After a prolonged drive to be the fastest to execute trades, more exchange operators are experimenting with speed bumps, or fractional delays in orders to trade stocks, as a new way to bolster liquidity.
Tech / HFT
Nothing Learned from the CFTC Bullying a Win in the Thakkar Case
If Jitesh Thakkar loses his case brought by the Enforcement Division of the CFTC, it will not be because the facts in the case are damning against him. It will be because the CFTC has bled Thakkar and his family and friends dry of the financial resources and the will to persevere. It will be because the CFTC’s tactic of drawing out the process and the costs for deposing him, former employees and even customers became too much for Thakkar to endure.
A Renaissance in clearing – John Davidson of the OCC
John Davidson, chief executive officer of the OCC, discussed how the clearer is revamping its entire system, replacing its legacy clearing technology with the new Renaissance initiative, which will operate in the public cloud.
The transition to data solutions and commercial hedging tools: CQG’s Ryan Moroney
JLN FIA EXPO 2019 INDUSTRY LEADER SERIES At FIA Expo 2019, CQG President Ryan Moroney spoke with JLN about CQG's evolution from a products-based company to a "solutions-based" company 40 years in, and how its values- and ethics-based culture...
Risk Management, Analytics and Parallel Processing: Tom Watson of Hanweck
Tom Watson, head of sales at Hanweck, sat down with JLN at FIA Expo to talk about Hanweck’s branching out into international markets and margin analytics and how GPU-based computing is changing the industry landscape.
Cloud-based collateral management’s profound impact on the financial industry: CloudMargin’s Karl Wyborn
CloudMargin’s Karl Wyborn, the London-based company’s newly appointed global head of business development, sat down with John Lothian News at FIA Expo 2019 to explain how the deployment of cloud technology has begun to change the industry.
Metadata, AI, and monitoring global risks: Predata’s Hazem Dawani
At FIA Expo 2019, Predata CEO Hazem Dawani explained metadata and how his company uses it to monitor the economic, social and security risks of more than 180 countries. Metadata allows the company to alert customers as to patterns and anomalous behavior early on that later lead to major events or shifts in online interests.
Building New Markets: Matt Trudeau of ErisX
What does it take to build a new market? Matt Trudeau’s a good person to ask – he’s done it 12 times now, and he shared his experience with JLN during FIA Expo 2019.
Market Expansion, Data Solutions and Software as a Service: Trading Technologies’ Rick Lane, Part I
JLN FIA EXPO 2019 Industry Leader SeriesRick Lane, Chairman and CEO of Trading Technologies, sat down with JLN at FIA Expo 2019 to talk about market expansion and rebuilding at TT. He explains how TT is using its software as a service platform to try to...
Trading Technologies’ CEO Discusses the Jitesh Thakkar Case and Its Impact on the Trading Industry: Rick Lane Part II
JLN FIA EXPO 2019 Industry Leader SeriesAt FIA Expo 2019, TT's Rick Lane tells JLN that the Jitesh Thakkar case has already added cost to running businesses like TT. Tech firms have to invest in making sure that when they build bespoke solutions for...
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.
A Swiss-Army API: Rival Systems’ Rob D’Arco at FIA Expo 2019
How do you build a platform that provides all the data a trading firm could want, while keeping it as stable and accessible as possible? Rob D’Arco joined us at FIA Expo 2019 in late October to explain how Rival Systems tries to keep up with the needs of clients trading in an increasingly complex global market.
A Cost-Benefit Analysis of the CFTC Case Against Jitesh Thakkar, Part 2
The Cost to the MarketsIf there was a new prescriptive regulation from the CFTC that said every line of code written for any trading software must be documented as to its purpose and intent, there would be a hew and cry from the industry about the cost versus benefit...
A Cost-Benefit Analysis of the CFTC Case Against Jitesh Thakkar, Part I
Cost-benefit analysis is an important part of the regulatory process and even more so after Dodd-Frank became the law of the land. The CFTC does not have an unlimited budget, though it is attempting to throw the legal version of the kitchen sink at Jitesh...
John Lothian Newsletter
Today’s Newsletter
SEC Decision on 4 p.m. Closing Trades Deals Blow to NYSE, Nasdaq; The new kings of the bond market
First Read Cboe Wraps Up Tech Migration, Expands in Products and in Europe Suzanne Cosgrove - John Lothian News With its multi year technology migration finally wrapped up, Cboe Global Markets is returning its focus in 2020 to the expansion of...
We visit more than 100 websites daily for financial news (Would YOU do that?)
JLN Options Newsletter
Today’s Newsletter
Options Markets Brace for Election Volatility; Super Tuesday Hedging Shows Up in Volatility Curves
Observations & Insight Cboe Wraps Up Tech Migration, Expands In Products And In Europe Suzanne Cosgrove - John Lothian News With its multi year technology migration finally wrapped up, Cboe Global Markets is returning its focus in 2020 to...
Everything you need to know about Options Today