Source: John Lothian Newsletter
First Read Hits & Takes John Lothian & JLN Staff A major investigative report by Angus Berwick, Patricia Kowsmann, and Ben Foldy published May 21, 2026, in The Wall Street Journal revealed that billions of dollars in cryptocurrency transactions flowed through Binance, the world’s largest crypto exchange, to networks financing Iran’s Islamic Revolutionary Guard Corps […]
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First Read Hits & Takes John Lothian & JLN Staff John J. Ruth passed away yesterday morning at the age of 91 after battling cancer for the last couple of years. John was a banker, CBOT member, pit trader, brokerage executive, Wall Street partner, exchange leader, industry leader, family man, Army officer, and former Illinois […]
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First Read Hits & Takes John Lothian & JLN Staff Former Massachusetts Congressman Barney Frank has died at the age of 86, The New York Times reported. Frank was the U.S. House side of the eponymous Dodd-Frank Act, which was passed after the financial crisis of 2007-08. Condolences to his family, friends and colleagues. The […]
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First Read Hits & Takes John Lothian & JLN Staff The obituary for Thomas J. Cashman ran in the Chicago Tribune on Sunday. The obituary has previously been shared in JLN, but you can read it in the Tribune HERE. Bloomberg’s Scott Patterson reports that the SEC is preparing an “innovation exemption” that could allow […]
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First Read Hits & Takes John Lothian & JLN Staff Prediction markets received the 60 Minutes treatment on CBS News last night. Meanwhile, our fearless CFTC leader, Michael Selig, seems to be afraid of 60 Minutes. CBS News reporters Jon Wertheim, Aliza Chasan, Andrew Bast, and Jessica Kegu said in a 60 Minutes Overtime report […]
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First Read Hits & Takes John Lothian & JLN Staff Having taken on the Kilt Challenge, Mark Bortnik hits the mountains this weekend, raising funds in the tradition of Robbert Booij of Eurex (during his ABN AMRO days) and Rama Pillai of Singapore Exchange (SGX). Joined by industry colleagues, he’ll tackle the National Three Peaks […]
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First Read Hits & Takes John Lothian & JLN Staff The CFTC yesterday announced that “CFTC Staff Issues No-Action Letter on Data Reporting for Event Contracts.” The CFTC has now, in effect, answered the question I posed to it with a no‑action letter on event contract reporting, although it never directly replied to me about […]
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First Read Hits & Takes John Lothian & JLN Staff We still have some videos from FIA’s Boca conference to publish, and we will do so in the coming days. Today, we are publishing the first of the WFEClear 2026 interviews I conducted in Toronto. The first interview is with TMX Group CEO John McKenzie, […]
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First Read Hits & Takes John Lothian & JLN Staff CME Group and Silicon Data announced plans to launch the world’s first compute futures market later this year, pending regulatory approval, enabling traders, financial institutions, AI companies, and cloud providers to hedge price volatility in the multi-trillion-dollar compute sector. The contracts will be based on […]
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First Read Hits & Takes John Lothian & JLN Staff Details are set for the services for Thomas J. Cashman. Visitation will be on Wednesday, May 20, from 3:00 to 8:00 p.m. at the Cooney Funeral Home at 625 Busse Hwy, Park Ridge, IL. The mass will be held at Old St. Patrick’s Church, 700 […]
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First Read Hits & Takes John Lothian & JLN Staff Reuters reports that the U.S. Court of International Trade has ruled President Donald Trump’s latest 10% global tariffs unlawful under Section 122 of the Trade Act of 1974, but limited its injunction to two importers and the State of Washington, leaving the duties in place […]
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First Read Hits & Takes John Lothian & JLN Staff Media mogul and yachtsman Ted Turner has died at the age of 87. He was a fascinating character, embodying one of my favorite quotes from “The Magnificent Ambersons,” a 1942 American period drama film written, produced, and directed by Orson Welles. In the movie, a […]
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First Read Hits & Takes John Lothian & JLN Staff Marex Group plc reported record first-quarter 2026 results, with revenue up 48 percent year on year to 692.3 million pounds and profit before tax from continuing operations rising 53 percent to 149.8 million pounds, driven by strong client activity and elevated volatility across all four […]
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First Read Hits & Takes John Lothian & JLN Staff Today, there is an Other Voices contribution from public relations professional Drew Mauck. It concerns Commerce Secretary and former Cantor Fitzgerald CEO Howard Lutnick. This is a controversial Other Voices piece. As the piece includes references to the relationship between Lutnick and the late Jeffrey […]
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First Read Hits & Takes John Lothian & JLN Staff A week ago, I received word from the son of Thomas J. Cashman that his father was entering the last stage of his life. On Saturday morning, at 2:25 am, Tom passed away. He had been surrounded all week by his family. Tom was my […]
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Source: John Lothian Newsletter
First Read Hits & Takes John Lothian & JLN Staff Futures and Options World (FOW) and John Lothian News are partnering during FIA’s International Derivatives Expo (IDX) conference on 15th -17th June 2026 to produce a special JLN Industry Leader video series. The FOW team will supply on-site editorial resources to conduct high-profile industry interviews, […]
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