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Veteran Trader George Hanley Reflects on Trading Career and Family Legacy in Part Three of Open Outcry Traders History Project Interview

Veteran Trader George Hanley Reflects on Trading Career and Family Legacy in Part Three of Open Outcry Traders History Project Interview

In the third installment of the Open Outcry Traders History Project interview series, veteran trader George Hanley dives deeper into his trading career, family legacy, and the evolution of his business ventures. Conducted by John Lothian News for the MarketsWiki Education series, this segment offers a comprehensive look at Hanley’s experiences and insights from his time on the trading floors.

John Lothian: Week in Review (May 13-17, 2024)

John Lothian: Week in Review (May 13-17, 2024)

JLN PRESS ROOM PICK OF THE WEEK

MIT students stole $25M in seconds by exploiting ETH blockchain bug, DOJ says

Within approximately 12 seconds, two highly educated brothers allegedly stole $25 million by tampering with the ethereum blockchain in a never-before-seen cryptocurrency scheme, according to an indictment that the US Department of Justice unsealed Wednesday.

George Hanley Reflects on Trading Career in Second Interview Segment of Open Outcry Traders History Project Interview

George Hanley Reflects on Trading Career in Second Interview Segment of Open Outcry Traders History Project Interview

In the second part of the Open Outcry Traders History Project interview with veteran trader George Hanley for the MarketsWiki Education series, Hanley shares insights into his dynamic trading journey.

Hanley was trading every month of soybeans at the MidAm and he was one of the few people at the exchange who figured out how to trade the expiring contract and take delivery, if need be. He opened the necessary banking lines, and one time the last day before expiration, he bought the market limit down and sold it limit up because others were afraid to get caught and have to take delivery, he said.

Greenwood Project CEO Aims to Grow Minority Talent Pipeline for Finance

Greenwood Project CEO Aims to Grow Minority Talent Pipeline for Finance

May 17, 2024 — The Greenwood Project, a nonprofit that prepares minority college students for careers in financial services, is undergoing major changes under new CEO Kwesi Smith to significantly expand its reach and impact. 

Smith, who has two decades of experience as a research analyst and investor, took over leadership of the Chicago-based organization in 2023. He aims to transform Greenwood into the premier talent pipeline for Black and Latino students nationwide seeking high-trajectory finance careers, Smith told John Lothian News in a recent video interview.

Futures Discovery

Cost of Carry

Cost of Carry

In episode 8 of Futures Discovery, we’re looking into the cost of carry which is fundamental to making informed trading decisions. The cost of carry in futures trading refers to the expenses incurred for holding a futures contract over time, including interest rates, storage costs, and other factors. In this blog post, we’ll explore the intricacies of cost of carry and how it impacts futures pricing dynamics.

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Options Discovery

The JLN Daily Update

The JLN Newsletter turned into a daily podcast.

MW Page of the day

James “Jamie” Dimon

James “Jamie” Dimon

Jamie Dimon and other big bank CEOs succeeded in their attempts to press Fed governors, particularly Jerome Powell, to alter proposed capital rules so as to make them more favorable to the bankers.

Wildfires rage in Canada’s oil hub

First Read Hits & Takes John Lothian & JLN Staff Trading Technologies (TT) celebrated its 30th anniversary yesterday, marking three decades of pioneering advancements in electronic futures trading. Founded in 1994, TT initially revolutionized the industry with its...

Veteran Trader George Hanley Shares Family’s Legacy in Trading at CBOT in Open Outcry Traders History Project Interview

Veteran Trader George Hanley Shares Family’s Legacy in Trading at CBOT in Open Outcry Traders History Project Interview

May 16, 2024 — In an interview for the Open Outcry Traders History Project, veteran trader George Hanley recounted the rich history of his family’s involvement with the Chicago Board of Trade (CBOT). The interview, part one of three parts conducted by John Lothian News for the  MarketsWiki Education video series, explored the Hanley family’s deep-rooted connections to the trading world, dating back to the early 20th century.

Cboe’s Adam Inzirillo talks about Cboe’s data offerings and growth at FIA Boca

Cboe’s Adam Inzirillo talks about Cboe’s data offerings and growth at FIA Boca

Adam Inzirillo, the head of data and access solutions at Cboe, spoke to JLN at the FIA International Futures Industry Conference in Boca Raton, FL in March about his experience with electronic trading products before joining Cboe, the lessons he learned in his first months on the job, and the breadth of services Cboe is offering these days. Inzirillo talked with John Lothian News as part of the JLN Industry Leader video series sponsored by Wedbush.

Derek Haworth of BornTec Emphasizes Data Integrity and Operational Resilience at FIA Conference

Derek Haworth of BornTec Emphasizes Data Integrity and Operational Resilience at FIA Conference

In an interview with John Lothian News at the FIA International Futures Industry Conference in Boca Raton, FL, Derek Haworth, the founder and CTO of BornTec, underscored the importance of data integrity and operational resilience for firms in the futures industry.

Haworth stressed that having “bulletproof data” is key, stating, “If you have data that is safe, 90% useful and enriched, you’ll be able to use that data in some context. Take that bar up to 100% and the data becomes infinitely more useful.”

John Lothian: Week in Review (May 6-10, 2024)

John Lothian: Week in Review (May 6-10, 2024)

JLN PRESS ROOM PICK OF THE WEEK

FTX Customers Poised to Recover All Funds Lost in Collapse

Customers of the failed cryptocurrency exchange FTX are poised to recover all of the money they lost when the firm collapsed in 2022 and receive interest on top of it, the company’s bankruptcy lawyers said on Tuesday.

