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Tag Archives: SGX

Goldman and JPMorgan lead in equity derivatives; Harvest Vol Mangement profile; Spot Trading layoffs Newsletter,Options

Observations & Insight 30 Under 30 Finance: The Top Young Traders, Dealmakers And Big Money Innovators Antoine Gara, Lauren Gensler, Kristin Stoller and Nathan Vardi – Forbes The Wall Street landscape is becoming younger, digitized and more entrepreneurial. Technological and innovative forces are reshaping the world of money and they can be seen on this year’s Forbes 30 Under 30 Finance list. jlne.ws/2AG3pe9 +++++ Well You Did Ask… Highly Evolved Vol We recently moved into some new offices in a co-working space. I love it. It makes admin tasks so much easier. There is free coffee. The staff is friendly…

Trump to tap Powell for Fed; UK fintechs eating banks marketshare; Regulators warning about robots John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff Congratulations to CME Group employees who supported October Pink for a Purpose campaign. Their efforts brought in more than $50,000. When you include CME’s corporate donations, more than $175,000 will go to @BeBrightPink and more than $16,000 will go to @CR_UK for the early detection, prevention and research for breast and ovarian cancer.~JJL The Treasury released its report on year-end 2016 U.S. portfolio holdings of foreign securities.. The largest holdings of foreign securities by country were the Cayman Islands with $1.37 trillion, the United Kingdom with $1.20 trillion, Japan with $854 billion…

Looking for Continued Growth, SGX Goes West Asia/Pacific,Commentary,Exchanges, OTC & Clearing,Feature

Singapore Exchange has had a good stretch of late. The exchange’s fiscal first quarter results were reported on October 25, showing approximately $149 million in revenues, a 7 percent year-over-year increase, and net profits of $66 million, a 9 percent year-over-year rise. In a move to bolster such growth, SGX announced the opening of SGX America and a corresponding Chicago office on October 17. The opening represents the exchange’s first brick-and-mortar presence in the United States. The office may have started with just two people in a temporary workspace, but SGX CEO Loh Boon Chye sees the American branch as…

VIX ETP concerns; Correlation issues; Market catalysts Newsletter,Options

Observations & Insight The FT warns advertisers after discovering high levels of domain spoofing Jessica Davies – Digiday The Financial Times has investigated the scale of domain spoofing occurring against its site, and has been shocked by the results. The publisher has found display ads against inventory masquerading as FT.com on 10 separate ad exchanges and video ads on 15 exchanges, even though the FT doesn’t even sell video ads programmatically, with 300 accounts selling inventory purporting to be the FT’s. The scale of the fraud uncovered is vast — the equivalent of one month’s supply of bona fide FT.com…

Beware of an Eclipse Crash; London ‘hemorrhaging talent’; City brokers ramp up reg prep John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff We have added some color to MarketsWiki to highlight the original content of John Lothian News. This is part of an ongoing review of our sites relative to current best practices in website design,newsletter offerings and social media innovation.~JJL A recent innovation by the CFTC is publishing podcasts on their website hosted by CFTC market intelligence head Andy Busch. A recent one featuring an interview with CFTC Chairman Christopher Giancarlo received over 1000 downloads from over 25 countries. The latest podcast features an interview with Chief Investment Strategist Sam Stoval. All the…

These Intraday Stock Rotations Keep Crushing Volatility; JPMorgan quant drops the whole market with report comparing to 1987; Libor, Phone-Smashing and Hacking Newsletter,Options

Observations & Insight Financial Markets Leaders Remember the late Magnus Bocker John Lothian – JLN I asked several leaders around the exchange world to offer remembrances of Magnus Bocker, the late former CEO of SGX. To start, I shall offer my own and add additional remembrances as they come in. I first met Magnus Bocker at a Deutsche Bank investment banking financial technology conference in New York where I had been asked to moderate an exchange leader panel. Magnus was then president of Nasdaq OMX. Also on the panel was Larry Leibowitz representing NYSE Euronext. Magnus was always gracious with…

Financial Markets Leaders Remember the late Magnus Bocker Asia/Pacific,Blog,Commentary,EMEA,Exchanges, OTC & Clearing,Feature,Fintech,Mwiki

I asked several leaders around the exchange world to offer remembrances of Magnus Bocker, the late former CEO of SGX. To start, I shall offer my own and add additional remembrances as they come in. I first met Magnus Bocker at a Deutsche Bank investment banking financial technology conference in New York where I had been asked to moderate an exchange leader panel. Magnus was then president of Nasdaq OMX. Also on the panel was Larry Leibowitz representing NYSE Euronext. Magnus was always gracious with me. He was likable, always smiling, whip-smart and well-dressed. In fact one year at the…

U.S. Targets Bitcoin Exchange, Alleging It Facilitated Crime; The 2017 Tech 40; Libor: missin’ you already John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff It with great sadness we report the passing of former SGX CEO Magnus Bocker, who died of cancer in St. Louis, MO just before his 56th birthday. Magnus was a generous and well-liked member of the global derivatives industry and was a leader of OMX, Nasdaq and SGX. He will be missed. Condolences to his family, friends and former colleagues. John Lothian first met Magnus at a Deutsche Bank investment banking conference in New York when he was with Nasdaq OMX. ~JJL The Chief Scout of the Boy Scouts of America issued…

‘50 Cent’ trading mystery focuses on $20bn London fund; Traders Vote Macron as Le Pen Vows to Wipe the Smiles Off Their Faces; Trading volatility? Good luck catching that sharp knife Newsletter,Options

Observations & Insight 21 questions about 50 cent Joe Rennison and Christian Pfrang – Financial Times A corner of Wall Street has been gripped by the unknown identity of a trader that has been buying up Vix call options priced at 50 cents each, swelling to account for nearly 10 per cent of the listed market. The FT has now reported that bankers with knowledge of the trades say the so-called “50 Cent” – a reference to the American rapper known for his breakthrough album Get Rich or Die Tryin’ – is the well-heeled, London fund called Ruffer, which even…