Breaking News

Tag Archives: TRACE

LSE’s Rolet quits; Regulators look to shine more light on Treasury market; City closes ranks over Rolet John Lothian Newsletter,Newsletter

First Read Jim Kharouf Resigns as CEO of John J. Lothian & Company, Inc.; Will Continue Work with Company in Freelance Role Jim Kharouf is stepping down as CEO of John J. Lothian & Company, Inc. at the end of the year after having assumed the role on January 1, 2017. Kharouf is leaving the company as an employee, but will continue to work with John Lothian News and John Lothian Productions as an independent contributor. He will also be exploring his own bespoke initiatives, including in the Fintech sector. Despite accomplishing much during his tenure at the company and…

John Lothian Newsletter: Inside the Secretive Circle That Rules a $14 Trillion Market; Carlyle-Owned Hedge-Fund Firm Hands Investors a Big IOU; SEC Takes Tougher Stance on Enforcement John Lothian Newsletter,Newsletter

First Read US banks hit out at collateral rules on derivatives trade Joe Rennison and Ben McLannahan – FT Banks are reeling after rules finalised by US regulators, aimed at reducing the risk of trading esoteric derivatives, are set to increase trading costs and further hit deteriorating fixed income business. on.ft.com/1LBC9y4 ***** Here is how this is going to hurt the futures business. The collateral rules will reduce the capacity of firms to be able to take on new business in the case of a default of another firm at the clearinghouse. One of the key elements to making clearinghouses…