John Lothian Newsletter
Todays Newsletter
The curious case of rising stocks in the night-time
First Read Hits & Takes John Lothian & JLN Staff Congratulations to uber journalist Jacob Bunge on being promoted to the role of Chicago deputy bureau chief for The Wall Street Journal. Bunge has been with the Journal since 2008, when he came over from...
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John Lothian Newsletter
Facebook gives up on digital payments ambitions with Diem asset sale
First Read Hits & Takes John Lothian & JLN Staff Streets Consulting pulled a major coup by hiring Clare Black as managing director. The U.K. based financial services and technology business development, marketing and communications consulting firm announced...
DeFi Increasingly Popular Tool for Laundering Money, Study Finds
First Read Calvin F. Williams Jr is Using His Business to Close the Wealth Gap Alex Perry - John Lothian News From creating investment management strategies to expanding financial education, Calvin F. Williams Jr. runs his business with one clear goal in mind: to...
FOMO Turns to OMG for Crypto Traders Who Bought at Peak Prices
First Read Hits & Takes John Lothian & JLN Staff Well, that was terrifying and fun all on the same day yesterday as the stock market plunged and then recovered late. During Monday's session, at one point, $3 trillion in market value was lost. It brought back...
Hong Kong’s financial sector faces talent crunch as expats head for the exit
First Read Hits & Takes John Lothian & JLN Staff SEC Commissioner Elad L. Roisman has left the building. He issued a departing statement on Friday, his last day as a commissioner at the SEC. His fellow commissioners, Chair Gary Gensler, Commissioner Hester M....
London Metal Exchange’s CEO Is Leaving for a Crypto Custody Firm
First Read Hits & Takes John Lothian & JLN Staff Matt Chamberlain is going blockchain and will step down as CEO of the LME on April 30, 2022, the LME and HKEX announced today. Adrian Farnham, the LME Clear CEO, will become the Interim LME CEO and group head of...
Crypto Exchanges Will Face More Scrutiny From SEC, Gensler Says
First Read Hits & Takes John Lothian & JLN Staff William J. Brodsky was nominated by a former law school classmate for a job in Washington, D.C., despite having once defeated that classmate for class president of the Syracuse University College of Law. Of...
Wall Street Traders Muscle Into the Middle of Crypto
First Read Hits & Takes John Lothian & JLN Staff The Biden White House has arranged for lots of free stuff to be given away, normally the bane of conservatives who think it is vote buying. It may be. But it is life saving first and foremost. They are giving...
UK Treasury to crack down on ‘misleading’ crypto promotions
First Read Hits & Takes John Lothian & JLN Staff Thank you to all the JLN readers and friends who reached out yesterday after my column "New Non-Price Oriented Risks to Manage: Covid and Cancer," where I disclosed I tested positive for COVID-19 and had been...
Cboe Europe, EuroCCP partner with Freetrade to give UK retail investors commission-free access to pan-European markets
First Read Hits & Takes John Lothian & JLN Staff What is going on at BOX OPTIONS? We noticed the BOX website no longer lists Ed Boyle and Lisa Fall as CEO and president respectively. JLN reached out to Boyle and he had no comment. Lisa is still listed on the...
Coinbase wades into crypto derivatives with deal for futures exchange
First Read Hits & Takes John Lothian & JLN Staff Coinbase has bought FairX, which extends the run on small or independent Designated Contract Markets. It is also another JLN sponsor bought out. Welcome Coinbase to the JLN sponsor family. We look forward to...
NinjaTrader Acquires Tradovate
First Read Hits & Takes John Lothian & JLN Staff CME Group today announced the first trades in its China Portside Iron Ore futures contracts. A total of 500 contracts were traded. No word on when Starboard Side contracts will be offered, I said sternly with a...
Is SEC’s Gary Gensler the Skunk at the Fintech Party or the Adult in the Room?
First Read Hits & Takes John Lothian & JLN Staff There are more regulatory Anglophiles in the U.S. data business today after the U.K.'s FCA announced it will be launching two market studies and gathering further information to investigate access to wholesale...
Robert Birnbaum, Architect of Modern-Day Financial Markets, Dies at 94
First Read Hits & Takes John Lothian & JLN Staff This morning we have an interview in JLN that we shot a couple of years ago in our now shuttered office. We interviewed attorney Scott Early, former general counsel of the Chicago Board of Trade during its go-go...
Apex Fintech Solutions Acquires PDQ Enterprises
First Read Hits & Takes John Lothian & JLN Staff It is official: yes, the Adamske news, but I am talking about Rostin Behnam. He was sworn in as the CFTC's 15th Chairman on January 4, 2022 after being unanimously confirmed by the U.S. Senate. As for Steve...
Record $14bn flowed into crime-linked crypto wallets in 2021
First Read Hits & Takes John Lothian & JLN Staff Today is the anniversary of the January 6 vote to certify Joe Biden's election as President of the United States of America in the 2020 election. And some other stuff happened that day, that I am sure other...
