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Old Downtown Chicago Trading Hub Becomes New AI Data Center
First Read Hits & Takes John Lothian & JLN Staff The former Cboe Global Markets trading headquarters at 400 S. LaSalle Street is undergoing a $300 million to $400 million conversion into a 33-megawatt AI data center by Legacy Investing and GI Partners, Natalie...
Gensler to Supreme Court: “I Was There,” and Dodd-Frank Didn’t Make the CFTC a Sports Book
WILLIAMS BAY, WI (JLN) — October 9, 2026: Gary Gensler was often a burr under the futures industry's saddle while he ran the CFTC. Now he is TradFi's best friend, filing amicus briefs telling courts sports betting isn't part of the Commodity Exchange Act and never...
Longshots Losing 98% of Time Dominate Kalshi, Polymarket Trading
First Read Hits & Takes John Lothian & JLN Staff This is not going to end well. A 23-karat gold-leaf statue depicting a naked Donald Trump, titled "The Orange Plague – King of Injustice," has been unveiled at the European Parliament in Strasbourg, Suha Kidwai...
A 30% Options Pop in Mere Minutes Shows Power of ‘Finfluencers’
First Read Hits & Takes John Lothian & JLN Staff Where the CME Group blinked, Kalshi thinked. Kalshi Inc. has filed a proposal with the Commodity Futures Trading Commission for a West Texas Intermediate (WTI) crude-linked perpetual futures contract, one that never...