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Tag Archives: LCH

China/HKEX battle heats up; ETFs Unlikely to Cause Widespread Mkt Disruption John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff The JLN Team was saddened to learn of the passing of FIA employee Bernadette Connolly, who passed away after a long illness. Bernie was loved and very respected, as FIA so appropriately shares in their tribute further down the newsletter.~JJL Thinking about purchasing a foreign car in the United States? You should consider putting the pedal to the metal on that urge as the WSJ reported that U.S. dealers expect an imported vehicle to cost $5,800 more after a 25 percent tariff increase. ~SD For the first time since 2008, 3mo T-bills hit…

Trump’s Defense of Putin Too Much for Some Republicans; U.K.’s May in Brexit Turmoil John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff The word of the day in the United States is: Treason.~JJL On Saturday, WGN Television held a Trading Tech 300 session with Demetrius Ivory teaching the weather merit badge to a group of Boy Scouts and one girl STEM Scout. At the class we learned what a CME is in the world of weather. A CME, or coronal mass ejection, is a significant release of plasma and magnetic field from the solar corona. They often follow solar flares and are normally present during a solar prominence eruption. ~JJL Later this week Advantage Futures…

Mobius Says Trade War Is Just a Warm-Up Act for Financial Crisis John Lothian Newsletter,Newsletter

trade war

First Read Hits & Takes JLN Staff It was a great day at Nasdaq for the Trading Tech 300 program. Thank you to Nasdaq and Allan Schoenberg for their support for this merit badge clinic that taught public speaking and communications. Today is the second day of MarketsWiki Education World of Opportunity, this one held at Nasdaq in Times Square. We have a great lineup of speakers, including Oliver Albers, Mike Beller, Kevin McPartland, Maura Cunningham, Sadia Halim, and Bailey Kessing at the 1 PM session. Bruce Morris, Ralf Roth, Jeff Bandman, David Weisberger and Gary DeWaal finish the program…

Binary options are dead; Heat wave slowing markets; LCH’s record first half John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Sunday members of the JLN team head to New York for the summer’s first sessions of MarketsWiki Education World of Opportunity. On Monday we are at Thomson Reuters in Times Square for one session. On Wednesday we are at Nasdaq for two sessions. The details of the events and sign up information is available HERE. Don’t forget to sign up your interns or send your college age children. On Tuesday, Nasdaq is hosting two sessions of Trading Tech 300 and Nasdaq’s Allan Schoenberg will be teaching a merit badge workshop on the Public…

A new generation of anti-Americans; SEC judges appointment violated Constitution John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff We have produced a promotional video for the Crypto Evolved event in New York on Wednesday at the New York Athletic Club. Trading Technologies’ Mike Unetich visited our offices to give the conference a plug. Please take a look and visit www.crypto-evolved.com for more details.~JJL FIA Operations Americas Division members are invited to enjoy food, drinks and an exciting game of baseball at the 18th Annual Summer Outing in Chicago. Join the Operations Americas Division for the Sox v. Yankees on 8/8. Get the details and register~JJL FIA Announces Fourth Annual Innovators Pavilion…

Robinhood evaluation?!?; VIX rigging talk Newsletter,Options

Observations & Insight Chicago Venture Capital Firms Are Funding Fintech Sarah Rudolph – JLN Chicago may not be doing as well as some other cities in certain areas, but it is leading the charge in technological innovation in the financial world and in the crypto world. Several Chicago-based venture capital companies took part in a panel on financial innovation moderated by Chuck Mackie, consultant at Maven Wave Partners and contributing editor to John Lothian News, at The Trading Show Chicago on Thursday. DRW works with companies on development in the later stages. Its Digital Asset Holdings venture, headed by Blythe…

Cross-Border Concerns – Jonathan Jachym, LSEG Feature,MWEd,Video,video

When Jonathan Jachym started at the London Stock Exchange Group stateside about three years ago, there were some 250 employees, most based in new York. Now, the group’s head of North American regulatory strategy and government relations has some 700 U.S.-based coworkers in six different locations. The personnel growth was matched in 2017 with revenue up across all core businesses, with its FTSE Russell and LCH arms doing particularly well. In this video from JLN’s annual series with industry leaders, Jachym talks about compression becoming a natural part of a swap’s trading life cycle, how the group benefits from passive…

Top Regulator Worries About Crypto Market Manipulation; CFTC ‘astounded’ as Congress prepares to cut budget John Lothian Newsletter,Newsletter

First Read Congressional CFTC Budget Decision Lacks Vision and Reason John Lothian – JLN A reasonable person could see that the U.S. Commodity Futures Trading Commission needs an increase in its budget to address the growing responsibility it has acquired over US markets in recent years and the dramatic development and investment in fintech and cryptomarkets. A reasonable person, Democrat or Republican, would vote for the modest increase the CFTC requested unless they suffer from a chronic case of market myopia. But alas, the budget passed by the U.S. House of Representatives cuts the CFTC’s funding by $1 million to…

Two futures exchanges call for post-Brexit Mifid rethink; CME Group and JPX Announce Contract; Systemic risks of clearing John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Today’s top story, Two big futures exchanges call for post-Brexit rethink on Mifid, reiterates what Jeff Sprecher said in April 2017 as covered by Business Insider, “Not to sugarcoat it, I think it [MiFID II] is the worst piece of legislation I’ve ever seen in the history of my career.” But he’s been blasting it since 2016.~JK Eric Piscini of Deloitte Consulting wrote that advancements in the coming months will make the use of blockchain platforms “easier than ever. And it will happen across the main stacks of Hyperledger, ethereum and Corda, among…