Your guide to the happenings in derivatives markets and trading since 2000
John Lothian Newsletter
Today’s Newsletter
Charles Schwab to Buy TD Ameritrade for $26 Billion, Reports Say
First Read Hits & Takes By JLN Staff Today's MarketsWiki Education Open Outcry Traders History Project series video is of Jeff Bernacchi, a CME member and former member of the CME Group board of directors who recently retired from the board...
We visit more than 100 websites daily for financial news (Would YOU do that?)
JLN Options Newsletter
Today’s Newsletter
End of Libor Creates Uncertainty for CME’s Giant Eurodollar Market; Bets on a Strong Pound Are Getting in the Way of a Strong Pound
Lead Stories End of Libor Creates Uncertainty for CME's Giant Eurodollar Market Alexander Osipovich - WSJ The clock is ticking on a huge futures market where nearly $3 trillion changes hands on an average day. Eurodollar futures, which let...
Everything you need to know about Options Today
Lead Stories
Exchanges Powered By the Cloud: Connamara Systems’ Jim Downs at FIA Expo 2019
Jim Downs, founder and CEO of Connamara Systems, talked with JLN at FIA Expo 2019 about how the cloud can help minimize the impact of technology on the ability for entrepreneurs to start new exchanges.
Market Expansion, Data Solutions and Software as a Service: Trading Technologies’ Rick Lane, Part I
JLN FIA EXPO 2019 Industry Leader SeriesRick Lane, Chairman and CEO of Trading Technologies, sat down with JLN at FIA Expo 2019 to talk about market expansion and rebuilding at TT. He explains how TT is using its software as a service platform to try to...
MarketsWiki
Page of the day
The Charles Schwab Corporation
The Charles Schwab Corporation is in talks to acquire TD Ameritrade, one of its biggest rivals, Bloomberg reported. This news comes only a few weeks after Schwab announced that it would let customers trade stocks for free.
Crypto MarketsWiki
Page of the day
Canaan Creative
Canaan Creative sold $90 million worth of shares in its IPO – below its minimum goal – after losing its lead underwriter, Credit Suisse AG, this month.
John Lothian Newsletter
Today’s Newsletter
Charles Schwab to Buy TD Ameritrade for $26 Billion, Reports Say
First Read Hits & Takes By JLN Staff Today's MarketsWiki Education Open Outcry Traders History Project series video is of Jeff Bernacchi, a CME member and former member of the CME Group board of directors who recently retired from the board...
We visit more than 100 websites daily for financial news (Would YOU do that?)
JLN Options Newsletter
Today’s Newsletter
End of Libor Creates Uncertainty for CME’s Giant Eurodollar Market; Bets on a Strong Pound Are Getting in the Way of a Strong Pound
Lead Stories End of Libor Creates Uncertainty for CME's Giant Eurodollar Market Alexander Osipovich - WSJ The clock is ticking on a huge futures market where nearly $3 trillion changes hands on an average day. Eurodollar futures, which let...
Everything you need to know about Options Today
Lead Stories
Exchanges Powered By the Cloud: Connamara Systems’ Jim Downs at FIA Expo 2019
Jim Downs, founder and CEO of Connamara Systems, talked with JLN at FIA Expo 2019 about how the cloud can help minimize the impact of technology on the ability for entrepreneurs to start new exchanges.
Market Expansion, Data Solutions and Software as a Service: Trading Technologies’ Rick Lane, Part I
JLN FIA EXPO 2019 Industry Leader SeriesRick Lane, Chairman and CEO of Trading Technologies, sat down with JLN at FIA Expo 2019 to talk about market expansion and rebuilding at TT. He explains how TT is using its software as a service platform to try to...
Trading Technologies’ CEO Discusses the Jitesh Thakkar Case and Its Impact on the Trading Industry: Rick Lane Part II
JLN FIA EXPO 2019 Industry Leader SeriesAt FIA Expo 2019, TT's Rick Lane tells JLN that the Jitesh Thakkar case has already added cost to running businesses like TT. Tech firms have to invest in making sure that when they build bespoke solutions for...
