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Tag Archives: JLN Metals

John Lothian Newsletter: Miami International Sees September Launch For Stock-Options Exchange; Swaps clearing likely mandated by year-end: CFTC; LME signs up for high speed push John Lothian Newsletter,Newsletter

Miami International Holdings plans to start its new venture, the MIAX Options Exchange (in New Jersey, not Miami), in September 2012. The CFTC hopes to get a clearing mandate for swaps by year’s end. The LME wades deeper into electronic trading with fast data from Fixnetix. One more big basket of volume reports awaits in the Exchanges section; more stories throughout from the ISDA conference; and the top box today contains a JLN Metals interview with Chris Gale of Latin Resources Limited.

John Lothian Newsletter: ELX Plans Agricultural Futures In Challenge To CME; Trading firms in uproar over Nasdaq OMX’s clearing U-turn; Derivatives Overhaul Inevitable, But Trade Group Sees Delays John Lothian Newsletter,Newsletter

ELX Futures has plans to launch a set of new contracts for agricultural products, hoping for a wider stance to take on CME Group. Nasdaq OMX announces that it will delay Nordic clearing reforms, and that doesn’t sit well with trading firms, who had been buying new infrastructure in order to prepare for the changes. Sentiment at the Chicago ISDA conference points to the implementation of some new derivatives reform, but participants are hopeful they can hold some of it off for the time being. The Asia section has the first trickle of volume reports for the month of April….

John Lothian Newsletter: Madrid bourse overhauls trading system; CFTC: NYSE’s US Futures Market Should Improve Surveillance; LCH Raises Margin Cost for Trading Some Spanish, French Debt John Lothian Newsletter,Newsletter

BME in Spain gets its exchange systems ready for high-frequency traders. The CFTC reviews NYSE rule enforcement practices, and says that they should watch the doors and windows more carefully. LCH.Clearnet boosts the margin levels for some Spanish and French bonds. In the top box, Jim Kharouf has a JLN Metals Five Minutes interview with gold analyst Gargi Shah; CME Group reports earnings; and Philip McBride Johnson suggests that politicians aren’t all that concerned with the difference between doing something sensible versus simply doing something.

John Lothian Newsletter: Opposition to Japanese Bourses Tie-Up Mounts; NYSE sets ‘full service’ clearing house for London; MF Global Trustee Sees $1.6 Billion Customer Shortfall John Lothian Newsletter,Newsletter

Osaka Securities Exchange investors tell company management to demand more-bigger-better in the pending deal with TSE. NYSE-Euronext declares its interest in creating a full-on clearing service in London. The MF Global bankruptcy trustee, after using ALL the fingers, believes the shortfall is now around $1.6 billion, given anticipated difficulty in clawing money back out of Europe. Rumors suggest that LCH.Clearnet is nearing an announcement regarding a change of ownership. In the top box, JLN announces a new video service: John Lothian Productions; and JLN Metals and JLN FX newsletters and blogs find new editors in Nicole Rohr and Jon Matte,…

NYSE Liffe US Renews Sponsorship of JLN Metals Edition through 2010 Blog

John J. Lothian & Company, Inc. is pleased to announce NYSE Liffe US has renewed its sponsorship of JLN Metals Edition. NYSE Liffe US is pleased to continue its highly successful sponsorship of the JLN Metals Edition through 2010. The current precious metals market is extremely dynamic, so it is essential for our clients to have comprehensive, reliable information and analysis. The JLN Metals Edition provides this to them every day,” said Thomas Callahan, CEO, NYSE Liffe US.