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Tag Archives: Tim Massad

NYSE to expand floor trading as part of integrated dealing system; U.K. Bankers Drop Push to Keep EU ‘Passporting’ After Brexit; When Bad Things Happen to Good Funds John Lothian Newsletter,Newsletter

First Read Bits & Pieces By JLN Staff Brookly McLaughlin has rejoined Intercontinental Exchange as senior director, marketing and public affairs, giving ICE more political punch. She returns after a little more than a year at Magnetar Capital. McLaughlin originally came to ICE in the CCX deal. She was the communications director for the Chicago Climate Exchange before it was acquired by ICE. She also previously worked for the U.S. Treasury Department under Hank Paulson. Jeff Sprecher, Richard Sandor and Hank Paulson are some pretty good bosses to have. The Security Traders Association of Chicago is in day two of…

NYSE MKT to end floor trading for small stocks; US regulator warns on tough UK and EU derivatives battle; Wall Street’s Most Famous Quants Fed Up With JPMorgan Soothsayer John Lothian Newsletter,Newsletter

First Read The Why Jim Kharouf, JLN Simon Sinek said in his TED Talk that “People don’t buy what you do; they buy why you do it. And what you do simply proves what you believe.” What we do is produce a financial newsletter and websites that are dedicated to enlighten, inform and educate you on what is happening in this industry. We do it because we believe that more informed readers make for better markets, everywhere. Better markets make all our lives better. That’s simply the what and why for John Lothian News. We believe in this so much…

John Lothian Newsletter: Four signs another eurozone financial crisis is looming; Battered Bank Stocks Reflect Not Just Jitters, but Mistrust; Chinese Start to Lose Confidence in Their Currency John Lothian Newsletter,Newsletter

First Read Bits & Pieces By John J. Lothian Today I hand off editing of this newsletter to the John Lothian News team. You might think that is a big thing, but it isn’t. This team contributes greatly to this newsletter everyday, sculpting it into the quality and informative missive that it is. Every morning Jim Kharouf, Doug Ashburn, Jeff Bergstrom and Sarah Rudolph rise from their bedchambers and contribute to this newsletter (we let Spencer Doar sleep in). That will not change in the next few weeks. My contributions to this newsletter during this time will be curtailed as…

John Lothian Newsletter: CFTC Too Broke to Properly Police Flash Traders, Massad Says; SocGen shares tumble 13% as sector sell-off resumes; Bond Trading Desks Get a Hand From Algorithmic, Equity Veterans John Lothian Newsletter,Newsletter

First Read A Fortune Built on the Back of Prayers John Lothian – John Lothian News Last week I announced on Facebook to my family and friends that I was headed to surgery again on my back. More about that later, but the response I received on Facebook made me realize why Mark Zuckerberg has become the fourth richest man in the world. My list of Facebook friends responded to news with best wishes, but more importantly with promises of prayers for my healing and well-being. This is not an uncommon experience on Facebook when people share challenges such as…

A Marginal Victory – for the Time Being Blog,Commentary,Regulation

On December 16, 2015, a U.S. Government entity took a giant step that will have far-reaching effects on the global financial ecosystem. Oh, yeah, and the Fed raised interest rates for the first time in 10 years. While most eyes in the financial world were glued to the talking heads blathering about the rate hike, I was watching the CFTC as it approved two rulemakings – a proposed rule that would require exchanges, clearing houses, swap execution facilities and data repositories to conduct specific cybersecurity tests, and a final rule requiring swap dealers to exchange initial and variation margin with…

John Lothian Newsletter: London’s financial centre will grow if Britain stays in EU; Elizabeth Warren Calls S.E.C. Chief’s Tenure ‘Disappointing’; BoE said “no decision” on ICE’s Emir approval John Lothian Newsletter,Newsletter

First Read Bits & Pieces By John J. Lothian Jim Kharouf and RJ Roxas have done a terrific job of taking the FinTech Exchange Chicago 2015 video we shot, combining the event’s lightning round of speakers in a new format for John Lothian News. Jim had discovered the Sway multimedia tool from Microsoft and used this to tell the story of this sold out Chicago fintech event organized by Barchart.com. You can see the presentation below. I suggest you click on the link to see the whole layout and design on Sway.com to get the full effect. I love Jim’s…

John Lothian Newsletter: LME takes steps to broaden access to electronic trading; HKEx Soars With Brokers on Optimism About Influx of China Cash; First trader to face trial in Libor case heads to court John Lothian Newsletter,Newsletter

First Read Simon Puleston Jones, CEO of FIA Europe – In Pursuit of Happiness JohnLothianNews.com “Try to find someone who does things right that you really aspire to be over the course of your career.” Simon Puleston Jones, CEO of FIA Europe, gives advice for balancing personal life with career life. Jones begins his presentation with an acronym for “DREAM”, discussing how happiness and achieving your goals is related to Diligence and drive, Relationships and recruitment, Education and ethics, Adjustments and appreciation, and Mistakes and mentors. He stresses that your career should be something you truly enjoying waking up for…

John Lothian Newsletter: Regulators Point to Risks From Rapid-Fire Trading, Clearing; UBS to Pay Over $500 Million in Fines for Manipulating Currencies and Libor; CME sees more contracts after June power launch John Lothian Newsletter,Newsletter

On the mend John Lothian reported in yesterday. He had a rough night before last, which happens when you pull out the IVs that pipe in the pain medicine. So he thought he would stay another day in the hospital, watch some more “Live with Kelly and Michael,” eat some more hospital food and ponder what else surgeons might work on next. ++++ Under New Management: Alan Campbell Looks To Expand Interest In Bloomberg Commodity Index Jim Kharouf – JLN Sometimes you just need a change of scenery. The Bloomberg Commodity Index, or BCOM, was taken on by Bloomberg in…

John Lothian Newsletter: China stocks hit by margin lending curbs; Nasdaq to Provide Trading Platform for Japan’s Biggest Derivatives Exchange; Massad looks to streamline cross-border rules John Lothian Newsletter,Newsletter

First Read Futures regulator dogged by questions on conflicts, governance By Lynne Marek, Crain’s Chicago Business Speaking to the Commodity Futures Trading Commission in April 2013, he said “friends” at a small Chicago-based company called AlphaMetrix had built a software system that would flag potential fraud before it endangered customers. The Chicago-based futures association, an industry regulator, had hired AlphaMetrix for the job, with the blessing of co-regulator and futures exchange operator CME Group. “Amongst all of the challenges and dead ends that the industry faces these days, this is a story that’s a good one,” Hehmeyer said at the…