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Tag Archives: Russell Investments

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…

CFTC Reproposes Position Limits, Adopts Aggregation Regulations; Some Thoughts by OCC on Risk Management; VIX Falls 14% But Futures Signal Market Turbulence in 2017 Newsletter,Options

Observations & Insight Challenging the Status Quo: Cinnober Aims To Break Into The Back Office Clearing Space Jim Kharouf – JLN There was a time when many thought there wasn’t really much of a market for full clearinghouse solutions with real time clearing and risk management. But in 2007 and 2008, Cinnober successfully pushed into the space and carved out a nice niche for itself, especially as the global financial crisis illustrated the intense need for such solutions. Now, the company is pushing into the established space of back office clearing for clearing member banks and brokers. That space is…

Nobel Laureate – Buffett’s WMDs Help Society; How air pollution on Wall Street might actually be bringing down the stock market; Commodity traders must go digital or face extinction – report Newsletter,Options

Observations & Insight Bits & Pieces JLN Staff The CME reported third quarter earnings this morning and a couple of items were worth noting. CME is making progress in its ongoing efforts to attract Asian customers. CME CEO Phupinder Gill told analysts that the region has been a strong contributor to CME’s metals and energy product groups. Volume in its natural gas options out of Asia rose 104 percent, and in metals, volumes from the region were up 44 percent. The other item worth mentioning is that the daily options volumes on CME’s Globex platform hit an all-time high in…

John Lothian Newsletter: Deaths Draw Attention to Wall Street’s Grueling Pace; Global regulators finalize new capital rule for big insurers; SGX launches index services in Asia John Lothian Newsletter,Newsletter

First Read Derek Sammann, CME Group – The Importance of Electronification and Globalization JohnLothianNews.com “The amount of structural change — driven by market regulations, the implosion of the credit markets, events in Greece, the hangover from 2008/2009 — has created an incredible amount of change that’s wrenching the infrastructure from the moorings of the last four years.” A booming voice, large stature (did you play college football?), the ability to do math quickly since markets were made in minds — these were qualities Derek Sammann of CME Group recalls firms looking for when he became a trader in 1990. After…

John Lothian Newsletter: Eurex Technical Glitch Delays Trading in Futures, Options; CITIC in the lead to buy Russell Investments; Barclays plans to cut more than 30,000 jobs John Lothian Newsletter,Newsletter

First Read Bits & Pieces Doug Ashburn – JLN John is out of the office this week on a mission to provide fresh food for every mosquito north of Chicago. He is also camping and canoeing with a group of Boy Scouts. After a successful first foray into New York, MarketsWiki Education plays a home series in Chicago August 4th, 5th and 7th. This will be our third annual World of Opportunity Summer Intern Education series. The first two events will be held at IIT’s downtown campus and the final event will be held at TT’s Tech Tap. We added…

Get Smart: LSE Looking To Smart Beta Blog,Financials

The word “smart” has been drilled into the marketing lexicon for so long it is sometimes hard to tell what is and isn’t actually, well, smart. Smart phones, smart cars, smart watches and even a smarter planet. The investment world has seen its own branding with so-called smart beta, which was examined in depth by FTSE Russell in May, the first time the LSE’s FTSE index division put its names together with Frank Russell since the exchange purchased the US index and asset manager last year. Five years ago, LSE bought out Pearson’s share of FTSE to gain full control…

John Lothian Newsletter: John Lothian: Nostalgia, but little outcry, over CME decision to close futures pits; LSE to sell Russell asset management unit; Gooch Hustles for Other GFI Bids as Lutnick’s Takeover Loom John Lothian Newsletter,Newsletter

First Read George Martin, Cheevers & Co. – Keeping The Human Element JohnLothianNews.com “The human element is critical. There’s so much power in a handshake or a face-to-face meeting.” George Martin, trade support specialist at Cheevers & Co., discusses the importance of human interaction in the financial industry. Despite the fact that technology has moved a majority of trading activity from open outcry pits to digital screens, Martin stresses how human interaction is still a key element in the industry. He also gives a brief background of his own trading career, and recalls the state of the financial industry before…

John Lothian Newsletter: CFTC’s Giancarlo Calls U.S. Swap Rules ‘Fundamentally Flawed’; Epic Battle for Control of GFI Comes to a Head Thursday at Midnight; LSE to put Russell Investments up for sale for 923 million pounds John Lothian Newsletter,Newsletter

First Read Focused: What The Industry Knows About Transparency JohnLothianNews.com Back in November, the industry gathered for the annual FIA Expo event in Chicago. There, John Lothian News used an exhibitor booth (Thanks Cinnober!) as its studio to ask industry participants key questions about transparency issues in today’s markets. Where do we need to improve transparency in the markets today? What is the solution to achieve that? How will futures and options markets look in the future, in terms of transparency? The final product is these three short videos featuring 15 participants from across the industry – trading platforms, FinTech…

Top 25 Most Read Stories from the John Lothian Newsletter (January 27-31) Blog

Here is a list of the most read stories from the this week’s editions of the John Lothian Newsletter: ICE CEO Sprecher wants regulators to look at ‘maker-taker’ tradingReutershttp://jlne.ws/1aCdZov Voice of Experience: Kim Taylor, President, CME ClearingThe Glasshammerhttp://jlne.ws/1idmF4e US traders resist Nasdaq’s Treasury pushFinancial Timeshttp://jlne.ws/Mfamcq A Suspect Emerges in Stock-Trade Hiccups: Regulation NMSThe Wall Street Journalhttp://jlne.ws/1hIndOT Nasdaq’s plan for cutting prices infuriates rivalsReutershttp://jlne.ws/Mfamck Trading Technologies’ University Program Now Active in More Than 50 SchoolsPress Releasehttp://jlne.ws/MfalW2 R.J. O’Brien Appoints Kevin Hall Managing Director, Sales and Head of New York OfficePress Releasehttp://jlne.ws/1dIswJv Michelle Smith, working behind the scenes to shape the Fed’s…