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Tag Archives: NYSE

Stacey Cunningham Named NYSE President; CFTC crypto guidance; SONIA on CurveGlobal John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Congratulations to Stacey Cunningham, who will become the NYSE’s first female president on Friday. She spoke at our MarketsWiki Education event in New York in 2015.~JK RCM Alternatives has done an autopsy on LJM, whose Preservation and Growth Mutual Fund, LJMIX, was decimated by the market action on February 6.~JJL The CME Institute is having a U.S. Treasury Futures simulated trading competition starting June 10 at 5 p.m. Central Time. The top three finishers will receive “up to $2,500 in prizes.” You can go here for the rules and to register.~SR CAIA is…

Michael Bloomberg Slams ‘Epidemic’ Of Political Lies As Danger To Democracy John Lothian Newsletter,Newsletter

truth lies

First Read Ibbo’s Kilt Challenge By Mark Ibbotson I am wearing a kilt to the IDX 2018 Gala for Futures for Kids because I believe in this charity’s mission! Each year, FIA hosts the IDX Gala in aid of Futures for Kids, an organization that raises funds on behalf of the futures and options industry for charities that strive to provide better lives and futures for children internationally. Over the last nine years, the IDX Gala has raised more than £1.4 million for Futures for Kids, including through the Kilt Challenge. Since 2010, various giants from the futures industry (to…

ICE working on bitcoin platform; SEC’s Piwowar stepping down; NY AG quits John Lothian Newsletter,Newsletter

ICE

First Read Hits & Takes JLN Staff Galina Hale, Arvind Krishnamurthy, Marianna Kudlyak and Patrick Shultz from the Federal Reserve Bank of San Francisco have published an economic letter, “How Futures Trading Changed Bitcoin Prices.”~JJL You may know Matthew Scharpf as the extraordinary vice president of fixed income derivatives and clearing, Americas at Eurex in Chicago. But he’s an equally talented musician with a new album called “All That I’ve Left” which is now officially released and available on iTunes, Amazon, Spotify, Pandora, Napster and CDbaby. Matt’s band will be playing live on May 12 at Wire in Berwyn, IL…

Amazon and Google’s Cloud for Big Banks; Bold goals from Korean meeting John Lothian Newsletter,Newsletter

First Read Lessons From the “Not Guilty” Verdict in This Week’s Criminal Spoofing Trial Renato Mariotti Mariotti is a former federal prosecutor who spent almost 10 years investigating and prosecuting hundreds of cases in a wide variety of areas and is now a defense attorney. He is a former candidate for the Democratic nomination for Attorney General in Illinois. Wednesday’s stunning “not guilty” verdict in United States v. Andre Flotron, only the second spoofing case ever taken to trial, is a reminder that it is extremely difficult for prosecutors to prove a defendant’s intent beyond a reasonable doubt in the…

Swaps Rules Due for Overhaul – CFTC; Ex-UBS Trader Beats Spoofing Charge John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Andreas Preuss and Jeffrey Tessler have been replaced on the Deutsche Boerse AG Executive Board. Thomas Book, Christoph Bohm and Stephan Leithner have been appointed to the board.~JJL Yesterday’s Fintech Exchange, hosted by Barchart, kicked off with with the Startup Exchange Competition – 16 start-ups introducing their innovative companies. PanXchange won the competition, for its technology and approach to raw commodities. The company listed frac sand in October 2017. Second went to Coinifide, a start-up that is building a trading education and trading platform for cryptocurrency markets. Third place went to Freight Exchange,…

Bitcoin is the greatest scam in history John Lothian Newsletter,Newsletter

scam

First Read Hits & Takes JLN Staff Exchange clearing specialist and economist Thom Thompson has joined John Lothian News part-time as a contributing editor for the CryptoMarketsWiki.com project. Thomson has worked with the Chicago Board of Trade, BOTCC, Deutsche Boerse, Eurex, Eurex Clearing and the Swiss Exchange in a career that began at the CFTC as an industry economist. More recently, Thomson has worked with exchange startups Seed CX and Bcause. He can be contacted at thomthompson@johnlothian.com.~JJL If you wish to vote for whatever horse you have in the Intelligent Trading Technology Awards race, go here. ~SD Hanweck has been…

MIAX Challenges Nasdaq Options Patents; Crisis hedge funds’ lackluster performance Newsletter,Options

Observations & Insight With trade war, U.S. and China stumble into the Thucydides Trap John Kemp – Reuters The United States and China have fired the opening shots in a trade war that may be hard to stop. /jlne.ws/2GxA4tV ****SD: Regardless of the situation, whenever I see Thucydides mentioned I have to reread the Financial Times Alphaville article For the love of Zeus, stop misusing Thucydides from last summer for context. It’s well worth the more in depth history lesson/tuneup. Surprisingly, three of the four Trump officials referenced in the piece who are known for their Thucydides fandom are actually…

Bidding war erupts over Fidessa acquisition; Spotify debut; China retaliates John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Yesterday I |announced some promotions for John Lothian News staff members. Managing Editor Sarah Rudolph added the title head of editorial operations, and Spencer Doar was promoted to editor from associate editor. Jeff Bergstrom was given responsibility for cryptomarkets news, Mike Forrester was promoted to producer from video editor, and Jim Kharouf was named contributing global markets editor.~JJL While updating the titles for these JLN team members, we did a major overhaul of the MarketsWiki page for John J. Lothian & Company, Inc.~JJL Institutional Investor has published its annual Trading Tech 40 list…

NYSE in Talks to Buy Chicago Stock Exchange John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff For those of our readers who celebrate Easter, I hope this Easter holiday brings your family health, happiness, and lots of love.~JJL Easter is the only time when you can put all your eggs in one basket and get away with it.~JJL We included a link to a WSJ infographic earlier in the week titled “10 Years After the Crisis.” It contained info regarding what has changed in the time since the financial crisis. Apparently, since it was published, a senior WSJ editor tried to take it offline because it contained facts that…