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Tag Archives: Overstock.com

America’s economic selling points at risk; Investors’ fossil-fuel cut commitments; Bitcoin futures broking John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff The CFTC’s Technology Advisory Committee will meet in Washington, DC on January 23, 2017. As a TAC member, I will be in attendance.~JJL Asia Pacific Financial News from John Lothian News – December 12, 2017~JJL Interest in volatility products is not limited to the Cboe – Eurex will end 2017 with record trading volumes in its VSTOXX futures and options.  Options ADV has roughly doubled and daily futures trading is up some 37 percent.~SD The @JohnLothian twitter account yesterday tweeted 139 times and had 50,707 original impressions.~JJL CME Group has already raised…

Are we seeing the end of Wall Street and the beginning of a new one? Blog,Feature,Mwiki

Silicon Valley icon, investor and entrepreneur Vinod Khosla told an audience last week at the Commonwealth Club of California that technological disruption is coming to most of the top industries in the United States. And while he didn’t mention Wall Street, he could have. “Citibank won’t solve financial inclusion, Square will if anybody does it,” he said. “Volkswagen and GM won’t solve transportation. Whether it’s Waymo or somebody else who does it, it will be a technology driven, non-institutional, ‘let’s break the rules,’ radical kind of approach. This non-institutional way of doing things, though less predictable, is much more fun…

Round One: How Overstock.com and tzero aim to knock out Wall Street Blog,Feature

Tzero using blockchain to trade and settle securities, cutting out the need for stock exchanges and clearinghouses There are fintech disruptors and pioneers and then there are those who want to knock Wall Street off its feet. T0.com,or tzero, is looking to change the way stocks are bought and sold with a vision that changes how markets operate. Joe Cammarata, president of tzero, is no stranger to disruptive technologies on Wall Street. He’s made a living off it. From his involvement in building the first off-exchange equity network, Island ECN for Datek Securities, to the first smart order routing systems…

John Lothian Newsletter: Discount Retailer Overstock Has New Target: Upending Wall Street; Goldman Sachs throws support behind IEX exchange application; European Dark Pools Expand in Face of Rules Limiting Their Use John Lothian Newsletter,Newsletter

First Read Chicago Board Options Exchange: Back to the Futures Spencer Doar – JLN Yesterday was the CBOE‘s annual press luncheon — a chance to hear from the horse’s mouth what has been going on in the stable. The key takeaway from CEO Edward Tilly and President/COO Edward Provost was the development of their next generation trade engine, CBOE Vector. Vector has been in the works for two years and and is ready to be rolled out, beginning in Q3 of 2016 for products listed on the CBOE Futures Exchange (CFE). The current system, CBOEdirect, traces its roots back to…