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Tag Archives: London Stock Exchange Group

JLN Exchange Leader Series 2017: LSEG’s Hackett on a Clear Path Forward Exchanges, OTC & Clearing,Feature,Video,video

In just a few years, London Stock Exchange Group has doubled its US headcount to nearly 500 employees. That’s just one indicator that LSEG is doing well across a variety of its operations. Ali Hackett, USA Country Head for London Stock Exchange Group, spoke to JLN about the importance of the customer in continuing LCH’s expansion. Since the financial crisis, regulators have adopted rules that have pushed clearing and trading onto exchanges. But there is still a demand from clientele for innovative solutions in the realm of non-cleared derivatives. “As far as we’re concerned we really want to help the…

Jeffrey Tessler: Deutsche Boerse Exchange Reorganization Is Done, Now Onto The London Stock Exchange Deal Commentary

Jeffrey Tessler is a busy man these days as the person overseeing a recently restructured unit at Deutsche Boerse called “Customers, Products & Core Markets.” The new division rolls together Eurex, Eurex Clearing and Clearstream, the collateral management and settlement business. “We had it separated, so by bringing it together and walking into a client, we can talk about what is most important to them,” said Tessler, at the FIA IDX conference in London. “Obviously, clearing is an important aspect of their business and also the collateral management and collateral efficiency, and collateral optimization. How do we bring it all…

John Lothian Newsletter: Hedge Funds Faced Choppy Waters in 2015, but Chiefs Cashed In; The Recession’s Economic Trauma Has Left Enduring Scars; Wall Street layoffs surged by 275% in April John Lothian Newsletter,Newsletter

First Read Make A Plan: How OCC Is Forging Change In The Options Industry JohnLothianNews.com Craig Donohue joined OCC in 2014 to help address some major issues for the clearing house and to position the organization for the new derivatives clearing landscape. He sat down with John Lothian News to discuss the current state of the options industry, regulation and where the organization is heading next. One of Donohue’s first issues to address was the OCC’s capital plan to raise the organization’s shareholder equity to $247 million, from $25 million. That plan, which strengthens OCC’s capital base as one of…

CurveGlobal’s Michael Davie Looking For New Twist On Interest Rates video

CurveGlobal CEO

Newcomers are always looking to disrupt the status quo or add value to the marketplace. And CurveGlobal, a product development joint venture of the London Stock Exchange Group, CBOE and seven global banks, is planning to do both when it goes live later this year. While much is being made of the LSEG’s potential merger with Deutsche Boerse, Curve Chairman Michael Davie told JLN at the FIA Boca conference that the company is focused on continuing its work to pull the initiative and its customer base together.  Curve, which is technically a product development vehicle, plans to go live in Q3. “The…

2016 Exchange CEO Series: LSE’s David Weisbrod Talks Clearing And Openness Video

The London Stock Exchange Group has been in the headlines of late for its proposed merger with Deutsche Boerse Group, and perhaps another suitor, but until then LSEG’s David Weisbrod says there is much to do in the meantime. Weisbrod, who serves a dual role as US country head of the USA for LSEG and CEO of LCH.Clearnet US, has been focused on providing more access to customers to the London market and its clearing facility. (Weisbrod declined to speak about the pending deal with Deutsche Boerse.) “We’re a big believer in open access, which enables market participants to use…

John Lothian Newsletter: Deutsche Börse lines up swoop for LSE; High-speed firms plan second 1,000-foot tower in Kent; A radical world for FCMs Blog

First Read So I Found You Again On Facebook: LSE and Deutsche Börse Dating Again Jim Kharouf and Doug Ashburn, JLN Well, here we go again. The on again, off again affair between the London Stock Exchange and Deutsche Börse is, well on again. The two exchanges are looking to create “an exchange of equals” which would pair two powerful securities, derivatives, clearing, products and services companies in the global exchange space. LSE made a run at Deutsche Börse, just prior to the DB’s IPO in February 2001 but the deal fell through when shareholders in London objected. The second…

So I Found You Again On Facebook: LSE and Deutsche Börse Dating Again Financials,Regulation,Special Report

Well, here we go again. The on again, off again affair between the London Stock Exchange Group and Deutsche Börse is, well on again. The two exchanges are looking to create “an exchange of equals” which would pair two powerful securities, derivatives, clearing, products and services companies in the global exchange space. LSE made a run at Deutsche Börse, just prior to the DB’s IPO in February 2001 but the deal fell through when shareholders in London objected. The second deal proposal between the two in 2004 ended with more shareholder disdain. And now here we are in 2016 with…

The Data Game: UnaVista’s Maryse Gordon Dissects the Data Challenges under Global Regulations Interview,Regulation,Tech / HFT,Video

When the financial leaders of the G-20 convened in Pittsburgh in 2009 to develop a framework for global regulatory reform, the overarching objectives were set, but the details were left to regulators across jurisdictions. Six years (and billions of dollars) later, the new market structure is taking shape. Chief among the post-financial crisis mandates is the building of a robust and standardized system of global data distribution and storage. Though the task has proven to be difficult, and has required new technology, innovation, and more interconnectedness, the market has risen to meet the challenges. Maryse Gordon of UnaVista, London Stock…

John Lothian Newsletter: John Lothian: Nostalgia, but little outcry, over CME decision to close futures pits; LSE to sell Russell asset management unit; Gooch Hustles for Other GFI Bids as Lutnick’s Takeover Loom John Lothian Newsletter,Newsletter

First Read George Martin, Cheevers & Co. – Keeping The Human Element JohnLothianNews.com “The human element is critical. There’s so much power in a handshake or a face-to-face meeting.” George Martin, trade support specialist at Cheevers & Co., discusses the importance of human interaction in the financial industry. Despite the fact that technology has moved a majority of trading activity from open outcry pits to digital screens, Martin stresses how human interaction is still a key element in the industry. He also gives a brief background of his own trading career, and recalls the state of the financial industry before…