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Tag Archives: Neal Brady

CME Adds to Interest Rate Arsenal with Eris Licensing Deal Commentary,Exchanges, OTC & Clearing,Feature,Investing & Trading,Mwiki

The CME Group just moved even closer to its goal of becoming a one-stop shop for all things related to interest rates. CME and Eris Exchange entered into an exclusive licensing agreement Thursday allowing CME to list Eris’s USD Interest Rate Swap Futures. Eris still retains the intellectual property underlying the contract. “This news for us is a really big deal for the adoption of the Eris product globally,” said Eris Exchange CEO Neal Brady. “It just clears away a whole host of obstacles in people further adopting the product.”   But more than just removing obstacles for Eris, the…

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…

Eris Keeps Pace With Evolving Swaps Markets With New Hire, George Harrington Blog,Commentary,Feature

As the interest rate swaps market continues to evolve, Eris Exchange is keeping pace. Eris, the U.S. futures exchange that offers interest rate swap futures as an alternative to OTC swaps, has made a new hire to help bring in more big OTC participants. George Harrington previously headed Bloomberg Markets and oversaw Bloomberg’s SEF, MTF, and Japanese ETP regulated trading platforms, so he has plenty of experience with the regulations that led to a boom in SEFs and the futurization of interest rate swaps. At Eris, he will focus on working across the execution management and order management systems to…

MarketsWiki Education World of Opportunity Series 2016 Schedule Announced Blog,MarketsWiki Education

4th Annual Education series will stop in four cities in 2016 Do you want to help the next generation? The 4th Annual MarketsWiki Education World of Opportunity series is coming to five cities in 2016, including Chicago on July 12th, 14th and 15th, New York on July 19th and London, Paris and Frankfurt in late October. Interns, new employees and anyone interested in learning more about the past, as well as present opportunities and careers in the capital and derivatives markets should attend. Registration for the Chicago and New York events is now open. The goal of the series is…

MarketsWiki Education World of Opportunity Series 2016 Schedule Announced Blog,MarketsWiki Education

4th Annual Education series will stop in four cities in 2016 Do you want to help the next generation? The 4th Annual MarketsWiki Education World of Opportunity series is coming to five cities in 2016, including Chicago on July 12th, 14th and 15th, New York on July 19th and London, Paris and Frankfurt in late October. Interns, new employees and anyone interested in learning more about the past, as well as present opportunities and careers in the capital and derivatives markets should attend. Registration for the Chicago and New York events is now open. The goal of the series is…

Swap Meet: Eris Exchange’s Neal Brady Sees Capital Efficiency Driving Growth of Standardized Swap Contracts Interview,Regulation,Video

In September 2009 the leaders of the G-20 met in Pittsburgh to hammer out a coordinated approach to regulatory reform. Chief among their concerns in the wake of the financial crisis was a lack of adequate capital backstopping the system. Now, several years later, Basel III and other capital rules are coming into into force, making efficient use of capital a global priority. As Eris Exchange’s swap futures contracts continue to set new volume and open interest records, Eris CEO Neal Brady sat down with John Lothian News editor-at-large Doug Ashburn to discuss the emergence of swap futures as an…

John Lothian Announces Summer Intern Industry-wide Education Program in Chicago Blog

John J. Lothian & Company, Inc. is pleased to announce today the creation of a Chicago-based industry-wide summer intern education series to introduce the history, innovation, key leaders and future opportunities to participating interns, summer workers, new employees and those interested in careers in the trading and markets.  The series, which kicks off on July 16,  features presentations from a select group of industry leaders, innovators, entrepreneurs, attorneys, technologists, investors, traders and other industry participants. The series will start on July 16, with an event featuring Leo Melamed speaking about his experience and philosophy of growing global markets.  The kickoff…

Five Minutes with Neal Brady Interview,Regulation

Neal Brady

Neal Brady has spent the last five months or so working to get the Eris Exchange up and running as the first swaps futures exchange created after Congress passed the Dodd-Frank financial reform bill ordering swap trades onto public exchanges. As the deadline looms on finalizing Dodd-Frank, Eris aims to be the venue of choice for clearing services to reduce systemic risk in the over-the-counter market. Thus far, the new exchange for interest rate swap futures has handled over $19 billion in notional value since trading started in August. Q: How did you get involved with the Eris Exchange? A:…