Industry Leaders Series
FIA Expo 2021 Video: ICE Exec Says Pandemic Volatility Offers Lessons For Clearinghouses
The intense market volatility seen during the beginning of the global pandemic, particularly in April and May, underscored both the interconnectedness of the markets and the fact that not every participant is at the same level, said Chris Edmonds, global head of closing and risk at the Intercontinental Exchange, Inc.
In a video interview with John Lothian News at FIA Expo 2021 following a roundtable on operational efficiencies, Edmonds said it became clear during COVID-19 and the abrupt move to working at home that more efficient ways to share information sooner are needed.
FIA Expo 2021 Video: CFTC’s Stump Corrects Misperceptions, Talks Politics
CFTC Commissioner Dawn Stump rolled her eyes when asked who regulates cash cryptocurrency markets.
Speaking to John Lothian in a video interview following her keynote address last week at the FIA Expo, Stump said the question is “an unfortunate example” of what she sees as an ongoing mission to correct confusion over what agency regulates what entity.
Trading Technologies to Be Acquired by 7RIDGE
Press release from Trading Technologies: Trading Technologies International, Inc., (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, today announced that the company has agreed to be acquired by 7RIDGE, a specialized growth equity firm invested in transformative technologies. 7RIDGE will fuel Trading Technologies’ organic growth and enable the firm to make targeted strategic acquisitions in the future. Cboe Global Markets, Inc. (Cboe: CBOE) and Singapore Exchange (SGX), who are among the limited partners of the fund managed by 7RIDGE, have voiced their support of the transaction. Terms of the transaction, expected to close before year-end subject to regulatory approvals, were not disclosed.
The Spread – July 23, 2021
Volatility makes a return appearance as the Delta variant jangles nerves; Treasury bond yields perk up; July options expire; John Lothian chats with Cboe’s Ed Tilly about a World of Opportunity; UBS and SEC reach a settlement; FIA Tech expands; and the Options Institute’s Kevin Davitt explains why contract size matters in the “Term of the Week.”
Ed Tilly: Opportunities at Cboe Global Markets – MWE World of Opportunity
Cboe Global Markets Chairman, President and Chief Executive Officer Ed Tilly sat down with John Lothian News over Zoom for the MarketsWiki Education World of Opportunity series to discuss current opportunities at the Cboe as the exchange operator continues to expand globally. He also talked about how Cboe is responding to increased retail investor demand. He noted opportunities are still available on the trading floor and mused about what he would do if he were starting his career today.
Alex Lamb Aways Landed Amid Opportunity In Early Years Of European Futures Trading – Part 2
Alex Lamb pursued one opportunity after another in the burgeoning financial futures markets in Europe starting in the mid-1970s, then later with technology providers to markets around the world that migrated to electronic formats. After he hired Gary Kemp as a programmer to connect GMI and DTB and then develop a front-end screen that turned into Trading Technologies’ desktop offering, Kemp returned the favor and hired Lamb at TT.
THE SPREAD – JUNE 25, 2021
No summer doldrums this year; Volatility and volume surge; More (single stock) options to choose from; John Lothian weighs in with his take; and Jermal Chandler explains extrinsic value in this week’s options “Term of the Week.”
The Back Office Headaches from Big Volume and How to Manage Them
Daniel Carpenter is the head of sales at Meritsoft, a Cognizant company. John Lothian News interviewed Carpenter about the problems created by high-volume trading from banks, brokerages and other institutions, including how a company tracks the different fees it is paying or collecting from various trades.
Small Exchange CEO Donnie Roberts Excited By First Year Of Trading
The Small Exchange did not get started when CEO Donnie Roberts wanted it to in 2020. Just as it was finally given regulatory approval, the pandemic hit in March of 2020. The exchange didn’t start until June 1st and when it did, the initial focus was on making sure all the systems worked properly. John Lothian News spoke to Roberts last week about the exchange’s first year of trading.
Catching up with Sterling Trading Tech on “Unprecedented” Trading
Sterling Trading Tech is one of the firms in the eye of the storm for the rise of retail equity and option traders. John Lothian News caught up with their president and head of risk management to talk about how they fared and how they continue to deal with the influx of retail customers and resulting trading activity in 2020 and 2021.
Intercontinental Exchange’s Lynn Martin Walks JLN Through New ICE Portfolio Auction Platform
Fixed-Income Trading Platform Automates Complex Portfolio Trading, Leverages ICE Data and Risk Management Tools The world of bond trading is being swept into the electronic trading world and ICE has offered a new way to automate and make the trading of large...
Brendan Bradley Is No ESG Investing Dummy and He Has a Book to Prove It
First he co-wrote “FinTech For Dummies.” Now he has written “ESG Investing For Dummies.” John Lothian News interviewed Brendan Bradley over Zoom about his new book and the ESG space.
Scott Knudsen – The Path to Electronic Trading Led to a Best Execution Platform For Bitcoin
A Trader and Industry Executive Who Continues to Change with the Times. John Lothian News interviewed Scott Knudsen, the founder of Cove Markets and a longtime former executive with IMC, for The Path to Electronic Trading video series, but we broke off this part of...
Exclusive: JLN Interviews New Trading Technologies CEO Tim Geannopulos About His Mandate and the Potential Sale of TT
New Trading Technologies Chairman & CEO Tim Geannopulos sat for an exclusive interview with John Lothian News to talk about what brought him back to TT, what his mandate is, and the potential sale of the company. Geannopulos, who left TT as a senior executive when...
Ram Vittal – John Lothian News Zoom Interview
In 2020, Ram Vittal was hired by Marex to be the CEO of the London-based firm’s North American operations. John Lothian interviewed Vittal for John Lothian News about his role at Marex. Vittal discusses Marex's retail and institutional strategies and where they fit in...
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Today's Newsletter
R.J. O’Brien Appoints Mark Phelps as New Managing Director, EMEA for RJO Limited UK Affiliate
First Read $54,406/$300,000 (18.1%) ++++ Fireside Chat Launches FIA Asia with Regulatory Discussion By Sarah Rudolph - John Lothian News Regulatory issues were the first order of business at the first panel of FIA Asia Tuesday Morning (Monday night for those of us in...
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JLN Options Newsletter
Today’s Newsletter
Bitcoin’s Selloff Driven by Options, but Also Interest Rates, Fed Policy
Observations & Insight EDITOR'S NOTE: We apologize for the delay in getting the newsletter out today. Our email provider was having technical problems. ++++ Fireside Chat Launches FIA Asia with Regulatory Discussion By Sarah Rudolph - John Lothian News Regulatory...
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