In a one-on-one discussion with FIA President Walt Lukken on Thursday, Acting CFTC Rostin Behnam talked about the commission’s new Climate Risk Unit, saying the unit will let the commission pivot its attention away from the broader concerns about the effects of climate change on financial markets raised in last year’s report from the CFTC’s Market Risk Advisory Committee to a focus on derivatives’ role in smoothing the transition to zero carbon emissions by 2050.
If there still are any doubters as to the extent of Brexit’s impact on London’s financial markets, Mairead McGuinness, European commissioner for financial services, set them straight on Tuesday. In a keynote address to the FIA’s Boca conference, she called the U.K.’s then-popular 2016 decision to leave the E.U. “a major fragmenting event” with consequences.
The Real Battle for the City of London; LME brokers plan EU outposts to resolve Brexit effects
Stock Trading Frenzy Has U.S. Volumes Near Peak Panic Levels; Brexit deals London another blow with loss of euro derivatives volumes
The Reddit Frenzy Has Already Quadrupled Silver’s Options Volume; A Onetime Giant of Volatility Has Gone Haywire in OTC Trading
Volatility in U.S. stocks jumps as investors brace for Senate ‘blue sweep’; Day Trader Quickly Put to Test After End-Of-Year Buy Frenzy
US options traders bet Wall Street stocks will build on record highs; A Speculative Frenzy Is Sweeping Wall Street and World Markets
It’s time for stock market investors to get in caution mode; Tech stock boom a ‘bubble waiting to burst’: Amundi CIO
China Vows to Investigate Bond-Market Misconduct; CFTC’s Tarbert: Global standards for crypto and CCPs are top industry priorities
This week on The Spread, the CME announces the launch of new volatility indices, the OCC’s David Prosperi retires, and more.
David Prosperi retires from OCC; Bitcoin Options Investors Are Starting to Hedge Against Potential Price Pullback
Covid Is Resurging, and This Time It’s Everywhere; Australian Bourse Halts Trading in Longest Outage in Decade
U.S. Stock-Index Futures Drop; Masayoshi Son’s Personal Stake in SoftBank Trading Unit Draws Fire
Misfiring Havens May Saddle Investors With Costly Equity Hedges; Speculators’ Bullish U.S. Stock Bets Are Near Two-Year High
This Vegan Billionaire Disrupted the Crypto Markets. Stocks May Be Next; ‘Dramatic’ Round of Regulation Seen Coming for Cryptocurrencies
We visit more than 100 websites daily for financial news (Would YOU do that?)
Day Trader Fever Ticking Back Up in Latest Show of Retail Pluck; JPMorgan Sells an Exotic Quant Trade Chasing Stock-Market Whales
Everything you need to know about Options Today