Osaka Securities Exchange investors tell company management to demand more-bigger-better in the pending deal with TSE. NYSE-Euronext declares its interest in creating a full-on clearing service in London. The MF Global bankruptcy trustee, after using ALL the fingers, believes the shortfall is now around $1.6 billion, given anticipated difficulty in clawing money back out of Europe. Rumors suggest that LCH.Clearnet is nearing an announcement regarding a change of ownership. In the top box, JLN announces a new video service: John Lothian Productions; and JLN Metals and JLN FX newsletters and blogs find new editors in Nicole Rohr and Jon Matte, respectively.

Observations – Statistics – Commentary

John Lothian News Personnel Changes
by John J. Lothian

I am pleased to announce the following promotions and role changes at John Lothian News.

Nicole V. Rohr and Jon Matte are assuming new roles for John Lothian News. Nicole, a 2010 graduate from the masters program at the Medill School of Journalism at Northwestern University, has been promoted to editor and producer and editor of JLN Metals. As the new editor of JLN Metals, she replaces Alan DiNovo who left the firm.

Jon Matte will take on the role of editor of JLN FX. Matte is currently John J. Lothian & Company, Inc. chief operating officer and associate editor of the flagship John Lothian Newsletter. Jon, a former Commodity Trading Advisor and futures broker, will be assisted by JLN Editor at Large Doug Ashburn and Contributing Editor Jeff Bergstrom.

Jeff, who holds a journalism degree from Drake University, also serves as Chief Information Officer for the company. He will also continue to contribute to JLN Options and now JLN Metals as well.

Nicole’s role at the company continues to progress and develop. She was hired as an intern in 2011 to help Doug Ashburn develop MarketsReformWiki and has become involved in nearly all aspects of John Lothian News, including video production and editing, MarketsWiki editing and enterprise reporting for the John Lothian Newsletter.

Jon, who developed a currency trading model that I acquired when I bought his CTA business back in 2004, is a MarketsWiki co-founder.

We all thank Alan DiNovo for his contributions to John Lothian News over the last year and wish him well.

Also, JLN Metals is now freely available for any firm or exchange to become a sponsor. We previously had an exclusive sponsorship deal with NYSE Liffe US. The exclusive portion of that deal ended at the end of January. If you are interested in becoming a sponsor of JLN Metals, or any of our publications or websites, please contact me at johnlothian@johnlothian.com.

++++

Introducing John Lothian Productions

John J. Lothian & Company, Inc. is pleased to introduce a new division of the company focused on custom video production work. John Lothian Productions is now in operation producing custom videos and seeking new clients for this service.

After the introduction of MarketsWiki.tv from John Lothian News in May of 2011 and the successful run of the MarketsWiki Questions: Exploring Financial Technologies series, we were approached by several clients and sponsors to shoot, edit and produce custom videos for them. John Lothian Productions was created for this express interest, and is separate from our news organization.

Additionally, with dedicated video facilities in our new offices in the Chicago Board of Trade Building, we now have the studio at the ready to shoot video for John Lothian News or John Lothian Productions.

One of our first offerings aimed at Brokerages, Commodity Trading Advisors and others is video profiles. We believe the customer experience for brokers and CTAs would be enhanced by them having online video profiles to share with clients.

As an example of this new service, we shot a video profile of our own Jim Kharouf. Jim is president of John Lothian News and its Editor in Chief. He sat down in our new studio with our head of video production Patrick Lothian and JLN Editor and Producer Nicole V. Rohr for this profile: http://blip.tv/johnlothianproductions/jln-profile-of-jim-kharouf-5920929.

If you are interested in this new service, please contact me at johnlothian@johnlothian.com.

