Breaking News

Tag Archives: LSEG

Chicago’s Newest Trading Floor Will Be Staffed by Humans; NYSE on Track to Lose More ETF Listings; Big asset managers struggle to meet Mifid II deadline John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff BOX gets SEC approval for a trading floor, the CBOE picks the Winklevoss twins for bitcoin futures and earnings news from ICE and LSEG is among today’s top headlines. ICE and LSEG came out with earnings today. Check it out in Exchange News. ~JJL I like context. Morgan Housel has a blog – An Honest Business News Update – with a lovely reminder humanity is more than the sum of what gets the publicity. ~SD We have added a Hello Bar to the bottom of the MarketsWiki Education website] and to the…

Ethereum Co-Founder Says Crypto Coin Market Is a Time-Bomb; Prosecutor offers to drop Deutsche Börse CEO insider trading probe; Singapore traders regain appetite for lunch John Lothian Newsletter,Newsletter

First Read Hits and Takes By JLN Staff Today is day two of the Chicago version of MarketsWiki Education World of Opportunity at the Stuart School of Business at Illinois Tech. We have the largest audience scheduled today for two sessions, one at 1 PM and another at 3 PM. We still have room for last minute additions as well. Our speakers include Richard Sandor, Bryan Durkin, Terry Savage, Joe Guinan, Amy Shelly and Jennifer Wilson at the first session. At session two we have Mehmet Yanilmaz, Julie Armstrong Menacho, Keith Petersen, Patrick Kenny, David Kelbaugh and Jay Feuerstein We…

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…

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…

Solidifying an American foothold: LSEG’s UnaVista and MTS platforms look to expand Blog,Commentary,Feature,Fintech,Investing & Trading,Mwiki,Regulation

The London Stock Exchange Group has plenty of reasons to be in the news due to its pending merger with Deutsche Boerse, but while all of those discussions take place, parts of the LSEG family are making moves of their own. The two arms in motion are MTS, a bond trading platform, and UnaVista, a back and middle office platform for reconciliation, reporting, matching and validation. Both are in a similar situation — they have a large presence in Europe but not so much in the United States. For example, MTS is dominant in EU sovereign bond trading and UnaVista…

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: LSE, Deutsche Börse Give More Details on Merger; Inside Vitol: How the World’s Largest Oil Trader Makes Billions; Karen the Supertrader’s Winning Strategy Relied on Fraud John Lothian Newsletter,Newsletter

First Read How Now and What’s Next for Retail Forex?Doug Ashburn – JLN As the self-proclaimed regulatory expert at John Lothian & Co., with my first three years here spent building our regulatory database MarketsReformWiki, I am generally the go-to person on stories involving rule changes. But when I was asked about the June 1 letter from Phillip Capital CEO Lynette Lim informing customers that the firm would be no longer be offering retail forex, due to a recent ruling by the Securities and Exchange Commission, the conversation went something like this: John: “So, what is this SEC ruling all…

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…