In “the most uncertain times in the world,” CME Group CEO Terry Duffy does not appear to be fazed by the potential threat of a short selling ban or a financial transaction tax, nor by the volume drop in the CME’s interest rate complex this year.
DTCC
US volatility indices show persistent investor ‘fear’ after rally; Wall Street Fears Market Fragility in $23 Trillion Stock Frenzy
US volatility indices show persistent investor ‘fear’ after rally; Wall Street Fears Market Fragility in $23 Trillion Stock Frenzy
Automation is Key to Managing Margin Calls
Since the start of the coronavirus-induced market volatility, margin calls have been a frequent headline in the news. After all, the global grab for liquidity has set off a chain reaction of asset sales, unwinding trades, and margin calls.
Trouble at Ronin?
With everyone looking for the first big financial collapse of the coronavirus market meltdown, all eyes turned to Ronin, a Chicago-based proprietary trading firm, last Friday.
The Case for More Clearing of Treasury Securities
In this video, DTCC Managing Director and Head of Global Public Policy Mark Wetjen reflects on the Treasury flash crash of 2014 and lays out why more Treasury trading activity should involve a central counterparty. Produced by Mike Forrester ...
Digital Asset Open Sources its Smart Contract Language; Virtu and MarketAxess join forces on global project
In a move that surprised the courtroom, the defense in the trial of U.S. v Jitesh Thakkar rested its case shortly before 1:00 p.m. on Thursday afternoon. Thakkar’s attorney, Renato Mariotti, had called no witnesses in his defense.
CQS hires Xavier Rolet for growth push; DTCC’s Thompson Retires
Get a FREE 90 day trial of John Lothian Newsletter First ReadScott Gordon: In Being Acquired By Marex Spectron, RCG Retains Name, Management, And Gains Global ReachSarah Rudolph, John Lothian NewsRosenthal Collins (RCG) has roots going back...
Virtu to Buy ITG in Almost $1 Billion Deal; CME’s Nex to apply for Dutch exchange licence
Get a FREE 90 day trial of John Lothian Newsletter First Read Hits & Takes JLN Staff From Trading Technologies: "It is with sadness we share that Louise Moore, a London-based customer success manager at TT for the last five...
Changing After The Crisis: A CCP’s Perspective
In this video from FIA Expo, Mark Wetjen, managing director and head of global public policy for DTCC, talks about his recollections from the financial crisis, how policy has impacted DTCC, and Treasury securities as the next...
China/HKEX battle heats up; ETFs Unlikely to Cause Widespread Mkt Disruption
First Read Hits & Takes JLN Staff The JLN Team was saddened to learn of the passing of FIA employee Bernadette Connolly, who passed away after a long illness. Bernie was loved and very respected, as FIA so appropriately shares in...
Man vs. Machine in Battle for a Better Stock Index; Strategy of ADM approach to Bunge; DTCC’s Vision For U.S. Equity Market Structure
First Read Hits & Takes JLN Staff SGX reported that the Emerging Markets Asia Index jumped 40 percent in 2017, surpassing the 20 percent rise in the MSCI World Index. SGX's MSCI Taiwan Index rose 14 percent. ~JK Part 2 of CME Group's five-part Webinar Series...
Two futures exchanges call for post-Brexit Mifid rethink; CME Group and JPX Announce Contract; Systemic risks of clearing
First Read Hits & Takes JLN Staff Today's top story, Two big futures exchanges call for post-Brexit rethink on Mifid, reiterates what Jeff Sprecher said in April 2017 as covered by Business Insider, "Not to sugarcoat it, I think it [MiFID II] is the worst piece of...
US financial regulators warn investors on bitcoin risks; Asian buyers spur bitcoin rise
First Read Hits & Takes By JLN Staff A new survey from DTCC shows geopolitical risk as a top 5 concern of 69 percent of those surveyed - an all-time high. Plenty of other fun stats and infographics in there to digest.~SD Deutsche Boerse turned 25 years old. I...
Key points from CFTC Commissioner Quintenz’s fintech address
CFTC Commissioner Brian Quintenz addressed ISDA’s Unlocking Value in Derivatives Markets conference in London yesterday and a few timely remarks were included (as well as some shout-outs to Galileo and Prometheus...). Regarding the...
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Today’s Newsletter
Washington Made a Fortress for Inauguration After Capitol Riot
First Read $25,451/$300,000 (8.5%) Ricardo Manrique and Philip Slocum ++++ ++++ Elevated Risk Levels, Volatility Seen Continuing as 2021 Debuts Suzanne Cosgrove and Matt Raebel - John Lothian News The pandemic of 2020 and its associated economic fallout pushed the...
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Today’s Newsletter
Why everyone is now an options trader; Strategists See Growing Bets on Emerging-Markets Via ETF Options
Why everyone is now an options trader; Strategists See Growing Bets on Emerging-Markets Via ETF Options
Everything you need to know about Options Today