Posts written by Sarah Rudolph

Robert J. O’Brien, Sr.

Robert J. O’Brien, Sr.

R.J. O'Brien & Associates on Wednesday announced that the firm's Chairman Emeritus, Robert J. O'Brien, Sr., died January 4 at the age of 103.

Kerry Rooks

Kerry Rooks

Effective January 10, Kerry Rooks will join HKEX as its chief people officer, reporting to chief executive Nicolas Aguzin. She succeeds Paul Choi, who will pursue other career interests.

LIBOR

LIBOR

On Friday, December 31, most versions of the London Interbank Offered Rate (LIBOR) - with the exception of three-month U.S. dollar Libor - were published for the last time, as the work of integrating Libor replacements continues.  

ICE Benchmark Administration

ICE Benchmark Administration

Intercontinental Exchange announced that ICE Benchmark Administration plans to launch GBP SONIA Spread-Adjusted ICE Swap Rate for use as a benchmark in financial contracts and financial instruments by licensees on January 4, 2022.

Keith Todd

Keith Todd

Keith Todd, previously chairman and CEO of KRM22, became the CEO of Trading Technologies when it was acquired by the growth equity firm 7Ridge in December 2021.    

Borsa Istanbul

Borsa Istanbul

Borsa Istanbul, Turkey’s main stock exchange, halted trading on Friday with a temporary circuit breaker after its main Bist 100 index fell 5 per cent. The selling came as the Turkish lira fell to a fresh all-time low.

European Securities and Markets Authority

European Securities and Markets Authority

The European Securities and Markets Authority (ESMA) said Friday that the UK’s two biggest clearing houses, LCH and ICE Clear Europe, would continue to be recognized as “of substantial systemic importance” to the EU’s financial stability post-Brexit.

Summer K. Mersinger

Summer K. Mersinger

President Joseph Biden on Wednesday announced Summer Mersinger as a nominee for Commissioner of the Commodity Futures Trading Commission, along with Caroline Pham.

Erik Thedéen

Erik Thedéen

Erik Thedéen was appointed vice chair of the European Securities and Markets Authority (ESMA), to serve a 2½ year term effective immediately.  He replaces Anneli Tuominen, who completed her term.

Dawn Stump

Dawn Stump

Dawn DeBerry Stump, one of only two active commissioners at the Commodity Futures Trading Commission (CFTC), announced Thursday that she will not seek another five-year appointment when her current term ends in April 2022.

Don Wilson

Don Wilson

DRW founder Don Wilson is not happy with the switch from Libor to SOFR starting Jan. 1, 2022; Wilson thinks SOFR will do a poor job hedging risks in turbulent times, Bloomberg reported.

Sam Bankman-Fried

Sam Bankman-Fried

FTX Trading Chief Executive Sam Bankman-Fried was one of several cryptocurrency executives who testified before Congress Wednesday in a hearing called to improve regulators' and lawmakers' understanding of crypto assets.

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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