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JLN Options Newsletter

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Lead Stories

Gary Sagui – Open Outcry Traders History Project

Gary Sagui – Open Outcry Traders History Project

Gary Sagui started his career at Harris Bank in the foreign exchange, then moved to New York for a bond trading job at firm that later failed. However, a chance meeting at a cocktail party for the failed firm and Paine Webber, which took over his firm, introduced him to Bill Dudley.

MarketsWiki

Page of the day

European Energy Exchange AG

European Energy Exchange AG

The European Energy Exchange (EEX Group) reached an agreement with Nasdaq Futures, Inc. (NFX) to acquire its futures and options exchange business, including the portfolio of open interest in NFX contracts. The transaction continues EEX’s expansion into the U.S. energy markets and seaborne commodities sector.

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CryptoMarketsWiki

Page of the day

CME Group, Inc.

CME Group, Inc.

The CME Group announced today that it will launch options on its two year old bitcoin futures. CME says its futures contract averaged more than 6,500 contracts per day this year.

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John Lothian Newsletter

Today’s Newsletter

JLN Options Newsletter

Today’s Newsletter

Lead Stories

Mike Fishbain – Open Outcry Traders History Project

Mike Fishbain – Open Outcry Traders History Project

Mike Fishbain is a former open outcry trader at the Chicago Mercantile Exchange. Today he is part of the customer support team at Trading Technologies, a leading provider of trading screen technology to the futures and options markets. He sat for an interview with John Lothian News as part of the MarketsWiki Education Open Outcry Traders History Project.

Documents unsealed in CFTC v Kraft

Documents unsealed in CFTC v Kraft

On Wednesday, October 2, the Chicago federal district court unsealed 500 hundred pages of documents in the contempt of court dispute between the CFTC and Kraft Foods and Mondelez, as ordered by the Seventh Circuit Court of Appeals. The CFTC...

Anchorage running Libra test nodes and other highlights from the Digital Asset Summit

Anchorage running Libra test nodes and other highlights from the Digital Asset Summit

After the close of the first day of the Voice of Blockchain conference in Chicago on Monday, dozens gathered on the tenth floor of the venue for a Digital Asset Summit hosted by FinTank, a fintech development hub based in Chicago, as well as Fidelity Digital Assets, Galaxy Digital, and Token Daily. It was a closed event unaffiliated with the Voice of Blockchain conference, though many attendees from VoB were there.

Statement on Justice for Jitesh Thakkar

Statement on Justice for Jitesh Thakkar

There is a cloud hanging over the CFTC’s Technology Advisory Committee that does not involve Bitcoin. That cloud has darkened recently. The cloud is the civil case against Jitesh Thakkar, a one-time contributor to the TAC’s high frequency...

Tom Gould – Open Outcry Traders History Project

Tom Gould – Open Outcry Traders History Project

Tom Gould is a former option trader at the Chicago Board Options Exchange. He went on to a brokerage and compliance career. He tells his story about his days trading on the floor of the CBOE to John Lothian News as part of the MarketsWiki Education Open Outcry Traders History Project.

David Silverman: Is Greed Good?

David Silverman: Is Greed Good?

At MarketsWiki Education’s World of Opportunity event in Chicago, David Silverman, the CEO of Alpha Trading, talks about the natural tendency toward greed in the markets and the struggle against it.

The Weekend Update: September 23-27, 2019

The Weekend Update: September 23-27, 2019

JLN PRESS ROOM PICK OF THE WEEK Trump Didn’t Bribe Ukraine. It’s Actually Worse Than That. Reports that President Donald Trump pressured Ukrainian President Volodymyr Zelensky to investigate the son of Democratic presidential candidate Joe...

The CMW Podcast Episode 4: Evolving With the Market

The CMW Podcast Episode 4: Evolving With the Market

Why did Scott Freeman go from being a managing partner at a quantitative hedge fund to starting a company for digital asset trading and advisory services? Scott answers this and other fascinating questions about pivoting into institutional crypto trading, navigating through the regulatory nuances between different markets around the world, and more.

The CFTC’s Night Game

The CFTC’s Night Game

The CFTC, and in particular its new chairman, may be playing night time hardball in the federal courts. It certainly isn’t playing the game out under the lights, though.

The Spread: Brexit, Bitcoin, and Saudi Arabian Oil Options

The Spread: Brexit, Bitcoin, and Saudi Arabian Oil Options

Brexit deadline worries sparked a jump in options on interest rate contracts on ICE Futures Europe, Saudi Arabia oil options created unexpected winners after a drone attack on their oil fields, and Cboe returns its trading floor to its original spot in the CBOT building. Also, ALTSO Rocktoberfest.

