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Tag Archives: MIFID II

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…

John Lothian Newsletter: German Cabinet To Agree Tougher Rules On HFT; Ukraine, CME In Talks On Maize, Barley And Sunseed Futures; Nasdaq Product Head Departs For Start-Up John Lothian Newsletter,Newsletter

Germany reveals cabinet plans to approve a draft law today that tightens up controls for high-frequency trading.  Ukraine and CME Group discuss the possibility of launching new agricultural products for trading. Nasdaq OMX’s European head of product management has elected to step down and start a new consulting firm. In First Read today, take a look at the details for Rocktoberfest New York & Chicago, a charity event that features hot music to help people gain mobility.  Also, you’ve got one more chance to take a look at JLN’s three most recent interviews: Steven Crutchfield of NYSE Euronext; Ryan McElvogue…

Five Minutes with Jim Rucker Interview,Regulation

Jim Rucker

Jim Rucker is the credit and risk officer of MarketAxess Holdings Inc. (MKTX). He joined the company at its inception, after a 20-year career with Chase Manhattan Bank, one of the three financial entities that founded MarketAxess. Earlier this month, MKTX issued a release outlining its views on the European Commission’s Markets in Financial Instruments Directive II (MiFID II). Rucker spoke with JLN’s Doug Ashburn about MiFID, swap execution facilities (SEFs), and emerging regulatory issues. Q: You have been with MarketAxess since its inception, joining the company after a long career with Chase. Tell us a bit about yourself and…