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Tag Archives: Morgan Stanley

Liquidity concerns to fuel vol; CTC expands; Sebi’s derivatives rules Newsletter,Options

Lead Stories Goldman Warns of Liquidity-Fueled Sell-off After ‘Volmageddon’ Tracy Alloway – Bloomberg (SUBSCRIPTION) Weakened liquidity might have set stage for volatility surge; February event stands as warning to consider hedges: Goldman More than five months after February’s so-called volmageddon, the causal connection with a sudden slide in U.S. equity liquidity is only now becoming clear, according to Goldman Sachs Group Inc. /goo.gl/usP89x ****SD: Seems to be the bank concern de jour – the below story regarding Morgan Stanley’s research is also about liquidity. The Heisenberg Report has more on the notes here. Volatility highest since financial crisis, Morgan Stanley…

Crypto Markets News from John Lothian News – May 15, 2018 Americas,Blockchain,Blog,Commentary,CryptoMarkets,Exchanges, OTC & Clearing,Fintech,Tech / HFT

crypto markets update 2

Notes from Day One at Consensus By Chuck Mackie – JLN If you had any doubts about the swelling surge of interest in cryptoassets, you only had to try and check in to [[https://www.coindesk.com/|Coindesk’s]] [[https://www.coindesk.com/events/consensus-2018/|Consensus conference]] in midtown Manhattan around mid-morning on Monday. The line snaked its way back and forth through the 2nd floor lobby, down the escalator and out of the front door of the hotel, and it took up to two-and-a-half hours for the reported 7,700 attendees to check in for the event. Consensus began four years ago with 500 true believers in attendance, grew to 1,500…

Crypto Markets News from John Lothian News – May 11, 2018 Blockchain,CryptoMarkets,Fintech

crypto markets update 2

Cryptocurrency Exchange Upbit Raided by Korean Authorities Shinhye Kang and Heejin Kim – Bloomberg South Korean prosecutors raided the offices of Upbit, one of the world’s largest cryptocurrency exchanges. Authorities searched the exchange’s offices on Thursday and Friday, according to an official from the Seoul Southern District Prosecutors’ Office, who asked not to be identified citing office policy. She declined to provide further details of the raid, which was first reported by the Korea Economic Daily. https://jlne.ws/2wxuItJ Cryptocurrency Trading Platform Launches First Regulated Ethereum Futures Michael del Castillo – Forbes So, you think Ethereum is a crock? Later today you’ll…

VIX Faces Probes With Controversial Auction at Issue John Lothian Newsletter,Newsletter

auction

First Read Hits & Takes JLN Staff Congratulations to OIC’s Mary Savoie and the OCC/OIC team that organized this year’s Options Industry Conference. The venue was great, the weather nice and the execution of the conference was terrific.~JJL No one wanted to sponsor a porta potty for the OIC beach cabana party yesterday. Something about bad branding. I suggested OCC should have sponsored them. After all, OCC is where our liquidity is pooled.~JJL We forgot to unlock the video interview with WFE’s Nandini Sukumar. The video is now unlocked and available for viewing. Our apologies, but shame on all of…

Cboe approval shakes up stock market’s closing auction; Euronext Acquires InsiderLog; Goldman Is Worth Less Than Morgan Stanley for the First Time in a Decade John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff OCC total cleared volume topped 30.3 million contracts on January 16, the first time since January 2016. Total cleared futures volume at OCC was the fourth highest ever, at 1.1 million contracts.-via Twitter~SD Peter Lenardos, who served as a managing director at RBC Capital Markets for the past seven years, left the company last week. The well-known analyst, who covers exchanges and other publicly traded firms in the financial services area, will be pursuing other opportunities. His deputy, Elliott Broadbent, is believed to have left as well.~JK Cboe did have record volume Tuesday…

WILD Women Make Sound Investment Decisions Blog,Fintech,Investing & Trading,Mwiki

Women will have $22 trillion of investing wealth by 2020. Now that women actually have their own money, they – like men – need to know how to make it grow with savings and investments. Women are projected to have $22 trillion of the investing wealth by the year 2020 – they had better know what to do with it. Women in Listed Derivatives (WILD), which has become well known for its efforts in the advancement of women in the financial industry, brought together another room full of highly accomplished women on Tuesday for a panel on Women and Personal…

HKEx’s chief defends LME deal; Exchange CEO search; Susquehanna entering sports betting John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Happy Halloween! Our second compilation video from FIA Expo is out and can be seen below. It is the companion piece to yesterday’s MiFID II video. ~SD DePaul is holding their fourth annual Cyber-Risk Conference on 11/28 at the Chicago Loop campus from 8:30 AM to 4 PM.~JJL Former CBOT and MidAm member Darren S. Bohm passed away. I knew him from my days of trading on the MidAmerica Commodity Exchange. He most recently was with Tradelink, according to his LinkedIn page.~JJL Want to hear something scary? Physical gold investors in Canada…

Intercontinental Exchange Announces Agreement to Acquire Global Research Index Platform from Bank of America Merrill Lynch; HKEX Announces Senior Appointments; This Blockchain Bubble Might Be a Good Thing John Lothian Newsletter,Newsletter

First Read Getting Animated About Trading Chicago JLN If you haven’t signed up for the FOW-JLN conference Trading Chicago on June 28th, it is a solid program worth checking out. Speakers this year include the Streetwise Professor Craig Pirrong, Leslie Sutphen and Gary DeWaal debating Dodd-Frank, Fidessa’s Steve Grob, Chris Hehmeyer and Joshua Yang talking about our markets in an age of populism with Carl Gilmore. Other notables include Jay Feuerstein of Budo Group, Richard Mackey of Rosenthal Global Securities and Tim Gits of Eurex and Chris Anderson of Itiviti talking about opportunities in the red hot interest rate markets….

CFTC Reproposes Position Limits, Adopts Aggregation Regulations; Some Thoughts by OCC on Risk Management; VIX Falls 14% But Futures Signal Market Turbulence in 2017 Newsletter,Options

Observations & Insight Challenging the Status Quo: Cinnober Aims To Break Into The Back Office Clearing Space Jim Kharouf – JLN There was a time when many thought there wasn’t really much of a market for full clearinghouse solutions with real time clearing and risk management. But in 2007 and 2008, Cinnober successfully pushed into the space and carved out a nice niche for itself, especially as the global financial crisis illustrated the intense need for such solutions. Now, the company is pushing into the established space of back office clearing for clearing member banks and brokers. That space is…