The Weekend Update: September 16-20, 2019

The Weekend Update: September 16-20, 2019

JLN PRESS ROOM PICK OF THE WEEK HKEX and LSE, A Capitalist's Conundrum Mitsubishi Corp. said a rogue oil trader at its Singapore unit lost $320 million in unauthorized transactions disguised as legitimate hedges for customers. The employee, a...

The Importance of Investor Education

The Importance of Investor Education

In this video from MarketsWiki Education’s World of Opportunity event in Chicago, Mary Savoie, executive director of the Options Industry Council and first vice president, investor education, for OCC, talks about the importance of investor education and how to become an informed investor.

Documents unsealed in CFTC v Kraft

Documents unsealed in CFTC v Kraft

On Wednesday, October 2, the Chicago federal district court unsealed 500 hundred pages of documents in the contempt of court dispute between the CFTC and Kraft Foods and Mondelez, as ordered by the Seventh Circuit Court of Appeals. The CFTC...

Anchorage running Libra test nodes and other highlights from the Digital Asset Summit

Anchorage running Libra test nodes and other highlights from the Digital Asset Summit

After the close of the first day of the Voice of Blockchain conference in Chicago on Monday, dozens gathered on the tenth floor of the venue for a Digital Asset Summit hosted by FinTank, a fintech development hub based in Chicago, as well as Fidelity Digital Assets, Galaxy Digital, and Token Daily. It was a closed event unaffiliated with the Voice of Blockchain conference, though many attendees from VoB were there.

Statement on Justice for Jitesh Thakkar

Statement on Justice for Jitesh Thakkar

There is a cloud hanging over the CFTC’s Technology Advisory Committee that does not involve Bitcoin. That cloud has darkened recently. The cloud is the civil case against Jitesh Thakkar, a one-time contributor to the TAC’s high frequency...

Tom Gould – Open Outcry Traders History Project

Tom Gould – Open Outcry Traders History Project

Tom Gould is a former option trader at the Chicago Board Options Exchange. He went on to a brokerage and compliance career. He tells his story about his days trading on the floor of the CBOE to John Lothian News as part of the MarketsWiki Education Open Outcry Traders History Project.

David Silverman: Is Greed Good?

David Silverman: Is Greed Good?

At MarketsWiki Education’s World of Opportunity event in Chicago, David Silverman, the CEO of Alpha Trading, talks about the natural tendency toward greed in the markets and the struggle against it.

The Weekend Update: September 23-27, 2019

The Weekend Update: September 23-27, 2019

JLN PRESS ROOM PICK OF THE WEEK Trump Didn’t Bribe Ukraine. It’s Actually Worse Than That. Reports that President Donald Trump pressured Ukrainian President Volodymyr Zelensky to investigate the son of Democratic presidential candidate Joe...

The CMW Podcast Episode 4: Evolving With the Market

The CMW Podcast Episode 4: Evolving With the Market

Why did Scott Freeman go from being a managing partner at a quantitative hedge fund to starting a company for digital asset trading and advisory services? Scott answers this and other fascinating questions about pivoting into institutional crypto trading, navigating through the regulatory nuances between different markets around the world, and more.

The CFTC’s Night Game

The CFTC’s Night Game

The CFTC, and in particular its new chairman, may be playing night time hardball in the federal courts. It certainly isn’t playing the game out under the lights, though.

The Spread: Brexit, Bitcoin, and Saudi Arabian Oil Options

The Spread: Brexit, Bitcoin, and Saudi Arabian Oil Options

Brexit deadline worries sparked a jump in options on interest rate contracts on ICE Futures Europe, Saudi Arabia oil options created unexpected winners after a drone attack on their oil fields, and Cboe returns its trading floor to its original spot in the CBOT building. Also, ALTSO Rocktoberfest.

The Weekend Update: September 16-20, 2019

The Weekend Update: September 16-20, 2019

JLN PRESS ROOM PICK OF THE WEEK HKEX and LSE, A Capitalist's Conundrum Mitsubishi Corp. said a rogue oil trader at its Singapore unit lost $320 million in unauthorized transactions disguised as legitimate hedges for customers. The employee, a...

The Importance of Investor Education

The Importance of Investor Education

In this video from MarketsWiki Education’s World of Opportunity event in Chicago, Mary Savoie, executive director of the Options Industry Council and first vice president, investor education, for OCC, talks about the importance of investor education and how to become an informed investor.

Futures Market Myths

Futures Market Myths

In this video from our MarketsWiki Education World of Opportunity event in Chicago, Donna Heidkamp, the executive director of RJO Futures, says the financial industry gives people the opportunity to be lifelong students, continuing to learn about the economy, politics, culture and many other topics. She also explores some of the myths about the futures markets, including that there is too much leverage in commodities, that you have to take delivery, and that nobody makes money in futures.

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