John Lothian Profiles
John Lothian Profiles: A Look Back with Steve Staszak
Former CME Group Director of Clearing Operations Reflects on a Career that Spanned the Modern Futures Trading Era Steve Staszak recently retired from the CME Group, where he was director of clearing operations. Staszak began his career at the old CME Building on...
John Lothian Profiles: Ralf Roth – Market Structure Matters
https://vimeo.com/280622111 Ralf Roth got his start in 1994 at Deutsche Bank as a junior fixed income analyst. Starting at the bottom and working his way up, Roth occupied various roles in equities and prime broking before eventually becoming the global head of equity...
John Lothian Profiles: George Gero’s long winding road through the futures industry
George Gero started out as a floor clerk on the New York Stock Exchange in 1959. He has been a witness to the growth and changes in the markets over the years, becoming a member of NYMEX, COMEX, the American Stock Exchange and PHLX...
John Lothian Profiles: Bob Otter – 40 Years in Futures
From humble beginnings as a runner during high school, Bob Otter became a futures industry tale of success. He told John Lothian News about what was lost and what was gained when exchanges went all electronic, as well as the lessons he learned. His career began the...
John Lothian Profiles: Tom Kadlec
From regulation to technology to the revenue structure, futures commission merchants have experienced drastic changes over the last 30 years, as Tom Kadlec, CEO of ADM Investor Services, knows full well. In this John Lothian Profiles...
John Lothian Profiles: Mike Forrester reflects on 50 years of trading at the CBOT
Toledo, Ohio-born Mike Forrester has been a member of the Chicago Board of Trade for more than 50 years. He started out at the CBOT as a runner for the old Uhlman Grain Company in 1963 at age 22. He got interested in the markets and...
John Lothian Profiles: Blair Hull
It's not every day you hear one of the most successful traders and businessmen in the industry say he got his start as a card counter in blackjack."My brother-in-law told me that he made money in Lake Tahoe, enough money to pay for...
John Lothian Profiles: Lee Stern
Lee Stern has seen it all in his career - the highs of great markets and the lows of market scandal. After completing his military service in 1947, Stern enrolled in Roosevelt College and then found his way to the Chicago Board of...
John Lothian Profiles: Neal Kottke
https://www.youtube.com/watch?v=6BESH_tfCDE Neal Kottke, chairman of Kottke Associates in Chicago, is one of those industry veterans who has done it all in his career, from the commercial side to clearing, to starting his own clearing firm to proprietary...
John Lothian Profiles: Tom Cashman
https://www.youtube.com/watch?v=hBJLih0yG_E Tom Cashman, a member of an iconic Chicago Board of Trade (CBOT) family, is a pit trader, exchange trading floor broker and 50-year member of the exchange. Tom Cashman's contributions to the CBOT governance are...

SEC’s Coinbase Complaint Sets Off Battle for Crypto’s Future
First Read Hits & Takes John Lothian & JLN Staff Besides missing IDX in London later this month, I am missing the 25th annual conference of the AFM in Budapest going on right now. The conference started yesterday, June 6, with an opening pre-recorded keynote...
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The Spread
SHORT DATED OPTIONS AT NASDAQ; SEAN FEENEY, HEAD OF US OPTIONS AT NASDAQ, DISCUSSES SHORTED DATED OPTIONS AND TIME VALUE IN THIS OPTIONS DISCOVERY FULL INTERVIEW
In this Options Discovery full interview, Alex Teng sits down with Sean Feeney, head of US options at Nasdaq, in the first ever in person interview in Options Discovery history. Alex and Sean discuss Sean’s career, short dated options, 0DTE options, Nasdaq’s history, and more.
Wall Street’s New Fear Gauge (VIX1D) Is Trading in Curiously Stable Way
Observations & Insight 0DTE Options and Single Stock Futures - Two Products Linked Together in My Mind JohnLothianNews.com Back in 2000 and years forward I was a huge proponent of single stock futures. I thought it was a product that was going to transform the...