It was a big year for FIS as the company brought two of its business lines together. In this video, FIS Group President of Post Trade Services Andrew Whyte talks about client trends and the firm’s roadmap for 2019.
First Read Richard Schaeffer Remembrances by Former Colleagues By John Lothian et al. JLN asked some former colleagues of Richard Schaeffer's to share some remembrances of him. We have collected ones from CME Executive Chairman & CEO Terry Duffy, former NYMEX CEO...
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JLN spoke to Luc Fortin, president of TMX’s Montreal Exchange, about its newest short term interest rate product, CORRA futures, which launched in June. CORRA is calculated by the Bank of Canada from transaction-level overnight repo rates.
Stepping away from the increasingly settled legal issues around spoofing, we see that business ethicists are also addressing the moral and economic dimensions of spoofing. When we spoke to market participants and experts, defendants of spoofing often analogized it to other trading practices or strategies that are admittedly deceptive.