Posts written by Sarah Rudolph

Machine Learning in the Back Office: Bikram Singh of EZOPS

Machine Learning in the Back Office: Bikram Singh of EZOPS

At FIA Expo 2019, Bikram Singh, the founder and CEO of EZOPS, talked with JLN about his company’s mission to apply machine learning in the post-trade process. Machine learning has been used in the front office for a while, but he says EZOPS uses it to maximize operational efficiencies to help the C-Suite minimize the time and resources spend dealing with reconciliation and managing data quality and correct “bad” data at its source.

Robert Litterman

Robert Litterman

Robert Litterman, a founding partner of Kepos Capital and a member of OCC’s Board of Directors, was appointed chairman of the Commodity Futures Trading Commission’s newly-established Climate-Related Market Risk Subcommittee.

B3

B3

CME Group plans to begin trading cash-settled Brazilian soybean futures with Brazil's B3 exchange, giving traders a new hedging tool for disruptions in the flow of beans resulting from the U.S.-China trade war, Bloomberg reported, citing anonymous sources.

Hong Kong Exchanges and Clearing Ltd

Hong Kong Exchanges and Clearing Ltd

Hong Kong Exchanges & Clearing Ltd.’s (HKEX's) shares fell 2.1% on Wednesday (down 4.7% for the week) because of worry that the continuing unrest in the city will cripple trading volume, which has fallen as many traders work from home.  

European Energy Exchange AG

European Energy Exchange AG

The European Energy Exchange (EEX Group) reached an agreement with Nasdaq Futures, Inc. (NFX) to acquire its futures and options exchange business, including the portfolio of open interest in NFX contracts. The transaction continues EEX's expansion into the U.S....

Intercontinental Exchange

Intercontinental Exchange

The Intercontinental Exchange announced it will launch a new exchange in Abu Dhabi in the first half of 2020. The exchange, called Ice Futures Abu Dhabi, will host the first futures contract based on the state oil company’s Murban crude. Abu Dhabi National Oil Company...

Back in Court with Bcause – Year End Report

Back in Court with Bcause – Year End Report

Wednesday was the last hearing scheduled for this year for the Bcause bankruptcy. The next court date is January 7 when the bankruptcy trustee’s disposition of Bcause’s remaining “asset,” the spot market, will be presented to the court. 

Paxos

Paxos

Last week, the Securities and Exchange Commission greenlit a pilot project led by Paxos in which blockchain will be used to settle trades in a limited number of stocks. The project hopes to construct a faster and cheaper way to process stock trades, potential...

Bermuda Stock Exchange

Bermuda Stock Exchange

Miami International Holdings, the parent company of the MIAX, MIAX Pearl and MIAX Emerald options exchanges, has acquired a controlling interest in the Bermuda Stock Exchange.

U.S. Securities and Exchange Commission

U.S. Securities and Exchange Commission

The U.S. Securities and Exchange Commission (SEC) on Tuesday voted 3-2 along partisan lines to propose two rules that would set new limits on shareholders’ ability to call for corporate changes on issues like climate change disclosures and executive compensation. Both...

Euronext Dublin

Euronext Dublin

Euronext has launched a new Green Bonds offering across its six regulated markets. The initiative is operated out of Euronext Dublin and is designed to promote more sustainable investment in Europe.

MEMX

MEMX

MEMX, the member-owned equities exchange established by a number of large institutions to compete with  exchange operators Nasdaq and NYSE, is planning to go live in the middle of next year, according to an SEC filing.

Mark Hemsley

Mark Hemsley

Mark Hemsley will retire as president of CBOE Europe, the region’s largest share trading venue. He plans to step down in February 2020 after 11 years with the company. He will be replaced by David Howson, CBOE Europe’s chief operating officer.

Trading Technologies

Trading Technologies

Trading Technologies International announced the hiring of two new executives, Russ Cotton as chief operating officer and Craig Mohan as chief growth officer. Both hires will start work in November.

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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