This week on The Spread, a Virginia resident is ordered to pay $5 million for defrauding investors, the SEC considers index regulation, bitcoin options drive bitcoin’s price down, and more.
Fintech
Bradley Rotter – Open Outcry Traders History Project, Part One
Bradley Rotter has been a pioneer in financial futures, hedge fund investing and cryptocurrencies. He was on the trading floor of the Chicago Board of Trade when financial futures were just getting started. He convinced Merrill Lynch they needed a financial futures expert and was hired, then later moved to New York to work for EF Hutton before returning to Chicago to become the floor manager for AG Becker & Co. when bonds were first traded in the old South Room of the CBOT.
Catching up with Sterling Trading Tech on “Unprecedented” Trading
Sterling Trading Tech is one of the firms in the eye of the storm for the rise of retail equity and option traders. John Lothian News caught up with their president and head of risk management to talk about how they fared and how they continue to deal with the influx of retail customers and resulting trading activity in 2020 and 2021.
Taiwanese Bourse Suffers Worst Crash In Its History; SEC Sets Its Sights on Gamified Trading – The Spread
This week on The Spread, a major crash at the Taiwan Stock Exchange nets gains for bearish options bets, options traders bet on carbon, Nasdaq gets approved to launch VOLQ options, and more.
Tom Sosnoff – The Path to Electronic Trading – John Lothian News
Veteran Trader and Serial Entrepreneur Shares tastytrade and Thinkorswim Origin Stories Tom Sosnoff is a serial entrepreneur whose endeavors are transforming how people trade and understand the markets. Expanding on his success as an open outcry options trader on the...
JIm Krause: The Path to Electronic Trading
Former CME CIO Krause Recalls the History of CME Globex From the Beginning Jim Krause came to the futures industry from a job in temperature control and HVAC at a company called MCC Powers. He followed Don Serpico, his supervisor at MCC Powers, who had been hired by...
Credit Suisse Sued for Alleged Market Manipulation; OIC 2021 a Virtual Success – The Spread
This week on The Spread, Credit Suisse prepares for round two of a lawsuit alleging it committed market manipulation, a New York vol quant wins big on momentum trades, the OCC wins and gives awards, and more.
The CryptoMarketsWiki Podcast Episode 19: Coinbase Goes Public
In this episode of the CryptoMarketsWiki podcast, Matt and Thom discuss Coinbase’s recent debut as a publicly-traded company, as well as some updates about a company that wants to revitalize the U.S.’s struggling bitcoin mining industry.
OCC reduces clearing fees; Coinbase CEO sells $292 million worth of COIN shares – The Spread
This week on The Spread, major exchanges begin trading options on Coinbase stock, Eurex announces record volume for ESG derivatives, Gary Gensler is confirmed as head of the SEC, and more.
Tom Ascher – Open Outcry Traders History Project – Part Two
Quantitative Brokers' Executive Chairman Tom Ascher Recalls His Days Trading on Floor In Part Two of the JLN interview with Tom Ascher for the Open Outcry Traders History Project, Ascher talks about getting involved in exchange politics. He joined CBOE’s board and...
Options traders make gargantuan VIX options bet; FINRA gently reminds members to exercise “reasonable diligence” – The Spread
This week on The Spread, traders make a $40 million bet on VIX options, FINRA reminds its members to vet options trading accounts appropriately, MIAX announces a new partnership, and more.
Scott Knudsen – From Open Outcry to Electronic Trading to Trading the GOAT
Former IMC Trader and Executive Opens Up About Trading on the Floor, Off The Floor and Building the GOAT Trading System at IMC Scott Knudsen found his way to the world of trading by mistake on the online portal at the career center at the Northwestern University where...
Brendan Bradley Is No ESG Investing Dummy and He Has a Book to Prove It
First he co-wrote “FinTech For Dummies.” Now he has written “ESG Investing For Dummies.” John Lothian News interviewed Brendan Bradley over Zoom about his new book and the ESG space.
Scott Knudsen – The Path to Electronic Trading Led to a Best Execution Platform For Bitcoin
A Trader and Industry Executive Who Continues to Change with the Times. John Lothian News interviewed Scott Knudsen, the founder of Cove Markets and a longtime former executive with IMC, for The Path to Electronic Trading video series, but we broke off this part of...
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Today’s Newsletter
Crypto-based ‘shadow financial market’ spooks regulators
First Read $51,906/$300,000 (17.3%) ++++ Hits & Takes John Lothian & JLN Staff The Cboe received approval from the Dutch for their new European derivatives market to trade equity index derivatives. Their EuroCCP clearinghouse also received approval to clear...
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JLN Options Newsletter
Today’s Newsletter
VIX Plaintiffs Lose Bid to Unmask Traders Tied to 2018 Spike
Observations & Insight Larry Abrams - Open Outcry Traders History Project - Part 1 JohnLothianNews.com Larry Abrams' career started with a chance encounter on a ski lift which was prompted by a good deed. He and some friends helped to push a stranded car that was...
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