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Tag Archives: swaps

SEC Names Valerie A. Szczepanik Senior Advisor for Digital Assets and Innovation John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Mark Ibbotson is up to 53% of his goal of £14,000 for the kilt challenge. You are doing good, keep it up.~JJL Yesterday, Trading Technologies welcomed 10 summer interns from @Illinois_Alma @CarnegieMellon @tayloru @UMich @NorthwesternU @UofA and @miamiuniversity who will be working across eight teams in their Chicago office. Sign them up for MarketsWiki Education World of Opportunity today. ~JJL Fifty years ago, Robert Kennedy was killed in California. He was someone I came to greatly respect for the way he continued to learn and grow during his lifetime. He is one of…

CME Adds to Interest Rate Arsenal with Eris Licensing Deal Commentary,Exchanges, OTC & Clearing,Feature,Investing & Trading,Mwiki

The CME Group just moved even closer to its goal of becoming a one-stop shop for all things related to interest rates. CME and Eris Exchange entered into an exclusive licensing agreement Thursday allowing CME to list Eris’s USD Interest Rate Swap Futures. Eris still retains the intellectual property underlying the contract. “This news for us is a really big deal for the adoption of the Eris product globally,” said Eris Exchange CEO Neal Brady. “It just clears away a whole host of obstacles in people further adopting the product.”   But more than just removing obstacles for Eris, the…

Swaps Rules Due for Overhaul – CFTC; Ex-UBS Trader Beats Spoofing Charge John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Andreas Preuss and Jeffrey Tessler have been replaced on the Deutsche Boerse AG Executive Board. Thomas Book, Christoph Bohm and Stephan Leithner have been appointed to the board.~JJL Yesterday’s Fintech Exchange, hosted by Barchart, kicked off with with the Startup Exchange Competition – 16 start-ups introducing their innovative companies. PanXchange won the competition, for its technology and approach to raw commodities. The company listed frac sand in October 2017. Second went to Coinifide, a start-up that is building a trading education and trading platform for cryptocurrency markets. Third place went to Freight Exchange,…

Cross-Border Concerns – Jonathan Jachym, LSEG Feature,MWEd,Video,video

When Jonathan Jachym started at the London Stock Exchange Group stateside about three years ago, there were some 250 employees, most based in new York. Now, the group’s head of North American regulatory strategy and government relations has some 700 U.S.-based coworkers in six different locations. The personnel growth was matched in 2017 with revenue up across all core businesses, with its FTSE Russell and LCH arms doing particularly well. In this video from JLN’s annual series with industry leaders, Jachym talks about compression becoming a natural part of a swap’s trading life cycle, how the group benefits from passive…

ICO regulation inconsistent as cryptocurrency bubble fears grow; CFTC Chief Works to Tweak, Not Decimate, Obama-Era Rules John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff To those who celebrated Thanksgiving yesterday, get outside and stretch your legs today, the deals for Black Friday can wait. ~JJL Chuck Mackie of Maven Wave has recapped the CME Group‘s GFLC in a blog post. ~JJL On Tuesday, November 28, the OCC’s Caroline Gillard is moderating a luncheon sponsored by FCS Chicago focusing on marketing to women. The lunch panel includes Jessica Titlebaum Darmoni, Jennifer Bennethum Burns and Allison Engel, and is the organization’s final luncheon topic for 2017. This will be the first time the FCS has hosted one of…

SEC to give MiFID reprieve; Big exchanges ask SEC to hold off on fee cap plan; Capital rules and clearing risks John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff FIA EXPO is opening in Chicago today after some opening parties last night. We look forward to a great week of conducting interviews in the Cinnober booth on the EXPO exhibit hall, attending the sessions and seeing too many readers and industry friends to be counted. Feel free to stop us and say hello if you see any of the JLN team.~JJL One year ago the Dow sat at 18,086. Yesterday, the index touched the 23,000 mark for the first time. Give it another 13,000 points and Kevin Hassett and James Glassman…

Bill Gross of Janus blames Fed for ‘fake markets’; Speed Traders Race for Autism Research John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff The Financial Times has a special section today, which we have highlighted below Exchange News, titled “Exchanges, Trading and Clearing.” The subheadline is “In this edition: experts are unsure how changes to EU rules governing financial services will work; London’s role as global hub faces Brexit threat; algorithms take grip in US commodities trading.”~JJL |T4Youth, Chicago’s charity ping pong tournament for the tech and finance communities, is back for its fourth year! Join us at SPiN Chicago on November 15 to compete with industry peers such as DRW, Citadel, Belvedere Trading, Trading…

Day Trading the VIX; The Exec Securing Money With Blockchain; LME considers starting lithium contract John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff ICE has committed more than $1 million to relief from Hurricane Harvey. You can donate through them too.~JJL CME Group will hold a Tech Talk 6.0 event on September 14 in Chicago at the Museum of Broadcast History. Topics to be addressed include Trending FinTech, Alternative Data, Innovation in the Cloud and Analytics: From Sports to Finance.~JJL Keith Fishe of TradeForecaster Global Markets offered some feedback from his daughter about this summer’s MarketsWiki Education World of Opportunity series in Chicago. Thanks Keith!~JJL Yesterday we added pages for Thomas Laux, Manfred Matusza, Gregor…

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…