Consolidated Audit Trail

Deutsche Bank sets equity derivatives sale deadline; Eerily quiet markets; Citi trading cuts

by Spencer Doar | Jul 30, 2019

A daily snapshot of options news regarding regulation, market participants, market structure, and trends in the industry.

Algebris launches new fund targeting jumps in volatility; New CAT Timeline

by Spencer Doar | May 29, 2019

Get a FREE 90 day trial of John Lothian Newsletter Observations & InsightWednesday MiscellanyThe team at T3 Index introduced the www.spikesanalytics.com website, which provides analysis and insights on the settlement auction for SPIKES...

Goldman’s Trading Floor Is Going Open-Source. Kind of.; CAT – Moving the Ball Forward

by Spencer Doar | Apr 3, 2019

Get a FREE 90 day trial of John Lothian Newsletter Observations & InsightWhy The Mayor MattersJim Kharouf - JLNIn 2016, London grabbed global attention by electing Sadiq Khan as mayor, the first British-Pakistani to take the reins of the...

The Spread – A CAT and Three Lizards Walk Into a Bar…

by Spencer Doar | Mar 30, 2019

What do an Irish pub, a reptilian derivative product and eurodollar trading have in common? This episode of "The Spread." The following are the stories referenced: - The Whaley Tavern- WSJ -> SEC Addresses Cybersecurity Concerns About...

How Natixis Lost $300 Million on Options “Lizards”; Sniper in Mahwah Returns; HFT Fragility?

by Spencer Doar | Mar 27, 2019

Observations & Insight Brexit: Fine in Five Years, but a Mess Right Now - Garry Jones JohnLothianNews.com At the 2019 FIA conference in Boca Raton, Fla., Garry Jones was inducted into the Futures Hall of Fame. In this video from JLN's...

The CAT Saga Continues; Treasury Swings Jump Like It’s 2016

by Spencer Doar | Mar 26, 2019

The day’s options and derivatives news from financial services professionals. Today’s newsletter covers increased volatility in Treasury markets and the ongoing saga with the Consolidated Audit Trail (CAT).

Dead Calm as Fed Vows No Action; No-Deal Brexit Possibility Comes Alive; Short and Distort?

by Spencer Doar | Mar 21, 2019

Get a FREE 90 day trial of John Lothian Newsletter Lead StoriesDead calm in markets unsettles Wall Street as Fed vows no actionPeter Wells and Robin Wigglesworth - Financial Times (SUBSCRIPTION)Volatility across several major asset classes has...

Deutsche Boerse puts brakes on HFT; Judge tosses Barclays trader’s FX options front-running case

by Spencer Doar | Mar 5, 2019

Get a FREE 90 day trial of John Lothian Newsletter Observations & InsightBrace yourself. It may be time for a financial transaction taxJim Kharouf - John Lothian NewsIn the past few weeks the financial transaction tax (FTT) has been...

The Spread – OTC Options: Prescription Needed? – 3/1

by Spencer Doar | Mar 1, 2019

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...

FINRA Selected as CAT Plan Processor; Top 100 Players in US Listed Market Structure; Euro-dollar cross

by Spencer Doar | Feb 28, 2019

Get a FREE 90 day trial of John Lothian Newsletter Lead StoriesCAT NMS Selects FINRA as Consolidated Audit Trail Plan ProcessorBusiness WireCAT NMS, LLC (CAT NMS) today announced that the Financial Industry Regulatory Authority, Inc. (FINRA)...

China to combine foreign investment schemes; CAT Issues; Volatility Returns to Normal

by Spencer Doar | Feb 1, 2019

Get a FREE 90 day trial of John Lothian Newsletter First ReadHow Many Lives Does This CAT Have Left?Spencer Doar - JLNIf the old saying holds true, one has to wonder how many lives the Consolidated Audit Trail (CAT) has left.Yesterday, it was...

The Spread – Phil’s Shadow – 2/1

by Spencer Doar | Feb 1, 2019

What a January for the U.S. - the government shutdown, the polar vortex, and the Consolidated Audit Trail?! What's next? The following are the stories referenced in this week's episode: -AccuWeather -> Polar vortex's bitter cold could cost...

Stock Exchanges to Fire Firm Building CAT; EU accuses eight banks of sovereign bond collusion

by Spencer Doar | Feb 1, 2019

How Many Lives Does This CAT Have Left?

by Spencer Doar | Feb 1, 2019

If the old saying holds true, one has to wonder how many lives the Consolidated Audit Trail (CAT) has left. Yesterday, it was leaked to the WSJ that the contractor hired to build the Consolidated Audit Trail, Thesys Technologies, was fired by...