Breaking News

Tag Archives: Matt Chamberlain

LME Working To Get Exchange Structure Right Feature,Video,video

“I think we have to be honest that no market structure is going to be the optimal solution for all of its customers. No exchange is in a position where it doesn’t have these open questions. But we probably have more open questions than most at the moment.” The London Metal Exchange and its newly minted CEO Matt Chamberlain spent the first part of 2017 implementing all sorts of admittedly stressful updates and revamps to its trading technology. Now, Chamberlain’s task is to adapt the exchange’s structure for the 21st century. The LME released a discussion paper earlier in the…

Low Volatility and the Risks of Crowded Trades; The Fear Gauge Is So Tiny, It’s Adorable; China H-share volatility at all-time low Newsletter,Options

Observations & Insight April Marketshare via OCC Lead Stories Low Volatility and the Risks of Crowded Trades Dean Curnutt, Macro Risk Advisors – Bloomberg Amid an improbable level of calm in markets, it’s worth remembering what Victor Haghani, a partner at Long-Term Capital Management, said in early 1999 about the fund’s implosion, especially given that quiet markets are compelling trading strategies that capitalize on low levels of volatility. jlne.ws/2pt69sz ****SD: Gotta say, LTCM references always get me to read more. Market Recon: The Fear Gauge Is So Tiny, It’s Adorable Stephen Guilfoyle – TheStreet Isn’t it just adorable? Cute little…

JLN Exchange Leader Series 2017: LME’s Chamberlain on Ambitious Deployment Schedule Feature,Video,video

The London Metal Exchange is in flux after the departure of CEO Garry Jones at the beginning of the year. That leaves interim CEO Matt Chamberlain with structural problems to address and a “hugely ambitious” deployment plan for 2017. In this JLN Exchange Leader Video, Chamberlain outlines these plans and the existential issues facing the exchange. The highlight for LME in 2016 was LME’s steel scrap and rebar contracts. Introduced in late 2015, the contracts picked up traction in 2016.  LME wanted to avoid shoehorning new products into their preexisting contract format. The steel contracts were a departure from the…

Republican plan would ease Wall Street rules, as party embraces deregulation; How the Flash Crash Trader’s $50 Million Fortune Vanished; LME’s Chamberlain favourite to take wheel of metals juggernaut John Lothian Newsletter,Newsletter

First Read CME CEO Duffy isn’t worried about Trump Lynn Marek – Crain’s Chicago Business Terry Duffy’s executive suite at CME Group, a few floors above the Chicago River, is lined with shelves of photos picturing him with politicians from both sides of the aisle. In one, the CME chief exec is flanked by former Republican President George W. Bush and his brother Jeb Bush on a Florida golf course last year. Shots of Democrats, President Barack Obama and presidential nominee Hillary Clinton, have perches too. Noticeably absent: newly elected Republican President Donald Trump. jlne.ws/2lveEPX **JK: Bullish on derivatives. ++++…

At 34, the LME’s Newest Leader Ranks as One of the Youngest CEOs; Banks’ AI plans pose threat to thousands of jobs; Eris Exchange hires Bloomberg LP head of global markets John Lothian Newsletter,Newsletter

First Read Save the Dates For Chicago MarketsWiki Education World of Opportunity Series By John J. Lothian The Chicago MarketsWiki Education World of Opportunity dates are set for July. We are returning to the Illinois Institute of Technology’s Stuart School of Business the week of July 17 to 21. IIT is also known simply as Illinois Tech. We are seeking speakers and sponsors for the series in Chicago, New York and London. We are hoping to announce a date for a Stockholm event soon. We are pushing back plans for a Frankfurt event for the time being. We are looking…

Sweet 16: The Tops for 2016 Special Report

At last fall’s FIA Expo Chicago, John Lothian News partnered with Cinnober Financial Technology to  bring you industry conversations, where we conduct short interviews with industry participants on the important topics facing the financial markets. The 2015 theme is “Sweet 16: The Tops For 2016.” What technology, regulation, exchange or macroeconomic issue or trend will be most important to our industry next year? We will take the 16 best ideas and thoughts and package them in a John Lothian News video series. Here is what our participants had to say: Part 1 – Exchanges: Exchange leaders will be dealing with…

Sweet 16 Honorable Mention – Exchanges Interview,Video

The John Lothian News Sweet 16 Series featured the 16 best ideas and thoughts about exchanges, regulation, economics and technology. But there are still more great ideas for 2016 that made our honorable mention. Here are comments from more industry professionals on exchanges. The Sweet 16 Series drew from 38 interviews conducted at the FIA Expo Conference in November 2015. Here are comments from Michael Grecoff, head of sales at Cinnober, Matt Chamberlain, head of business development at London Metal Exchange, Magnus Haglind, CEO of Nasdaq Futures, Scott Caudell, Chief Technology Officer at IDC.