First Read Hits & Takes John Lothian & JLN Staff Happy Halloween! Yesterday after we published JLN, the family of Patrick Birley shared an obituary for him and we published it to JohnLothianNews.com. You can find it HERE. Bloomberg has a story about how “Wall Street Raked in $1.7 Billion in Fees From NYC Pensions […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Former European Climate Exchange CEO Patrick Birley has died at the age of 58, JLN learned over the weekend from Patrick Young‘s ExchangeInvest, and it was confirmed by London sources. Birley, who was the second employee of the fledgling South African Futures Exchange (SAFEX), helped […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Later this morning JLN will publish a two-part video interview I conducted with leaders of Women in Financial Markets, the rebranded Women in Derivatives. Marisol Collazo, the chair, and Cassandra Seier, the president and CEO of WIFM, joined me for a discussion about the rebrand […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff The FIA posted October 2023 Highlights to LinkedIn that include all kinds of EXPO 2023 coverage. I don’t have access to the FT premium Lex column, but it has a story on the CME Group titled “CME: future proofing in the age of uncertainty” with […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Oliver Sung, Cboe’s interim Head of North American Equities, wrote an Insights post about last week’s SEC exchange rebate proposal and why these changes could have a deleterious effect on competition, driving more trading to undisclosed, less transparent, less accessible, less regulated trading venues. The […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Yesterday I posted a video interview I conducted a while back with a student and former student in Roosevelt University’s quantitative finance CCCF Honors program. Assistant Professor of Finance Justin Shea was also part of the interview. The subject is a market for near earth […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Who do you think would be a good candidate for this year’s class for the FIA Hall of Fame? The FIA Hall of Fame committee for 2024 has been formed, the applications are online and FIA is seeking your input for who would be a […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff The Healthy Markets Association, of which MIAX and MGEX are members, weighed in on the SPIKES situation yesterday with a letter to the SEC. The letter looks at the regulatory and legal morass that created the situation in which the SEC lost a lawsuit to […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Later this morning, JLN will launch the first episode of “Futures Discovery.” The first episode will explore what is a futures contract. Futures Discovery is hosted by Corties Draper, a student in the CCCF honors program at Roosevelt University in Chicago. Look for it on […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff The CFTC yesterday announced it was getting tougher with a press release titled “CFTC Releases Enforcement Advisory on Penalties, Monitors and Admissions.” CFTC Enforcement Director Ian McGinley addressed the subject at the New York University School of Law Program on Corporate Compliance and Enforcement in […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff The Wall Street Journal has a multimedia in-depth feature titled “How 0DTE Options Took Over the Market” with the subheading “Zero-days-to-expiration options represent around 50% of overall options trading volume.” The teaser for the story is “Traders are piling into 0DTE options-a cheap, fast, but […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff The NFA is holding a virtual information session on Tuesday, October 17 at 4 p.m. CT/5 p.m. ET for students looking for summer internships or entry-level positions. Click HERE for details. Likewise, HKEX is accepting applications for the HKEX Graduate and Internship Programme. Students from […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Options, options, options! With so much risk in the world, the limited risk of options appeals to many traders and investors. Today’s lead story is “Options Are the Hottest Trade on Wall Street” with the subheading “Global trading in options has now overtaken futures volume.” […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Sometimes it is not what a press release says, but what it doesn’t say that speaks the loudest. Such was the case yesterday when Cboe announced Cboe Global Markets Announces New Leadership Appointments to Support Continued Global Growth. Nowhere in that announcement was the news […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Later this morning, JLN will publish our exclusive interview with CQG’s Ryan Moroney and Pat Kenny, which we shot at the FIA EXPO last week. Look for the interview on www.johnlothiannews.com and on our social media channels. Yesterday I shot some video for a client […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff On November 16 at 5:30 p.m., Terry Duffy of Advantage Futures will lead the LaSalle Street Trading Tech Reunion in the atrium of the Chicago Board of Trade Building, a fundraiser in support of the Pathway to Adventure Council of the Boy Scouts of America. […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Welcome to Columbus Day or whatever you want to call this particular banking holiday. But back in 1979, on the Saturday of Columbus Day weekend, new Federal Reserve Chairman Paul Volcker held a press conference and announced a policy change that changed the course of […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Several days ago, CNBC published a documentary about the Sam Bankman-Fried situation and the collapse of FTX titled of all things “The Collapse Of FTX: Insiders Tell All.” It is a good telling of the story, with many of the primary characters included in the […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff To all the business journalists who read JLN from around the world, I want to make you aware of an outstanding opportunity to take your career to the next level by applying for the “Journalists in Residence Fellowship” program at the University of Chicago Booth […]
Read articleFirst Read Presidential Historian Jon Meacham’s Keynote Address at Expo Aimed to Give Hope in Divided Times Sarah Rudolph – John Lothian News In the keynote address to a large audience on Tuesday at FIA Expo, the historian and presidential biographer Jon Meacham talked about how we are living in “the most divided time since […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff The pre-recorded fireside chat between CFTC Chairman Rostin Behnam and FIA President and CEO Walt Lukken was 86ed and the chairman delivered his speech in person yesterday at FIA EXPO following Lukken’s welcoming remarks. Speaking of which, Lukken clearly has new writers for his material […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Welcome to FIA EXPO week in Chicago at the Sheraton Grand Riverwalk Hotel. The JLN team is there in full force. Look for us and say hello. Tell us your story. The good news for this year’s EXPO is that there is no need for […]
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