Environmental Social and Governance

Former CFTC Commissioner Dawn Stump Discusses Crypto, Carbon Markets, and the Future of Trading at FIA EXPO 2023

Former CFTC Commissioner Dawn Stump Discusses Crypto, Carbon Markets, and the Future of Trading at FIA EXPO 2023

At FIA EXPO 2023, John Lothian News interviewed former CFTC Commissioner Dawn Stump, the head of Stump Strategic. In the sit-down, Stump was probed on several critical matters central to the futures industry and the larger financial landscape.

The notable lack of cryptocurrency discussions in the conference’s schedule and presence in the exhibit space didn’t go unnoticed. Stump was directly questioned about her perspective on the current condition of the crypto world, especially as the industry is looking at potential regulatory changes influencing the trajectory of digital assets.

Patrick Birley, obituary

Patrick Birley, obituary

Patrick Birley, the former CEO of NEX Exchange, LCH.Clearnet, the Climate Exchange and SAFEX and devoted father to his three daughters, passed away on 25 October.

Patrick’s career in finance spanned more than 30 years and established him as one of the industry’s great innovators, pioneering the development of electronic trading and carbon credits.

Paula DiPerna’s Inherent Contradiction and Paradox Book: Pricing the Priceless

Paula DiPerna’s Inherent Contradiction and Paradox Book: Pricing the Priceless

Author Paula DiPerna has been in the room where it happened with such luminaries as Jacques-Yves Cousteau, Richard Sandor and George W. Bush. She was inspired by Sandor to try to do something to deal with climate change after hearing him at an event after the Rio Summit.

As the president of the Joyce Foundation in Chicago, she helped Sandor start the Chicago Climate Exchange and served on the CCX board and as president of CCX – International.

HOU is the Domestic Crude Oil Benchmark on the Move

HOU is the Domestic Crude Oil Benchmark on the Move

Jeff Barbuto is trying to build a new benchmark in U.S. domestic crude oil at Intercontinental Exchange, where he has worked for 21 years running oil and is now the head of global oil markets. The benchmark is HOU, the Midland WTI contract for the Gulf Coast first started five years ago with the help of Magellan Midstream Partners.

Barbuto’s efforts to start building the new benchmark started 10 to 15 years ago as issues with supply gluts at Cushing, OK encouraged a solution to move oil from the middle of the country to the Gulf Coast.

In 2011, the Brent-WTI spread went negative for the first time, after running at about a two-dollar premium for the West Texas Intermediate the North Sea Brent crude over, Barbuto said. WTI would go as much at $25 below Brent in 2011 because of supply gluts in Cushing as more Canadian crude oil made its way to Cushing and more pipelines of crude were coming up to Cushing but not having an outlet, Barbuto said.

WFE CEO Nandini Sukumar speaks with JLN about ESG progress at the World Federation of Exchanges, the WFE’s new green equity principles, and the difference between sustainability and ESG

WFE CEO Nandini Sukumar speaks with JLN about ESG progress at the World Federation of Exchanges, the WFE’s new green equity principles, and the difference between sustainability and ESG

John Lothian News interviewed Nandini Sukumar, Chief Executive Officer at the World Federation of Exchanges (WFE), about the findings of the WFE’s 9th Sustainability Survey of Exchanges. First, Sukumar discussed the WFE’s process for conducting the survey and its findings, which reflect the many ways that exchanges have increased their activity in the sustainability and ESG areas.

Contango CEO Clive Furness on AI, volatility, and ESG in the commodities space

Contango CEO Clive Furness on AI, volatility, and ESG in the commodities space

John Lothian News Correspondent Julie Ros caught up with Contango CEO Clive Furness right after he had moderated a panel at FIA IDX London 2023 called “The Great Debate.” The debate was on the question of whether AI will spell the end of our markets as we know them. Furness said the two “fantastic” teams debated with much humor. The motion was defeated, meaning the house did not believe AI would end markets as we know them. Nevertheless, there are still important questions that need to be addressed, Furness said.

WH Trading Spawned a Social Justice Phenomenon in My Hood, My Block, My City

WH Trading Spawned a Social Justice Phenomenon in My Hood, My Block, My City

At a recent meeting of the social justice committee at my church, St. Peter’s UCC in Elmhurst, IL, I was asked to look into the organization My Hood, My Block, My City. While perusing the organization’s website I noted the board chairman listed at the time was Will Hobert of principal trading group WH Trading.

I did not know Hobert, but knew of him and WH Trading, so I figured he was my in to learn more about M3, as the organization is called. After connecting with Hobert, I asked if he would do an interview; he suggested a joint interview with him and Jahmal Cole, the founder of M3.

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Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China

Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China

First Read Hits & Takes John Lothian & JLN Staff Today is GivingTuesday. According to the official GivingTuesday website, "GivingTuesday was created in 2012 as a simple idea: a day that encourages people to do good." I encourage you to make a donation to your...

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The Spread

Goldman Says Sharp Drop in Volatility Is Opportunity for Hedging

Observations & Insight Nasdaq's Kevin Kennedy Discusses GEMX Launch on AWS Cloud, Highlights Latency Improvements and Future Cloud Migration Plans JohnLothianNews.com Nasdaq has been moving its markets to the cloud, and it recently announced GEMX had moved to its...

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