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Tag Archives: Tradeweb

Virtu/ITG – Two great tastes; Tradeweb chief stokes M&A speculation; Rate worries JLN Options Newsletter,Newsletter,Options

Observations & Insight Monday Miscellany Spencer Doar – JLN Front month VIX futures are (still) trading higher than November VIX futures, albeit not my much (as of this writing). There was no episode of “The Spread” this past week. We are working on some special Spooktacular editions about the fear gauge. Stay tuned. John was in D.C. this past week. He attended Friday’s CFTC Technology Advisory Committee (“TAC”) meeting and shared his opinion on crypto. (His comments start at ~103:30, just after Gary DeWaal.) There is yet another hurricane threatening the U.S. – Michael strengthened to a Category 1 and…

The Spread – Caddyshack Market – 8/17 The Spread,Video,video

Another week, more Turkey worries. We don’t talk about that at all in this week’s options news recap, instead taking a peek at security, average bid/ask spreads and regulation.  The following are stories referenced in this week’s “The Spread”:  WIRED – Online Stock Trading Has Serious Security Holes Tabb Forum – July Options Market Quality Best in Almost 5 Years Tradeweb – Tradeweb Brings RFQ Trading To The Options Industry WSJ – Banks Say No Thanks to Volcker Rule Changes Other important stuff:  Vela – Vela announces key executive appointment; Peggy Sullivan joins as Chief of Staff The Trade – Controversial US derivatives rules resurface…

Tradeweb Adds Options RFQ Functionality; Volcker Rule Revision Update Newsletter,Options

Observations & Insight Thursday’s Grab Bag Spencer Doar – JLN Remember how that LJM fund went kaput in epic fashion in February? Remember how the gargantuan loss prompted a whole bunch of investor lawsuits? Well, here’s the update: the lead plaintiffs need to file their class action complaint today. (As of publishing time, it does not appear available.) The defendants need to respond to that complaint by October 1. If defendants move to dismiss, then the ball is back in the plaintiffs’ court to respond by November 5. The OCC will be performing system maintenance on Sunday – MyOCC and…

SEC Tries to Scam ICO Investors to Show Them How Easy It Is John Lothian Newsletter,Newsletter

fraud scam alert

First Read Hits & Takes JLN Staff CME Group is launching Eurodollar Term Mid-Curve Options on June 11, 2018.~JJL The electric car market is for real. The London Metal Exchange announced it will launch contracts on lithium, cobalt, nickel, graphite and manganese, all battery-related components. The IEA forecasted 9 million to 20 million electric vehicles by 2020 and 40 million to 70 million by 2025.~JK Martin Jetter, Barbara Lambert and Joachim Nagel joined the Supervisory Board of Deutsche Börse in an expansion of the number on the board from 12 to 16. These new members were elected for three outgoing…

CME pursuit of Nex reflects shift in US money markets; SEC fine of radio presenter puts watchdog on the line; Bloomberg and Reuters see market share in data slip John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Yesterday my six foot six inch tall son Robby was diagnosed with a partially collapsed lung, or spontaneous pneumothorax, which is common in tall, thin youth. As a result, I had to miss the Ken Heath Awards presentation where Leo Melamed was one of the winners of the award. I also missed the open house for the new offices of Gate39 Media. Robby is doing well, though he is in a pediatric ICU unit. He is more used to visiting me sitting in a hospital bed than the other way around.~JJL ICE has…

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…

London loses oil futures listings as Mifid bites; Wall Street Is Claiming Tax-Cut Bounty; South Korea plans to ban cryptocurrency trading John Lothian Newsletter,Newsletter

First Read A Grateful Scouter with a Big Silvery Beaver-Like Smile By John Lothian I was informed late last night that I am to be recognized for my contributions to Scouting with a Silver Beaver Award on behalf of Pathway to Adventure Council of the Boy Scouts of America. The Silver Beaver Award recognizes “registered Scouters of exceptional character who have provided distinguished service within a council.” I am honored to be recognized for my work on behalf of the Scouts, but this award is as much about you, the readers of this newsletter, and my creative and persistent use…

Wall Street Readies Debt-Limit War Room; Bitcoin Foundation seeks protection from regulation; Deutsche Boerse Supervisory Board Action John Lothian Newsletter,Newsletter

First Read Hits & Takes Paul Georgy of Allendale is today’s featured speaker from the MarketsWiki Education World of Opportunity series in Chicago from July.~JJL Speaking of opportunity, would you like to be a sponsor of our MarketsWiki Education Intern Recruiting Event? You can find details HERE. There is a unique savings opportunity if you want to be a speaker at the event and have a table to meet prospective interns. MarketsWiki sponsors get a discount on speaker opportunities, so if you become a Friend level sponsor in our special deal for $2500, you can save $500 and add to…

UBS, BNP, RBS Get Subpoenas in U.S. Treasuries Probe; Brussels set for power grab on London’s euro-clearing market; Tradeweb Launches All-to-All Corporate Bond Trading John Lothian Newsletter,Newsletter

First Read You Look Mahvelous Dahling: “Mad Men” Ready to Walk the Exchange Red Carpet with Nasdaq Spencer Doar – JLN Fintech and regtech are firmly entrenched in the financial industry’s lexicon — if a new exchange has its way, “adtech” will be the next addition. The New York Interactive Advertising Exchange (NYIAX) plans to offer a guaranteed contract for digital advertising space on Nasdaq’s latest blockchain-enabled technology platform in Q4. “The advertising world is … becoming more sophisticated with how it buys and sells inventory and there are a lot of challenges around trust and transparency — knowing the…