Acting Managing Editor
As part of John Lothian News’s Exchange Leaders Series, Luc Fortin, the president and CEO of MX and global head of trading at TMX Group, updated us on current conditions in the Canadian markets. Fortin says while the impact of the coronavirus will inevitably cause “slippage” in exchange plans to add new products and extend trading hours, “It’s not a question of scrapping 2020” and client demand will continue to grow post-COVID-19.
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Kicking Out Chinese Stocks and WeChat Is Another Nail in the Coffin of U.S.-China Links
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This week on The Spread – the OCC gives back to the derivatives industry, the CME Group pays hefty fines to the CFTC, Cboe plans for the worst, and more.
Alessandro Cocco is vice president of the Financial Markets Group at the Federal Reserve Bank of Chicago. Speaking at our MarketsWiki Education World of Opportunity virtual event in July 2020, Cocco said the word that connects climate change and finance is “risk.”
Bevon Joseph, along with his wife Elois, founded the Greenwood Project to expose high achieving students of color on Chicago’s south and west sides to career opportunities in the financial industry.
While the Federal Reserve is known for its laser focus on goals that include maximum employment, price stability, moderate interest rates and a stable financial system, those goals have proven slippery as the coronavirus persists and continues to tamp down progress, exposing some structural gaps in the process.
