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Tag Archives: Thomson Reuters

FinTech Chicago Gets Democratic Blog,Tech / HFT,Video

Today’s financial technology dialog is often about a word you don’t usually associate with it – democracy – bringing software, data, reporting, testing and trading to the masses. And it’s not just one size for everyone – its customizable too. At the FinTech Exchange 2015 Chicago event, 13 firm executives spoke during its lightning round and one prevailing theme was the shift in technology from “tools you can use” to “tools that help you design what you want.” Drew Shields, director of product management at Trading Technologies, said that his firm is more focused on using a variety of technology…

SEFCON Snapshot 2014, Part III: The New Market Structure Interview,Video

The WMBA Americas hosted SEFCON V on November 12, 2014, and John Lothian News was there. We interviewed 14 SEF operators, regulators and participants and put together this three part series on the state of SEFs one year into the mandate. Part III looks at the new market structure brought about by the creation of SEFs and the regulations that guide them. While many of the pieces are now in place, this structure is still taking shape, and in some cases, the rules have led to uncertainty and unintended consequences in the market structure. View Part I: Technology and Innovation View…

John Lothian Newsletter: SEC Is Probing Dealings by Banks and Companies in Loan Securities; NASDAQ OMX Announces Formation of Global Market Services Business; Thomson Reuters tightens forex trading platform rules John Lothian Newsletter,Newsletter

First Read Bits and Pieces By John J. Lothian For the 11th consecutive year, the CME Group held its annual Trading Challenge for college and graduate students. This year there were more than 1500 students from 31 countries trade CME Group products across various asset classes on a real-time professional platform. Meet the Winners: jlne.ws/1jBcQgi The top performing students are eligible to win cash and “exclusive CME Group experiences.” I am not sure what the latter means, but understand it does NOT mean having to wash and wax anyone’s Bentley. According to the CME Group, “this competition is an annual…

JLN Options: TOM, BinckBank Infringe Euronext Trademark Rights, Court Says Newsletter,Options

Invest in our Industry’s FutureSign up your Interns and Summer Workers Today for our Education Series I want you to make an investment in the future of our industry, our markets and our common good.  I want you to sign up your interns, your summer workers and even newer employees for our Chicago-based Intern Education Series. We have put together an impressive list of industry leaders, innovators, entrepreneurs, attorneys, technologists, investors, traders and other industry participants for this series. Your interns and the like should be part of the audience for this program.  I believe this will be an investment…

JLN Options: Thomson Reuters to buy FX option business from Tradeweb Newsletter,Options

Commentary & Insight John Lothian Announces Summer Intern Industry-wide Education Program in ChicagoJohn Lothian – JLNJohn J. Lothian & Company, Inc. is pleased to announce today the creation of a Chicago-based industry-wide summer intern education series to introduce the history, innovation, key leaders and future opportunities to participating interns, summer workers, new employees and those interested in careers in the trading and markets.  The series, which kicks off on July 16,  features presentations from a select group of industry leaders, innovators, entrepreneurs, attorneys, technologists, investors, traders and other industry participants.Click here for more information and/or to purchase tickets. Lead Stories…

John Lothian Newsletter: EU states to get go-ahead for tax on trading; Thomson Reuters At Center Of High-Speed Trading Squabble; SEC Reins In Ratings Firm John Lothian Newsletter,Newsletter

EU states get an all-clear to begin creating new financial transaction-based taxes; howls and applause are expected from the usual corners of the room. Thomson Reuters finds a hard place next to the rock in the high-frequency trading realm as an escalating dispute cuts off the company from a significant source of quote data. The SEC gives a sharp smack to ratings firm Egan-Jones, who goes to the penalty box for inventing work history.

John Lothian Newsletter: CFTC temporarily narrowing US persons definition for swaps; EU Deal Reached on Bank Supervisor; Thomson Reuters seeks to run new Libor John Lothian Newsletter,Newsletter

The CFTC agrees to back away from setting global swap rules, and will (so far) temporarily redefine new regulations to target US participants. After months of noise and other things commonly associated with elephants, the EU arrives at an agreementto consolidate eurozone banking control (mostly) under a single supervisor. Thomson Reuters joins the LIBOR Derby with a bid to take over administration of setting the international lending rate. In First Read today, check out the new interview with CME Group’s Sean Tully, who talks with JLN’s Doug Ashburn about the company’s new interest rate swap futures contract.

JLN Options: Brodsky to step down as CEO of CBOE; Ed Tilly named next CEO Newsletter,Options

Lead Stories Brodsky to step down as CEO of CBOE; Ed Tilly named next CEOPress ReleaseCBOE Holdings (NASDAQ: CBOE) today announced that William J. Brodsky, Chairman and CEO, has advised the Board that he will step down as CEO effective following the 2013 Annual Meeting in May 2013. Following the annual meeting, it is anticipated that he will assume the role of Executive Chairman of the Board.http://jlne.ws/W67huS**  Brodsky’s been at the helm of the CBOE for 16 years.  All of a sudden I feel old as it doesn’t seem like that long. –JB Brodsky to step down as CEO at…

John Lothian Newsletter: CBOE Holdings Announces Leadership Changes; Nasdaq closes in on Thomson Reuters unit; LCH.Clearnet Plans Clearing Tie-Up With Aussie Banks John Lothian Newsletter,Newsletter

CBOE Holdings announces that William Brodsky will step down as CEO after the company’s May 2013 annual meeting. Nasdaq OMX gets closer to the finish line with its plans to acquire the corporate services unit of Thomson Reuters. LCH.Clearnet applies to begin offering interest-rate swap clearing to banks in Australia, beginning in early 2013.