Helping the world manage non-price oriented market risk since 2000
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Options Discovery Episode 20: Intro to Options and Earnings; Etoro Equity and Derivatives Investment Analyst, Callie Cox, Breaks Down Options and Earnings With Jln’s Alex Teng
In this episode of Options Discovery, Asma Awass introduces equity option price behavior around earnings announcements. Alex Teng dives deeper into this topic with Callie Cox, a seasoned investment analyst and content creator from the “social-based” brThinkorswimm eToro.
Options And Earnings: Callie Cox, Investment Analyst At Etoro, Explains These Concepts And More In This Options Discovery Interview
In this Options Discovery full interview, Alex Teng sits down with Callie Cox, equity and derivatives analyst at eToro, for this week’s full interview.
Exploring Term CORRA: An Interview with Michelle Tran, President of TMX Datalinx
In a recent interview with Michelle Tran, president of TMX Datalinx, John Lothian News delved into the world of Term CORRA and its potential impact on the financial markets.
Term CORRA, which stands for Canadian Overnight Repo Rate Average, has garnered significant attention in the financial industry due to its potential to reshape the landscape of Canadian interest rate benchmarks.
Tran began by sharing insights into the implications of the launch of Term CORRA for TMX/MX, the Toronto-based stock exchange operator. She highlighted the importance of this benchmark in enhancing transparency and accuracy in the Canadian financial markets. Term CORRA is set to provide market participants with a reliable tool for risk management and pricing across various financial products.
Options Discovery
Options And Earnings: Callie Cox, Investment Analyst At Etoro, Explains These Concepts And More In This Options Discovery Interview
In this Options Discovery full interview, Alex Teng sits down with Callie Cox, equity and derivatives analyst at eToro, for this week’s full interview.
The JLN Daily Update
The JLN Newsletter turned into a daily podcast.
MW Page of the day
Deutsche Boerse Group
Deutsche Börse announced the final outcome for its public takeover of SimCorp, saying it now holds around 94 percent of all SimCorp shares (excluding SimCorp treasury shares). The offering is expected to be completed on September 29.
How Xi Jinping is taking control of China’s stock market
First Read Hits & Takes John Lothian & JLN Staff In a keynote address at the World Federation of Exchanges (WFE) General Annual Meeting in Bermuda, CFTC Commissioner Kristin Johnson delivered a thought-provoking speech highlighting the challenges and...
‘Witching day’ price spikes point to options market manipulation – study
Lead Stories 'Witching day' price spikes point to options market manipulation - study; Data reveals patterns that can be explained no other way, researchers say Rob Mannix - Risk.net Is someone manipulating options markets on expiration days? A controversial new study...
Paula DiPerna’s Inherent Contradiction and Paradox Book: Pricing the Priceless
Author Paula DiPerna has been in the room where it happened with such luminaries as Jacques-Yves Cousteau, Richard Sandor and George W. Bush. She was inspired by Sandor to try to do something to deal with climate change after hearing him at an event after the Rio Summit.
As the president of the Joyce Foundation in Chicago, she helped Sandor start the Chicago Climate Exchange and served on the CCX board and as president of CCX – International.
EXCLUSIVE: JLN ICE House Vinnie Viola NYSE Interview by Josh King
ICE Chief Communications Officer Josh King has done it again, with an in-depth and rich ICE House interview, this time with former NYMEX Chairman and Virtu Founder Vinnie Viola. JLN was given an exclusive preview of the interview, which is to be published on Monday, August 28.
In his ICE House interviews, King, who is also the NYSE’s head of corporate affairs, is able to connect his own life with that of his interviewee in a way that sets up the interview perfectly. King’s interview is like none I had ever heard or seen with Viola before.
The John Lothian News Daily Update (Weekly Roundup) – Week of 8/21/2023
Liam Huxley Talks Cassini Systems and the Challenges Firms Face Holistically
John Lothian News interviewed Cassini Systems Founder & CEO Liam Huxley over Zoom recently and asked him about the origin of Cassini, the problems it was founded to solve and what is new. Huxley said Cassini is focused on its four pillars of an operating model, including margin optimization, collateral optimization and forecasting or stress testing. The fourth pillar is for firms to be able to manage liquidity and profitability.
HOU is the Domestic Crude Oil Benchmark on the Move
Jeff Barbuto is trying to build a new benchmark in U.S. domestic crude oil at Intercontinental Exchange, where he has worked for 21 years running oil and is now the head of global oil markets. The benchmark is HOU, the Midland WTI contract for the Gulf Coast first started five years ago with the help of Magellan Midstream Partners.
Barbuto’s efforts to start building the new benchmark started 10 to 15 years ago as issues with supply gluts at Cushing, OK encouraged a solution to move oil from the middle of the country to the Gulf Coast.
