Fintech
Nick Solinger Reflects on FIA Tech Role, Its Future and IDX Takeaways
In this JLN video interview from this year’s FIA IDX in London, JLN Correspondent Julie Ros talked to Nick Solinger, the president of FIA Technology Services, Inc. He offers a comprehensive overview of FIA Tech’s role within the industry, recent developments at FIA Tech, its future plans, and the impact of its participation in IDX.
FIA EXPO 2023 to Spotlight Artificial Intelligence
Walt Lukken, President & CEO of FIA (Futures Industry Association), revealed that artificial intelligence (AI) will take center stage at this year’s EXPO 2023 in an exclusive interview with John Lothian News. The Innovator’s Pavilion will showcase companies offering AI solutions aimed at enhancing market efficiency and functionality. Additionally, AI will be a prominent theme in panel discussions during the event.
Lukken highlighted the overwhelming interest in AI, stating that it was the most sought-after topic among queries sent to the EXPO steering committee before the event.
This year’s EXPO will commence on a Monday, a departure from previous years, with keynote speaker Jon Meacham addressing the audience. Meacham’s speech will delve into how history may assess the leadership qualities of today’s U.S. leaders, as Lukken explained.
EXCLUSIVE: JLN ICE House Vinnie Viola NYSE Interview by Josh King
ICE Chief Communications Officer Josh King has done it again, with an in-depth and rich ICE House interview, this time with former NYMEX Chairman and Virtu Founder Vinnie Viola. JLN was given an exclusive preview of the interview, which is to be published on Monday, August 28.
In his ICE House interviews, King, who is also the NYSE’s head of corporate affairs, is able to connect his own life with that of his interviewee in a way that sets up the interview perfectly. King’s interview is like none I had ever heard or seen with Viola before.
Liam Huxley Talks Cassini Systems and the Challenges Firms Face Holistically
John Lothian News interviewed Cassini Systems Founder & CEO Liam Huxley over Zoom recently and asked him about the origin of Cassini, the problems it was founded to solve and what is new. Huxley said Cassini is focused on its four pillars of an operating model, including margin optimization, collateral optimization and forecasting or stress testing. The fourth pillar is for firms to be able to manage liquidity and profitability.
ICE’s Chris Edmonds Expands on Crypto Commentary in JLN Video Interview
Last Friday John Lothian News interviewed ICE Chief Development Officer Chris Edmonds about the commentary he wrote that JLN published and why he wrote it and what he was trying to accomplish.
We asked him what lessons were learned from the BAKKT experience and what was ICE trying to accomplish with the exchange and clearing offering and what didn’t work?
Edmonds said the lesson learned was that the market did not want a physically delivered bitcoin contract.
Eurex’s Matthias Graulich talks to JLN at FIA IDX about Eurex’s new STIR partnership and the growth in delivering its value proposition
Matthias Graulich spoke with Julie Ros at the FIA IDX conference in London recently. Ros asked him about Eurex’s new STIR partnership. A couple of years ago Eurex launched a program for interest rates, swaps, and repos and they recently expanded the program to cover short term interest rate derivatives, he told her. “We grant virtual equity to the best performing partners, meaning we grant governance rights and share revenues on a perpetual basis to those who best support the success of this initiative,” he said.
Eurex’s Rafael Zanatta Talks About New Bitcoin Index Futures with JLN’s Julie Ros at FIA’s IDX
Rafael Zanatta, head of sales, EMEA, Eurex FTSE bitcoin index futures at Eurex, spoke with JLN Correspondent Julie Ros at the FIA’s International Derivatives Week (IDX) in June about Eurex’s recently launched FTSE bitcoin index futures.
Rama Pillai and KC Lam of SGX on trading flows from Asian markets into Singapore, FX trading innovations, and transposing the NIFTY Index futures to India
JLN Correspondent Julie Ros spoke with two executives from SGX, the Singapore Exchange, at FIA’s IDX Conference in London in June. Rama Pillai, managing director, global sales & origination, and KC Lam, head of FX and rates, talked about the changes they’ve seen with trading in Asia and the products their clients have been trading in the current environment.
