First Read Hits & Takes John Lothian & JLN Staff Those of you who partook of the holiday, I hope you had a very nice Thanksgiving, with good food, family, friends and lots of pumpkin pie. Welcome to Black Friday, which used to have a much different meaning. One of the first uses of Black […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Elon Musk is a piker compared to DRW’s Don Wilson. Musk has called for eliminating the Consumer Financial Protection Bureau, Bloomberg reported. But Wilson, the newly minted FIA Futures Hall of Fame member, is calling for the elimination of the U.S. Securities and Exchange Commission, […]
Read articleFirst 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 articleFirst 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 articleFirst Read Hits & Takes John Lothian & JLN Staff As expected, SEC Chairman Gary Gensler announced he will step down on January 20th ahead of the inauguration of President-elect Donald Trump. In an interview with John Lothian News at FIA EXPO, which you can watch HERE, CFTC Chairman Rostin Behnam said he would work […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff FIA EXPO wrapped up yesterday without a gala or fundraising event at the end as had been the custom in previous years, particularly before the pandemic. Instead I headed to a cocktail party put on by CCP Global where I tried to solve some problems […]
Read articleFirst 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 articleFirst Read Hits & Takes John Lothian & JLN Staff With the move by President Biden to allow Ukraine to use U.S. missiles inside Russia, and Ukraine wasting no time in trying out this new policy, Russia’s Vladimir Putin raised the stakes by lowering the Russian protocols for using nuclear weapons. What we need is […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff Welcome to FIA EXPO Week, and WFE General Annual Meeting Week, and CME Group‘s GFLC Week and Benzinga’s Future of Digital Assets ’24 conference day. It is a busy week one way or another for many people in the derivatives and capital markets. JLN will […]
Read articleFirst 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 articleFirst 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 articleFirst 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 articleFirst 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 articleFirst 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 articleELMHURST, 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 articleFirst 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 articleFirst 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 articleFirst Read Hits & Takes John Lothian & JLN Staff We came so very close to hitting our target of 1000 YouTube subscribers yesterday. Thank you to everyone who subscribed to the John Lothian News YouTube Channel, which reached 995 subscribers as of this morning, a net gain of 18 subscribers. As I wrote, we […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff I did it. I drove the 14 hours (it took me 15) from Valdosta, GA to Elmhurst from Friday to early Saturday morning, arriving at 3:30 a.m. safe and sound. It is nice to be back home, though I will return to Florida to complete […]
Read articleFirst Read Hits & Takes John Lothian & JLN Staff The biggest U.S. futures exchange by volume yesterday was ForecastEx. Volume is a traditional measure of size and ForecastEx traded 32.815 million pairs or contracts yesterday on 108.5 thousand trades. It has been quite the week for the event prediction exchange as on Tuesday volume […]
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