Investing & Trading
Catching up with Baton Systems at FIA EXPO 2022; President Jerome Kemp Talks Customer Growth
JLN interviewed Jerome Kemp, president of Baton Systems, at FIA EXPO 2022. JLN asked Kemp what Baton has been up to since we interviewed him last March at the FIA Boca conference.
Abaxx’s Joe Raia Talks FCM Model Benefits, FTX and the Need for Physically Delivered Contracts
Before the FTX implosion, FTX had created quite a regulatory stir in the futures industry with a proposal before the CFTC for a clearing model that eliminated the need for FCMs. Abaxx Exchange Chief Commercial Officer Joe Raia has been outspoken in his support for FCMs. John Lothian News caught up with Raia at the recent FIA EXPO 2022 in Chicago to discuss his views.
Nick Baker’s Journalistic Bloodlines Took Him From Dow Jones to Bloomberg to CoinDesk
Nick Baker had journalism in his blood from the start. His grandfather was a journalist and an influential person in his life. When his grandfather died during Baker’s high school years, he made the split-second decision to follow a career path to journalism.
Cboe Digital, the rebranded ErisX, Leads with a Familiar Model
John Palmer is the head of Cboe Digital, the rebranded ErisX. JLN caught up with Palmer at the recent FIA EXPO 2022 in Chicago to ask him about Cboe Digital and the general state of the crypto markets and industry, which were rocked by the implosion of FTX and related companies.
FIA 50 Years of Financial Futures Celebration
2022 is the 50th anniversary of financial futures and the birth of the modern exchange traded derivatives markets. In this video, John Lothian News discusses the birth of the financial futures industry in 1972 and how it has evolved into a market that traded $53.9 billion contracts this year.
Trading of futures and options on track to a record year – FIA
Trading of futures and options is on track to a record year, with higher levels of trading activity in many sectors, notably interest rate and equity index contracts, according to the FIA’s Will Acworth, who went over the volume numbers for the first nine months of 2022 in a FIA webinar titled, “Q3 2022 Trends in Futures and Options Trading” Wednesday.
A New Solution for Hedging Used Vehicle Price Exposure Amid Increasing Volatility
If you’re an entity that owns a large automotive fleet – a car rental agency or the finance arm of an automaker with a sizable lease portfolio – today’s skyrocketing used car prices have likely pushed your portfolio’s value into the stratosphere.
John Vaile Saw the Potential of Financial Futures and Helped Make Them A Success
John Vaile had an aunt who invested in the stock market who bought Vaile some stock when he was 10 years old and that experience caused him to want to be a stockbroker. As a result, Vaile became a student of the market.
He went to a couple of different colleges in Illinois, then ended up in a program at Wharton for students who did not graduate from college.
Vaile was working for Morgan Stanley and living in Lake Geneva, WI, surrounded by friends in the futures markets and he wanted to get involved with what was happening. He said he badgered Morgan Stanley to get involved. They gave him permission, but he said he could see how long it would take for them to truly become involved and he did not have the patience for that.
Justin Schack Talks Topics from the recent Rosenblatt Securities Global Leader Conference
Rosenblatt Securities held its Global Exchange Leader Conference this past September, and John Lothian News spoke with Justin Schack, managing director and partner at Rosenblatt Securities, about who attended, what the big topics were and what was different about the conference in 2022.
Is the era of the traditional FCM model coming to an end?
No, at Abaxx Exchange we don’t believe the era of the traditional FCM model is coming to an end, nor should it be. However, the recent Risk.net article “Brokers slam CME over ‘conflict of interest’ in FCM plan’ made us realize that not everyone may feel the same way, and we need to make our case for the raditional FCM model.
Some exchange groups ranging from the largest that date back more than a century to the digital asset focused upstarts have asserted that risk mutualization processes — currently favored and handled by FCMs — can and should be disintermediated.
Swiss Finance Museum Fills Unique Niche to Promote Financial Literacy
Amid educational events occurring around the world for IOSCO’s World Investor Week, John Lothian News spoke to the director of the Swiss Finance Museum at the Swiss exchange about the museum and what they are doing to promote financial literacy.
Mark Smith’s Path To Electronic Trading: From Banking to Blockchain
Mark Smith started his career at broker-dealer Edward Jones, became an entrepreneur and then after his second firm was purchased by Citi, he found himself working for the bank, which he found an eye-opening experience.
Mark Smith’s Path to Electronic Trading is Awash in Entrepreneurial Drive
The Path to Electronic Trading for Mark Smith started in a pool. He wanted to be an Olympic swimmer, a singular focus that took him to the Olympic trials of 1988 and 1992, but not to the Olympic Games, though he did swim in the Pan American games of 1991.
Wolfgang Eholzer: The History of Financial Futures, Part 2
In part two of the interview with Wolfgang Eholzer for The History of Financial Futures video series from John Lothian News and MarketsWiki Education, Eholzer explains where the names of Eurex’s trade matching engine and other technology came from. Eurex wanted a short name that could be easily copyrighted and easily reproduced for other products.
Veteran Trader Joe Corona Shares His Best Week Trading Ever
In Part Two of our Open Outcry Traders History Project Interview, Corona Tells of Recovering From Horrendous Tuesday Thrashing After Ten Point Bond Jump After Black Monday.
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The High Price of Bad Business: Corporate America’s Biggest Settlements
First Read Hits & Takes John Lothian & JLN Staff The OCC says be wary of crypto - the Office of the Comptroller of the Currency that is, not The Options Clearing Corporation. The SEC says public companies should disclose their crypto exposure, assuming they...
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The Spread
ALL OPTIONS CEO ALLARD JAKOBS TALKS ABOUT RUNNING A SUCCESSFUL TRADING FIRM, WHAT HE LOOKS FOR FROM NEW TRADERS, AND MORE IN THIS FULL INTERVIEW WITH JLN’S ALEX TENG
In this Options Discovery interview, Allard Jakobs, the CEO of All Options, sits down with JLN’s Alex Teng.
Wall Street’s Booming ETF Market Is On Brink of Record Launches
Observations & Insight Trabue Bland, SVP, Futures Markets at ICE, has written a paper titled "Why financial participants matter to the commodity markets." The chapter topics of the paper include "How derivatives work" and "Participation in the derivatives...