Jeff Bernacchi – Open Outcry Traders History Project
MarketsWiki Education's Open Outcry Traders History ProjectJeff Bernacchi fell in love with futures trading on a trip to the exchange with his microeconomics class. He also recorded the best results in the class for paper trading. During college he was...
Taking low latency to the next level and rolling out in Asia: Vela Trading’s Ahmed Heikal
Vela Trading Product Manager Ahmed Heikal sat down with John Lothian News at FIA Expo 2019 to discuss some of the tech company’s latest initiatives, including the low-latency Ticker Plant appliance with FPGA card that he described as a...
Global Appeal: Tim McCourt of the CME Group
ESGs, S&P E-Minis, and Bitcoin Options – oh my! Tim McCourt stopped by the Eurex booth at FIA Expo 2019 to discuss how consumer demand has shaped the CME’s latest product offerings.
Donnie Roberts – Open Outcry Traders History Project
MarketsWiki Education's Open Outcry Traders History ProjectDonnie Roberts came to Chicago after graduating from graduate school with a love of futures and options trading. He chose Chicago over New York and London. He came to the visitor center of the...
Machine Learning in the Back Office: Bikram Singh of EZOPS
At FIA Expo 2019, Bikram Singh, the founder and CEO of EZOPS, talked with JLN about his company’s mission to apply machine learning in the post-trade process. Machine learning has been used in the front office for a while, but he says EZOPS uses it to maximize operational efficiencies to help the C-Suite minimize the time and resources spend dealing with reconciliation and managing data quality and correct “bad” data at its source.
The Weekend Update: November 11-15, 2019
JLN PRESS ROOM PICK OF THE WEEK Gary Sagui – Open Outcry Traders History Project Gary Sagui started his career at Harris Bank in foreign exchange, then moved to New York for a bond trading job at firm that later failed. However, a chance...
The Spread – For Cheddar or Worse
This week on The Spread: MIAX scores another legal win, Nasdaq raises fees to pay for upgrades they hope will give them a competitive edge, and the CME Group gets cheesy with new options and futures contracts.
A Swiss-Army API: Rival Systems’ Rob D’Arco at FIA Expo 2019
How do you build a platform that provides all the data a trading firm could want, while keeping it as stable and accessible as possible? Rob D’Arco joined us at FIA Expo 2019 in late October to explain how Rival Systems tries to keep up with the needs of clients trading in an increasingly complex global market.
Bill Dudley – Open Outcry Traders History Project
Bill Dudley sat for an interview for John Lothian News’ MarketsWiki Education Open Outcry Traders History Project.
A Cost-Benefit Analysis of the CFTC Case Against Jitesh Thakkar, Part 2
The Cost to the MarketsIf there was a new prescriptive regulation from the CFTC that said every line of code written for any trading software must be documented as to its purpose and intent, there would be a hew and cry from the industry about the cost versus benefit...
A Cost-Benefit Analysis of the CFTC Case Against Jitesh Thakkar, Part I
Cost-benefit analysis is an important part of the regulatory process and even more so after Dodd-Frank became the law of the land. The CFTC does not have an unlimited budget, though it is attempting to throw the legal version of the kitchen sink at Jitesh...
How to Keep a Close Eye on the Markets
Travis Schwab of Eventus Systems discusses the complex task of developing software to help fight market manipulation, while also maintaining the flexibility to meet the varying needs of a broad range of customers. Turns out it helps to have former employees from the types of firms that use these products working under the hood.
Trading Technologies’ CEO Discusses the Jitesh Thakkar Case and Its Impact on the Trading Industry: Rick Lane Part II
JLN FIA EXPO 2019 Industry Leader SeriesAt FIA Expo 2019, TT's Rick Lane tells JLN that the Jitesh Thakkar case has already added cost to running businesses like TT. Tech firms have to invest in making sure that when they build bespoke solutions for...
