First Read Hits & Takes By John Lothian & JLN Staff On Friday I attempted to apply for a Payroll Protection Plan loan, which is part of the CARES Act to help small businesses. However, it turns out the bank I do commercial business with is not part of the...
A daily snapshot of options news regarding regulation, market participants, market structure, and trends in the industry.
Talk about timing. Ten years after the collapse of the global financial market and a decade of rebuilding it, Nasdaq reports that Nasdaq Clearing had to cover for a clearing member default of €114 million on Nasdaq Nordic, a default...
Observations & Insight Lessons From the "Not Guilty" Verdict in This Week's Criminal Spoofing Trial Renato Mariotti, former federal prosecutor - JLN Wednesday's stunning "not guilty" verdict in United States v. Andre Flotron,...
Observations & Insight Miscellany of the Day Spencer Doar - JLN Cboe turned 45 years young and Russell Rhoads has a blog out with 45 facts about Cboe - I forgot seats were originally offered for $10,000. Using a U.S. Inflation Calculator site, the cost of a seat...
Observations & Insight Congressional CFTC Budget Decision Lacks Vision and Reason John Lothian - JLN A reasonable person could see that the U.S. Commodity Futures Trading Commission needs an increase in its budget to address the growing responsibility it has...
First Read Renato Mariotti for Illinois Attorney General; A Former Prosecutor and Current JLN Reader Is The Best Choice For Illinois AG John Lothian - JLN Democratic Attorney General candidate Renato Mariotti stopped by the John Lothian News offices in the Chicago...
Observations & Insight Thaler, Famed for 'Nudge' Theory, Wins Nobel Economics Prize Jonas O Bergman - Bloomberg University of Chicago's Richard H. Thaler, one of the founders of behavioral economics and finance, was awarded the 2017 Nobel Prize in Economics for...
Observations & Insight Crypto Developments of the Week - There Were a Lot Spencer Doar - JLN The news just won't stop in the crypto space and with the big exchanges making moves, new platforms seemingly launched every day, ETFs trying to get off the ground and...
Observations & Insight June 2017 Options Exchange Marketshare via OCC ++++++ OCC Cleared Contract Volume Up Two Percent in June OCC OCC, the world's largest equity derivatives clearing organization, announced today that cleared contract volume in June reached...
Financial Reform Objectives at Odds with Effects of Rules What’s a market maker to do when it can’t warehouse risk? The options industry has a problem with bank capital rules. In this JLN video, Steve Crutchfield, head of market...
First Read New CEO, Updated Offices By John J. Lothian, Executive Chairman Today is the first day in the reign of Jim Kharouf as king....err... CEO of John J. Lothian & Company, Inc. He takes command in our newly updated offices in the CBOT Building, which are not...
First Read Ringing In New Year's Resolutions Jim Kharouf, JLN Some years are more important than others. The trick is guessing what's going to happen ahead of those. Welcome to 2017, the year of Trump, the true start of Brexit, the end of the trading floors in some...
The unintended consequences of financial regulation have been seeping into the markets since the first rule was made in the wake of the financial crisis. One prime example is the leverage ratio, which determines the required capital...
Confidence in German Capital Markets Has Been Shattered; Lessons From Europe’s Covid Surge: Control Is Fragile and Losing It Is Easy
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Wall Street Dealers in Hedging Frenzy Get Blamed for Volatility; Bitcoin Options Market Suggests Investors Preparing for All-Time High
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