PanXchange founder Julie Lerner never gave up trying to deliver a commodity benchmark product

PanXchange founder Julie Lerner never gave up trying to deliver a commodity benchmark product

Julie Lerner, the creator and CEO of PanXchange, Inc., was forced to shut down the U.S. commodities platform in December 2023 after she was unable to secure the seven-figure balance expected from the funder. Lerner spoke with John Lothian about the inspiration for PanXchange and her struggles and successes launching several different commodity benchmark products, including sugar, hemp, frac sand, and carbon credits. 

John Lothian News Sponsors

Trading Technologies, TT, BitMEX, Chicago, bitcoin, cryptocurrency, derivatives, trading, fintech,
Trading Technologies, TT, BitMEX, Chicago, bitcoin, cryptocurrency, derivatives, trading, fintech,
Trading Technologies, TT, BitMEX, Chicago, bitcoin, cryptocurrency, derivatives, trading, fintech,
Trading Technologies, TT, BitMEX, Chicago, bitcoin, cryptocurrency, derivatives, trading, fintech,
Trading Technologies, TT, BitMEX, Chicago, bitcoin, cryptocurrency, derivatives, trading, fintech,
Trading Technologies, TT, BitMEX, Chicago, bitcoin, cryptocurrency, derivatives, trading, fintech,
Trading Technologies, TT, BitMEX, Chicago, bitcoin, cryptocurrency, derivatives, trading, fintech,
Trading Technologies, TT, BitMEX, Chicago, bitcoin, cryptocurrency, derivatives, trading, fintech,
Trading Technologies, TT, BitMEX, Chicago, bitcoin, cryptocurrency, derivatives, trading, fintech,
Trading Technologies, TT, BitMEX, Chicago, bitcoin, cryptocurrency, derivatives, trading, fintech,
Trading Technologies, TT, BitMEX, Chicago, bitcoin, cryptocurrency, derivatives, trading, fintech,
Veteran Trader George Hanley Shares Family’s Legacy in Trading at CBOT in Open Outcry Traders History Project Interview

Veteran Trader George Hanley Shares Family’s Legacy in Trading at CBOT in Open Outcry Traders History Project Interview

May 16, 2024 — In an interview for the Open Outcry Traders History Project, veteran trader George Hanley recounted the rich history of his family’s involvement with the Chicago Board of Trade (CBOT). The interview, part one of three parts conducted by John Lothian News for the  MarketsWiki Education video series, explored the Hanley family’s deep-rooted connections to the trading world, dating back to the early 20th century.

Cboe’s Adam Inzirillo talks about Cboe’s data offerings and growth at FIA Boca

Cboe’s Adam Inzirillo talks about Cboe’s data offerings and growth at FIA Boca

Adam Inzirillo, the head of data and access solutions at Cboe, spoke to JLN at the FIA International Futures Industry Conference in Boca Raton, FL in March about his experience with electronic trading products before joining Cboe, the lessons he learned in his first months on the job, and the breadth of services Cboe is offering these days. Inzirillo talked with John Lothian News as part of the JLN Industry Leader video series sponsored by Wedbush.

Derek Haworth of BornTec Emphasizes Data Integrity and Operational Resilience at FIA Conference

Derek Haworth of BornTec Emphasizes Data Integrity and Operational Resilience at FIA Conference

In an interview with John Lothian News at the FIA International Futures Industry Conference in Boca Raton, FL, Derek Haworth, the founder and CTO of BornTec, underscored the importance of data integrity and operational resilience for firms in the futures industry.

Haworth stressed that having “bulletproof data” is key, stating, “If you have data that is safe, 90% useful and enriched, you’ll be able to use that data in some context. Take that bar up to 100% and the data becomes infinitely more useful.”

John Lothian: Week in Review (May 6-10, 2024)

John Lothian: Week in Review (May 6-10, 2024)

JLN PRESS ROOM PICK OF THE WEEK

FTX Customers Poised to Recover All Funds Lost in Collapse

Customers of the failed cryptocurrency exchange FTX are poised to recover all of the money they lost when the firm collapsed in 2022 and receive interest on top of it, the company’s bankruptcy lawyers said on Tuesday.

PanXchange founder Julie Lerner never gave up trying to deliver a commodity benchmark product

PanXchange founder Julie Lerner never gave up trying to deliver a commodity benchmark product

Julie Lerner, the creator and CEO of PanXchange, Inc., was forced to shut down the U.S. commodities platform in December 2023 after she was unable to secure the seven-figure balance expected from the funder. Lerner spoke with John Lothian about the inspiration for PanXchange and her struggles and successes launching several different commodity benchmark products, including sugar, hemp, frac sand, and carbon credits. 

John Lothian: Week in Review (April 29-May 3, 2024)

John Lothian: Week in Review (April 29-May 3, 2024)

JLN PRESS ROOM PICK OF THE WEEK

Jane Street is big. Like, really, really big

As Jane Street’s lawsuit against Millennium and two former employees shows, Wall Street’s most profitable trading machine isn’t keen on letting its secrets slip out.

However, it has begun in recent years to supplement its capital with some debt, and lenders expect at least some disclosure. Thanks to MainFT’s Eric Platt, Alphaville has now got its mitts on the prospectus for its latest bond sale.