JLN Correspondent Julie Ros spoke with two executives from SGX, the Singapore Exchange, at FIA’s IDX Conference in London in June. Rama Pillai, managing director, global sales & origination, and KC Lam, head of FX and rates, talked about the changes they’ve seen with trading in Asia and the products their clients have been trading in the current environment.
JLN Correspondent Julie Ros talked to Derek Sammann, senior managing director and global head of commodities, options and international markets at CME Group, at the IDX conference in London in June. She asked Sammann about his reflections on the Future of Markets panel at IDX. He said that each of the panelists brought a different perspective to such topics as what grows markets and in particular “product development through the lens of client need.”
John Lothian News interviewed Tim McCourt, Global Head of Financial and OTC Products at the CME Group and Catherine Yoshimoto, Director of Product Management for the Russell US Indexes, FTSE Russell about the June 23 FTSE Russell reconstitution.
JLN spoke at FIA Boca 2023 with Lee Beng Hong, head of FICC at SGX Group in Singapore, about its initiatives over the past couple of years, which include the launch of an FX ECN in 2022, the acquisition of MaxxTrader, and other partnerships.
David Nealis, president of Eden Global Capital, sat down with John Lothian News for a video interview at FIA Boca 2022. Eden Global, a private investment firm based in the British Virgin Islands, is currently focused on the Vietnamese market, Nealis said.
“Vietnam will have about 8% GDP growth this year,” he said. “It reminds me of China 25 years ago.”
John Vaile had an aunt who invested in the stock market who bought Vaile some stock when he was 10 years old and that experience caused him to want to be a stockbroker. As a result, Vaile became a student of the market.
He went to a couple of different colleges in Illinois, then ended up in a program at Wharton for students who did not graduate from college.
Vaile was working for Morgan Stanley and living in Lake Geneva, WI, surrounded by friends in the futures markets and he wanted to get involved with what was happening. He said he badgered Morgan Stanley to get involved. They gave him permission, but he said he could see how long it would take for them to truly become involved and he did not have the patience for that.
Brian Hyndman was recently promoted to CEO of Blue Ocean Technologies, which has developed from a broker-dealer that matched buyers and sellers by phone during the overnight market hours to an ATS that allows Asian investors to trade U.S. stocks electronically during overnight market hours. Hyndman was recently interviewed by John Lothian News about Blue Ocean and his new role.
Hyndman, a longtime Nasdaq executive, joined Blue Ocean to help raise capital to grow the company. He was eventually asked to join Blue Ocean and run it. Before Hyndman joined, the company’s vision was to trade just ETFs; he extended it out to all NMS (National Market System) stocks. Today, Blue Ocean offers trading on more than 12,000 NMS stocks on its platform.
The Singapore Exchange (SGX) is the largest US dollar clearinghouse in Asia, and it is the largest RMB clearing house in the world outside of China. The work of SGX in 2022 is to maintain its position of fluency in dollars, euros, sterling and RMB, making sure access is open to participants from around the world, said Michael Syn, senior managing director and head of equities at SGX.
Loh Boon Chye, the CEO of the Singapore Exchange (SGX), sat down with John Lothian News at FIA Boca 2022 to talk about SGX’s moves in the ESG space, its investment in Trading Technologies, its links with the Shenzhen Stock Exchange and the CME, and its growing ETF and FX business.
John Lothian News interviewed John Fildes of Bain & Company, Inc. of Australia at FIA Boca 2022 about the crypto space, exchange consolidation, payment for order flow and his perspective from down under. Fildes, who was formerly the CEO of Chi-X Australia, is now the capital markets practice lead and expert partner with Bain & Company.
Fildes weighed in on Jump Trading and the wormhole hack, Citadel’s getting into crypto and the 24/7 nature of the crypto business and its impact.
Veteran Exchange Executive Gives Exclusive Video Interview to JLN Iwanaga Moriyuki, President and CEO of the Osaka Exchange (OSE), updated John Lothian News about several important exchange initiatives at Japan Exchange Group (JPX) in an interview over Zoom last week....
First Read Hits & Takes John Lothian & JLN Staff Cheryl and I are safely home from Bermuda and The World Federation of Exchanges Annual Meeting. We also celebrated our 34th wedding anniversary, so as the saying goes, happy wife, happy life. Now, back to work....
In this episode of Options Discovery, Asma Awass introduces equity option price behavior around earnings announcements. Alex Teng dives deeper into this topic with Callie Cox, a seasoned investment analyst and content creator from the “social-based” brThinkorswimm eToro.
Lead Stories OCC liquidity risk doubles to all-time high in Q2; Concentration of activity around June expiration responsible for record rise Joshua Walker - Risk.net The estimated largest payment obligation Options Clearing Corporation (OCC) could have faced had a...