LEAD FanDuel Lands FCM License, But CME Isn’t Involved Todd Shriber - Casino.org News FanDuel has secured a futures commission merchant (FCM) license through the National Futures Association, paving the way for the gaming giant to directly broker event contracts and...
First Read Hits & Takes John Lothian & JLN Staff This is not going to end well. A 23-karat gold-leaf statue depicting a naked Donald Trump, titled "The Orange Plague – King of Injustice," has been unveiled at the European Parliament in Strasbourg, Suha Kidwai...
LEAD A 30% Options Pop in Mere Minutes Shows Power of ‘Finfluencers’ Justina Lee - Bloomberg Shortly after the US stock market opened on May 7, 2025, a message landed in a Discord trading chat: “BTO “BTO $EBAY 72c 05/09 @0.30.” In options-trader shorthand, it was a...
First Read Hits & Takes John Lothian & JLN Staff Where the CME Group blinked, Kalshi thinked. Kalshi Inc. has filed a proposal with the Commodity Futures Trading Commission for a West Texas Intermediate (WTI) crude-linked perpetual futures contract, one that never...
OBSERVATIONS AI Discovery: How a Non-Technical Founder Built a Prop Trading Firm Using Claude AI JohnLothianNews.com Want to know how a non-technical founder used AI to build a prop trading firm from the ground up? We sat down with Melissa Footlick, the founder and...
First Read Hits & Takes John Lothian & JLN Staff If there is one thing I love it is exchange competition, especially in the precious metals markets. I have fond memories of the scorecard I kept in JLN to track CBOT's electronic assault on NYMEX open-outcry metals, and...
OBSERVATIONS The Options Clearing Corporation (OCC) announced that it will provide central counterparty clearing and settlement services for IEX Options, marking its first clearing relationship with Investors' Exchange LLC. IEX, which launched its new options venture...
First Read Hits & Takes John Lothian & JLN Staff The CME Group blinked on Friday in its conflict with the CFTC over the 10-barrel WTI crude oil futures contract and withdrew its filing for the new 24/7 retail-sized contract. Following conversations with...
OBSERVATIONS Cboe Global Markets is exploring the launch of perpetual futures tied to the Cboe Volatility Index (VIX) to allow investors to directly trade the index's cash level, a long-sought capability currently unavailable through existing VIX futures, options, or...
First Read Hits & Takes John Lothian & JLN Staff Cboe Global Markets is exploring the launch of perpetual futures tied to the Cboe Volatility Index (VIX) to allow investors to directly trade the index's cash level, a long-sought capability currently unavailable...
LEAD Cboe and S&P Dow Jones Indices Sign 25-Year Extension of Exclusive Licensing Agreement, Through 2051; Agreement extends Cboe's exclusive licensing rights for S&P 500 Index options through 2051 and creates new opportunities for innovation across next-generation...
First Read Hits & Takes John Lothian & JLN Staff Cboe Global Markets and S&P Dow Jones Indices (S&P DJI) announced on September 29 that they have signed a 25-year extension of their exclusive licensing agreement, securing Cboe’s exclusive rights to...
LEAD Soaring Yields Lead Traders to Snap Up Options on BlackRock ETFs Bernard Goyder and Silla Brush - Bloomberg Traders are piling into options tied to fixed-income ETFs at a record pace, in a rush to position portfolios with yields on 10-year and 30-year Treasuries...
First Read Hits & Takes John Lothian & JLN Staff The CFTC published its proposed rulemaking in the Federal Register. Here is the summary from the CFTC: The Commodity Futures Trading Commission (Commission or CFTC) is proposing amendments to its rules concerning event...
CIO & Editor
JeffBergstrom@JohnLothian.com MarketsWiki Profile
Jeff Bergstrom is an editor at John Lothian News and chief information officer of John J. Lothian & Company, Inc. Bergstrom is also a contributing editor of JLN Options and JLN Financials.