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Tag Archives: Libor-rigging scandal

John Lothian Newsletter: Chicago jury convicts trader in widely watched ‘spoofing’ case; Probe Widens Into Treasury Debt Auctions; Everything in the market is more dangerous than it used to be Newsletter,Regulation

First Read ++++ FIA Expo 2015 is underway! Doug Ashburn – JLN The derivatives world has once again descended upon Chicago for the 31st Annual FIA Expo. As you can see from the above photo (taken last night at SunGard’s afterparty at Moe’s Cantina), we can expect a full house. The three-day event, November 3-5, will be held once again at the Hilton Chicago, 720 S. Michigan Ave. Today’s highlights include the ever-popular exchange leaders panel, a keynote luncheon featuring bestselling author and innovative thinker Steven Johnson, and a dozen panels covering global regulation, commodities, technology and more. Be sure…

John Lothian Newsletter: Five global banks to pay $5.7 billion in fines over rate rigging; CFTC takes aim at Isdafix manipulation with Barclays case; Benjamin Lawsky to Step Down as New York’s Top Financial Regulator John Lothian Newsletter,Newsletter

First Read Practice Does Not Always Make Perfect John Lothian‘s shoulder surgery earlier this week marks the third time in three years that he has gone under the knife. After a double knee replacement in 2013 and back surgery in 2014, he viewed this one as relatively minor, calling it “virtually outpatient.” He had even planned to come downtown today. Normally, when the media reports a person’s return home from the hospital, they add the phrase “…and resting comfortably.” We spoke with John this morning and it is safe to say he is neither resting nor comfortable. Though he is…

John Lothian Newsletter: Regulators Point to Risks From Rapid-Fire Trading, Clearing; UBS to Pay Over $500 Million in Fines for Manipulating Currencies and Libor; CME sees more contracts after June power launch John Lothian Newsletter,Newsletter

On the mend John Lothian reported in yesterday. He had a rough night before last, which happens when you pull out the IVs that pipe in the pain medicine. So he thought he would stay another day in the hospital, watch some more “Live with Kelly and Michael,” eat some more hospital food and ponder what else surgeons might work on next. ++++ Under New Management: Alan Campbell Looks To Expand Interest In Bloomberg Commodity Index Jim Kharouf – JLN Sometimes you just need a change of scenery. The Bloomberg Commodity Index, or BCOM, was taken on by Bloomberg in…

JLN Options: Will Added Options Platforms Disperse Liquidity? Newsletter,Options

Statistics-Commentary-Insight Note: This week’s newsletter is being “guest-edited” by John Lothian News Editor-at-LargeDoug Ashburn.  Quote of the Day“Options trading volumes may be down across the industry but the buy side continues to remain captivated with the potential of using options in their strategies,” -Andy Nybo, head of derivatives at Tabb Group, in the article, “US Options volume heads for first fall in a decade.” Lead Stories Liquidity to disperse further as new options venues launchThe Trade NewsThe prospect of greater choice between US equity options exchanges is being treated with caution by market observers who claim that fragmentation is already…