SPACs are popular listing vehicles, but some analysts question if they are right for certain sectors. ESG investors, for example, can't verify a company's environmental and social impact when a planned SPAC acquisition is not identified upfront.
Mike Cavanaugh found his way to the trading industry despite his degree in political science because he had a brother-in-law in the wheat pit at the CBOT. He did a summer internship working for “one of the more prolific wheat traders” and soon fell in love with the place.
The Depository Trust & Clearing Corporation (DTCC) released a new white paper detailing a two-year plan for shortening the settlement cycle for U.S. equities to one business day after the trade is executed (T+1).
UK-based IG Group has reportedly suspended leveraged trading in 900 small stocks, a response to heightened levels of risk posed by volatile retail trading. Its customers will be allowed to buy shares outright but must use their own funds to cover positions.
In a presentation this week to the European Securities and Markets Authority on market challenges in the spring of 2020, the FIA recommended several changes to clearinghouse margin models, including improving the design and application of margin floors.
The well-documented influx of new retail investors into equities and options on equities in 2020 and 2021 has boosted derivatives volume, but it also has unleashed traders who may not be prepared for high rates of volatility if and when the market falters.
The National Football League asked the CFTC to delay any approval of ErisX’s proposed binary options contracts “pending a more comprehensive study” of whether the contracts would be used for hedging and whether users of the contract might be breaking federal laws by risking money on football spread betting across state lines.
Observations & Insight The Spread: A Penny Stock For Your Thoughts? JohnLothianNews.com This week on The Spread, the CME announces the launch of new volatility benchmark indexes, Amsterdam's trading volume surpasses London's, and more. Watch the video » ++++ Lead...
First Read $29,776/$300,000 (9.9%) ++++ ++++ Hits & Takes John Lothian & JLN Staff Here is the LINK for the DTCC press release about the proposal to shorten the U.S. settlement cycle to T+1 within two years. Former CFTC Chairman J Christopher Giancarlo has an...