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Tag Archives: SIX

SIX launches crypto platform; Trade war begins; Credit Suisse fined John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Darin Diller, a former futures operations industry veteran (J.P. Morgan, Geneva Trading USA, Newedge and First Capitol Group), passed away from natural causes as a result of advanced diabetes on July 1, 2018. He was 50.~JJL The latest Financial Data for FCMs report is out from the CFTC.~JJL At 12:16 AM I tweeted this story because I could not sleep: “Sleep deprivation is part of our productivity problem“~JJL The Boy Scouts of America closed the backcountry season for the Philmont Scout Reservation due to extreme wildfire conditions.~JJL I am signed up for a…

SIX Turns 10: SIX’s Urs Rüegsegger Says the Vertical Model and Interoperability Works Feature,MWEd,Video,video

Ten years ago, SIX Group was formed in a merger between SWX Group, Telekurs Group and SIS Group, creating a new vertical business model. Urs Rüegsegger, chairman of SIX Swiss Exchange, helped lead that transition and growth as CEO of the exchange for nine years before stepping down last December. JLN’s Jim Kharouf sat down with Rüegsegger at the WFE’s IOMA Conference in Chicago to talk about how SIX and its clearing business has grown over the past decade. SIX Group’s exchange, clearinghouse and other business lines, including credit card transaction processing, have grown steadily over the past decade. Its…

Regulators plan eleventh-hour change to Mifid share-trading rules; China to Give Foreigners Greater Access to Its Financial Sector John Lothian Newsletter,Newsletter

First Read LaSalle Street Trading Tech Awards Event Reaches New Heights By John J. Lothian The LaSalle Street Trading Tech Awards event was a success last night with over 130 people in attendance to see six scouts honored with the Harlan Ten Pas Award and seven firms honored for participating in the Trading Tech 300 program in the last year. It was a successful networking event as people mixed and share stories of Scouting and the industry and talked about how to move the Trading Tech 300 program to the next level. With interest in the program from outside the…

John Lothian Newsletter: Deutsche Boerse CEO Says Asian Expansion as Top Priority; Scoach joint venture to be terminated; LSE’s Orb shines as retail investors flock to bonds John Lothian Newsletter,Newsletter

The CEO of Deutsche Boerse starts an opportunity committee focused on ways to increase its presence in Asia. Swiss exchange operator SIX and Deutsche Boerse break off their joint operation of Frankfurt-based Scoach. The London Stock Exchange’s bond trading platform ORB does increasing business in an environment of hesitant business lending. In today’s First Read, follow the link to the final installment of JLN’s Restoring Customer Confidence series; and see who’s just signed on as a new John Lothian News sponsor.

John Lothian Newsletter: Banks Raise Fresh Challenges To Exchanges’ Legal Safeguards; Despite Gains, Many Flee Stock Market; Emkay Global’s Bad Orders Trigger Brief Halt On Nifty John Lothian Newsletter,Newsletter

Banks are calling out exchanges on legal protections that they say should be rewritten to more closely match the rules for other participants. The stock market may be rallying, but investors are pulling out large chunks of money and looking for other financial playgrounds. India’s NSE had its own “flash crash” today, as incorrect orders from a trader caused a brief two-digit drop in the value of the Nifty index. In today’s First Read, be sure to catch the final installment of the John Lothian Profiles series featuring Tom Cashman.