Environmental Social and Governance
Intercontinental Exchange Senior VP Trabue Bland Explores Market Innovations at FIA EXPO 2023
When the world changes, and needs a new market benchmark, ICE is there offering a solution. That was the message from ICE Senior Vice President Trabue Bland during a video interview at FIA EXPO 2023 with John Lothian News.
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, 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
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
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.
Credit Rating Research Specialist Daniel Cash on the complexity of rating ESG, the source of “woke-ism,” and why extra due diligence is necessary
John Lothian News talked with Daniel Cash, a credit rating research specialist and Reader in Law at Aston University, about credit ratings and the complexity of rating ESG. Cash described the origins and relative simplicity of existing credit ratings as well as the challenges of ESG ratings.
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
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.
TSX Venture Exchange Head Tim Babcock Expounds on TSX’s Venture Forward initiative to JLN
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...
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.
FTSE Russell Reconstitution Podcast Interview with Catherine Yoshimoto and Tim McCourt
John Lothian News interviewed Tim McCourt, Global Head of Financial and OTC Products at the CME Group and Catherine Yoshimoto, Director of Product Management for the Russell US Indexes, FTSE Russell about the June 23 FTSE Russell reconstitution.
Corinne Boone of ACX talks about the Chicago Climate Exchange and how market innovation happens
This is part 2 of our ESG-focused interview for John Lothian News with Corinne Boone, group head of Americas at AirCarbon Exchange, now known as ACX. In this interview, Boone talks about some market solutions from the past, the work of the Chicago Climate Exchange, how and why policy and regulation lead to market innovation, and how the carbon markets are evolving.
Carbon market pioneer Corinne Boone of ACX provides a short history of the carbon markets (part 1)
Sally Duros’s first ESG-focused video interview for John Lothian News is a discussion with Corinne Boone, group head of Americas at AirCarbon Exchange, now known as ACX. We are publishing it in two parts. In this part one interview, Boone provides a short history of the carbon markets and why they work.
AirCarbon’s Thomas McMahon talks with John Lothian News about how ACX meets local and global needs, and the future of the carbon markets
Thomas McMahon, co-founder and co-CEO of AirCarbon Exchange (ACX) talked with John Lothian News at the FIA International Futures Conference in Boca Raton, FL., about how ACX got its start, its local and global properties, and the policy-driven nature of the environmental markets.
Josh Sterling of Jones Day talks with John Lothian News about NFTs, DeFi, and the role banks play related to climate change
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.
Sponsors
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...
We visit more than 100 financial news websites daily (Would YOU do that?)
The Spread
A Deeper Dive into 0DTE Options trading: Jonathan Zaionz, Senior Derivatives Analyst at Cboe Global Markets and Author of “The Rise of SPX & 0DTE Options,” Discusses 0DTE and More in this Options Discovery Full Interview
In this Options Discovery full interview, Asma Awass speaks with Jonthan Zaionz, a senior derivatives analyst at Cboe Global Markets who recently had his paper, “The Rise of SPX & 0DTE Options” published.
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...