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Tag Archives: LSE

Senate votes to confirm slate of three CFTC commissioners; Bats fires up debate over NYSE and Nasdaq closing auctions; LSE’s New Brexit Plan to Protect London Financial-Hub Status John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff The U.S. Senate has unanimously confirmed Chris Giancarlo as Chairman, Quintenz and Behnam as Commissioners.~JJL The latest in Asia Pacific Financial News from John Lothian News for August 3, 2017 is available here Trade Alert President Henry Schwartz‘s talk is today’s video from MarketsWiki Education. The other videos we have released so far are Everyone Can’t Be the Best from former NYSE Euronext CEO Duncan Niederauer, The Concept of Basis from Gregg Doud, president of the Commodity Markets Council, and The State of Today’s Markets: Issues and Opportunities from Tabb Group founder…

Making the Johannesburg Stock Exchange a Global Player Feature,Video,video

“The JSE, for eight years in a row now, was rated number one, two or three in the world by the World Economic Forum for the quality of financial market regulation.” The Johannesburg Stock Exchange is in the process of adjusting much of its infrastructure. It already transitioned from T+5 settlement to T+3 settlement (with no failed trades thus far); the derivatives trading technology is being replatformed; Cinnober is supplying a new clearing system that will be live at the start of 2018; and London Stock Exchange Group’s MTS is playing a role in revamping bond trading on JSE. Looking…

LSE Working On More Italian Derivatives Growth Feature,Video,video

“We are also working and in close contact with the clearinghouse, because one of the key elements in developing derivatives markets now and probably in the time to come is post-trade efficiency.” The LSE bought Borsa Italiana in 2007. Nicolas Bertrand, the LSE’s head of derivatives, says in the past three years the exchange saw double digit volume growth with increasing support from international participants in the FTSE MIB futures complex. In Q3 2017, Borsa Italiana will extend its trading hours with the goal of capturing even more international order flow. The recent success of Borsa Italiana has translated to…

The Snowballing Power of the VIX, Wall Street’s Fear Index; Wall Street’s self-regulator allows safe havens for tainted brokers; Trump Team Proposes Broad Rethink of Financial Rulebook John Lothian Newsletter,Newsletter

First Read Line-up for MarketsWiki Education Series in NY and Chicago By John J. Lothian We have set the line-ups of speakers for the MarketsWiki Education series in New York and Chicago. Here is the list of the speakers and the days they will be presenting. On July 11 at Nasdaq’s Marketsite location we will have Gary Barnett (SEC), Larry Tabb (Tabb Group), Jennifer Nayar (Vela Trading Technologies), Thomas Ascher (formerly ISE), and Morgan Slade (Cloud Quant). On July 11 at the second session at Nasdaq, we have Gregg Doud (Commodity Markets Council), Henry Schwartz (Trade Alert), Joe Gits (Social…

Banks shed bond indices as regulation tightens; IEX chief sticks to principles in battle for presence; Michael Rüdiger, new Chairman of the Exchange Council of the Frankfurt Stock Exchange John Lothian Newsletter,Newsletter

First Read John Lothian News Takes to the Road Again, Going High and Low By John J. Lothian John Lothian News is sending a team to London tomorrow for the FIA Global’s IDX conference, and meanwhile yours truly is setting off on another Scouting trip to Kentucky to explore Mammoth Cave. Jim Kharouf will lead the London team, joined by the always enterprising Spencer Doar and the steady handed videographer Mike Forrester. We will again be producing a video series featuring various exchange and industry leaders following the IDX conference. My trip has 10 Scouts and four other leaders in…

Departures signal a changing of the guard in HFT; LSE to acquire bond indices from Citi for $685 million; What Makes a Bank Big? John Lothian Newsletter,Newsletter

First Read What Options Leaders Are Thinking Jim Kharouf Today marks the launch of our Options Industry Council exchange leaders series, sponsored by the OIC and OCC. We will feature interviews with options market leaders from NYSE, Nasdaq, CBOE, MIAX and BOX, with each talking about what they accomplished in recent months and what is on their priority lists for the second half of the year. Filmed at the Options Industry Conference earlier this month, we kick off the series with Ivan Brown, senior director, head of options at NYSE. Take a look. There’s a lot to cover in just…

The Quants Run Wall Street Now; Deutsche Boerse CEO seeks end to insider trading probe; Toyota, Merck Join Ethereum Group to Build Blockchain Network John Lothian Newsletter,Newsletter

First Read It’s all in the follow through Jim Kharouf, JLN This week, we are continuing our rollout of video interviews from the Options Industry Conference. Today we feature Gina McFadden, the first woman to receive the esteemed Joseph W. Sullivan Options Industry Achievement Award for her decades of education work at the Options Industry Council. We’ve also posted engaging interviews with industry leaders, Steve Crutchfield, head of market structure with CTC in Liquidity Providers Unduly Penalized By Capital Rules: CTC’s Crutchfield and got a state of the options industry review from Henry Schwartz, president of Trade Alert, The Yin…

Two Market Giants Tried to Create a $75 Billion Mega-Exchange; The Mystery of the Stubbornly-Low Volatility Index Is Deepening; Ex-Credit Suisse Trader Lures $1.6 Billion of Client Cash Newsletter,Options

Lead Stories Two Market Giants Tried to Create a $75 Billion Mega-Exchange Matthew Leising – Bloomberg CME, ICE discussed a merger after Deutsche Boerse-LSE’s deal; They’re no longer negotiating, unclear why talks broke down The world’s biggest exchanges are still looking for deals even though the merger of Deutsche Boerse AG and London Stock Exchange Group Plc was scuttled by European regulators. jlne.ws/2pxJcnX ****SD: Speaking of tie-ups, there was this story about a potential deal last week from Business Insider – TCI’s Chris Hohn on LSE – ICE deal The Mystery of the Stubbornly-Low Volatility Index Is Deepening Dani Burger…

LSE fires back at EU plot to seize euro-clearing; Jay Clayton Confirmed as SEC Chairman; CFA Institute mulls adding ‘big data’ to financial analyst exam John Lothian Newsletter,Newsletter

First Read FinTech Exchange: Haraburda Says Alternative Data the Next Step JohnLothianNews.com How big is your data set? Mark Haraburda, CEO of Barchart, which hosted the FinTech Exchange 2017 conference last month, said the data space is quickly expanding and innovating. “This year the event has been focused on data, the way data is delivered, the way data is stored, the way data is analyzed and visualized as well as the new types of data in the alternative data space,” he said. Read the rest and watch the video » ++++ TMX Group Remembers John Pearce Bunting, Former President and…