Investing & Trading

Newest U.S. Stock Exchange MEMX Debuts, Keeps It Simple

by Suzanne Cosgrove | Sep 21, 2020

After more than a year of preparation, Members Exchange (MEMX) CEO Jonathan Kellner is more than ready for Monday’s launch of the new U.S. stock exchange at 9:30 a.m. ET.

The Spread: Reddit On The Internet, So It Must Be True

by Matt Raebel | Sep 18, 2020

This week on The Spread – analysts predict more volatility than usual around the U.S. election, institutional traders watch Reddit to predict price movements, and more.

New FTSE Russell Data Model Looks for ‘Green’ in Global Investments

by Suzanne Cosgrove | Sep 18, 2020

Ahead of the implementation of an ambitious EU classification system for sustainable activities, known as the EU Taxonomy, FTSE Russell this week launched a Green Revenues 2.0 model to classify the “green” revenue exposure of global listed companies, a segment of the economy that FTSE Russell estimates is worth approximately $4 trillion.

Fed’s Star Witness in Spoofing Trial Gets Tarnished Under Cross-Examination

by Thom Thompson | Sep 17, 2020

Another day of methodical testimony unfolded in Judge John Tharp’s federal courtroom on Wednesday, the second day of testimony in the case of the Department of Justice versus James Vorley and Cedric Chancu.

Blue Skies In a Post-COVID World: Downside Doesn’t Look as Deep, SocGen Says

by Suzanne Cosgrove | Sep 16, 2020

One day the world will recover from the COVID-19 pandemic, but what will a recovery look like and when will it take place?

New Retail Interest Spurs Renewed Focus on Investor Education

by Suzanne Cosgrove | Sep 15, 2020

Equity markets are seeing an influx of new retail interest, with up to 25 percent of market activity executed by retail investors on peak days this year, compared with about 10 percent in 2019, said John Zecca, Nasdaq's executive vice president and chief legal and...

The Spread: Softbank’s Hard Knocks

by Matt Raebel | Sep 11, 2020

This week (and last week) on The Spread – regulators publish their takes on global warming, Softbank gets in deep while Robinhood adds guardrails, and more.

David Downey Knows Security Futures Like No One Else

by John Lothian | Sep 9, 2020

David Downey does not suffer fools well. His statements are very direct and to the point. And he knows when he is right and is willing to point out where regulators and competitors are wrong. Downey is in the process of shutting down OneChicago, but his writings and...

Hemp Prices: “I’ve Fallen and I Can’t Get Up”

by Thom Thompson | Aug 31, 2020

The August 2020 Hemp: Benchmarks and Analysis was published last week by our friends at PanXchange. Now, at the end of August the harvest of field grown industrial hemp has not only begun, but also some early harvested hemp targeted to the cannabidiol (CBD) market is...

The Spread: Running Hot

by Matt Raebel | Aug 28, 2020

This week on The Spread - the Fed opts for higher inflation targets, the OCC gets featured, Cboe has a new options product, and more. Produced by Mike Forrester. Transcript: Welcome to The Spread, I’m Matt Raebel. Congrats to those who bet on the...

FDIC Enlists Fintech to Serve Pandemic-Challenged Minority Institutions

by Suzanne Cosgrove | Aug 27, 2020

While the economic disruptions of COVID-19 are widespread, they have “disproportionately” disrupted minority depository institutions, also known as MDIs, said Jelena McWilliams, chairman of the Federal Insurance Deposit Corporation. Speaking Wednesday in the second of...

The Spread: Mini Derivatives Arms Race

by Matt Raebel | Aug 21, 2020

This week on The Spread, FTSE Russell and SGX form a strategic alliance, Cboe’s mini VIX futures sell like hotcakes, and more.

Tom Rinaudo – MarketsWiki Education Open Outcry Traders History Project

by John Lothian | Aug 20, 2020

Tom Rinaudo was working at a bank when his mother heard about a job at the Chicago Board of Trade. He had no idea what the Board of Trade was all about, but he said yes and was hired by JK McKerr in a back office job.

DOJ Settles Criminal Spoofing Charge Against Scotiabank for $60.4 Million; CFTC Sanctions Bank of Nova Scotia $17 Million for False Statements Re: Spoofing

by Thom Thompson | Aug 20, 2020

The Department of Justice announced on Wednesday that it was settling its criminal spoofing case against the Bank of Nova Scotia for its role in a “. . . massive price manipulation scheme aimed at falsely manufacturing the prices of precious metals futures contracts ....

The CryptoMarketsWiki Podcast Episode 14: The 80/20 Split

by Matt Raebel | Aug 20, 2020

DrawBridge Lending LLC sees itself as the “bridge” between the cryptocurrency world and the world of institutional trading. In this episode, DrawBridge CEO Jason Urban discusses the finer points of running a business based around lending against cryptocurrency, the state of institutional demand for digital asset products, how to work with regulators, and more.