Tim Babcock, the vice president and head of the TSX Venture Exchange, was recently interviewed by John Lothian News about TSX's Venture Forward initiative, which is designed to strengthen Canada’s public venture market, the foundation of the country’s capital...
John Lothian News caught up to former ISDA CEO Bob Pickel at ISDA’s recent 37th Annual General Meeting in Chicago. Pickel is now consulting and sitting on boards during his post ISDA career, something that the Dodd-Frank Act was seemingly made for him for. JLN spoke to him about his career before ISDA and how he found his way to the organization and what he had done since he retired.
John Lothian News spoke with James Davies of Tacans last week about his company, a Web3-focused venture builder firm founded in 2021 by Matthias Nielsen and Lars Seier Christensen. Tacans is working on building trading applications for decentralized exchanges, where there is no centralized location but the exchange is made via smart contracts.
Josh Sterling, a partner with Jones Day specializing in commodities and derivatives law, spoke with John Lothian News about his work helping trading platforms address strategic enforcement, regulatory, and transactional matters.
NIck Baker is the deputy editor-in-chief of CoinDesk, which has about 100 people in its content operation, of which about 50 are journalists. Most work remotely from home, though CoinDesk does have a New York office. Like cryptocurrency, CoinDesk is decentralized, Baker said.
Mark Smith started his career at broker-dealer Edward Jones, became an entrepreneur and then after his second firm was purchased by Citi, he found himself working for the bank, which he found an eye-opening experience.
Copper.co’s Betty Sharples sat down with John Lothian News on the second day of FIA Boca 2022 to discuss industry growth, protecting digital assets, and her hope for regulatory solutions.
Betty Sharples is the business development director for the digital asset custodian Copper.co, which launched in 2018. Since its inception, Copper has provided custody, trading, and digital asset services across 450 crypto assets and over 40 different exchanges. Sharples said that Copper’s products and services all serve a purpose: to bring prime brokerage to the crypto space.
Eventus Systems’ CEO Travis Schwab has been coming to the FIA conference in Boca Raton for 20 years and said it was great to be back to seeing clients in person again this year. Schwab spoke with John Lothian News at the conference about Eventus’ marketing, regulatory and volatility challenges, and the burgeoning crypto field.
John Lothian News interviewed John Fildes of Bain & Company, Inc. of Australia at FIA Boca 2022 about the crypto space, exchange consolidation, payment for order flow and his perspective from down under. Fildes, who was formerly the CEO of Chi-X Australia, is now the capital markets practice lead and expert partner with Bain & Company.
Fildes weighed in on Jump Trading and the wormhole hack, Citadel’s getting into crypto and the 24/7 nature of the crypto business and its impact.
There is a new book out from Risk Books titled “Regtech, Suptech and Beyond.”
The book is a compendium of chapters addressing technology and innovation in regulatory and supervisory oversight in financial services. Different authors explore the emerging best practices in regulatory oversight and financial services that leverage technological solutions.
SEC Special Counsel Laura Harper Powell collaborated with the former President of ICE Trade Vault and current President and Founder of CoinReg Tech Bruce Tupper on a chapter in the book focusing on CFTC regtech implications for virtual currency trading.
Sam Bankman-Fried, the “richest person in crypto” according to Forbes Magazine, is the founder of FTX, a leading exchange for buying and selling crypto derivatives. John Lothian News spoke with him at FIA Expo 2021, where he talked about how the crypto space has grown and changed, crypto versus “traditional finance,” and the latest trends, including NFTs.
The story of FTX is, so far, a short but impressive one. As Brett Harrison tells it, the spot cryptocurrency exchange started only about a year ago. Now FTX does about $400 million in spot volume per day “and growing.” That’s after increasing the company’s user base by 50% in the last quarter.
But in an interview with John Lothian News at FIA Expo 2021, Harrison, the president of FTX, focused on the company’s larger ambitions. He noted that FTX recently acquired CFTC-regulated LedgerX, a clearinghouse and derivatives clearing organization (DCO), that it rebranded as FTX US Derivatives.The platform opens the door for FTX to offer crypto derivatives — futures and options — to its U.S. customers, he said.
Cryptocurrencies are often viewed as the Wild West with very little in the way of law or regulations. If there was one thing the Thursday FIA panel on crypto wanted everyone to know, that is far from the current reality. Significant regulatory obligations exist for those trading cryptocurrencies.
First Read Hits & Takes John Lothian & JLN Staff Cheryl and I are safely home from Bermuda and The World Federation of Exchanges Annual Meeting. We also celebrated our 34th wedding anniversary, so as the saying goes, happy wife, happy life. Now, back to work....
In this episode of Options Discovery, Asma Awass introduces equity option price behavior around earnings announcements. Alex Teng dives deeper into this topic with Callie Cox, a seasoned investment analyst and content creator from the “social-based” brThinkorswimm eToro.
Lead Stories OCC liquidity risk doubles to all-time high in Q2; Concentration of activity around June expiration responsible for record rise Joshua Walker - Risk.net The estimated largest payment obligation Options Clearing Corporation (OCC) could have faced had a...