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Tag Archives: London Stock Exchange

Sweet 16: The Tops For 2016 – Exchanges Interview,Regulation,Special Report,Video

Exchange leaders will be dealing with big changes at their respective companies in 2016, from launching new competing markets and dealing with new regulation to integrating new data acquisitions to expanding across different time zones. In JLN’s Sweet 16, we spoke with Michael Davie, Terry Duffy, Jeff Sprecher and Rama Pillai about the top exchange priorities for 2016. If we could sum up each gentleman’s answer in two words they would be: Davie – margin efficiency Duffy – regulatory certainty Sprecher – data integration Pillai – remote access And our two words? Please watch.

Get Smart: LSE Looking To Smart Beta Blog,Financials

The word “smart” has been drilled into the marketing lexicon for so long it is sometimes hard to tell what is and isn’t actually, well, smart. Smart phones, smart cars, smart watches and even a smarter planet. The investment world has seen its own branding with so-called smart beta, which was examined in depth by FTSE Russell in May, the first time the LSE’s FTSE index division put its names together with Frank Russell since the exchange purchased the US index and asset manager last year. Five years ago, LSE bought out Pearson’s share of FTSE to gain full control…

John Lothian Newsletter: CME urges tougher US response to EU clearing dispute; The Tiny Broker Who Won on the Swiss Franc Shock; Did Dodd-Frank Create a ‘Hotel California’? John Lothian Newsletter,Newsletter

First Read New Energy: Nasdaq’s Greifeld Looks To Shake Up Energy Space JohnLothianNews.com Nasdaq’s CEO Robert Greifeld shook things up at the FIA Boca Conference with the announcement the company plans to launch a new futures exchange that will focus on energies, bringing new competition to the Intercontinental Exchange and CME Group. Greifeld spoke with John Lothian News editor-in-chief Jim Kharouf about the new pricing and clearing model, as well as his views on regulation, technology and how Nasdaq is positioned going forward. “The statement of the problem is this, we do not have a single customer who says “I…

John Lothian Newsletter: LSE hints at futures exchange launch; Yet Another Financial Rigging Scandal In The City Of London; Watchdog’s Hunt Is Short on ‘Wolves’ John Lothian Newsletter,Newsletter

First Read A Bit of Boca Next week, the John Lothian Newsletter will be published from our remote headquarters in Boca Raton, Florida as we attend the 40th annual FIA International Futures Industry Conference. In addition to our daily “Boca Bits & Pieces” column, we will be filming a repeat of last year’s hit, our Exchange Leader video series, as well as a new video series on the state of margin and capital requirements. Between video and print interviews and other assorted meetings, at last count there are 41 items on our calendar over two and a half days. And…

John Lothian Newsletter: SEC Charges Direct Edge Exchanges With Failing to Properly Describe Order Types; Transaction-tax plan brings fresh Wall Street battle to Capitol Hill; Turkey agrees derivatives deal with London Stock Exchange John Lothian Newsletter,Newsletter

First Read Bats Pays $14 Million Settling Claims Markets Obscured Rules By Sam Mamudi and Annabelle Ju, Bloomberg Bats Global Markets Inc. is paying a record fine to settle allegations that two stock exchanges it bought last year obfuscated a central part of how their trading system worked. jlne.ws/1Ab3QW1 ***JK: Giving the bad news first… ++++ Bats Global Markets Statement Regarding Today’s Securities And Exchange Commission Announcement BATS BATS announces the conclusion of two separate investigations into the development of order types; one relates to BATS and the other relates to Direct Edge. With regards to BATS, the Securities and…

John Lothian Newsletter: Banks Set for Swaps-Rule Win in Broader Deal to Fund Government; Bloomberg News replaces founding editor; LSE presses Europe to open derivatives trading John Lothian Newsletter,Newsletter

First Read Orc Group Returns as MarketsWiki Sponsors Orc Group has returned to the ranks of MarketsWiki sponsors for 2015. Orc Group, which provides technology for advanced trading, electronic execution and professional services solutions to the global financial industry is becoming a Friend level sponsor. “We are pleased to sponsor MarketsWiki and believe it is a valuable resource for the derivatives industry,” said Jeremie Bacon, Orc Americas, President. “With the speed at which our industry evolves, it’s nice to have information centrally located to help us navigate this changing landscape.” The John Lothian News team is pleased to have Orc…

John Lothian Newsletter: Deutsche Börse deepens push into Asia commodities; London Pushes Nasdaq Off Runner-Up Slot for IPOs; NYSE, ATG Brazilian Equities Exchange Pushes Back Launch John Lothian Newsletter,Newsletter

First Read Futures association chief Anthony Belchambers to step down Philip Stafford – FT.com Anthony Belchambers is to step down as chief executive of the Futures and Options Association, the European markets trade association he founded more than 20 years ago. jlne.ws/L1CrnE ***** Congratulations to Anthony Belchambers on a terrific run as head of the FOA. Also, take a look at JLN’s interview with Mr. Belchambers from last month at jlne.ws/1d0BTUB FOA announces change of leadership Press Release jlne.ws/19p3DHB ++++ NYSE Euronext sells entire MCX stake in December quarter Business Standard Global exchange giant NYSE Euronext has sold its entire…

John Lothian Newsletter: Exchanges Near Infrastructure-Upgrade Deal; CME unveils new oil futures contract to tackle Canadian discount woes; Big-name dealers back LSE and BlackRock ETF push John Lothian Newsletter,Newsletter

First Read Business Remodeling: Satyam Kancharla of Numerix Says Firms Must Rethink Risk and Collateral Management JohnLothianNews.com There has been an avalanche of regulation over the past several years. While firms are digging out from under it in an effort to comply, others are looking for new opportunities this environment presents. Satyam Kancharla, chief strategy officer of Numerix, told John Lothian News’ Jim Kharouf that firms must find ways to create more efficiencies in terms of collateral management and looking at their operations in a more holistic way. The combining of OTC and futures into cleared structured environments are forcing…

John Lothian Newsletter: US exchanges given green light for Europe repositories; London Stock Exchange to quit World Federation of Exchanges; Gensler Gives Wall Street Two Months to Meet Overseas Policy John Lothian Newsletter,Newsletter

First Read Asset managers told to come out of the shadows Gillian Tett – FT.com In recent years Helena Morrissey, head of Newton, the asset management group, has attracted much attention. She is something of a rarity, being a truly senior woman in British finance, and she has used that platform to speak out on many issues including the 30 per cent campaign, which aims to get more women on British boards. jlne.ws/Iw8db0 ***JM: When you don’t speak out, you create an environment where people can invent all kinds of things about what you do. But when you DO speak…