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Tag Archives: Thomson Reuters

JLN Profile: Ralf Roth – Market Structure Matters Feature,Mwiki,Video,video

Ralf Roth got his start in 1994 at Deutsche Bank as a junior fixed income analyst. Starting at the bottom and working his way up, Roth occupied various roles in equities and prime broking before eventually becoming the global head of equity product development. He then left to be the global head of Elektron for Thomson Reuters, followed by a stint at IHS Markit as chief technology officer for equities. He is currently CEO of Quantitative Brokers. In this John Lothian News Profile video, Roth touches on the transition to electronic trading in the late ’90s and how important micro…

JPM’s $65m ISDAFIX fine; EU HFT rules; Blockchain for margin and collateral? John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff The MontrÈal Exchange announced new futures on exchange-traded funds (ETF) and trust units are now available.~JJL The European Banking Authority released its 2017 annual report. A few of the key areas earmarked for extra focus in 2018 are: preparation for Basel III implementation, improving credit risk modelling, developing a common framework for non-performing loans, and third-country equivalence.~SD According to a recent study from FTSE Russell, “the green economy represents 6 percent of the market capitalization of global listed companies, approximately US$4 trillion.” That’s roughly the same as fossil fuels. ~SD Bank of Canada…

JLN Options: Volcker Rule Rewrite; Thomson Reuters moving FX derivs to Ireland Newsletter,Options

Lead Stories Volcker Rule Rewrite to Drop Trading Burden on Banks, Sources Say Jesse Hamilton and Benjamin Bain – Bloomberg Wall Street is poised to get a big reprieve from the Volcker Rule, as U.S. agencies prepare to scrap a restrictive presumption that most short-term trades violate the post-crisis regulation, three people with knowledge of the matter said. In a much-anticipated overhaul, the Federal Reserve and other regulators are planning to drop an assumption written into the original rule that positions held by banks for less than 60 days are speculative — and therefore banned, the people said. Instead, banks…

Cryptocoin Market Met Its Match?; Blackstone, Thomson Reuters Said to Weigh Tradeweb IPO, Sale John Lothian Newsletter,Newsletter

First Read More Questions Than Answers For A Potential CryptoMarketsWiki ICO John Lothian – JLN In the announcement of CryptoMarketsWiki last week, I mentioned that the project would explore the initial coin offering process from an editorial and strategic perspective. If our due diligence works out, we may go ahead and conduct an ICO and use the token in our business operations. But there are lots of questions to answer before we get there. In fact, there are lots of questions we don’t even know yet, let alone know the answers. However, if we are going to build the central…

MarketAxess sees record trading volumes in 2017; Facebook and regulators move to halt cryptocurrency scams; Blackstone bets big on Wall St. information business with Thomson Reuters deal John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff CQG’s Pat Kenny, The Most Interesting Man in the World, just became a little more interesting. He was named the new chairman of the board of directors of the Association of Futures Markets during its 21st Annual Conference organised in Bangkok.~JJL The latest edition of Inside Advantage, from Advantage Futures, is out with a Q&As with Don Wilson and Blair Hull.~JJL Nasdaq’s reported its Information Services and Data Products represented a combined 44 percent of net revenues in Q4. ~JK The WFE’s https://goo.gl/CTe53Y|FOCUS]] newsletter is out. FOCUS features the following exchange and CCP…

Thesys vs. Goliath: That’s One Big CAT Commentary,Feature,Fintech,Regulation & Enforcement

Small company wins big with opportunity to build the Consolidated Audit Trail covering U.S. equities and options. FINRA, FIS, Cinnober, Thomson Reuters – what do they have in common? They are just a few of the 30 bidders who lost out on developing the Consolidated Audit Trail (CAT) to Thesys Technologies LLC, a subsidiary of the proprietary trading firm Tradeworx, founded in 2009. To develop and implement the CAT, Thesys partnered with IBM (which was a bidder on its own, too), as well Rosenblatt Securities and law firm Latham & Watkins. “You had some big tech companies that really understand…

The Snowballing Power of the VIX, Wall Street’s Fear Index; Wall Street’s self-regulator allows safe havens for tainted brokers; Trump Team Proposes Broad Rethink of Financial Rulebook John Lothian Newsletter,Newsletter

First Read Line-up for MarketsWiki Education Series in NY and Chicago By John J. Lothian We have set the line-ups of speakers for the MarketsWiki Education series in New York and Chicago. Here is the list of the speakers and the days they will be presenting. On July 11 at Nasdaq’s Marketsite location we will have Gary Barnett (SEC), Larry Tabb (Tabb Group), Jennifer Nayar (Vela Trading Technologies), Thomas Ascher (formerly ISE), and Morgan Slade (Cloud Quant). On July 11 at the second session at Nasdaq, we have Gregg Doud (Commodity Markets Council), Henry Schwartz (Trade Alert), Joe Gits (Social…

John Lothian Newsletter: Swift CEO Expects More Hacking Surprises as Fix Is Years Away; Data Terminal anxiety as big banks cut costs; ICAP Lands Deal for Mainland China’s Yuan-Trading Platform John Lothian Newsletter,Newsletter

First Read Off to London and IDXBy John Lothian Doug Ashburn, Jim Kharouf and I and two interns are headed to IDX next week in London. We will be conducting video interviews from The Brewery and attending the conference there. Our schedules are filling quickly, but if you will be in London next week and would like to meet, please drop a line. My daughter Katherine and one of my Eagle Scouts, Tony Buscaglia, are the two interns. They are experienced travelers as both attended the World Scout Jamboree in Japan last summer. If you get a chance to say…

John Lothian Newsletter: Swift CEO Expects More Hacking Surprises as Fix Is Years Away; Data Terminal anxiety as big banks cut costs; ICAP Lands Deal for Mainland China’s Yuan-Trading Platform John Lothian Newsletter,Newsletter

First Read Off to London and IDXBy John Lothian Doug Ashburn, Jim Kharouf and I and two interns are headed to IDX next week in London. We will be conducting video interviews from The Brewery and attending the conference there. Our schedules are filling quickly, but if you will be in London next week and would like to meet, please drop a line. My daughter Katherine and one of my Eagle Scouts, Tony Buscaglia, are the two interns. They are experienced travelers as both attended the World Scout Jamboree in Japan last summer. If you get a chance to say…