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Tag Archives: NYSE

What’s the Biggest Trade on the New York Stock Exchange? The Last One John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff CFTC Chairman Chris Giancarlo opened his speech to the FIA International Conference in Boca Raton by honoring Leo Melamed and his contributions to the industry upon which all market participants benefit. Leo is the giant “upon whose shoulders we all stand,” Giancarlo said, noting Leo had announced his retirement from the CME Group’s board. It was a classy display from the popular CFTC Chairman. Kudos Mr. Chairman!~JJL During the lunch at the FIA Conference, before the presentation by the journalist and author Walter Isaacson, a tribute video was shown honoring Mike Dawley, who…

Deutsche Boerse ends Asia expansion plans; NYSE, Nasdaq Fighting to Keep Grip on Market Close; Hodgkinson leaving Euronext John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff John Lothian News will be bringing our video team to Boca for the FIA International Conference in March. We will again be shooting our exchange and industry leader video series. If you have some suggestions for topical subjects or persons to interview, email me.~JJL Yesterday we issued a Special Report for the Trading Technologies and GDAX/Coinbase news and Jim Kharouf shot a short video to introduce the story he wrote. I did a short Twitter live piece as an experiment to promote the Special Report. It went fine, except my tie was not…

Bitcoin and the Value of Financial Freedom; Atlanta’s Intercontinental Exchange seeks to trade bitcoin funds on NYSE John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Women in Listed Derivatives, an organization that promotes career advancement and professional relationship-building among women in the OTC & Listed Derivatives Industry, announced its North American board of directors for 2018. The five open board seats will be filled by: Katie Cleland, Elizabeth Cook, Caroline Gillard, Ellen Greene, and Leslie Sutphen. You can find the announcement HERE.~SR ADMIS is heading to the beach for their annual Introducing Broker conference. This year’s event was held in Clearwater Beach, FL.~JJL CQG hosting a Live Ask Me Anything Event today at 2:30 CT.~JJL Yesterday’s JLN Options…

CME fee rises vex trading industry; Decline of OTC derivatives trading; VIX research Newsletter,Options

Observations & Insight Cboe chief on Jamie Dimon: He’s welcome to try shorting bitcoin Jeff Cox – CNBC If JPMorgan Chase CEO Jamie Dimon wants to bet against bitcoin, the head of Cboe Global Markets is only too happy to give him the venue to place his wager. jlne.ws/2BLJ3l7 ****SD: Jamie Dimon probably regrets expressing an opinion on BTC. He thought he’d throw a punch, not realizing he’d become the bag. +++++ Cboe Throws Launch Date Punch at Crosstown Rival CME Spencer Doar – JLN Aren’t people supposed be getting into holiday mode? Isn’t December supposed to be slow, with…

‘We may be stupid’ for waiting on bitcoin futures, NYSE owner says; New York Stock Exchange owner ICE holds back on crypto-futures; CME fee rises vex struggling high-speed trading industry John Lothian Newsletter,Newsletter

First Read Hits & Takes Tom Farley is just having too much fun as CEO of NYSE. He is making the most of the NYSE media platform. Yesterday he was hanging out with George Springer of the Houston Astros, the World Series MVP, on the floor of the NYSE with the World Series trophy.~JJL Net Neutrality Update: This all happened around Thanksgiving, but it is worth sharing that Comcast, which had promised not to block, throttle, or discriminate against lawful content, deleted that pledge the same day the FCC announced it would repeal net neutrality. A tweet @loresjoberg posted regarding…

US brokers secure SEC relief to comply with Mifid research rules; Startup Exchange Cleared to Take on NYSE, Nasdaq for Stock Listings John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Cinnober has introduced subsidiary Minium to provide real-time post-trade technology and services to international investment banks. ~JJL FIA Global’s Simon Puleston Jones addressed the House of Lords EU Financial Affairs Sub-Committee on the potential impacts of Brexit on the cleared derivatives industry. ~JJL Apologies – there was a problem with the link in yesterday’s Hits & Takes to the commentary by Jim Greco of TradingPlaces about Virtu and Bondpoint. Here is a new link, which has been double-tested for connectivity. Also, we have created a page for BondPoint on MarketsWiki. ~SR NFA:…

Cohn Says Clearinghouses Could Create New Systemic Problem; EU and US agree to accept each other’s derivatives rules John Lothian Newsletter,Newsletter

First Read Hits & Takes Jenny Knott stepped down as CEO of NEX Optimisation. FIA is hiring two people for its communications department: a director of communications working with senior management to develop, implement and coordinate our overall press and public relations strategy and thought leadership; and a director of editorial services managing member and industry communications, the production of editorial content and the delivery of that content to multiple audiences across multiple channels. More information is available HERE.~JJL Registration is now open for CMC’s annual State of the Industry Conference in Miami Beach — January 28-30, 2018~JJL Asia Pacific…

Credit derivatives market woes deepen after ICE exit; Central bankers face a crisis of confidence… John Lothian Newsletter,Newsletter

First Read We All Love Data: Barchart’s Latest Move Continues The Trend Of Firms Pushing Further Into The Data Space Jim Kharouf, JLN It’s all in the data. Yesterday’s announcement from Barchart about its new commodities data offering, called cmdty, is part of the drumbeat of new products and services that are designed to bring something new to the market participants they serve. jlne.ws/2yhzdYS ++++ Hits & Takes By JLN Staff The Boy Scouts of America announced yesterday they are opening the doors to girls to join Cub Scouts starting next year and older girls to join Boy Scouts in…

Global debt understated by $13 trillion – BIS; Exchanges concerned about CAT hacking risk John Lothian Newsletter,Newsletter

First Read Hits & Takes Leslie Rosenthal, former CBOT Chairman and co-founder of RCG, has passed away. Details are below. Our condolences to the family, friends and associates of this great man on his passing. ~JJL If you would care to share a reflection on Les Rosenthal’s life and contributions to the futures industry, please email me at mailto:johnlothian@johnlothian.com.~JJL Reflections on the life of Robert Wilmouth can be found HERE. We still welcome contributions of reflections for Mr. Wilmouth as well.~JJL Over the last three weeks, the September-December E-mini Russell 2000 calendar spread traded 1 million times. Current open interest…