John Lothian Profiles
Patrick Birley, obituary
Patrick Birley, the former CEO of NEX Exchange, LCH.Clearnet, the Climate Exchange and SAFEX and devoted father to his three daughters, passed away on 25 October.
Patrick’s career in finance spanned more than 30 years and established him as one of the industry’s great innovators, pioneering the development of electronic trading and carbon credits.
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...


Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China
First Read Hits & Takes John Lothian & JLN Staff Today is GivingTuesday. According to the official GivingTuesday website, "GivingTuesday was created in 2012 as a simple idea: a day that encourages people to do good." I encourage you to make a donation to your...
We visit more than 100 financial news websites daily (Would YOU do that?)
The Spread
A Deeper Dive into 0DTE Options trading: Jonathan Zaionz, Senior Derivatives Analyst at Cboe Global Markets and Author of “The Rise of SPX & 0DTE Options,” Discusses 0DTE and More in this Options Discovery Full Interview
In this Options Discovery full interview, Asma Awass speaks with Jonthan Zaionz, a senior derivatives analyst at Cboe Global Markets who recently had his paper, “The Rise of SPX & 0DTE Options” published.
Goldman Says Sharp Drop in Volatility Is Opportunity for Hedging
Observations & Insight Nasdaq's Kevin Kennedy Discusses GEMX Launch on AWS Cloud, Highlights Latency Improvements and Future Cloud Migration Plans JohnLothianNews.com Nasdaq has been moving its markets to the cloud, and it recently announced GEMX had moved to its...