++++

Analysis: CME Group prepares to slim super-sized board
By Ann Saphir and Tom Polansek – Reuters
CME Group Inc‘s super-sized board of directors is about to go on a diet, but the results are going to take a while to show.
http://jlne.ws/xw5IO9

**** Jenny Craig here we come.

++++

Quick View: A NYSE-LCH alliance?
By Jeremy Grant – Financial Times
Duncan Niederauer says he did have a Plan B all along. The chief executive of NYSE Euronext revealed on Friday that a team led by Larry Leibowitz, chief operating officer, had been working on a range of initiatives that could be sprung into life if the Deutsche Börse deal failed.
http://jlne.ws/wjr5Ze

**** First there was plan DB, then Plan B.

++++

MF Global: It’s Not Over Until It’s Over
Francine McKenna – Forbes
Despite several reports over the last few weeks to the contrary, I don’t believe the missing client assets at MF Global have “vaporized” nor do I believe the trail to the truth – and civil or criminal prosecutions – has gone cold. What has disappeared is any will on the part of regulators and prosecutors to act on the information staring them in the face.
http://jlne.ws/x8kJ0v

**** They need a pair of vegetables, to quote “Red Solo Cup.”

++++

FIA January 2012 US/December 2011
International Monthly Volume and Open Interest Reports
http://jlne.ws/as3iYF

++++

Liquidnet Europe Appoints Exchange Leader Patrick Young As Non-Executive Director
Press Release
Liquidnet, the global institutional trading network, today announced the appointment of Patrick Young as Non-Executive Director of Liquidnet Europe. In this role, he will provide strategic counsel to Liquidnet as it continues to expand its business across the region and further expand its exchange partnership strategy globally.
http://jlne.ws/wATctv

**** Patrick Young is a one-man capital markets revolution.

++++

David Nuelle of Hun Investments to HTG Capital Partners
David Nuelle and the entire domestic options trading division of Hun Investments has joined HTG Capital Partners. As part of the transaction, Hun has made an investment in HTG. David can be reached at DNuelle@htgcap.com.

++++

Making Shareholders Liable for Big Banks – Economic View
New York Times
Expanding the liability of shareholders in financial institutions now deemed “too big to fail” may be a better solution than splitting up the companies.
http://jlne.ws/wlas59

++++

SEC Said to Look at Smaller Firms in Review of Private Equity Valuations
By Joshua Gallu and Cristina Alesci – Bloomberg
The U.S. Securities and Exchange Commission’s review of how private equity firms value assets and market their funds is so far looking at mainly smaller firms, omitting some of the industry’s largest, publicly traded companies, said a person familiar with the inquiry.
http://jlne.ws/wfU3HB

++++

#FedValentines
By BINYAMIN APPELBAUM – NY Times
It would appear that even economists can’t resist the lure of Valentine’s Day. The Twitterverse has been sparkling for several hours now with #FedValentines, love notes written in the language of central banking. And for once, it would appear that the rest of the world can’t resist the lure of economics: The topic is among the most popular subjects of conversation on Twitter right now.
http://jlne.ws/yd6Pba

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Time for Cash to Cash Out?
By DAVID WOLMAN – WSJ
There are no atheists in the modern economy. You may not have God or Buddha in your life, but you very much have faith—in money. I don’t mean that you worship money in the greed-is-good sense. No, you have faith in its value. Your trust in it depends on everyone else’s, which means that our faith in money’s value is really about trust in each other—a belief in shared purpose, or at least a shared hallucination.
http://jlne.ws/yT7N7K

**** I like cash.

++++

MarketsWiki Page of the Day
China Financial Futures Exchange (CFFEX)
http://jlne.ws/x5v9A6

++++

MarketsWiki Recent Updates

People

Nicole V. Rohr; Jeffrey Bergstrom; Jonathan Matte; Paul Stephens; John Dempsey; Eric Frait; Max Colas

Companies, Organizations and Groups

China Financial Futures Exchange; Catalys

Products

MarketsWiki.tv; MarketsReformWiki.com; John Lothian Newsletter; Environmental Markets Newsletter; JLN Metals; JLN Interest Rates; JLN Options; JLN Managed Futures

Miscellaneous

The History of MarketsWiki; Upcoming Events

Statistics

19,364,450 pages viewed, 6,695 articles, 136,992 edits
MarketsWiki Statistics
_______________________________________________________

