mere 4 cents per side. That, coupled with the Nasdaq trading engine, GENIUM INET, that is common to many in the…