John Lothian Newsletter
Todays Newsletter
Coronavirus Could Infect Two-Thirds of Globe, Research Shows
First Read Hits & Takes By JLN Staff Happy Valentine's Day! Do you want to make an impact and show your love on Valentine's Day? Join our friends at Gate39 Media who are holding a virtual food drive with the Greater Chicago Food Depository....
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Edited by John Lothian and the news team, our flagship newsletter provides daily news and commentary about global exchange-traded derivatives, securities and related OTC markets. The newsletter is offered on a voluntary pay basis. If you find it useful, we ask that you pay for it. Free for students and journalists. Subscribe here or make a payment.
Futures Traders Are Getting Squeezed and More Job Cuts Are Expected
First Read Hits & Takes By JLN Staff The FIA has published their 2019 Year in Review.~JJL Wei-Shen Wong of Waters Technology is reporting "ASX on Track for CHESS Replacement," saying the Aussie exchange is to begin industry-wide testing of its delayed DLT...
Zombie Crypto Coins Beat Bitcoin During This Year’s Resurgence
First Read Hits & Takes By JLN Staff Have you taken the Barchart futures trader survey yet? Please do.~JJL Have you signed up for FIA Boca? Twenty-six days and counting.~JJL U.S. President Donald Trump says "MAGA," which stands for "Make America Great Again" also...
CME takes more control over board
First Read Hits & Takes By JLN Staff Our friends to the great white north, TMX and MX in Canada, have soft launched a new futures contract, the S&P/MX International Cannabis Index futures. The symbol is SMJ, that is S for S&P, M for...
Cryptocurrency Scams Took in More Than $4 Billion in 2019
First Read SEC Commissioner Sparks ICO Safe Harbor "Hey there, baby, I could use just a little help" Thom Thompson - John Lothian News Hester Peirce, a commissioner at the U.S. Securities and Exchange Commission, came to Chicago last Thursday...
Where Have All The Futures Traders Gone? Ask the Hedge Funds; SEC Commissioner Hester Peirce Proposes 3-Year Safe Harbor Period for Crypto Token Sales
First Read Hits & Takes By JLN Staff The following tribute to Bryan Durkin was sent by Ray Cahnman: CME is fortunate that Bryan Durkin will continue as a director and a special advisor after his retirement as CME president. Bryan's...
CME Group Announces Bryan Durkin to Step Down as President; Market questions why ICE would make eyes at eBay
First Read Hits & Takes By JLN Staff CME Group President Bryan Durkin is stepping down in May. He will become a special advisor to the company and is being slated for the board of directors, so he is not going far. Here is what CME Group...
NYSE Owner Intercontinental Exchange Makes Takeover Offer for eBay; AI Fintech Goes After BGC With First Bitcoin Trade
First Read Hits & Takes By JLN Staff Readers have asked and JLN staff have wondered what impact the coronavirus outbreak would have on the FIA International Conference in Boca Raton, Florida in March. The travel restrictions to and from...
Tradebot, Pioneer of High-Speed Trading, Struggles With Profit Slump; Trading Platform iSTOX Receives Singapore Regulatory Approvals
First Read Hits & Takes By JLN Staff Cboe Global Markets has acquired data analytics companies Hanweck and FT Options.~JJL OCC had its highest cleared contract volume on record for January, up 23.5 percent from a year ago and its third...
Coronavirus Closes China to the World, Straining Global Economy; Cboe plans March launch for US market close mechanism
First Read Hits & Takes By JLN Staff Eileen Flaherty's book, "The Perilous Step," had its cover reveal on Friday. It was trending number one on Amazon.com for White Collar Crime True Accounts in new releases Friday. It is currently number...
WHO Declares Coronavirus Outbreak an International Emergency, U.K., Russia Flag Cases
First Read Hits & Takes By JLN Staff Ahead of Sunday's Super Bowl, what type of crime is soaring? The FT reports it is avocado theft.~JJL In a related story, Business Insider reported that on Goldman Sachs' First Investor Day, avocado toast...
Church of England joins passive push with climate index
First Read Hits & Takes By JLN Staff Thank you to JLN's Thom Thompson for all his great coverage of the Navinder Sarao story. I appreciated his work and I know readers did too. Nice job Thom!~JJL JLN has released a video interview (see below) with former regulator...
Traders Poised to Win in Trump-Era Redo of Oil Speculation Rules
First Read Sarao Sentenced to Home Detention Thom Thompson - John Lothian News Navinder Singh Sarao escaped possible detention in a U.S. prison for anywhere from 78 to 97 months when he was sentenced yesterday in Chicago to one year of detention to be served at his...
Banks Tell Hong Kong Staff to Work at Home After China Visit
First Read Life and Times of Navinder Sarao Thom Thompson - John Lothian News Navinder Sarao pleaded guilty to roughly $13 million worth of spoofing on his first visit to the United States in November 2016. Wearing leg irons and an orange...
Ultrafast Trading Costs Stock Investors Nearly $5 Billion a Year, Study Says
First Read Spoofer Sarao Looks Forward to His (Last?) Court Appearance Thom Thompson - John Lothian News This Tuesday afternoon, Navinder Singh Sarao will be sentenced by Virginia M. Kendall, U.S. Judge of the United States District Court for the Northern District of...
Online Brokers Go From Zero to Hero; U.K.’s Financial Watchdog Names Chris Woolard Interim Chief
First ReadEndgame vs. Infinity War: Justice for JiteshJohn J. LothianWhen I started writing about the CFTC's civil enforcement case against Jitesh Thakkar and Edge Financial Technologies, I asked for Justice for Jitesh. I asked for the CFTC to drop the...
