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.
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.
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.
Lead Stories Bond Traders Hedge Prospect That This May Be Fed's Final Hike; Fed swaps price in chance of a March pause after 25bp Feb move; Traders wade into SOFR options to hedge dovish Fed scenarios Edward Bolingbroke and Michael Mackenzie - Bloomberg With...
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 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, 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.
Lead Stories Hedge funds push yen options bets to next BoJ meeting Joe Parsons and Ben St. Clair - Risk.net (Subscription) Hedge funds speculating on the yen's reaction to possible changes in the Bank of Japan's interest rate regime have rolled their bets to the...
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.
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 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.
The SEC has charged Genesis Global Trading, along with the Winklevoss Twins' Gemini, with operating an illegal lending service that lost customers millions.
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 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.
Editor-in-Chief
SarahRudolph@JohnLothian.com MarketsWiki Profile
Sarah Rudolph is Editor-in-Chief at John Lothian News. She is a Chicago-based journalist who has concentrated on financial services. She joined John Lothian News in 2008.