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Tag Archives: MIFID II

Potential CAT Delay; Whistleblowers Blow Whistle on SEC Watchdog; EU ICO Warning John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff CME Group’s October Options Review included the fact that a record 57% of Natural Gas options (LN) traded electronically last month, with record electronic ADV of 64K contracts/day. Other highlights included record open interest in Treasury options, E-mini Russell 2000 Index options are gaining significant traction, relationship-based trading is expanding to all Ag options effective January 8, 2018, copper options continue to reach new records of open interest and Wednesday Weekly FX options are now trading!~JJL Asia Pacific Financial News for November 10, 2017.~JJL @JohnLothian has not tweeted more than 70,000 times.~JJL…

Automation in FX markets; Giancarlo warns EU to stay off clearing turf; Rolet’s awkward departure John Lothian Newsletter,Newsletter

First Read ABN AMRO Loves Fidessa By John Lothian – JLN The romance between ABN AMRO Clearing (ACC) and Fidessa is a strategic and growth-oriented one and the relationship is driven by James Fairweather. James Fairweather is the global head of execution services at ACC . He is driving this installation and rollout of Fidessa’s systems at ACC. ABN AMRO Clearing is hoping to expand beyond active traders into services for corporate clients and even prime broker services, and Fairweather said Fidessa’s platform is the right fit for the job. “The breadth of technology was better with Fidessa,” Fairweather said…

CME Launching Bitcoin Futures; Hensarling Leaving Congress; Euronext Renews LCH Deal John Lothian Newsletter,Newsletter

First Read Are you on the right side of Bitcoin history? By John Lothian of JLN Shortly after JLN was published yesterday the news broke that the CME Group would be listing bitcoin futures in the fourth quarter of the year, joining the Cboe in such an offering. The price of bitcoin surged to new highs. Why did the price go up? Because a new group of suckers,…errr, new traders would be reached with this news and want to buy bitcoin. Why would they want to buy it? Because it is going up, of course. Greed. Why are the CME…

The Industry Discusses MiFID II, Part II Feature,Video,video

At the 33rd Annual FIA Futures and Options Expo in mid-October, John Lothian News spoke with a variety of industry participants about upcoming milestones and trends in financial markets. This is the second video in the series focused on MiFID II. Specifically, part two focuses more on the MiFID II effects on U.S. based participants. In part two, Drew Shields, CTO of Trading Technologies, Ed Tilly, chairman and CEO of Cboe Global Markets, Neal Brady, CEO of Eris Exchange, Julie Winkler, chief commercial officer for CME Group, and Ben Morof, chief compliance officer for Teza Capital Management, share their thoughts…

Futures for trucking; End of LME open outcry?; Nasdaq ETF “heist” John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Longtime COMEX member Irving Redel died peacefully at home surrounded by family on October 27, 2017 at the age of 94, according to the New York Times.~JJL The fall edition of Advantage Futures Inside Advantage is available HERE.~JJL Financial News published a list of the 100 Most Influential Women in Finance across the European financial services industry. ~JJL Notable women from the list include: Veronica Augustsson, CEO of Cinnober; Valerie Bannert-Thurner, global head of risk and surveillance solutions, Nasdaq; Diane CÙtÈ, chief risk officer, London Stock Exchange Group; Robyn Grew, chief administration…

The Industry Discusses MiFID II, Part I Feature,Video,video

At the 33rd Annual FIA Futures and Options Expo in mid-October, John Lothian News spoke with a variety of industry participants about upcoming milestones and trends in financial markets.  This first video in the series covers the impact of MiFID II and will be accompanied by a second part focused on MiFID II  implications for U.S. markets. In part one, Andy Ross, CEO of CurveGlobal, Alex Lamb, head of business development for The Technancial Company, Massimo Giorgini, head of Borsa Italiana equities and derivatives markets business development, Adrienne Muir, COO of VoxSmart, Ian Hillier-Brook, CEO of MCO Europe, and Ciarán Kennedy,…

SEC Approves Chicago Stock Exchange’s ‘Speed Bump’ for Trading; Trading Firms Fear Mutiny on MiFID Passport Data John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN ICE has made the inaugural Fortune Future 50 list, their ranking of companies best positioned for breakout growth.~JJL The FIA Expo panel on the geography of fintech was a draw regarding which city is best – London, Frankfurt/Berlin, Chicago, Boston or New York. But noted places of envy were the fintech sandboxes in Ontario and London.~JK Quote of the day comes from Kyle Zasky, partner at the investment bank SennaHill Partners, who said large banking institutions are at risk of being disrupted by fintech start-ups if they do not embrace and invest in…

Derivatives Industry Joins Forces to Launch Futuresfundamentals.org Education Resource Newsletter,Options

Lead Stories Derivatives Industry Joins Forces to Launch Futuresfundamentals.org Education Resource CME Grouop Today at FIA Expo, the largest gathering of futures market participants in the world, futuresfundamentals.org was launched to provide information and curriculum for learners of all levels to understand the role that derivatives markets play in the global economy and our everyday lives. With initial support from the FIA, CME Group, NFA, the Institute for Financial Markets (IFM) and CME Group Foundation, futuresfundamentals.org will be a leading online resource for derivatives education, providing interactive tools, a trading simulator and curriculum for a wide variety of audiences. jlne.ws/2yx2I8A…

CBOE Holdings Becomes Cboe Global Markets; Clearing Stress Tests; SGX Chicago Office John Lothian Newsletter,Newsletter

First Read Hits & Takes Welcome to Deep Dive, our new show that features in depth conversations with key professionals in the industry. Our first two shows include key professionals from Trading Technologies. Today, Brian Mehta, chief marketing officer, is joined by Doug Moneison, partner in Hyde Park Angels, along with Jim Kharouf, who hosts the show. The first episode delves into the topic of where the industry is going to get the next generation of talent, what we have to offer and the rise of new firms that aim to attract new traders. You can watch the show in…