Breaking News

Tag Archives: tax

Bitcoin Hurdles; The 871(m) Tax Problem; Quarterly and Monthly Volumes Newsletter,Options

Observations & Insight OCC Cleared Contract Volume Up 20 Percent in October OCC OCC, the world’s largest equity derivatives clearing organization, announced today that cleared contract volume in October was 381,467,272 contracts, a 20 percent increase from October 2016 monthly volume of 318,439,491 contracts. Average daily volume at OCC is up four percent year-to-date in 2017 with 17,070,435 contracts. OCC’s stock loan program reported that securities lending activity was up 30 percent in October and 21 percent year-to-date. jlne.ws/2A7Kjhy ++++++ Are you on the right side of Bitcoin history? By John Lothian of JLN Shortly after JLN was published yesterday…

Letter to John Lothian from Harlan Ten Pas Blog

Dear John, Clients, Colleagues and Friends,  As some of you know, my life changed in an instant last fall when I suffered a stroke (while I was preparing for my usual September Saturday morning of picking up Dunkin Donuts and heading to the office.)  Over the weeks and months, I have been steadily recovering while engaged in a rehabilitation program through RIC.  I am in therapy 21 hours per week, plus homework.  Actually, I am counting this email as 3 hours of speech therapy.  Throughout the process, I have been blessed by the outpouring of support and prayers from my…

JLN Options: White House Derivatives Tax Proposal Puts Wall Street in the Crosshairs Newsletter,Options

Commentary & Insight World Federation of Exchanges CEO Huseyin Erkan Shares His Perspective on the Global Economy MarketsWiki.tv Huseyin Erkan is CEO of the World Federation of Exchanges (WFE) and was formerly Chairman and CEO of the Istanbul Stock Exchange (ISE) from 2007 to 2012. Before becoming CEO of WFE, he was a member of the WFE’s Board of Directors from 2008 to 2011. Erkan spoke with JLN Editor-in-Chief Jim Kharouf about the WFE’s current restructuring process, what the end of regulatory reform means for exchanges, potential drivers for growth in 2013, and what impact the global economy will have…

Run Terry, But Don’t Go Far Commentary

John Lothian

Friday midday a story popped up in my email box with a “Terry Duffy” key word alert from Google. The story from Fox News Chicago, which identified Duffy as CME Group CEO, said Duffy was threatening to move the CME Group out of Chicago and Illinois because CME was a public company and the state of Illinois had just raised corporate taxes. No one asked him if he wanted his taxes raised, he said. Liking to stir the pot when I see a good chance, I tweeted the story and asked “what happened to Chicago as Risk Management Capitol?” It did not…