Metals
NovaFori’s Garry Jones wants to transform markets with technology
Garry Jones, the CEO of NovaFori, says the company is focused on digital transformation. He has spent most of his career working in the derivatives markets and applied technology, but now is creating auction platforms for clients such as Christie’s and overlaying them with data science.
Crypto Steals Headlines With Cboe-ErisX Deal, U.S. Bitcoin ETF; John’s Take Connects With ICE Mortgage Tech; A Look at Cash-Secured Puts – The Spread – October 22, 2021
– Crypto edges into the mainstream with Cboe-ErisX acquisition announcement, first-ever bitcoin U.S. ETF debut; SEC’s GameStop study a reflection without regulation;
– John’s Take reviews the data-driven mortgage experience with ICE Mortgage Technology;
– Are you bullish on a stock? The Term of the Week looks at a cash-secured put strategy with Jermal Chandler.
Charles Farra – The Path to Electronic Trading Has Many Steps and Flights
For Charles Farra, there were many steps on the path to electronic trading that saw him start as a runner for Cargill Investor Services in 1981 and work his way up in the organization. He would serve the firm in Chicago, London and Tokyo during a time when new products and big markets led to incredible growth in the futures industry.
The Spread – July 9, 2021
Chicago, a data destination; SEC, Robinhood and payment for order flow; John Lothian weighs in with his take; Retail trading continues to percolate; and Cboe’s Kevin Davitt explains the differences between equity and index options in the “Term of the Week.”
THE JOHN LOTHIAN NEWS DAILY UPDATE – 6/4/2021
THE JOHN LOTHIAN NEWS DAILY UPDATE – 5/25/2021
John Lothian: A Futures Trader’s Confession
All the Ways I Have Traded Futures Over the Years I was brought up as a futures trader and the people I knew were futures traders. The people at my first industry-related job that I listened to on long car rides or on the radio talked about futures. The people I...
DOJ Settles Criminal Spoofing Charge Against Scotiabank for $60.4 Million; CFTC Sanctions Bank of Nova Scotia $17 Million for False Statements Re: Spoofing
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 ....
SGX Execs See Return to Macro Trades; COVID-Led Push Toward Digitalization
In a press briefing, Singapore Exchange Limited (SGX) CEO Loh Boon Chye Thursday said the pandemic has created both challenges and extreme market moves, and the resulting economic damages are just now beginning to unfold. However, since Asia was pushed into the COVID...
A Look Back at Manipulation in the Metals Markets
Spoofing is Dunm (sic) and Just Plain Stupid If Bart Chilton were alive today, he would be smiling. The CFTC nailed another bank for metals futures market manipulation. According to the CFTC website, “The Commodity Futures Trading Commission...
Hong Kong’s Global Financial Clout Clouded by Uncertainty; LME bans drinking during work hours
A daily aggregation of financial news regarding regulation, market participants, market structure, and trends in the derivatives industry.
Wall Street Is Desperate for Wonks Who Can Explain the Rise of Populism
Get a FREE 90 day trial of John Lothian Newsletter First ReadHits & TakesJLN StaffMarketsWiki Education World of Opportunity 2019 in Chicago is open for registration. Sign up your interns and newer employees today. The events are on July...
Trading Technologies expands access to Chinese derivatives markets
Get a FREE 90 day trial of John Lothian Newsletter First ReadMarketsWiki Education World of Opportunity Series 2019 Open for RegistrationJohn J. LothianWhen I was trying to figure out what I wanted to be in life, there was no such thing as the...
Cboe wins dismissal of Wall Street ‘fear gauge’ manipulation lawsuit
Get a FREE 90 day trial of John Lothian Newsletter First ReadHits & TakesBy JLN StaffCNN reported that "The continental US just had the wettest 12 months in the 124 years on record." And now you know why CME Group just set a record for...
The LME’s Ambitious Tech Revamp – Matt Chamberlain, LME
London Metal Exchange CEO Matt Chamberlain knows that the more than 150-year-old exchange has not been at the front of the pack when it comes to technology, but he also knows that gives it an opportunity to survey what other market...
Griffin’s Citadel Nears Tipping Point on Chicago Exit Over Crime
First Read Hits & Takes John Lothian & JLN Staff I have a great story to share. Last night my wife and I attended the Metals dinner, a fundraiser for the Pathway to Adventure Council (PTAC) of the Boy Scouts of America. The flag ceremony included two brothers;...
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The Spread
Euronext presents “Options Term of the Week”. Exposure on The Full Underlying Value
TERM OF THE WEEK:Euronext presents “Options Term of the Week”. Exposure on The Full Underlying Value
Wall Street stocks steady after heaviest sell-off since 2020
Observations & Insight FIA's International Derivatives Expo is returning to The Brewery in London this coming 6-8 June. Standing still is not an option in today's evolving cleared derivatives environment. Without adapting to new products, processes, technologies...