Lead Stories

Opposition to Japanese Bourses Tie-Up Mounts
By Ben McLannahan in Tokyo – Financial Times
Investors in the Osaka Securities Exchange are challenging management to push for better merger terms from the Tokyo Stock Exchange, in a rare outbreak of shareholder activism in Japan.
http://jlne.ws/A1CGvD

NYSE sets ‘full service’ clearing house for London
By Telis Demos in New York and Philip Stafford and Jeremy Grant in London – Financial Times
NYSE Euronext has pledged to make building up a “full service” clearing house in London a priority as the US-exchange operator sought to draw a line under its failed tie-up with Deutsche Börse.
http://jlne.ws/y4MEp9

MF Global Trustee Sees $1.6 Billion Customer Shortfall
By BEN PROTESS – NY Times
MF Global commodity customers whose cash vanished when the firm collapsed last year are owed $1.6 billion — up significantly from previous estimates — the trustee tasked with recovering the money said on Friday. The revised figure reflects growing concerns that the trustee will not be able to claw back $700 million in customer money trapped overseas.
http://jlne.ws/zuTgfI

Superfast trading heads to Malaysia
By Jeremy Grant in London – Financial Times
Malaysia is set to let high-frequency traders into its share markets after the country’s main exchange, Bursa Malaysia, said it was preparing to allow the ultra-fast style of dealing later this year. The move is a sign that high-frequency trading, which uses computers to trade in and out of shares and other asset classes at the blink of an eye, is spreading to equity markets in Asia.
http://jlne.ws/w9Vcdd

LCH.Clearnet/LSE talks near endgame
By Jeremy Grant in London – Financial Times
LCH.Clearnet is expected to make an announcement “shortly” on months of talks with the London Stock Exchange that could see the UK bourse taking a controlling stake, the Anglo-French clearing house’s chief executive said on Friday.
http://jlne.ws/A9mkQR

LCH.Clearnet Exclusive Discussions
Press Release
LCH.Clearnet Group Limited confirms that it continues to be in exclusive discussions with London Stock Exchange Group plc regarding a possible transaction. There can be no certainty that the discussions will result in any transaction.
http://jlne.ws/zBii07

Greek Parliament Passes Austerity Plan as Riots Rage
Pittsburgh Post-Gazette
ATHENS — After violent protests left dozens of buildings aflame in Athens, the Greek Parliament voted early on Monday to approve a package of harsh austerity measures demanded by the country’s foreign lenders in exchange for new loans to keep Greece from defaulting on its debt.
http://jlne.ws/yO8oER

China says Europe debt crisis is now ‘critical’
AFP via Yahoo! News
Europe’s debt crisis has reached a “critical juncture”, Beijing said on Monday, a day ahead of talks between Chinese leaders and European Union officials.
http://jlne.ws/zZjahn

Bankers arrested in UK tax fraud probe
By Daniel Schäfer in London – Financial Times
Tax authorities have arrested a number of investment bankers at Royal Bank of Scotland and other banks in an inquiry into alleged fraud.
http://jlne.ws/xZe6wd

Draghi’s $158 Billion Free Lunch to Boost European Bank Profits
BusinessWeek
Banks are benefiting from a European Central Bank subsidy that could reach 120 billion euros ($158 billion), enough to pay every bonus at financial firms in London for the next 24 years at today’s levels.
http://jlne.ws/wyqiAR

Georges Ugeux: Is the European Central Bank Playing With Fire?
The Huffington Post
Never in the history has so much money been poured in the direction of banks, most of which don’t need it. It is becoming clear that European banks will use it, not to boost the economy, but to manage their balance sheet.
http://jlne.ws/xPlE3l

Environmental Trading News

Japan Adds to Supply of Kyoto CO2 Offsets Faster Than AAUs
Bloomberg
Japan last year added to its stockpile of United Nations emission offsets at a faster pace than Assigned Amount Units, suggesting the nation or its emitters have not started swapping the credits for cheaper AAUs.
http://jlne.ws/zJxdpU

26 countries jointly boycott EU ‘carbon tax’
China’s People’s Daily Overseas Edition
According to a report, 26 countries, including China, the United States, Russia and India, will hold a meeting in Moscow on Feb. 21 to discuss about dealing with the European Union’s unilateral Aviation Carbon Emission Trading System.
http://jlne.ws/zbDdt2