Jeff Bernacchi – Open Outcry Traders History Project
MarketsWiki Education's Open Outcry Traders History ProjectJeff Bernacchi fell in love with futures trading on a trip to the exchange with his microeconomics class. He also recorded the best results in the class for paper trading. During college he was...
Taking low latency to the next level and rolling out in Asia: Vela Trading’s Ahmed Heikal
Vela Trading Product Manager Ahmed Heikal sat down with John Lothian News at FIA Expo 2019 to discuss some of the tech company’s latest initiatives, including the low-latency Ticker Plant appliance with FPGA card that he described as a...
Global Appeal: Tim McCourt of the CME Group
ESGs, S&P E-Minis, and Bitcoin Options – oh my! Tim McCourt stopped by the Eurex booth at FIA Expo 2019 to discuss how consumer demand has shaped the CME’s latest product offerings.
Donnie Roberts – Open Outcry Traders History Project
MarketsWiki Education's Open Outcry Traders History ProjectDonnie Roberts came to Chicago after graduating from graduate school with a love of futures and options trading. He chose Chicago over New York and London. He came to the visitor center of the...
Machine Learning in the Back Office: Bikram Singh of EZOPS
At FIA Expo 2019, Bikram Singh, the founder and CEO of EZOPS, talked with JLN about his company’s mission to apply machine learning in the post-trade process. Machine learning has been used in the front office for a while, but he says EZOPS uses it to maximize operational efficiencies to help the C-Suite minimize the time and resources spend dealing with reconciliation and managing data quality and correct “bad” data at its source.
The Weekend Update: November 11-15, 2019
JLN PRESS ROOM PICK OF THE WEEK Gary Sagui – Open Outcry Traders History Project Gary Sagui started his career at Harris Bank in foreign exchange, then moved to New York for a bond trading job at firm that later failed. However, a chance...
The Spread – For Cheddar or Worse
This week on The Spread: MIAX scores another legal win, Nasdaq raises fees to pay for upgrades they hope will give them a competitive edge, and the CME Group gets cheesy with new options and futures contracts.
A Swiss-Army API: Rival Systems’ Rob D’Arco at FIA Expo 2019
How do you build a platform that provides all the data a trading firm could want, while keeping it as stable and accessible as possible? Rob D’Arco joined us at FIA Expo 2019 in late October to explain how Rival Systems tries to keep up with the needs of clients trading in an increasingly complex global market.
Bill Dudley – Open Outcry Traders History Project
Bill Dudley sat for an interview for John Lothian News’ MarketsWiki Education Open Outcry Traders History Project.
A Cost-Benefit Analysis of the CFTC Case Against Jitesh Thakkar, Part 2
The Cost to the MarketsIf there was a new prescriptive regulation from the CFTC that said every line of code written for any trading software must be documented as to its purpose and intent, there would be a hew and cry from the industry about the cost versus benefit...
A Cost-Benefit Analysis of the CFTC Case Against Jitesh Thakkar, Part I
Cost-benefit analysis is an important part of the regulatory process and even more so after Dodd-Frank became the law of the land. The CFTC does not have an unlimited budget, though it is attempting to throw the legal version of the kitchen sink at Jitesh...
How to Keep a Close Eye on the Markets
Travis Schwab of Eventus Systems discusses the complex task of developing software to help fight market manipulation, while also maintaining the flexibility to meet the varying needs of a broad range of customers. Turns out it helps to have former employees from the types of firms that use these products working under the hood.
Gary Sagui – Open Outcry Traders History Project
Gary Sagui started his career at Harris Bank in the foreign exchange, then moved to New York for a bond trading job at firm that later failed. However, a chance meeting at a cocktail party for the failed firm and Paine Webber, which took over his firm, introduced him to Bill Dudley.
The Spread: MIAX and BSX; Robinhood Infinite Leverage; VIX
MIAX acquires a controlling interest in BSX, the Bermuda Stock Exchange; a trader named MoonYachts manipulated a programming error in Robinhood to turn $2,000 into $1 million; and the VIX had a quiet week.
