In the past few years, OCC has taken steps to strengthen its resilience through a variety of activities including increasing headcount, working to revamp the clearinghouse’s technology stack and altering margin methodologies, to name a few. In this video, OCC Executive Vice President and Chief Operating Officer Scot Warren talks about the OCC’s new capital management policy.
The OCC’s ENCORE clearing system, while resilient, is long in the tooth and inflexible. OCC’s Project Renaissance aims to revamp the central counterparty’s data, risk management and clearing systems. The OCC chose Cinnober as a partner for the...
If Christopher Walken were a derivatives exchange executive, he might be known for the quote, "I got a fever, and the only prescription... is more clearing!" This this week's episode features the following stories: -BusinessWire -> CAT NMS...
Get a FREE 90 day trial of John Lothian Newsletter Observations & InsightFed Chief Jerome Powell Says U.S. Economy 'Is in a Good Place'Nick Timiraos - WSJ (SUBSCRIPTION)Federal Reserve Chairman Jerome Powell said the U.S. economy is doing...
Get a FREE 90 day trial of John Lothian Newsletter First ReadHits & TakesJLN StaffTT's Chief Marketing Officer Brian Mehta's excellent interview with tZERO CEO Saum Noursalehi revealed tZERO tentatively plans to launch the first...
It was a semi-slow week for options news, the big exception being the SEC's surprise rejection of the OCC's capital plan. In this episode, we wonder what could have happened in a different universe. The following are stories referenced in...
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Get a FREE 90 day trial of John Lothian Newsletter First ReadHits & TakesJLN StaffThe inimitable Nils-Robert Persson stepped down as executive chairman of Cinnober yesterday after 20 years with the firm. In a post in LinkedIn, he said he...
Get a FREE 90 day trial of John Lothian Newsletter Observations & Insight Tuesday's Tidbits Spencer Doar - JLN Yes, the VIX has been on the rise, but VIX activity pales in comparison to that of Cboe's Brazilian volatility gauge (VXEWZ), which is the VIX...
Get a FREE 90 day trial of John Lothian Newsletter Observations & Insight T.G.I. (Almost) F. or: How I Learned to Stop Worrying and Love Pot Stock Volatility Spencer Doar - JLN Weed stocks are way more volatile than the...
First Read $9,041/$300,000 (3%) How we think and what we think about Peak6 is about to change By John J. Lothian Peak6 was founded as a proprietary trading firm in Chicago by Matthew N. Hulsizer and Jennifer Just. We might think of Peak6 as the firm with the...
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