First Read Hits & Takes By JLN Staff Ray Dalio, refuting a story from Friday, says Bridgewater has no net short bet against stocks. For the record, no hedge fund ever has a net short bet. That is not what they do. Hedge funds hedge, in some way.~JJL Cboe has a...
Bob Fitzsimmons, executive VP at Wedbush Securities, spoke with JLN at FIA Expo 2019 about the transition away from Libor to Sonia, SOFR and Ameribor, the potential for bitcoin contracts, FCM consolidation, and the impact of tariffs on the agricultural community.
In what might prove to be a seminal moment in the development of the cryptocurrency and blockchain community in Chicago, Chicago Mayor Rahm Emanuel addressed an audience of nearly 150 on Monday. Extolling the virtues that Chicago possesses, Emanuel made the case that the city has the opportunity to become a preeminent global fintech center.
"Understand the implications, the ramifications of what you do - what it does downstream and what it does upstream. Understand the whole process." What do "Patton," "The Right Stuff" and "Goodfellas" have in common? They're all used...
First Read Hits & Takes JLN Staff This Thursday in Chicago, the FIA will hold its 2018 Annual Meeting & Washington Update where Walt Lukken will mention CQG's Pat Kenny at least three times during his remarks. That is just my prediction.~JJL This year's FIA...
Bitcoin, The Long View: Wedbush's Bob Fitzsimmons Says We're Just Beginning To Build A Market For Bitcoin In December 2016, it was announced Bob Fitzsimmons would take the reins at Wedbush Securities as managing director and head of...
First Read $29,826/$300,000 (9.9%) Charles Bohm ++++ Hits & Takes John Lothian & JLN Staff The CME set new record volumes in the Ultra 10-Year Note and 30-Year Bond futures on February 23. Ultra 10-Year Note futures reached a record volume of 1.7 million...
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GameStop shares on track to triple for week as options trading spikes; GameStop short-sellers have lost $1.9 billion in just 2 days amid the stock’s latest spike
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