Posts written by Sarah Rudolph

ICE Futures Europe

ICE Futures Europe

Intercontinental Exchange will open a parallel natural gas market in London with futures and options on the benchmark Dutch Title Transfer Facility offered on ICE Futures Europe starting Feb. 20., potentially luring trading away from the EU, Bloomberg reported.

Roger Ver

Roger Ver

Genesis is suing Roger Ver, known to some as “Bitcoin Jesus," for more than $20 million, alleging that he failed to settle cryptocurrency options transactions that expired in December 2022.

Clouty

Clouty

Chicago-based Clouty, a startup that has created a tradeable index of global streaming music sales, is in early discussions with US exchanges about launching futures linked to individual genres, artists and songs, FT reports.

BlackRock Inc.

BlackRock Inc.

BlackRock’s iShares ETF arm beat its arch-rival Vanguard with more net flows than Vanguard's ETFs in 2022, according to Morningstar. Both of the companies' inflows were down from the previous year, FT reported.

Abaxx Exchange

Abaxx Exchange

Abaxx Exchange has submitted specifications for LNG futures contracts with the Monetary Authority of Singapore. Abaxx has also published a white paper advocating physically settled commodities benchmarks.

John J. Ray III

John J. Ray III

John J. Ray III, FTX’s new chief executive, said he is exploring the possibility of restarting the bankrupt crypto exchange as he works to return money to FTX’s customers and creditors, The Wall Street Journal reported.  

CoinDesk

CoinDesk

CoinDesk is reportedly exploring a possible sale after its owner Digital Currency Group was shaken by the implosion of the crypto exchange FTX. CoinDesk has hired Lazard to advise it in the matter.  

MiFID II

MiFID II

Trade associations including EFAMA, BVI, EFSA and NSA have issued an open letter warning the EU that it must update MiFID II in order to remain competitive amid rising data costs.   

Euronext

Euronext

Euronext will move part of its derivatives clearing business from a subsidiary of the London Stock Exchange Group to Milan, Italy in 2024, ending a dispute with LSEG.

Genesis Global Trading

Genesis Global Trading

The SEC has charged Genesis Global Trading, along with the Winklevoss Twins' Gemini, with operating an illegal lending service that lost customers millions.

Chicago Board of Trade Building

Chicago Board of Trade Building

The New York investment company Apollo Global Management has taken control of the distressed Chicago Board of Trade Building and hired a Chicago developer to revamp it.    

The Winklevoss Twins

The Winklevoss Twins

The Winklevoss twins are feuding with Genesis Global owner Barry Silbert over the twins' Gemini Earn program, which lent crypto to Genesis. Fallout from the collapse of FTX led to Genesis owing Gemini Earn customers $900 million.

Sarah Rudolph

Sarah Rudolph

Editor-in-Chief

SarahRudolph@JohnLothian.com MarketsWiki Profile

Sarah Rudolph is Editor-in-Chief at John Lothian NewsShe is a Chicago-based journalist who has concentrated on financial services. She joined John Lothian News in 2008.

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