First Read Hits & Takes By JLN Staff Kevin Wolf, formerly of ViableMkts and Eris Exchange, is now U.S. head of FICC at Euronext. ~JJL Jim Gorman, formerly of Modern Market Initiative and BATS, is now director of Media Relations and Internal Communications at...
Asean
John Lothian Newsletter: HKEx Names New Heads of Global Markets; Regulators Give Ground to Banks; Bourses on road to pan-Asean exchange
Hong Kong Exchanges names Romnesh Lamba and Martin Abbott to be co-heads of global markets. The Basel Committee on Banking Supervision backpedals on capital cushion levels after a couple of years of bank opposition to the new rules. Thailand’s stock exchange continues...
John Lothian Newsletter: Australian Exchange Chief Criticises HFT; Money-Laundering Inquiry Said To Target U.S. Banks; ASEAN Link Lures Retail Investors To Boost Trade
The leader of Australia’s ASX says high-frequency trading is inherently dangerous, and he doesn’t much fancy the exchange model of depending on its high-volume presence for survival. A money-laundering probe is taking shape in multiple agencies, targeting a number of...
John Lothian Newsletter: Switzerland seeks tighter off-exchange oversight; Asean bourse link set for September launch; Chinese Banks Funneled Money to Iran, Prosecutors Believe
Switzerland’s financial regulators shift closer to a US perspective, and plan to exert more control over private derivatives trading. A multi-market data link receives regulatory approval in Asia, setting the Asean connection on a path to go live in September. In...
John Lothian Newsletter
Today’s Newsletter
Crop Trading Giants Start Blockchain Platform With Brazil Deals
First Read $29,776/$300,000 (9.9%) ++++ ++++ Hits & Takes John Lothian & JLN Staff Here is the LINK for the DTCC press release about the proposal to shorten the U.S. settlement cycle to T+1 within two years. Former CFTC Chairman J Christopher Giancarlo has an...
We visit more than 100 websites daily for financial news (Would YOU do that?)
JLN Options Newsletter
Today’s Newsletter
A group of Wall Street Bets traders is laying new plans for a ‘gamma squeeze’ on GameStop stock; JPMorgan’s Kolanovic Says ‘VIX Bubble’ May Spark Stock Rally
A group of Wall Street Bets traders is laying new plans for a ‘gamma squeeze’ on GameStop stock; JPMorgan’s Kolanovic Says ‘VIX Bubble’ May Spark Stock Rally
Everything you need to know about Options Today