A Carbon Allowance in Every Pot
The New York Times
Imagine carbon allowances as a playground commodity, like the marbles and baseball cards of earlier generations.That’s a subset of an idea from Ian Gough, a researcher at the London School of Economics.
http://jlne.ws/xZhPPk

THE REPORT:
By Ian Gough for the UN Research Institute for Social Development
http://jlne.ws/AxpGY1

For more environmental trading news, subscribe to the Environmental Markets version of the John Lothian Newsletter edited by Jim Kharouf.
Visit http://www.jlnenvironmental.com to subscribe.

Exchange & ECN News

NYSE Outlines Growth Path After Failed Merger Effort
By Jacob Bunge Of DOW JONES NEWSWIRES
The top executive of NYSE Euronext (NYX) on Friday sought to play down near-term threats to the exchange company’s business and direct investors’ attention toward renewed growth plans, on the heels of the Big Board’s scuttled merger plan with Deutsche Boerse AG (DB1.XE, DBOEF).
http://jlne.ws/vZFD7g

NYSE Sees More Dealmaking In Standalone Strategy
By Jacob Bunge Of DOW JONES NEWSWIRES
The top executive of NYSE Euronext said Friday further dealmaking remains on the table as the Big Board parent looks to bulk up technology and trading services in the wake of its scuttled merger with Deutsche Boerse AG.
http://jlne.ws/wlSa5I

ICE’s Sprecher: Global Exchange Deals Can Still Be Done
By Jacob Bunge Of DOW JONES NEWSWIRES
The top executive of IntercontinentalExchange Inc. (ICE) said that it was still possible for exchange companies to do major cross-border mergers, though satisfying a myriad of constituencies in the process has proven extremely tricky.
http://jlne.ws/AfTwot

NYSE Euronext Has Contingency Plan For Euro Breakup–CFO
By Jacob Bunge Of DOW JONES NEWSWIRES
NYSE Euronext (NYX) has drawn up contingency plans for its European markets in the event of an upheaval in the euro currency, a senior executive said Friday. The Big Board parent isn’t preparing for an imminent dissolution of the 17-nation currency regime, but has in place steps that could be taken to migrate business in products that are tied to the euro.
http://jlne.ws/zTIMKB

Expansion of the German equity option product suite
Eurex: The international derivatives market Eurex Exchange introduced new equity options on 17 shares last Friday, 10 February 2012. 14 of the new options are based on shares which belong to the German mid-cap index MDAX.
http://jlne.ws/xS0hyt

NASDAQ OMX to Deliver OTC Clearing and Risk-Management System to Poland’s Leading Clearing House
STOCKHOLM, Sweden, Feb. 13, 2012 (GLOBE NEWSWIRE) — The NASDAQ OMX Group, Inc (Nasdaq:NDAQ) today announced that it has been selected to deliver a risk management solution to KDPW_CCP, Poland’s primary securities clearing house and CCP (Central Counterparty).
http://jlne.ws/xFuzpS

MICEX-RTS Stock Exchange Launches A Futures Contract On RDRs On United Company RUSAL Plc Stocks
Press Release
http://jlne.ws/xSulTA

London Stock Exchange Announces RNS Customer Consultation Process
Press Release
London Stock Exchange today announces that it has begun a detailed customer consultation process in respect of its Regulatory News Service, RNS.
http://jlne.ws/ytTGAs

LCH.Clearnet to gain from market reforms
By Jeremy Grant – Financial Times
Ask Ian Axe about the business he inherited last year and he answers with a biblical reference. “It was a bit of a Noah’s Ark. There were two of everything,” says the chief executive of LCH.Clearnet, the London-based clearing house.
http://jlne.ws/xmJ8Iy

LCH.Clearnet Group Limited Results 2011
http://jlne.ws/yMy4os

Chicago Stock Exchange gets broader post-MF Global powers
Crain’s Chicago Business
(Crain’s) -Spurred by the MF Global debacle, the Securities and Exchange Commission has given the exchange more authority to suspend a firm’s trading privileges immediately.
http://jlne.ws/wwifxa

