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Tag Archives: MIFID II

John Lothian Newsletter: Swiss Investigate Seven Banks Over Precious Metals Market Trading; EU watchdog unveils new rules for bloc’s securities markets; UnaVista and DTCC to provide MiFIR reporting service John Lothian Newsletter,Newsletter

First Read Bits & Pieces By John J. Lothian If you are not watching our MarketsWiki Education Summer Intern Education series videos, you are missing a lot. Today we have Joe Niciforo, who with the help of Paul Tudor Jones, is looking for the next generation of portfolio managers. We will be continuing to release videos from this summer’s series. We have one more video from the New York event, Haim Bodek. The series will be bolstered by videos from our London events to be conducted in a couple of weeks. We still have some room for the London series,…

John Lothian Newsletter: Market calls for US and Europe to end derivatives dispute; U.S. gives antitrust approval to Nikkei’s purchase of Financial Times; LSEG and Boat Services to build MiFID II Trade Reporting solution John Lothian Newsletter,Newsletter

First Read A Complicated Relationship By John J. Lothian Patrick Young is headed back to the Bürgenstock Conference of the Swiss Futures & Options Association for the first time in several years to host a rerun of the “Crossfire” panel he once popularized. He is bringing his well-known wit and blistering charm to this once legendary international forum of industry leaders. Burgenstock has not aged so well in the years since Crossfire was a thing. It lost its beautiful venue atop a mountain overlooking Lake Lucerne and has bounced around Switzerland to alternative locations that lacked the unique qualities of…

John Lothian Newsletter: Here’s What We Learned From the Official Report on the ‘Flash Crash’ in U.S. Treasuries; College Kid’s Secret Stock Trade Shows China’s Moral Hazard; Wall Street’s Top Cop Takes Harder Line John Lothian Newsletter,Newsletter

First Read Bits & Pieces By John J. Lothian We are off to New York this morning for our Summer Intern Education Series at the New York Stock Exchange on Wednesday, July 15. We now have 90 people signed up for the New York events. Thank you to all who helped us get the word out and to those who have signed up for the series. We hope it exceeds your expectations. There is a lot going on July 15. Our friends at Markets Media are also holding an event in NYC on Wednesday, but this one is aimed at…

Reg Roadmap: European Regulation Winding Its Way Forward Regulation,Special Report

The European regulatory overhaul has been long and winding as industry participants grapple with three major initiatives simultaneously: EMIR, MIFID II and Basel 3, just to name a few. Even with the recent delay of MIFID II standards to September, regulatory experts say there is progress on some key areas, including an ongoing effort by US and EU regulators to find common ground on key sticking points, such as margin rule differences. Scroll through to view the full story with photos and video, or click here for the full layout.

JLN Managed Futures: After big 2014, trend-chasing mutual funds drop; Why Hedge Funds Love To Go Offshore; Are we set for the rise of the non-bank FCMs? Managed Futures,Newsletter

Observations/Commentary 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 be…

John Lothian Newsletter: ICE Relaunches Credit Swap Futures; Deutsche Boerse Group extends cooperation with Korea Exchange; Why the Cost of Hedging European Banks Stocks Has Soared John Lothian Newsletter,Newsletter

First Read Laugh For Kim Taylor Tina Hasenpusch, CME If you know Kim, you obviously know her laugh is unbelievably infectious, and that she loves nothing more than a good laugh. So to keep up her good spirits as she battles cancer and inspired by the ‘ice bucket challenge’ – (instead of dumping ice water on one’s head), we are asking people to video themselves imitating Kim’s laugh and nominate others to do the same or donate to colorectal cancer research. The website was launched yesterday. Check out www.laughforkim.com You can upload your own laughter-videos directly from your smartphone or…

John Lothian Newsletter: ICE to boost default funds; U.K. Bans Ex-Rabobank Trader in First Individual Libor Penalty; Would-Be Financial Whiz Is Charged With Stealing From Investors John Lothian Newsletter,Newsletter

First Read Looking Up: RJO’s Gerry Corcoran Bullish On Managed Futures Jim Kharouf – JLN As CEO of one of the largest FCMs in the world, Gerry Corcoran of RJ O’Brien has diversified its services from futures execution and a clearing member firm to a host of other markets and businesses including managed futures. To him, the managed futures space has a lot of room to grow. JLN editor-in-chief Jim Kharouf sat down with Corcoran last week at the FIA Boca Conference to talk a bit about his views of the managed futures space. Q: What do you see in…

John Lothian Newsletter: Penny Stock Pawnbroker Had a Clever Trick to Get Paid; FXCM Adopts Shareholder Plan to Block Unwanted Takeovers; Cheap Oil Burns $390 Billion Hole in Investors’ Pockets; John Lothian Newsletter,Newsletter

First Read Scouts Reach Their Goal John J. Lothian Thank you to those who have contributed to the fundraising for three of my scouts to help pay for their trip to the World Jamboree in Japan later this year. The generosity of the readers of this newsletter is incredible; it never ceases to amaze me. With your help, I made good on my pledge to raise the boys $15,000, or $5000 each, to help defray the cost of attending the jamboree. You don’t know what a difference this type of experience can make in a young person’s life. Yesterday I…

John Lothian Newsletter: FIA’s Walt Lukken Takes the ALS Ice Bucket Challenge; Lehman Brokerage Wants New Hearing in Dispute with Barclays; Protests and debate as Mifid II draws closer John Lothian Newsletter,Newsletter

First Read FIA’s Walt Lukken Takes the ALS Ice Bucket Challenge; Responds to JLN John Lothian News The CEO of the Futures Industry Association responded to the ALS Ice Bucket Challenge I made to the readers of my newsletter. In doing so, he challenged the leadership of the FIA in the U.S. and in Europe, as well as some industry brass, to take the challenge. jlne.ws/XCAbJP ***DA: In addition to being a tremendously good sport, Walt ups the stakes by naming quite a few industry people by name. You had better watch this video to see if your name is…