In his last address to the FIA as the chief executive of Hong Kong Exchanges and Clearing Ltd., Charles Li looked back at 2020 and toward a brighter future “now that we are seemingly coming out the other side of the tunnel with the vaccines coming.” Set to retire from...
First Read Hits & Takes John Lothian & JLN Staff Today's lead story is about the impact of the pandemic on New York real estate. The story says about 1 in 10 office workers have returned to the office since Covid-19 hit. The story is titled "Manhattan Offices...
First Read Hits & Takes By JLN Staff CFTC Commissioner Dan Berkovitz issued a statement this morning calling for the CFTC's Energy and Environmental Markets Advisory Committee to play a role should convergence issues with the CME Group's WTI crude oil contract...
Today’s bid by Hong Kong Exchanges & Clearing (HKEX) to buy the London Stock Exchange Group for $36.6 billion is a conundrum in what otherwise would be a continuation of global consolidation among exchanges. But it is muddied by the geopolitical backdrop that could make the London Stock Exchange off limits to certain suitors, especially those under the control of the Chinese government.
First Read Hits & Takes By JLN Staff Happy Halloween! Our second compilation video from FIA Expo is out and can be seen below. It is the companion piece to yesterday's MiFID II video. ~SD DePaul is holding their fourth annual Cyber-Risk Conference on 11/28 at the...
First ReadNFA: The Next GenerationJim Kharouf - JLNWith the announced retirement of National Futures Association President and CEO Dan Roth, the organization may face the biggest decision in its history. Roth led the organization since 2003, and succeeded Robert...
Last year represented the first full year in which London Metal Exchange was under the Hong Kong Exchanges & Clearing umbrella. Now the exchange is looking forward to expanding through new products, users and via its relatively new clearing house, LME Clear.The...
First Read Bits & Pieces By JLN Staff Elisabeth Samuels has joined GreenKey Technologies as managing director. She formerly worked for Eurex's Chicago office. The PTG has created a committee on diversity and made this a major issue for 2016. They are working with...
Nikkei got the scoop of the year. It purchased the Financial Times at the 11th hour from FT parent Pearson for £844 million ($1.3 billion).The big surprise was that Hong Kong Exchange and Clearing's Charles Li, CEO and former journalist, didn't buy it, a seeming...
First Read Bits & Pieces By John J. Lothian Doug Ashburn has been promoted to the position of chief operating officer of John J. Lothian & Company, Inc. He assumes this new role in addition to his roles as head of business development and editor at large for...
Hong Kong Exchanges and Clearing is all about connecting. HKEx's CEO Charles Li says his exchange is the linchpin that connects mainland China's markets with the rest of the world. Li, who spoke with John Lothian News editor-in-chief Jim Kharouf at the FIA Boca...
Wednesday's big news came from Nasdaq, which announced plans to enter the energy futures market, challenging the dominance of the CME and ICE. Named Nasdaq Futures (NFX), the new market will launch around midyear with support from leading energy companies. "What do...
Garry Jones took the reins of the London Metal Exchange (LME) at the end of September. Just over a week into the job, he spoke with John Lothian News editor-in-chief Jim Kharouf about the LME’s next steps, what’s happening with the...
Nasdaq OMX Group gains a port of entry into the cash treasuries market with an agreement to buy the eSpeed trading platform from BGC Partners. The UK renames its “failed [regulatory] regime”, repaints the front door in in two colors, and unlocks it for business again....
First Read $40,276/$300,000 (13.4%) ++++ John Lothian News Converts Coronavirus Section of JLN to Wellness Exchange John Lothian - John Lothian News The COVID-19 pandemic has introduced a new risk to those addressed by this newsletter, namely the health and wellness...
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