Source: John Lothian Newsletter
First Read Hits & Takes John Lothian & JLN Staff CME Group CEO Terry Duffy warned that newly approved perpetual futures contracts, particularly those tied to cryptocurrencies, pose significant risks by enabling excessive leverage and exposing inexperienced retail traders to potential losses, while offering limited usefulness for institutional investors. According to a Bloomberg story reported […]
Read article
Source: John Lothian Newsletter
First Read Hits & Takes John Lothian & JLN Staff The long-standing “pattern day trader” (PDT) rule, created in 2001 to limit risky, rapid trading after the dot-com crash, is being eliminated, allowing retail investors to trade stocks and options more freely without maintaining the $25,000 minimum balance previously required for frequent, same-day trades on […]
Read article
Source: John Lothian Newsletter
First Read Hits & Takes John Lothian & JLN Staff CBS News fired veteran “60 Minutes” correspondent Scott Pelley on Tuesday after he publicly accused new Editor-in-Chief Bari Weiss of “murdering” the show and challenged incoming executive producer Nick Bilton’s qualifications at a staff meeting. Pelley — a 37-year network veteran — said that CBS […]
Read article
Source: John Lothian Newsletter
First Read Hits & Takes John Lothian & JLN Staff There is an interesting market structure, price discovery, index inclusion, and exchange rules video from the More Perfect Union newsroom, a video-first non-profit progressive media organization founded by Faiz Shakir in February of 2021. Shakir, a former senior advisor to Bernie Sanders, set the primary […]
Read article
Source: John Lothian Newsletter
First Read Hits & Takes John Lothian & JLN Staff We have upgraded the JLN Newsletter! You will notice there is now a table of contents just to the left of this note, listing our subsections. If you have an e-mail client that supports this, you can click on a section in the list and […]
Read article