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Tag Archives: S&P

Index Providers Rule the World; Unknown traders gain influence in commodities; Beijing is Making Its Most Serious Effort Yet to Tackle Its Financial-System Issues John Lothian Newsletter,Newsletter

First Read Hits & Takes The Canadian Annual Derivatives Conference is November 27-29 in Quebec City. Blythe Masters will be a keynote speaker.~JJL Seismic Foundry website is now live.~JJL OPEC’s next meeting is this Thursday. Bantix Technologies, the provider of the Quikstrike options analytics suite, has a blog laying out everything you need to know about the upcoming meeting.~SD Ever wonder when charts became such a standard part of news presentation? Priceonomics has a blog covering the origins of charts and graphs. Scottish political economist William Playfair is credited with creating the modern statistical chart in the late 1700s.~SD Nasdaq…

Indexers Push Back Against Wall Street; Virtu Is Said to Explore Sale of Fixed Income Unit BondPoint; Fledgling quant funds seek to disrupt Wall Street John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff John Lothian News and John Lothian Productions are teaming up for a value-laden offer to become a sponsor of MarketsWiki at the Friend level. A Friend Level sponsorship is normally $2000 and a 2-3 minute production video can cost from $2000 to $3500, depending on the inputs. For $3000 we will give you both a Friend Level sponsorship of MarketsWiki with 25 pages with your logo and banners on them and a 2 to 3 minute production video. If you are interested, please contact John Lothian.~JJL Do you like table tennis? Ping…

Unhedged traders get hit by $30 billion bank bloodbath following earnings; JPMorgan Warns S&P Faces Large “Negative Gamma”; Scott Nations: Options are very ‘cheap right now for a reason’ Newsletter,Options

Lead Stories Unhedged traders get hit by $30 billion bank bloodbath following earnings Joe Ciolli – Business Insider It’s good to invest with conviction. Just not too much conviction. That lesson rang true Friday, as overconfident traders found themselves on the wrong side of a massive bank sell-off, which at its worst erased more than $30 billion in market value. The weakness was spurred by earnings reports from three of Wall Street’s biggest banks: JPMorgan, Wells Fargo, and Citigroup. Despite sales and profit results that largely met analyst expectations, the three firms slipped more than 1%, dragging broader financial indexes…

The Dispersion Trade; Kolanovic Sees Higher Risk Potential In 2017, Volatility Not Properly Priced; A Trader’s Guide to Donuts, Wheat and Algorithms … Newsletter,Options

Observations & Insight JLN Options To Have Guest Editor: The Schwartz Will Be With Us As much as I’m sure you all love the JLN team’s snark and irreverence, sometimes we shake things up. As such, next week we will have a guest editor: Trade Alert’s Henry Schwartz. Schwartz will provide his insight and commentary for JLN Options. Enjoy the different spin next week! ++++ Jim Kharouf Named New CEO of John J. Lothian & Company, Inc.; John Lothian Moves to Executive Chairman; Kharouf Gets Equity Stake In Firm James Kharouf has been named CEO of John J. Lothian &…

Hedge funds closures set for worst year since 2008; S&P 500 Rockets Higher During One-Minute Futures Volume Frenzy; Deutsche Bank Records Said to Show Silver Rigging at Other Banks John Lothian Newsletter,Newsletter

First Read Jim Kharouf Named New CEO of John J. Lothian & Company, Inc. John Lothian Moves to Executive Chairman; Kharouf Gets Equity Stake In Firm James Kharouf has been named CEO of John J. Lothian & Company, Inc., replacing company founder John Lothian. Lothian moves to the role of executive chairman of the financial markets- focused media company. Kharouf, 50, has served as editor-in-chief of John Lothian News since 2007 and president of JLN since 2010. He will assume the role of CEO on January 9, 2017. A Milwaukee native, Kharouf is a graduate of Marquette University with a…

Options Trader Nabs ‘Lottery Ticket’ With Explosive Upside; Options trading jangles S&P 500 investors nerves; It’s Scary Out There! VIX Surges For Seventh Straight Day Newsletter,Options

Observations & Insight Cubs Win World Series By John J. Lothian The Chicago Cubs won the World Series. It is a big deal in Chicago and the U.S. For the rest of the world, maybe not so much. I returned home last night from the UK about the 7th inning, just in time to see the Cubs blow a 3-run lead and have the game go into extra innings. It was a terrific game with incredible drama, but I missed the early innings while on a flight from London to Chicago. The Cubs won 3 games in row, something they…

Better Volatility: Scott Nations and ISE Look to Launch a Better Volatility Contract Interview,Video

There is a regular drum beat in the financial services arena about a “new asset class” or the “next asset class”, many of which really aren’t actually new. In recent years, volatility has checked most, if not all, of the boxes for a new asset class. The space has been dominated by the CBOE Volatility Index, better known as the VIX or “fear gauge.” But now a new volatility instrument has emerged, the VolDex, which teams Chicago-based options index firm NationsShares with the International Securities Exchange (ISE). Scott Nations, president and CIO of NationsShares, says his VolDex index, on which…

Jamie Farmer, Managing Director, S&P Dow Jones Indices – Indexing 101 Tech / HFT,Video

“This is a big industry…but it’s very tight, very interconnected, very close. It’s unbelievable how many people you come in contact with again.” Jamie Farmer, managing director of S&P Dow Jones Indices, gives a rundown on indices, beginning with the history of indexing and the creation of the Dow Jones industrial average. According to Farmer, the original purpose of indexing was for editorial value. Eventually, it expanded and evolved into what we know as the Dow Jones S&P Indices. Farmer also covers trends along with the growth and expansion of the financial industry. He concludes by discussing the importance of…

Indexing Israel: Steven Schoenfeld Talks About His Next Index Venture Financials,Interview,Tech / HFT,Video

Steven Schoenfeld

Steven Schoenfeld knows a thing or two about stock indexes as the chief investment officer of BlueStar Indexes and author of the book Active Index Investing. He spoke with John Lothian News editor-in-chief Jim Kharouf  about his latest indexes based on Israeli companies and another on Israeli tech stocks. The first is called the BlueStar Israel Invest (BIGI), which is a comprehensive index on the top Israeli companies that are traded around the world. The index was originally launched in 2011 to help investors understand the breadth and depth of firms based in Israel, but may be traded on top…