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Tag Archives: LME

Traders snap up $80 Brent calls; EM volatility; Quad witching Newsletter,Options

Observations & Insight Carolyn Leonard – Women In Finance JohnLothianNews.com ” I had brokers with very large decks telling me to my face that they’ve never traded with a woman, they weren’t going to trade with me and that I shouldn’t take it personally… A lot of those same guys became awesome friends, but we had a real rocky start.” In this profile video from John Lothian News, Carolyn Leonard recalls her journey through the volatile world of trading at the Chicago Board Options Exchange beginning in the late ’70s. Leonard started trading after a divorce, with two young children…

Young CEO Reshapes 140-Year-Old Metals Exchange; ICE Completes Trayport Deal w/ TMX; America’s Inequality Is Sending the Dow Soaring John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Georgetown McDonough School of Business offers a new fintech class. John Jacobs, executive director of the school’s Center for Financial Markets and Policy, will teach the course along with Perianne Boring, founder and president of the Chamber of Digital Commerce.~JJL The 2018 World Inequality Report is out. Spoiler alert – income inequality is increasing in “nearly all world regions in recent decades, but at different speeds.” Lots of graphics to parse through. The charts comparing Western Europe’s top 1% vs the U.S.’s top 1% on page 8 are pretty stunning.~SD CME Group has…

HKEx’s chief defends LME deal; Exchange CEO search; Susquehanna entering sports betting John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Happy Halloween! Our second compilation video from FIA Expo is out and can be seen below. It is the companion piece to yesterday’s MiFID II video. ~SD DePaul is holding their fourth annual Cyber-Risk Conference on 11/28 at the Chicago Loop campus from 8:30 AM to 4 PM.~JJL Former CBOT and MidAm member Darren S. Bohm passed away. I knew him from my days of trading on the MidAmerica Commodity Exchange. He most recently was with Tradelink, according to his LinkedIn page.~JJL Want to hear something scary? Physical gold investors in Canada…

Futures for trucking; End of LME open outcry?; Nasdaq ETF “heist” John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Longtime COMEX member Irving Redel died peacefully at home surrounded by family on October 27, 2017 at the age of 94, according to the New York Times.~JJL The fall edition of Advantage Futures Inside Advantage is available HERE.~JJL Financial News published a list of the 100 Most Influential Women in Finance across the European financial services industry. ~JJL Notable women from the list include: Veronica Augustsson, CEO of Cinnober; Valerie Bannert-Thurner, global head of risk and surveillance solutions, Nasdaq; Diane CÙtÈ, chief risk officer, London Stock Exchange Group; Robyn Grew, chief administration…

Options Market Says Buy the Dip; Issues With Volatility Short-Selling Guru Newsletter,Options

Lead Stories Options Market to Investors: Buy the Dip; Options traders aren’t pricing in a correction during September and October, even as worries abound. Steve Sears – Barron’s The options market is sending a message to stock investors: Keep calm and buy the dip. Despite the recent turbulence in the market, Standard & Poor’s 500 index options, which are used to hedge stock portfolios, are priced as if investors have little to worry about over the next two months. This stands in sharp contrast to the recent eruption of market commentary that warns stocks could severely tumble for any number…

CFTC Charges Monex With $290 Million Precious-Metals Fraud; Stanley Fischer has unexpectedly resigned John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Rostin Behnam has been sworn in as a CFTC Commissioner.~JJL Julie Menacho Armstrong is the featured speaker today from our MarketsWiki Education World of Opportunity series in Chicago from July.~JJL Sept.13, 5:30 p.m. – 8:30 p.m. in Chicago, CFX Markets is hosting – From Financial Advisor to Modern Day Hero – a thought-provoking panel discussion on alternative investing and technology’s evolving role in elevating the financial advisor-client relationship.~JK First, Harvey and energy — now, Irma and OJ. The Florida orange industry employs 45k people and contributes $8.6m to state coffers. Hopefully, the…

Day Trading the VIX; The Exec Securing Money With Blockchain; LME considers starting lithium contract John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff ICE has committed more than $1 million to relief from Hurricane Harvey. You can donate through them too.~JJL CME Group will hold a Tech Talk 6.0 event on September 14 in Chicago at the Museum of Broadcast History. Topics to be addressed include Trending FinTech, Alternative Data, Innovation in the Cloud and Analytics: From Sports to Finance.~JJL Keith Fishe of TradeForecaster Global Markets offered some feedback from his daughter about this summer’s MarketsWiki Education World of Opportunity series in Chicago. Thanks Keith!~JJL Yesterday we added pages for Thomas Laux, Manfred Matusza, Gregor…

Trillions in Stock and Derivative Trades at Risk Over New EU Rules; LME chief plots evolution not revolution at metal exchange; Regulators’ Penalties Against Wall Street Are Down Sharply in 2017 John Lothian Newsletter,Newsletter

First Read Hits & Takes By John J. Lothian Gary Flagler has a new job. He is now Head of International Business Development, Derivatives consulting for Bolsa Mexicana de Valores, S.A.B. de C.V. (BMV), also known as Grupo BMV, a 122-year-old company and one of Mexico’s premier financial institutions, headquartered in Mexico City, Mexico. He will be working with Mexder and Asigna, Compensación y Liquidación F/30430 Fiso Bancomer SA, MexDer‘s local scale rating AAA–rated clearinghouse. Gary will give them the presence in the U.S. they greatly needed. ~JJL The latest Financial Data for FCMs from the CFTC is available. ~JJL…

JPMorgan develops robot to execute high-speed trades; London Metal Exchange – what’s next for the new lord of the ring?; The Great Corn Clash Is Coming as U.S., Brazil Farmers Face Off John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Today we share with you the remembrances of several industry colleagues of the late Magnus Bˆcker on his life and the impact it had on them and our markets. We hear from Craig Donohue of OCC, Sutat Chew and Michael Syn of SGX, Adena Friedman of Nasdaq, Walt Lukken of the FIA, Nandini Sukumar of WFE, Phupinder Gill (formerly of CME Group), Nils-Robert Persson of Cinnober and Terry Duffy of the CME Group.~JJL Jim Kharouf is on a well-deserved vacation this week with his family. John Lothian has returned from Boy Scout…