NZX Salutes Lloyd Morrison
Press Release
http://jlne.ws/wyXhBN

January 2012 FIF Market Share And Market Dynamics Reports – Executive Summary
Press Release
http://jlne.ws/wm6Y1Z

Burgundy Monthly Report January 2012
Press Release
http://jlne.ws/wVzFy0

TOM MTF Statistics Week 6, 2012
Press Release
http://jlne.ws/A2B6wY

[CBOE] Trader E-News
http://jlne.ws/w242Cz

Thomson Reuters Global Equities Monthly Market Share Data Updated To Reflect December 2011 Activity
Press Release
http://jlne.ws/wLteIl

Banks, Brokers & Dark Pools

Penson Worldwide, Inc. Appoints Robert S. Basso as Independent Director
Business Wire via Yahoo! Finance
The Board of Directors of Penson Worldwide, Inc. announced the appointment of Robert S. Basso, 66, a highly experienced securities industry executive with extensive knowledge of the clearing business, as an independent Director effective February 9, 2012.
http://jlne.ws/xKiotl

DealBook: Senior Goldman Executive Is Said to Be Set to Retire
New York Times
George N. Mattson, a partner and a top producer for the company is set to retire, according to people briefed on the matter, joining a growing number of high-level executives who have left the bank.
http://jlne.ws/yPgYyU

UBS Announces the Retirement of Senator Phil Gramm as Vice Chairman of the Investment Bank
Business Wire via Yahoo! Finance
UBS today announced that Senator Phil Gramm has retired from the bank but will continue to support the bank as a consultant.
http://jlne.ws/yx1qYB

The Deal Is Done, but Hold the Applause
By GRETCHEN MORGENSON – NY Times
FIVE big banks finally reached a deal with government authorities last week over dubious mortgage practices and foreclosure abuses.
http://jlne.ws/xjQFPo

RBS Said to Dismiss Bankers as Libor Probe Expands to Brokers
BusinessWeek
Royal Bank of Scotland Group Plc, the U.K.’s largest government-owned lender, dismissed at least four employees in connection with a probe of potential interest- rate manipulation, two people briefed on the move said.
http://jlne.ws/zZ9lNh

Australia’s ANZ bank to slash 1,000 jobs
AFP via Yahoo! News
ANZ Bank Monday said it will slash some 1,000 jobs in response to a tougher global environment as profits are squeezed by higher funding costs and lower demand for financial services.
http://jlne.ws/wTkydq

Goldman Sachs To Raise Up To $334 Million From Sale Of 9.5 Million Shares In Korea’s Hana Financial
Dow Jones
Goldman Sachs Group Inc (GS) is selling 9.5 million shares in Hana Financial Group (086790.SE) in a block trade that could raise between KRW368 billion and KRW375 billion ($328 million-$334 million), according to a term sheet seen by Dow Jones Newswires.
http://jlne.ws/ywdzTN

UBS Denies Helping U.S. in Tax Probes of Other Banks
Accounting Today
Swiss bank UBS sought to distance itself from a U.S. investigation of rival Swiss private banks on Thursday, saying that it did not hand over data on rival banks directly to U.S. officials when it settled a U.S. crackdown on taxpayers holding secret offshore accounts two years ago.
http://jlne.ws/Awem7Z

Deutsche Bank Says Strauss Named Head of Global Communications
BusinessWeek
Deutsche Bank AG said Thorsten Strauss, 44, will join Germany’s biggest bank March 1 and succeed Stefan Baron as global head of communications from June.
http://jlne.ws/zq5NCv

Deutsche Suspends Creations On 7 ETNs
Nasdaq
Deutsche Bank, the sponsor behind PowerShares DB exchange-traded products, is suspending creations, effective immediately, on seven futures-based commodity ETNs in that product family that together have more than $40 million in assets in part to stay ahead of potential problems related to changing position-limit regulations.
http://jlne.ws/xXm2ZE