In 2011, the Brent-WTI spread went negative for the first time, after running at about a two-dollar premium for the West Texas Intermediate the North Sea Brent crude over, Barbuto said. WTI would go as much at $25 below Brent in 2011 because of supply gluts in Cushing as more Canadian crude oil made its way to Cushing and more pipelines of crude were coming up to Cushing but not having an outlet, Barbuto said.
Credit Rating Research Specialist Daniel Cash on the complexity of rating ESG, the source of “woke-ism,” and why extra due diligence is necessary
John Lothian News talked with Daniel Cash, a credit rating research specialist and Reader in Law at Aston University, about credit ratings and the complexity of rating ESG. Cash described the origins and relative simplicity of existing credit ratings as well as the challenges of ESG ratings.
WFE CEO Nandini Sukumar speaks with JLN about ESG progress at the World Federation of Exchanges, the WFE’s new green equity principles, and the difference between sustainability and ESG
John Lothian News interviewed Nandini Sukumar, Chief Executive Officer at the World Federation of Exchanges (WFE), about the findings of the WFE’s 9th Sustainability Survey of Exchanges. First, Sukumar discussed the WFE’s process for conducting the survey and its findings, which reflect the many ways that exchanges have increased their activity in the sustainability and ESG areas.
John Lothian News Sponsors
EXCLUSIVE: JLN ICE House Vinnie Viola NYSE Interview by Josh King
ICE Chief Communications Officer Josh King has done it again, with an in-depth and rich ICE House interview, this time with former NYMEX Chairman and Virtu Founder Vinnie Viola. JLN was given an exclusive preview of the interview, which is to be published on Monday, August 28.
In his ICE House interviews, King, who is also the NYSE’s head of corporate affairs, is able to connect his own life with that of his interviewee in a way that sets up the interview perfectly. King’s interview is like none I had ever heard or seen with Viola before.
The John Lothian News Daily Update (Weekly Roundup) – Week of 8/21/2023
Liam Huxley Talks Cassini Systems and the Challenges Firms Face Holistically
John Lothian News interviewed Cassini Systems Founder & CEO Liam Huxley over Zoom recently and asked him about the origin of Cassini, the problems it was founded to solve and what is new. Huxley said Cassini is focused on its four pillars of an operating model, including margin optimization, collateral optimization and forecasting or stress testing. The fourth pillar is for firms to be able to manage liquidity and profitability.
HOU is the Domestic Crude Oil Benchmark on the Move
Jeff Barbuto is trying to build a new benchmark in U.S. domestic crude oil at Intercontinental Exchange, where he has worked for 21 years running oil and is now the head of global oil markets. The benchmark is HOU, the Midland WTI contract for the Gulf Coast first started five years ago with the help of Magellan Midstream Partners.
Barbuto’s efforts to start building the new benchmark started 10 to 15 years ago as issues with supply gluts at Cushing, OK encouraged a solution to move oil from the middle of the country to the Gulf Coast.
In 2011, the Brent-WTI spread went negative for the first time, after running at about a two-dollar premium for the West Texas Intermediate the North Sea Brent crude over, Barbuto said. WTI would go as much at $25 below Brent in 2011 because of supply gluts in Cushing as more Canadian crude oil made its way to Cushing and more pipelines of crude were coming up to Cushing but not having an outlet, Barbuto said.
Credit Rating Research Specialist Daniel Cash on the complexity of rating ESG, the source of “woke-ism,” and why extra due diligence is necessary
John Lothian News talked with Daniel Cash, a credit rating research specialist and Reader in Law at Aston University, about credit ratings and the complexity of rating ESG. Cash described the origins and relative simplicity of existing credit ratings as well as the challenges of ESG ratings.
WFE CEO Nandini Sukumar speaks with JLN about ESG progress at the World Federation of Exchanges, the WFE’s new green equity principles, and the difference between sustainability and ESG
John Lothian News interviewed Nandini Sukumar, Chief Executive Officer at the World Federation of Exchanges (WFE), about the findings of the WFE’s 9th Sustainability Survey of Exchanges. First, Sukumar discussed the WFE’s process for conducting the survey and its findings, which reflect the many ways that exchanges have increased their activity in the sustainability and ESG areas.
Eris Innovations and CME Group Talk Eris SOFR Products Success
John Lothian News interviewed Michael Riddle, CEO of Eris Innovations, and Agha Mirza, managing director and global head of rates and OTC products for the CME Group about the success of the Eris SOFR products trading on the CME.
JLN asked about the origin story of the Eris products and when they began to trade on the CME.
ICE’s Chris Edmonds Expands on Crypto Commentary in JLN Video Interview
Last Friday John Lothian News interviewed ICE Chief Development Officer Chris Edmonds about the commentary he wrote that JLN published and why he wrote it and what he was trying to accomplish.
We asked him what lessons were learned from the BAKKT experience and what was ICE trying to accomplish with the exchange and clearing offering and what didn’t work?
Edmonds said the lesson learned was that the market did not want a physically delivered bitcoin contract.
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