Exberry CEO Guy Melamed Talks Up Cloud-based SaaS Market Solutions with JLN’s Julie Ros at FIA’s IDX
JLN Correspondent Julie Ros interviewed Exberry CEO Guy Melamed at FIA’s International Derivatives Week (IDX) in June and asked him about the solution Exberry developed on a cloud environment and about its relationship with Amazon Web Services (AWS).
Exegy’s Laurent de Barry on Exegy’s tech solutions, how it helps firms address IT costs, and its crypto plans
Laurent de Barry, Director of Hardware Trading Solutions at Exegy, spoke with JLN Correspondent Julie Ros at IDX in London. She asked him how Exegy helps firms address IT cost constraints, and he mentioned how Exegy helps companies make sure that when they pay for a solution it will help them differentiate themselves from the marketplace. He talked about the acquisition of Vela in 2021 and how it enriched Exegy’s portfolio. Ros also asked him who Exegy’s primary customers are.
The Failed Promise of Unregulated Crypto; By Chris Edmonds, Chief Development Officer, ICE
Markets have short memories. Four years ago, ICE created a fully-regulated, physically-delivered crypto futures market, with institutional-grade custody provided by ICE’s then-subsidiary, Bakkt. The custodian was regulated by the New York State Department of Financial Services – a license which is, rightly, not easy to obtain – and all crypto transactions were protected by our highly regulated clearing house.
Why did we start here? The answer is simple. The history of markets shows that physically delivered commodities provide price signals and allowing such pricing to occur in a transparent manner with clear rules INCREASES consumer confidence.
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.
Vermiculus’ Chris Dorougidenis talks about mixing microservice tech with the cloud to make new CSD systems
Chris Dorougidenis, project manager and partner with Vermiculus Financial Technology, was interviewed by JLN Correspondent Julie Ros at the recent FIA International Derivatives Week (IDX) in London.
KOR Financial Founder/CEO Jonathan Thursby on filling a need in the regulatory reporting sphere
Jonathan Thursby, the founder and CEO of KOR Financial, spoke with JLN Correspondent Julie Ros at the IDX 2023 Conference in June about what led him to start his own business and how KOR is challenging the status quo.
CME Group’s Derek Sammann on the Future of Markets panel at IDX and CME’s growth in international markets, emerging markets, and options
JLN Correspondent Julie Ros talked to Derek Sammann, senior managing director and global head of commodities, options and international markets at CME Group, at the IDX conference in London in June. She asked Sammann about his reflections on the Future of Markets panel at IDX. He said that each of the panelists brought a different perspective to such topics as what grows markets and in particular “product development through the lens of client need.”
Sponsors
Investors blocked from betting on US congressional elections by regulator
First Read Hits & Takes John Lothian & JLN Staff Cheryl and I are safely home from Bermuda and The World Federation of Exchanges Annual Meeting. We also celebrated our 34th wedding anniversary, so as the saying goes, happy wife, happy life. Now, back to work....
We visit more than 100 financial news websites daily (Would YOU do that?)
The Spread
Options Discovery Episode 20: Intro to Options and Earnings; Etoro Equity and Derivatives Investment Analyst, Callie Cox, Breaks Down Options and Earnings With Jln’s Alex Teng
In this episode of Options Discovery, Asma Awass introduces equity option price behavior around earnings announcements. Alex Teng dives deeper into this topic with Callie Cox, a seasoned investment analyst and content creator from the “social-based” brThinkorswimm eToro.
OCC liquidity risk doubles to all-time high in Q2
Lead Stories OCC liquidity risk doubles to all-time high in Q2; Concentration of activity around June expiration responsible for record rise Joshua Walker - Risk.net The estimated largest payment obligation Options Clearing Corporation (OCC) could have faced had a...