Breaking News

Tag Archives: John Kerin

CHX: Ownership Matters Blog,Commentary,Feature

Chicago Stock Exchange Seeks Transformation in New Owners and Trading Processes With over 50 venues in the U.S. to execute trading of shares of stock, the Chicago Stock Exchange (“CHX”) unfortunately only stands out for its being overlooked. Its management seeks to change that with an ownership overhaul, trading technology process innovations and a push back into listings that could attract Chinese companies, among others. Like a little brother who gets forgotten in a big family, CHX is fighting for attention with its plans. Many of its current owners have stakes in other trading venues that bring higher margins to…

John Lothian Newsletter: LSE taps Morgan Stanley’s Ross to run Curve; ‘Flash Boys’ trading venue application triggers backlash; High-frequency trader warns of potential market ‘catastrophe’ John Lothian Newsletter,Newsletter

First Read ICE chief calls IEX speed bump plan ‘un-American’ Gregory Meyer and Nicole Bullock in New York – FT IEX, the upstart stock-dealing venue, is taking an “un-American” approach to slowing down high-speed traders, the owner of the New York Stock Exchange has charged in comments that will further inflame debate over markets. goo.gl/743Bge ****Katsuyama is very un-American. He’s Canadian. JJL**** He is North American, it is just like American, but colder. ++++ Typhon Capital Bets Big on Biofuels By TIM PUKO – WSJ Look for drivers – but not oil – to help steer a turnaround in commodities,…

Chicago Intern Education Series Day 3 Wrap-Up Blog,Commentary

For our final day of the 2015 MarketsWiki Intern Education Series in Chicago, hosted by Trading Technologies, our special guest was the city’s mayor, Rahm Emanuel, who told the audience of summer interns that Chicago is the No. 1 destination for young people looking to start their careers right after graduating from college. Chicago is a great destination for several reasons, he said, including that it has the most diverse economy of any U.S. city., incorporating industries such as healthcare, transportation, professional services, and of course the financial sector and risk management in particular. “No single sector drives more than…