How Morgan Stanley Courted Dodgy Customers to Build a Wealth-Management Empire

Source: John Lothian Newsletter

First Read Hits & Takes John Lothian & JLN Staff Veteran Journalist Jeremy Grant wrote a story for The Banker titled “Global banks building tech and regulatory capabilities on Scottish foundations” with the subheadline “Glasgow and Edinburgh are being transformed into global financial hubs for tech, AI and green finance.” Global banks are significantly enhancing […]

Read article

Welcome to the World of 24-Hour Stock Trading

Source: John Lothian Newsletter

First Read Hits & Takes John Lothian & JLN Staff Today’s lead story from The Wall Street Journal takes a look at the 24-hour trading phenomenon and who likes it and who doesn’t. Brokerages are expanding trading hours to meet the growing global demand for U.S. stocks. Robinhood and Interactive Brokers introduced overnight trading last […]

Read article

CFTC Chair Says Still Weighing Clearing US Treasuries Abroad

Source: John Lothian Newsletter

First Read Hits & Takes John Lothian & JLN Staff FIA CEO and President Walt Lukken‘s opening comments yesterday welcomed attendees to FIA Expo in Chicago, expressing relief in escaping Washington’s political climate. He emphasized the need for honesty and common sense in addressing industry challenges. Lukken introduced the concept of “Tell the Truth Day,” […]

Read article

How to trade in the Trump era

Source: John Lothian Newsletter

First Read Hits & Takes John Lothian & JLN Staff The CME Group Langer class action lawsuit with its members that has dragged on for 10 years finally has a court date, with “NO EXTENSIONS” possible, according to the order setting the date for July 7, 2025. The order also says that if the judge […]

Read article

Polymarket CEO’s Home Is Raided by FBI

Source: John Lothian Newsletter

First Read Hits & Takes John Lothian & JLN Staff Federal agents raided Polymarket CEO Shayne Coplan’s home amid a U.S. Department of Justice investigation into the company for allegedly allowing U.S. users to access its prediction market platform, CoinDesk reported. Polymarket, which gained popularity during the 2024 presidential election with high volumes of bets […]

Read article

FIA announces 2025 Hall of Fame inductees

Source: John Lothian Newsletter

First Read Hits & Takes John Lothian & JLN Staff FIA has announced six new inductees to its 2025 Hall of Fame, to be honored at the 50th International Futures Industry Conference in Boca Raton, Florida, from March 9-12, 2025. The honorees include Mark Bagan, former CEO of MGEX and MIAX executive (posthumous); Laura Cha, […]

Read article

ICE to Start First EU Bond Futures Trading Next Month

Source: John Lothian Newsletter

First Read Hits & Takes John Lothian & JLN Staff Next week is shaping up to be an extraordinarily busy and significant period for the global financial and digital asset industries, with four major conferences occurring simultaneously across three continents. The Futures Industry Association (FIA) will host its annual EXPO in Chicago, bringing together key […]

Read article

Is Chicago’s Don Wilson the smartest man in trading? From cleaning up after Lehman Brothers to early bets on Bitcoin, DRW has become an industry colossus

Source: John Lothian Newsletter

First Read Hits & Takes John Lothian & JLN Staff DRW’s Don Wilson is the latest to get the Financial Times “New titans of Wall Street” treatment in the series about “The secretive firms that have conquered trading.” While Don is just a man, he is a trading god to many in the industry, thus […]

Read article

IEX Joins as Sponsor of John Lothian News to Mark Entry into Equity Options Trading

Source: John Lothian Newsletter

ELMHURST, IL - John Lothian News (JLN) is proud to announce IEX as its newest sponsor, underscoring a shared commitment to industry transparency and innovation. IEX's sponsorship includes the flagship John Lothian Newsletter, the JLN Options Newsletter, and the website JohnLothianNews.com, where they will support vital industry insights and connect with JLN's engaged readership as IEX enters the equity options exchange space. The collaboration marks the continuation of a longstanding relationship between IEX and John Lothian News, built on a mutual dedication to advancing market integrity and informed trading. Since 2000, The John Lothian Newsletter has been a respected source in the industry, delivering daily updates, expert commentary, and deep dives into the latest trends and issues that matter most to traders, market participants, and decision-makers alike.

Read article

Trump Win Boosts Prediction Markets That Nailed Election Outcome

Source: John Lothian Newsletter

First Read Hits & Takes John Lothian & JLN Staff Interactive Brokers reported a strong performance for its ForecastEx prediction market, launched on October 4, 2024, with over $560 million in presidential election contracts traded by November 6, 2024, and no technical issues. ForecastEx election contracts provided real-time public sentiment indicators, while the broader ForecastTrader […]

Read article

Trump victory to reverberate through global economy

Source: John Lothian Newsletter

First Read Hits & Takes John Lothian & JLN Staff Congratulations to President-Elect Donald Trump and Vice President-Elect J.D. Vance on their victory in the U.S. election. Congratulations to the GOP for taking control of the U.S. Senate as well. The U.S. House’s fate remains unknown, but it looks like it also could end up […]

Read article

Contact Contango on

+44 (0)7931 372586

or email