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Tag Archives: pimco

Traders Are Fleeing the Options Market; Wall Street frets as capital markets trading activity trails off; There’s a new front in the brutal battle between America’s stock exchanges John Lothian Newsletter,Newsletter

First Read Sad News The father of Doug Ashburn, our former colleague, passed away yesterday morning from a sudden heart attack. Doug is now at T3 Custom, a custom publishing firm. Any well wishes or condolences can be sent to him at dashburn@t3custom.com. ***** On behalf of the entire JLN team, our condolences to Doug and Nancy Ashburn and their families on the passing of Doug’s father. We will keep them in our thoughts and prayers as they deal with this sad time. ++++ Options Industry Conference Preview Part 1: Is Regulation Damaging the Options Space? JohnLothianNews.com The cost of…

UK court upholds ICE Trayport sale order; State Street to Start Voting Against Companies That Don’t Have Women Directors; AI technology to replace 90,000 buy-side jobs by 2025 John Lothian Newsletter,Newsletter

First Read Rosenthal Collins Group Appoints Matthew Straight CIO Press Release Rosenthal Collins Group LLC (RCG), a leading independent futures clearing firm, announced the appointment of Matthew Straight as its new Chief Information Officer and Executive Vice President. Straight joins RCG with 26 years of experience in technology leadership, engineering and financial services. /goo.gl/KxUjxm **JK: Congrats to Matthew and to RCG. ++++ Trade like a girl; Trading desks in the asset management industry are dominated by men, but this patriarchal trend is beginning to shift as women on the buy-side are uniting to encourage others to join the sector. Hayley…

John Lothian Newsletter: ITG Ousts CEO Gasser After Probe; China Dethroned as World’s Most Liquid Stock Market After Curbs; Pimco Gets Warning From SEC That Lawsuit Could Be Coming John Lothian Newsletter,Newsletter

First Read Bits & Pieces – Summer Intern Education Version By John J. Lothian Today is the kickoff (American football term) of the Summer Intern Education Series in Chicago, part of our MarketsWiki Education World of Opportunities theme. Perhaps this series was never needed more than today to help give a positive perspective on the financial markets and the opportunities in them considering today’s headlines. Today’s newsletter features a verdict in the Libor scandal and a banker finally going to jail. We have the last trial in the Madoff investigation, ITG ousting their CEO over a dark pool issue and…

JLN Managed Futures: Managed futures endure mixed first half of 2015; PIMCO Launches UCITS Version of Quant Managed Futures Fund; Cash holdings soar as managers run out of options Reply: johnlothian@johnlothian.com Managed Futures,Newsletter

Observations/Commentary Infographic: 7 Traditional vs 7 Alternative Assets in 5 Bear Markets Attain Capital Managed Futures Blog We tried our hardest to find an easy to read article (or graph) of the major asset classes and how they performed over the various crisis periods in the last 20 or so something, and couldn’t… so we decided to do it ourselves. jlne.ws/1NPHpyq ***DA: Read it and (don’t) weep. Alt Allocations — How High Should You Go? Financial Advisor How much should advisors allocate to alternative investments? More than they have now, according to panelists at the Inside Alternatives conference Monday in…

John Lothian Newsletter: Pope calls for cut in carbon emissions; Former AIG Chief Hank Greenberg Wins Moral Victory in Bailout Trial; Pimco Tells Regulators Runs on Mutual Funds a Nonexistent Risk John Lothian Newsletter,Newsletter

First Read Chicago Topples Lightning Amid Thunder, Floods and Tornado Warnings By John J. Lothian The Chicago Blackhawks beat the Tampa Bay Lightning for the Stanley Cup last night in a stormy night in Chicago. Tornado warnings hit the city late in the afternoon as people were headed home for the day. The basement of my house in Elmhurst flooded suddenly amid the drenching rains that hit the area. I did not get to watch the Blackhawks win the championship, as I was bailing out my basement. The 2015 MarketsWiki Education World of Opportunity Summer Intern Education Series will be…

John Lothian Newsletter: CME Group raises transaction fees again; Bull Market Hedging Was a Boon for Exchange Volume in 2014; BGC Urges GFI Shareholders to Spurn Competing CME Takeover Bid John Lothian Newsletter,Newsletter

First Read Missing From Most Pimco Stock Funds: Individual Stocks By Karen Damato – Wall Street Journal Pacific Investment Management Co., best known for its bond funds, runs $27.7 billion in stock mutual funds, according to researcher Morningstar. But the vast majority of those dollars aren’t invested in individual stocks. Instead, most of Pimco’s 18 stock funds get their stock exposure by buying derivatives linked to indexes. That ties up only a small portion of the funds’ assets—and the firm then aims to boost returns by investing the remaining dollars in a variety of bonds. jlne.ws/1xY4Rp6 ***** Why trade stocks…

John Lothian Newsletter: China May Allow Foreigners to Invest in Futures; Singapore’s Stock Exchange Looks to Make Trading More Attractive for Individuals; Pimco’s Seksaria Fired After CME Fine Tied to Trading John Lothian Newsletter,Newsletter

First Read NFA’s Chairman and Executive Committee respond to recent allegations of improprieties regarding the 2014 public director nominations National Futures Association Member Notice Dear Member of NFA, In January of each year, NFA’s Executive Committee makes recommendations to the Board of Directors regarding the election of public representatives at the February Board meeting. NFA Board member James Koutoulas has publicly accused the Executive Committee and others of improprieties in regard to the January 2014 Executive Committee meeting and the Board’s subsequent February 2014 election of public representatives. The Executive Committee has authorized me to assure you that these allegations…

JLN Managed Futures: Trend-following hedge funds’ future in doubt; CFTC Eases Hedge-Fund Advertising Ban; CTAs bounce back to post positive performance in August Managed Futures,Newsletter

Observations/Commentary Conference Season Open Jim Kharouf There are a couple of events coming to Chicago next week. CTA Expo will be held at the UBS Tower in Chicago on September 23. I will be there as well, on one panel titled “Public Relations And The Press….Building A Foundation For Effective Capital Raising” and another breakout session talking about the value of video in your marketing. Space is always limited, so sign up now. The keynote speaker this year is Leo Melamed, an always insightful and provocative orator. http://ctaexpo.com/chicago/ Secondly, is the National Introducing Broker Association (NIBA) Conference on September 22,…

JLN Financials: Italy’s Problem Is Europe’s Problem; Life after Pimco: how bond manager Seidner beat his old boss Gross; Banks Retreat From Market That Keeps Cash Flowing Financials,Newsletter

First Impressions The Euro: German or Italian? Today’s lead story sums up the age-old question – what is the euro and what does it stand for? Getting a solid answer is critical to determining the direction of the common currency. The Wall Street Journal’s Simon Nixon asks, “will the euro be a strong currency underpinned by credible rules and self-reliant states with any burden-sharing subject to strict conditions and pooling of sovereignty? Or will it be a weak currency, reliant on periodic episodes of devaluation and inflation to restore competitiveness and sustained by fiscal transfers whether introduced formally or by…