E*TRADE Financial Appoints Rodger A. Lawson and Rebecca Saeger to Board of Directors
Business Wire via Yahoo! Finance
E*TRADE Financial Corporation today announced Rodger A. Lawson and Rebecca Saeger have been appointed to the Company’s Board of Directors effective February 10, 2012.
http://jlne.ws/z5R5nB

Stephen Hester deserves a bonus for good language
By Lucy Kellaway – Financial Times
Last Monday, after writing a column about a ludicrous ethical statement printed on the back of a menu in the UBS client dining room, I got a message from a reader complaining that it is too easy to mock such hyperbole and disingenuity from bankers. Why didn’t I ever write an article analysing a great piece of communication instead?
http://jlne.ws/z6TJR2

Regulatory News

The SEC News Digest
The SEC News Digest provides daily information on recent Commission actions, including enforcement proceedings, rule filings, policy statements, and upcoming Commission meetings.
http://www.sec.gov/news/digest/2012/dig021312.htm

Private Equity Industry Attracts S.E.C. Scrutiny
By PETER LATTMAN – NY Times
In recent years, the private equity industry has escaped much of the regulatory scrutiny that has been directed toward hedge funds and Wall Street banks. But that appears to be changing.
http://jlne.ws/yaPSor

Review Of EU Financial Markets Legislation Has A Significant Impact On Data Protection
Press Release
The European Data Protection Supervisor (EDPS) today published a package of four opinions on Commission proposals for the reform of the financial sector in the EU. The four proposals all concern monitoring of financial data, which has a significant impact on the fundamental right to protection of personal data.
http://jlne.ws/AsS8KN

High-Frequency Traders May Win EU Reprieve
BusinessWeek
The European Parliament may scrap European Commission plans to avert flash crashes by forcing firms that trade with algorithms to continue trading all day
http://jlne.ws/xe4X8b

A brighter view of banking under Volcker
By Tracy Alloway in New York – Financial Times
Some 1,400 questions. A total of 298 pages. One proposal. Monday is the deadline for financial market participants to submit final responses to the Volcker rule, the eponymous legislation aimed at banning speculative trading at commercial banks. The authorities can expect a deluge of feedback.
http://jlne.ws/zX8ALM

U.S. Is Asked to Review Bankruptcy Bonuses
BY MIKE SPECTOR AND TOM MCGINTY – WSJ
The top Republican on the Senate Judiciary Committee asked Attorney General Eric Holder to examine the Justice Department’s efforts to enforce a law limiting executive pay in certain bankruptcy cases.
http://jlne.ws/zwxNG2

Obama seeks $308 million budget for CFTC
By Christopher Doering | Reuters
WASHINGTON (Reuters) – The White House will propose a budget for the U.S. futures regulator of $308 million for fiscal year 2013, a funding increase to help the agency implement new financial reforms and investigate the collapse of MF Global, according to an official with knowledge of document.
http://jlne.ws/yyGxsV

For SEC, investigating insider trading in Congress presents complications
Washington Post
Financial regulators have built an elaborate computer apparatus to scan stock markets for signs of insider trading , but the radar isn’t pointed at Congress. Instead, it is designed to detect more conventional forms of insider trading – a corporate lawyer acting on advance word of a merger or an accountant leaking details about a company’s earnings . A senator who calls his broker after …
http://jlne.ws/ymmEgN

Louis Freeh, Ex-FBI Chief, Taps Old Skills in New Job
BY DEVLIN BARRETT – WSJ
Louis Freeh is a big name who likes to keep his business small. After eight years as director of the Federal Bureau of Investigation, Mr. Freeh now runs his own investigative firm and law practice, Freeh Group International Solutions LLC.
http://jlne.ws/zZZzof

SEC Charges California Hedge Fund Manager Connected to Galleon Insider Trading Case
Washington, D.C., Feb. 10, 2012 — The Securities and Exchange Commission today charged a hedge fund manager and his Menlo Park, Calif.-based firm for their involvement in the insider trading ring connected to Raj Rajaratnam and hedge fund advisory firm Galleon Management.
http://jlne.ws/zVF9YX

The AMF updates the list of unauthorised websites offering binary options trading
http://jlne.ws/wPuu0D

