Posts written by Sarah Rudolph

Ethereum (ETH)

Ethereum (ETH)

Two former MIT student brothers allegedly stole $25 million in 12 seconds by tampering with the Ethereum blockchain in a novel cryptocurrency scheme, according to an indictment from the US Department of Justice unsealed Wednesday.

Salim Ramji

Salim Ramji

Salim Ramji, a former BlackRock executive, was appointed as the next chief executive of Vanguard, starting in July, Vanguard said Tuesday. He is the first outsider to lead the firm.  

Kaitlin Meyer

Kaitlin Meyer

Kaitlin Meyer is starting a new position as chief commercial officer at MIAX Futures, she shared on LinkedIn. She was previously vice president of marketing and sales for MIAX.

Singapore Exchange Limited

Singapore Exchange Limited

SGX FX realigned its CNH FX futures contracts to help global market participants improve risk management processes across OTC and futures, focusing on risk exposures between FX futures settlement and OTC FX spot prices.

Cboe Global Markets, Inc.

Cboe Global Markets, Inc.

Cboe Global Markets and Metaurus Advisors announced plans to launch 3 new equity indexes in 2024: the Cboe US Large Cap 100 Index, the Cboe US Large Cap Lead 50 Index, and the Cboe US Large Cap Lag 50 Index.

JPMorgan Chase & Co.

JPMorgan Chase & Co.

JPMorgan's Australia arm was fined A$775,000 ($509,252.50) for allowing suspicious client orders to be placed on wheat futures trading designed to manipulate the market, ASIC said on Thursday.

EDX Markets

EDX Markets

EDX Markets announced the launch of its settlement platform, EDXM Global. GSR and Virtu Financial were the first firms to use the new platform for trade settlement.

Robinhood

Robinhood

Robinhood warned on Monday that the SEC had sent its crypto unit a Wells notice, which warns a company of an impending lawsuit.

Bryan Harkins

Bryan Harkins

Bryan Harkins was appointed president of IEX Group, Inc., IEX announced in a press release on Friday, May 3.  IEX also promoted its co-founder, Ronan Ryan, to COO and Florian Seifferer to chief strategy officer.

Consolidated Audit Trail

Consolidated Audit Trail

The SEC is in the final stages of launching the Consolidated Audit Trail (CAT) after 14 years of debate, but Citadel Securities and other Wall Street firms are suing to have the CAT declared illegal, allying with Republicans in Congress.

Ted Kaouk

Ted Kaouk

The Commodity Futures Trading Commission named Ted Kaouk as its first chief artificial intelligence officer, responding to the Biden administration’s push to govern the use of AI across the federal government.

Bank of America Corp.

Bank of America Corp.

Bank of America has joined skeptics warning about the boom in ETFs that use options to spur yields, saying such products often end up with worse results than simpler alternatives.

TMX Group Inc.

TMX Group Inc.

TMX Group and Clearstream launched the new Canadian Collateral Management Service (CCMS), which facilitates the optimization and collateralization of securities finance activities throughout the Canadian market.

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.