Failed Trades in 20-Year US Bonds Have Soared to a Record

Industry News supplied by John Lothian

Date: Oct 4, 2024

First Read Hits & Takes John Lothian & JLN Staff Yesterday Miami International Holdings (MIH) announced the renaming of its subsidiary, Minneapolis Grain Exchange (MGEX), to MIAX Futures Exchange (MIAX Futures). This rebranding reflects MIH’s broader strategy to expand its futures offerings, building on the legacy of MGEX’s flagship Hard Red Spring Wheat (HRSW) futures, […]

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SEC Enforcement Director Who Pushed for Big Fines Steps Down

Industry News supplied by John Lothian

Date: Oct 3, 2024

First Read Hits & Takes John Lothian & JLN Staff India has rapidly become the world’s largest equity derivatives market, driven primarily by inexperienced retail investors engaging in speculative trading, Bloomberg reports. The market’s annual turnover now surpasses the total output of India’s economy, with risky options trading posing potential financial instability. The Securities and […]

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AQR’s Asness, Liew Donate $60 Million to University of Chicago

Industry News supplied by John Lothian

Date: Oct 2, 2024

First Read Hits & Takes John Lothian & JLN Staff Clifford Asness and John Liew, co-founders of AQR Capital Management and University of Chicago alumni, have donated $60 million to the university to support the master’s in finance program at the Booth School of Business, where both earned MBAs and Ph.D. degrees, Bloomberg reported. Their […]

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India Clears Steps to Curb Trading Rush in Stock Derivatives

Industry News supplied by John Lothian

Date: Oct 1, 2024

First Read Hits & Takes John Lothian & JLN Staff In an exclusive story, FOW is reporting “RJ O’Brien president Dan Staniford leaves Chicago group.” The story says, “Staniford, who was the firm’s chief sales officer before being promoted to president in June 2021, left the group in late September, according to a spokesperson.” That […]

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