CSA publishes findings and recommendations for the segregation and portability of customer positions and related collateral in over-the-counter derivatives clearing [CSA]
http://jlne.ws/y00zfw

Investments – Indexes – Managed Futures – Managed Funds

‘Co-Co’ Debt Finds Favor in Euro Zone
BY SARA SCHAEFER MUÑOZ AND PATRICIA KOWSMANN – WSJ
A new breed of bank debt that turns into equity if a lender hits trouble is becoming the instrument of choice for some Southern European governments as they prop up their ailing banks.
http://jlne.ws/zIttxq

Hedge Fund Manager Charged With Insider Trading
International Business Times
A California-based hedge fund manager surrendered to FBI agents on insider-trading charges on Friday, the latest in a series of cases brought by the U.S. government in recent years against money managers and traders.
http://jlne.ws/zID1Y7

How Listening To Warren Buffett Can Be Dangerous For Your Portfolio
John Hempton, Bronte Capital – Business Insider
Warren Buffett recently wrote an article in Fortune (a cut from his forthcoming shareholder letter) which explains why he prefers owning businesses (either outright or through the stock market) than owning currency based investments (bonds, cash) or gold.
http://jlne.ws/ycI0ev

Crisis in Japan Transforms Global Natural-Gas Market
BY MARI IWATA AND PETER LANDERS – WSJ
Just as the U.S. is preparing to crank up sales of its vast natural-gas supplies abroad, the global market is being reshaped by Japan—which is suddenly retreating from nuclear power after last year’s earthquake.
http://jlne.ws/wxmDEb

Texas Drought Expected to Hit Cotton Production
BY LESLIE JOSEPHS – WSJ
FORT WORTH, Texas—U.S. farmers are expected to plant 13.6 million acres of cotton this spring, down 7.5% from last year amid lower prices for the fiber, while poor weather threatens production, an industry group said.
http://jlne.ws/x17aXJ

Drippy No More
Once viewed as filler for mass-market brands, Brazilian coffee is hot. A look at its sweet and nutty charms
BY KATY MCLAUGHLIN – WSJ
James Freeman, owner of the roaster and Oakland, Calif.-based cafe chain Blue Bottle Coffee Company, just got back from a coffee-buying spree in Brazil. He visited a family-run coffee farm and bought beans he calls “velvety,” “beautiful” and “voluptuous.” He will soon begin selling the coffee for about $20 a pound, the same price as his best Ethiopian beans.
http://jlne.ws/yp45Zq

CalPERS Changes Board Committee Line-Up
Press Release
http://jlne.ws/yR10w5

Standard & Poor’s Announces Changes In The S&P/TSX Canadian Indices
Press Release
http://jlne.ws/yOR0nt

Standard & Poor’s Announces the Semi-Annual Review of the S&P/TSX Venture 30 Index
Press Release
http://jlne.ws/wWA6Dx

MICEX-RTS Indices Weekly Review
Press Release
http://jlne.ws/wBZEPR

Trade Me To Replace Methven Limited In The NZX 50 Index
Press Release
http://jlne.ws/znnE60

Technology News

Notice to attend Orc Group AB’s (publ) Extraordinary General Meeting (1)
The shareholders of Orc Group AB (publ), reg. no. 556313-4583, are hereby invited to attend the Extraordinary General Meeting to be held on Monday 12 March 2012 at 1.00 p.m. (CET) at the offices of Orc Group AB (publ), at Kungsgatan 36, 5th floor, Stockholm, Sweden. Registration will commence at 12.30 p.m. (CET).
http://jlne.ws/xud4RM

MarketPrizm Hires Experienced Industry Executive Jon Yates As Head Of Sales And Marketing As It Continues Its Commercial Expansion In EMEA And APAC
Press Release
MarketPrizm, a leading provider of market data and trading infrastructure services today announced the appointment of Jon Yates as Head of Sales and Marketing.
http://jlne.ws/Am2Y42

