Todays Newsletter
Will the crypto crash derail the next web revolution? Advocates argue that the blockchain technology that underpins digital assets will withstand the recent fall in values
First Read Hits & Takes John Lothian & JLN Staff Don't forget to sign up for FIA Forum: Frankfurt 2022, to be held on July 12 at the Hilton Hotel in the City Centre from 9 a.m to 5 p.m. CEST. Abaxx Technologies Inc. has seen tremendous interest in their...
John Lothian Newsletter
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John Lothian Newsletter
Natural Gas Soars 700%, Becoming Driving Force in the New Cold War
First Read Hits & Takes John Lothian & JLN Staff During a Fourth of July parade in the town where I was born, Highland Park, Illinois, a mass shooting incident left six people dead and 31 more injured as a single shooter on the roof of a nearby building...
Crypto Lender BlockFi, in Talks With FTX, Also Gets Ledn Offer
First Read Hits & Takes John Lothian & JLN Staff Monday is the 4th of July holiday in the U.S. and you can expect to see JLN's annual sharing of the Declaration of Independence edition of the John Lothian Newsletter. We will resume our normal publication...
Crypto: ‘Blockchain is hype’ – MPs warned
First Read Hits & Takes John Lothian & JLN Staff Today we have two videos from my coverage of FIA's IDX in London, which I conducted in the Eurex branded lounge area outside The Brewery's doors. The first is with FIA Europe Head Bruce Savage, whom I literally...
CME looks to lure retail traders with daily options frowned on in Europe
First Read Hits & Takes John Lothian & JLN Staff The iPhone turns 15 years old today and it has changed my life. My brother Scott introduced me to the iPhone, as he was the first in the family to have one. I was impressed, intrigued and amazed when I saw it....
Ernst & Young to Pay $100 Million Penalty for Employees Cheating on CPA Ethics Exams and Misleading Investigation
First Read Hits & Takes John Lothian & JLN Staff It is primary election day in Illinois, when we select the nominees from the different parties to run in the fall election. The big race is for Illinois governor, where JB Pritzker will win the Democratic...
‘We will humble them’: four fuel traders took on Wall Street and saved $1.2bn
First Read Hits & Takes John Lothian & JLN Staff Managed Funds Association President Emeritus Jack Gaine passed away on June 25, 2022. His obituary says he died of a broken heart, as his wife of 45 years, Tish, died 11 days earlier. Gaine was also a former...
Coinbase Rolls Out First Crypto Derivative Amid Slump in Tokens
First Read Hits & Takes John Lothian & JLN Staff Ken Griffin has moved his family to Florida and now is taking his firm, Citadel, with him, according to a multitude of press reports. The stories cite crime in Chicago as the cause of the move to the sunshine...
OCC Board of Directors Appoints Andrej Bolkovic as CEO-Elect
First Read Hits & Takes John Lothian & JLN Staff Yesterday the OCC named Andrej Bolkovic as CEO-elect. He will take over for John Davidson in October. Davidson will leave in the first half of 2023, so the two will work together and Davidson will hand off the...
Meet the Billionaire and Rising GOP Mega-Donor Who’s Gaming the Tax System
First Read Hits & Takes John Lothian & JLN Staff You don't want to miss the lead story today from ProPublica about Jeff Yass, the founder of Susquehanna and a major political donor to some of the leading causes of our times. He also has a unique approach to...
FTX and other crypto firms ditch sports deals as market collapses
First Read Hits & Takes John Lothian & JLN Staff John Lothian News has sweatshirts that say, "The World Needs Journalists," and Russian Nobel prize winning journalist Dmitry Muratov proved that statement yesterday when the auction of the Nobel medal for which...
The Crypto Party Is Over
First Read Hits & Takes John Lothian & JLN Staff Yesterday was a double holiday, Father's Day and Juneteenth, so today the markets are closed for Juneteenth. Father's Day, which links its roots to a sermon delivered in 1908 "in memory of the 362 men who had...
Elon Musk sued for $258 billion over alleged Dogecoin pyramid scheme
First Read Hits & Takes John Lothian & JLN Staff New JLN Associate Editor Alex Teng's first episode of Options Discovery as part of The Spread video series will debut next week. The format will be Alex looking at options, trying to explain them to people his...
An age of real wealth destruction
First Read Hits & Takes John Lothian & JLN Staff The U.S. Securities and Exchange Commission yesterday announced it is requesting information and public comment related to activities of certain "information providers," i.e. index providers, model portfolio...
Generation Z Is Getting a Harsh Lesson in Stock Risk
First Read Hits & Takes John Lothian & JLN Staff We have more remembrances of Hal Hansen today from a couple of former CIS colleagues, a former NFA president, the current FIA president and CEO, and the head of BOX's regulatory arm that owns BOX Options. These...
Wall Street’s Out of Office Again Amid Covid Wave
First Read Hits & Takes John Lothian & JLN Staff We have another remembrance of Hal Hansen today to add to the list, this one from former Cargill Investor Services executive Chris Malo. So far we have remembrances from Ray Carmichael and Bernie Dan. I am sure...
