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Tag Archives: market data

Fed plan threatens FCM capital jump; Shorting vol; Macquarie leapfrogs Goldman Newsletter,Options

Lead Stories Fed G-Sib plan threatens 50bp jump in FCM capital Louie Woodall – Risk.net A below-the-radar move to tweak the way the US Federal Reserve assesses systemic risk could force banks to raise billions of dollars in extra capital to support their client clearing businesses, critics claim. A rule change proposed by the Fed on August 24 would require banks to include all cleared derivatives transactions in its Banking Organization Systemic Risk Report, known as FR Y-15. The report is used to calculate the capital surcharge for the eight US global systemically important banks. The new reporting requirement would…

Traders test OPEC ‘whatever it takes’ resolve to defend oil price; The VIX is not a Fortune-Teller; ‘Vol’-Apalooza: A Handy Reference Guide To Low Volatility Regimes Newsletter,Options

Observations & Insight Are You Registered? If you haven’t registered for our Trading Chicago event, a joint effort between John Lothian News and FOW, now is the time. The one-day event is set for June 28th at the Swissotel in Chicago. You can register HERE and see the agenda for the conference. The program is packed with great topics and speakers. We’ll be leading off with a keynote from Craig Pirrong from the University of Houston and a debate over Dodd-Frank between Leslie Sutphen and Gary DeWaal. Other panels cover trading derivatives in the age of populism, trading fixed income,…

So You Want Data? Julie Armstrong Menacho Says CME Is Transforming Data Feature,Video,video

Every exchange is looking at new ways to store, package and provide data to end users. CME’s Julie Armstrong Menacho said the exchange is creating platforms for the next generation of data. Speaking at Barchart’s FinTech Exchange Chicago conference in April, Armstrong Menacho outlined CME’s Technology Partner Services Directory, which provides a host of certified vendors from ISV’s, market data providers and risk management platforms. The new platform has more than 80 partners and plans to list around 200 by year end. The exchange has also been migrating its historical data into the cloud for about two years and now…

JLN Exchange Leader Series 2017: Jeff Sprecher Says ICE Ready To Roll Out Data and Analytics To Meet The Demand For More Info Feature,Mwiki,Video,video

The Intercontinental Exchange underwent some dramatic changes in 2016. With the purchase of Interactive Data at the end of 2015, ICE spent last year integrating that company along with several others, giving the exchange a major footprint in the data, analytics and research space. ICE Chairman and CEO Jeff Sprecher sat down with JLN at the FIA Boca 2017 Conference to speak about that push as well as what’s next for the exchange. “We spent a lot of our time integrating our data acquisitions, which were new to us, and finalizing the infrastructure that we have been building out for…

Credit Suisse Probe Opens Old Wounds; Trump Wants a Pro-Business SEC. That Has Some Investors Worried; Goldman warns Federal Reserve over commodity trading rules fallout John Lothian Newsletter,Newsletter

First Read Bits & Pieces By John J. Lothian William “Bill” Hagerty, Jr., former Chairman of the Chicago Board of Trade and one of the industry’s great gentlemen, has passed away at the age of 87. Bill was the head of what was once the longest tenured member firm of the CBOT, Hagerty Grain, and was a customer of mine when I was a broker. From that relationship I had the opportunity to get to know Bill and came to respect him greatly. When I ran for the NFA Board of Directors back in the early 2000s as an Introducing…

John Lothian Newsletter: London Stock Exchange wins shareholder support for Deutsche Boerse deal; Costly data battle heats up between traders and equity exchanges; Battle lines drawn over London’s role in euro clearing John Lothian Newsletter,Newsletter

First Read Seeking a win-win outcome after Brexit for financial services; Brexit does not end the UK’s dominance of trading and efforts to dismantle it may hurt Europe moreSteve Grob of Fidessa in FTSo, the stark reality of Brexit is setting in much like the feeling you get upon awakening after a long night out. “What just happened?” and “what do I do next?” seem to be dominating most people’s thinking right now./goo.gl/o0fDbu ***** We need the Steve Grobs of the world now more than ever. Thought leader, consensus builder, raconteur. ++++ Top Wall Street Regulator’s Salary Approaches $3 Million;…

Rick Lane of Trading Technologies Talks Mobile Trading and Legacy Systems Interview,Tech / HFT,Video

Rick Lane

Rick Lane, chief technology officer of Trading Technologies is overseeing a major overhaul of how Trading Technologies develops its solutions. In part 1 of this two-part video with JLN editor-in-chief Jim Kharouf, he talks about mobile trading trends, the legacy challenges for the futures industry and rebuilding Trading Technologies’ entire architecture — and how this will all come together. In Lane’s view, rethinking the way technology is built and delivered means finding a balance of buying existing software and combining it with new solutions, a departure from the firm that traditionally built everything in-house. In part 2 of our interview (coming…