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Tag Archives: margin

VIX lawsuit update; Treasury options; CCP margin Newsletter,Options

Lead Stories VIX MDL Lead Should Have Young, Diverse Attys, Judge Says Lauraann Wood – Law360 (SUBSCRIPTION) The Illinois federal judge overseeing multidistrict litigation over alleged manipulation of the Chicago Board Options Exchange’s volatility index told investors’ attorneys he’ll be looking for details on team diversity and the potential for “substantive work for junior attorneys” in any lead counsel applications they submit. /goo.gl/XRDRsz ****SD: Am I missing something? This feels like code for “please represent yourself with less experienced counsel”? That sounds good for the defense… Treasury Short Bets May Be on Borrowed Time Liz McCormick and Edward Bolingbroke –…

OCC margin breaches spike in Q1; Flash crash blame game Newsletter,Options

Observations & Insight Traders Grapple With a Big Question: Are Tariffs Priced In? Samuel Potter – Bloomberg After months of simmering tension between the world’s two largest economies, the U.S. will impose tariffs on $34 billion worth of Chinese goods at just after midnight on Friday. The key question for financial markets: will it trigger fresh volatility, or is the trade war escalation already priced in? /jlne.ws/2Kzbiv7 ****SD: Well?! Are they? Lead Stories OCC margin breaches spike in Q1 Alessandro Aimone – Risk.net (SUBSCRIPTION) The Options Clearing Corporation (OCC), the world’s largest equity derivatives clearing house, reported 38 margin breaches…

The Options Industry Leader Series 2018 – Nasdaq’s Kevin Kennedy Feature,Mwiki,Video,video

Video series brought to you by OCC In this video from the 36th annual Options Industry Conference in Amelia Island, Fla., Kevin Kennedy, Nasdaq senior vice president and head of U.S. options, talks about how the industry weathered low volatility, Nasdaq’s proprietary product suite and capital requirement issues.     Produced by Mike Forrester Interview by Spencer Doar  

Cboe Throws Launch Date Punch at Crosstown Rival CME Exchanges, OTC & Clearing,Feature,Fintech,Investing & Trading,JLN Subgroups

Aren’t people supposed be getting into holiday mode? Isn’t December supposed to be slow, with nothing but junior staff running around trying not to mess things up?  In the cryptocurrency space, that’s clearly not the case. The CFTC on Friday said CME Group and Cboe Global Markets were okay to launch their respective bitcoin futures products through the self-certification process. CME quickly announced it would launch bitcoin futures on December 18, and then on Monday morning, Cboe announced a December 10 launch date and free trading for the first month to help the contract gain traction. Cboe’s contract will trade…

John Lothian Newsletter: BATS Exchange to Try Again at an I.P.O.; Confident and clear, Yellen says rate path will be well signaled; IBM, JP Morgan, and Others Build a New Blockchain For Business John Lothian Newsletter,Newsletter

First Read A Marginal Victory – for the Time Being Doug Ashburn – JLN Yesterday, a U.S. Government entity took a giant step that will have far-reaching effects on the global financial ecosystem. Oh, yeah, and the Fed raised interest rates for the first time in 10 years. While most eyes in the financial world were glued to the talking heads blathering about the rate hike, I was watching the CFTC as it approved two rulemakings – a proposed rule that would require exchanges, clearing houses, swap execution facilities and data repositories to conduct specific cybersecurity tests. It also issued…

A Marginal Victory – for the Time Being Blog,Commentary,Regulation

On December 16, 2015, a U.S. Government entity took a giant step that will have far-reaching effects on the global financial ecosystem. Oh, yeah, and the Fed raised interest rates for the first time in 10 years. While most eyes in the financial world were glued to the talking heads blathering about the rate hike, I was watching the CFTC as it approved two rulemakings – a proposed rule that would require exchanges, clearing houses, swap execution facilities and data repositories to conduct specific cybersecurity tests, and a final rule requiring swap dealers to exchange initial and variation margin with…

John Lothian Newsletter: Judge Dismisses Lawsuit Inspired by ‘Flash Boys’; Funds scramble to assess computer glitch; Margin Calls Bite Investors, Banks John Lothian Newsletter,Newsletter

First Read FIA, FIA Europe and FIA Asia Announce Merger Plans FIA The respective boards of FIA, FIA Europe and FIA Asia today announced that they have reached an agreement to formally merge the three associations in the first quarter of 2016. www.fia.org ***** And then there was one. ++++ Leverage ratio threat to the cleared derivatives ecosystem FT.com Regarding Thomas M Hoenig’s article “Weakening leverage ratio undermines banks’ accounting” (FT Trading Room, FT.com, August 12): while we respect Mr Hoenig’s views regarding the value of the Basel Committee’s leverage ratio, we believe there are flaws in its application to…

Innovation Incubation: TriOptima’s Mireille Dyrberg Looks at the Latest FinTech Trends Blog,Interview,Tech / HFT,Video

For the past several years, derivatives conferences have been all about regulation. But as Dodd-Frank, MiFID II and other global regulations move through the rulemaking phase to implementation and beyond, the focus has shifted from regulation to innovation. The 2015 FIA Europe International Derivatives Expo was all about fintech, and the top-to-bottom technology overhaul of the world’s financial markets. Mireille Dyrberg, chief operating officer of post-trade services giant TriOptima, spoke with John Lothian News’ Doug Ashburn at IDX 2015 about the innovation cycle, which technologies to keep an eye on, and the role of fintech incubators such as ICAP’s Euclid…

John Lothian Newsletter: Intercontinental Exchange Threatens to List New Cotton Contract Outside U.S.; US ‘superior’ to Europe on futures margin; CFTC’s Massad: agency directed CME to beef up “spoofing” enforcement John Lothian Newsletter,Newsletter

First Read Long run: Jack Schwager talks traders, old and new JohnLothianNews.com Jack Schwager’s career runs from pre-financial futures markets to author of the Markets Wizard books to an online start-up today. As the recipient of the CTA Expo’s 2015 Lifetime Achievement Award in New York in April, he spoke with Jim Kharouf, editor-in-chief of John Lothian News about what he knows about about top traders and his new venture, Fundseeder, an online platform for the next generation of market wizards. For Schwager, top traders don’t just post profits, but have great risk management as well. “It doesn’t have to…