Jill Sommers, Commissioner of the Commodity Futures Trading Commission (CFTC), is stepping down after the first quarter of this year. Sommers spoke with JLN editor-in-chief Jim Kharouf about the progress of Dodd-Frank, position limits, and what the future holds for the CFTC after her resignation. Sommers discussed how the CFTC has changed over the last five years — including their increased budget and staff, moving from principles-based to rules-based rulemaking and their greatly increased public profile. She also reflected on the Dodd-Frank rulemaking process, saying she wished the CFTC had defined swap-related terms first and delayed compliance with any rules…
Tag Archives: trading
Nils-Robert Persson Talks About Cinnober and the Growth of Real-time Risk Management Interview,Regulation,Tech / HFT,Video
There are some firms who are ahead of the curve and profit from it. Cinnober Financial Technology, the Swedish-based provider of electronic trading platforms was certainly one of them when it began pushing real-time risk management technology for trading and clearing platforms long before the 2008 financial crisis. Now its an integral part of the marketplace. Nils-Robert Persson, executive chairman for Cinnober spoke with JLN editor-in-chief Jim Kharouf about the speed of execution and clearing systems, as well as what’s next for the firm.
Tom Cashman, a member of an iconic Chicago Board of Trade (CBOT) family, is a pit trader, exchange trading floor broker and 50-year member of the exchange. Tom Cashman’s contributions to the CBOT governance are numerous, including serving as chairman of the Floor Governors Committee and chair of the CBOT’s Ethics and Integrity Committee formed following the FBI Investigations of the futures markets in the late 1980s. He has been a member of the exchange since 1962.
Anthony Lazzara is co-founder and principal of Lido Isle Advisors, LLC., responsible for selecting and allocating to commodity trading advisors on behalf of the company’s clients. He spoke with JLN Managed Futures editor Jim Kharouf about what he looks for in CTAs today, which sectors of CTAs are doing well in this environment and what the CTA space needs to do to expand. Disclaimer: Futures and options trading involve risk. Past results are no indication of future performance.