First Read $28,051/$300,000 (9.4%) ++++ ++++ Hits & Takes John Lothian & JLN Staff MarketsWiki was successfully migrated to a new hosting provider over the weekend and is noticeably faster to load. Thank you to Jeff Bergstrom, JLN's CIO, for his hard work this...
SEC Commissioner Hester Peirce reiterated her often-expressed free market stance toward the cryptocurrency markets Tuesday, saying the industry has been developing at a dramatic pace and the regulatory pace has not kept up. As a consequence, the industry is fraught...
John Lothian News is presenting the May 14 Bachelier Options Model virtual panel as a podcast.
Observations & Insight Thank you to Don Wilson, Jerry Hanweck and Lee Betsill for participating in the Bachelier Options Model virtual panel yesterday. It was quick and went well for the most part, though I am out of practice as a moderator...
JLN PRESS ROOM PICK OF THE WEEK Futures Traders Are Getting Squeezed and More Job Cuts Are Expected The futures world was buffeted in recent days with news of workforce cuts, and industry veterans say more may be on the way as smaller firms are...
Lee Tenzer is one of the giants of the Chicago markets. He was an inaugural member of the Crowd of Fame from the Options Industry Council. Lee E. Tenzer is the founder of trading firm LETCO and brought two leading names from the industry into the markets. His first...
Get a FREE 90 day trial of John Lothian Newsletter First Read Wilson goes all in against the CFTC and the industry wins Jim Kharouf, JLN There are traders who put their careers on the line every day in the markets. And then there's Don Wilson,...
Two years ago I wrote about the Commodity Futures Trading Commission enforcement action against Don Wilson and his company DRW Investments alleging price manipulation in certain financial instruments.
There are traders who put their careers on the line every day in the markets. And then there’s Don Wilson, who put his career and firm on the line in court with the Commodity Futures Trading Commission, and won.
"Sometimes these exogenous shocks force us to look at things that we do in a different way." The financial industry has adapted to new technologies before, but AFX CEO and Chairman Richard Sandor believes blockchain will gain...
First Read Hits & Takes JLN Staff The CBOE is holding its press lunch today in Chicago. It is the Chicago financial press's opportunity to ask tough questions to the CBOE management team. My money's on the first question being about bitcoin.~JJL A few names...
Lead Stories Cost of Protecting Against Market Swings Is at Its Highest Ever Cecile Vannucci - Bloomberg While the CBOE Volatility Index declined last week, the cost of protecting against large market swings has surpassed a peak hit following the Brexit vote, reaching...
Observations & Insight JLN Options To Have Guest Editor: The Schwartz Will Be With Us As much as I'm sure you all love the JLN team's snark and irreverence, sometimes we shake things up. As such, next week we will have a guest editor: Trade Alert's Henry Schwartz....
Observations & Insight November Options Exchange Marketshare via OCC ++++ The View from Convergex: Reinvention, Options and Market Structure Spencer Doar - JLN It may come as a surprise that Convergex, the agency brokerage with headquarters in New York, has a hand...
First Read $29,776/$300,000 (9.9%) ++++ ++++ Hits & Takes John Lothian & JLN Staff Here is the LINK for the DTCC press release about the proposal to shorten the U.S. settlement cycle to T+1 within two years. Former CFTC Chairman J Christopher Giancarlo has an...
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A group of Wall Street Bets traders is laying new plans for a ‘gamma squeeze’ on GameStop stock; JPMorgan’s Kolanovic Says ‘VIX Bubble’ May Spark Stock Rally
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