Breaking News

Tag Archives: Volcker Rule

The Largest U.S. Cannabis Company Finds a Home on a Canadian Exchange John Lothian Newsletter,Newsletter

canada cannabis

First Read Q&A With Don Ross: Can Equity Markets Benefit From Auctions? Ross Looks To Disrupt The Markets With On-Demand Auctions For Stocks, Just Like The Good Ole Days Jim Kharouf – JLN CODA Markets has been pounding a steady beat for on-demand auctions since launching CODA Block, a 30-second block auction program in 2017. With a new study from ViableMkts of the auction system, data shows CODA Block generally did not create adverse market moves when initiating an auction. CODA Markets CEO Don Ross spoke with JLN’s Jim Kharouf about the study and his view on auctions throughout the…

Volcker Rule Revamp; Turkish FX Issues Newsletter,Options

Observations & Insight The Options Industry Leader Series 2018 – MIAX’s Shelly Brown Brought to you by the OCC In this video from the 36th annual Options Industry Conference (OIC) in Amelia Island, Fla., Shelly Brown, MIAX executive vice president, strategic planning and operations, talks about launching MIAX Emerald, its new SPIKES volatility index, and MIAX’s equity ambitions. Watch the video here » ++++++ Happy Friday It is a bit of slow day for options news, it seems. As such, here’s a few of the stories from the week that caught our attention (and will likely show up in this…

Banks can expect a streamlined Volcker rule; Turkish lira plunge; Deutsche Bank error John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff In every edition of JLN, there are instructions at the bottom of the newsletter on how to update your settings or unsubscribe. You are always welcome to hit reply on your email client and send us feedback.~JJL The fifth video in the Options Industry Leader Series, sponsored by OCC and OIC, is now posted. You can watch MIAX’s Shelly Brown below. MIAX is the next exchange to host the Options Industry Conference. In case you missed the series, the other four videos are with Nasdaq’s Kevin Kennedy, BOX’s Ed Boyle (we spoke before…

Why Germans Are Getting Fed Up with America John Lothian Newsletter,Newsletter

United States Germany flag

First Read Notes from Consensus 2018 – Day 2 Chuck Mackie – John Lothian News As expected, Day 2 of Coindesk‘s Consensus conference lacked some of the energy and fireworks of the first day but it did manage to defy what seems to be a law of nature: fewer people in attendance at the second day of an industry event when compared to the first. In this case, Coindesk announced that total registration ticked up to over 8,500 and it was definitely harder to fight the lines for lunch on the second day compared to the first. Somehow I survived….

JLN Options: Volcker Rule Rewrite; Thomson Reuters moving FX derivs to Ireland Newsletter,Options

Lead Stories Volcker Rule Rewrite to Drop Trading Burden on Banks, Sources Say Jesse Hamilton and Benjamin Bain – Bloomberg Wall Street is poised to get a big reprieve from the Volcker Rule, as U.S. agencies prepare to scrap a restrictive presumption that most short-term trades violate the post-crisis regulation, three people with knowledge of the matter said. In a much-anticipated overhaul, the Federal Reserve and other regulators are planning to drop an assumption written into the original rule that positions held by banks for less than 60 days are speculative — and therefore banned, the people said. Instead, banks…

CME Record International ADV; Martin Act Opposition; Nasdaq Completes Media/PR Sale John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Congratulations to the World Federation of Exchanges on its IOMA Clearing & Derivatives Conference, concluded on Friday. The event, as usual, attracted exchange, clearing and market infrastructure from several continents and was well focused on the challenges and issues facing global CCPs. Nicely done.~JK Ankur Kamalia, managing director, head of group venture portfolio management & DB1 Ventures at Deutsche Bˆrse said at the WFE IOMA conference that his group has met with 750 fintech firms over the past three years and invested in just seven. Among those is Digital Asset Holdings.~JK Interesting tidbit…

Treasury Pushing For Capital Rule and Volcker Changes Blog,Feature

Paul Volcker

The US Treasury Department is addressing capital intensive rules that have constrained market participants from capital markets to community banks under the Volcker rule. Craig Phillips, counselor to US Treasury Secretary Steven Mnuchin, speaking at the WFE IOMA conference in Chicago last Friday, said the department is looking at a variety of issues and challenges for market participants, ranging from restrictive leverage ratios and how those are calculated, to easing restrictions on banks and institutions in the capital markets to promote liquidity, to changes in the Volcker Rule. The Senate recently passed the Economic Growth, Regulatory Relief and Consumer Protection…

Scholes on team launching low-vol cryptocurrency; CFTC ‘astounded’ as Congress prepares to cut budget; Volatility Leaves Europe Banks Whipsawed Newsletter,Options

Lead Stories Saga token: Nobel winner Myron Scholes on team launching low-volatility cryptocurrency Eshe Nelson and Joon Ian Wong – Quartz Last year, when the price of bitcoin rose 1,000%, you might have regretted not buying in. Now that it has fallen almost 40% so this year, perhaps you don’t have as many regrets. The murky trading and wrenching volatility of cryptocurrencies threaten their place as a fundamental plank of the future financial system, as proponents are pushing. Now, a group of famed economists and financial innovators have a plan to address those challenges by creating “the first non-anonymous blockchain-based…

Vol products in the spotlight; Cboe’s pain; New VIX ETP Danger Newsletter,Options

Lead Stories Wall Street’s volatility products in the spotlight; Market retains potential for upsets after February’s ‘Vix-mageddon’ Christian Pfrang and Robin Wigglesworth – Financial Times (SUBSCRIPTION) A month ago global markets were thrown into a tailspin, with US equities suffering one of their fastest 10 per cent corrections in history. The mayhem raised questions about a small but complex corner of markets where investors trade volatility itself. jlne.ws/2FZ4elX ****SD: I still like vol-cano over Vix-mageddon. Armageddon is a one-off affair while volcanos light up with frequency. One line from the article that I’d say requires a lot more stipulations is:…