Stuart Connolly of CloudMargin on bringing efficiencies to post trade derivative processing

Oct 9, 2020

John Lothian

John Lothian

Executive Chairman and CEO

There has been an advancement in efficiency in derivatives that has stopped before getting to the back end, and CloudMargin is working to change that. The company’s CEO Stuart Connolly wants to bring efficiencies to collateral management and take operational risk out of the process. He spoke to John Lothian about the solutions to these problems as well as the $15 million financing round CloudMargin just closed on, working with partners like DeutscheBank, Deutsche Boerse and Citi, and how the pandemic has actually accelerated people’s mindsets around transforming their technology stack.

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First Read Hits & Takes John Lothian & JLN Staff Trading Technologies (TT) celebrated its 30th anniversary yesterday, marking three decades of pioneering advancements in electronic futures trading. Founded in 1994, TT initially revolutionized the industry with its...

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Veteran Trader George Hanley Reflects on Trading Career and Family Legacy in Part Three of Open Outcry Traders History Project Interview

Veteran Trader George Hanley Reflects on Trading Career and Family Legacy in Part Three of Open Outcry Traders History Project Interview

In the third installment of the Open Outcry Traders History Project interview series, veteran trader George Hanley dives deeper into his trading career, family legacy, and the evolution of his business ventures. Conducted by John Lothian News for the MarketsWiki Education series, this segment offers a comprehensive look at Hanley’s experiences and insights from his time on the trading floors.

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George Hanley Reflects on Trading Career in Second Interview Segment of Open Outcry Traders History Project Interview

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In the second part of the Open Outcry Traders History Project interview with veteran trader George Hanley for the MarketsWiki Education series, Hanley shares insights into his dynamic trading journey.

Hanley was trading every month of soybeans at the MidAm and he was one of the few people at the exchange who figured out how to trade the expiring contract and take delivery, if need be. He opened the necessary banking lines, and one time the last day before expiration, he bought the market limit down and sold it limit up because others were afraid to get caught and have to take delivery, he said.

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May 17, 2024 — The Greenwood Project, a nonprofit that prepares minority college students for careers in financial services, is undergoing major changes under new CEO Kwesi Smith to significantly expand its reach and impact. 

Smith, who has two decades of experience as a research analyst and investor, took over leadership of the Chicago-based organization in 2023. He aims to transform Greenwood into the premier talent pipeline for Black and Latino students nationwide seeking high-trajectory finance careers, Smith told John Lothian News in a recent video interview.