Media News

Disruptions: So Many Apologies, So Much Data Mining
By NICK BILTON
Path, the mobile social network, has apologized for mining personal data, but the privacy violation is yet another indication of Silicon Valley’s lack of concern about its protection of customers and their personal data.
http://jlne.ws/ww3sUy

Reports

Briefing.com Economic Calendar
http://www.briefing.com/Investor/Public/MarketAnalysis/Calendars/EconomicCalendar.htm

USDA Today
http://www.nass.usda.gov/Publications/index.asp

CBOE Events Calendar
http://www.cboe.com/AboutCBOE/EventCalendar.aspx

Economic Release Calendar
The Economic Release Calendar (PDF) is a schedule of government, academic and industry economic releases, provided as a service to CME customers.
http://www.cmegroup.com/tools-information/calendars/

Asia-Pacific News

Green light for Nomura mainland move
By Paul J Davies in Hong Kong – Financial Times
Nomura has won regulatory approval to take over a finance company from GE Capital’s China business, the first step in the Japanese bank’s attempt to launch banking products into the mainland Chinese market.
http://jlne.ws/y7yABh

MarketPrizm Announces The Launch Of PrizmNet Asia In Q1, 2012 – Pan Asian Ultra Low Latency Trading Infrastructure Service Will Connect Japan, Australia And Singapore Markets Initially
Press Release
http://jlne.ws/wRPXeI

SGX welcomes HSBC as new Member
Singapore Exchange (SGX) said The Hongkong and Shanghai Banking Corporation Limited (HSBC) has joined its derivatives market as a Trading and Clearing Member.
http://jlne.ws/wfoV65

First RMB ETF To Debut At HKEx
Press Release
Hong Kong Exchanges and Clearing Limited (HKEx) welcomes the pending listing of the first Exchange Traded Fund (ETF) to be traded in RMB on The Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of HKEx, tomorrow (Tuesday) when Hang Seng Investment Management Limited (HSIM) lists its Hang Seng RMB Gold ETF.
http://jlne.ws/ytcn36

Analysis:China offshore yuan market booms even as yuan bets fade
By Saikat Chatterjee – Reuters
HONG KONG (Reuters) – Three years after China launched its most ambitious experiment yet to give its currency more global clout, some market watchers are writing its epitaph, saying Beijing is not loosening its grip on the yuan fast enough to attract sustained interest.
http://jlne.ws/wExNqI

Jim Rogers or Jim Chanos: which billionaire investor is right about China?
Nasdaq
Jim Rogers says that China will ease itself through rough economic times, much like it did in 2008. Jim Chanos sees the entire Chinese banking system as ready to collapse as it is built
http://jlne.ws/wnr0m4

Hong Kong Mercantile Exchange Surpasses One Million Contract Mark – Exchange Turnover Hits US$50 Billion
Press Release
http://jlne.ws/AuTno5

Hong Kong’s Securities And Futures Commission Concludes Short Position Reporting Rules
Press Release
http://jlne.ws/wFdr2J

Professor Michael Brennan Appointed Monetary Authority Of Singapore Term Professor In Economics And Finance At The National University Of Singapore
Press Release
http://jlne.ws/zPAqsp

Tokyo Commodity Exchange: Good Delivery Material Price Differential For February 2012 Rubber Contract
Press Release
http://jlne.ws/Alg8bz

Frontier Markets

Tehran Stock Exchange Bulletin January 2012
Press Release
http://jlne.ws/ys7rCk

Dubai Gold & Commodities Exchange Weekly Market Commentary – February 12, 2012
Press Release
http://jlne.ws/xOommz

Malawi Stock Exchange Weekly Report – Week Ending 10th February, 2012
Press Release
http://jlne.ws/y2P5hZ

Miscellaneous News

For Once, a Bank Run Is a Good Thing
By KEVIN ROOSE – NY Times
Wall Street bankers are used to living and working in Manhattan skyscrapers. But unless the power goes out, most aren’t used to taking the stairs. On Wednesday night, they did just that as part of the 35th annual Empire State Building Run-Up, a charity event that had more than 600 people racing up the 1,576 stairs of the tallest building in New York in support of a multitude of charities and nonprofit organizations.
http://jlne.ws/yADq6s

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