eSpeed

The Case That Changed the Industry

by Jim Kharouf | Jan 20, 2017

Back in 2005, I began covering a major development in the financial industry - patents. More specifically, I began covering the patent infringement cases by Trading Technologies against a number of firms including CQG. That case, which lasted almost 12 years with...

eSpeed Comes Full Circle, Rolls Ahead with TT Connectivity

by JLN Staff | Mar 4, 2014

Trading Technologies (TT) announced this morning the release of its connection to eSpeed’s central limit order book for treasury securities. The move not only benefits all parties, but also closes out a particularly contentious chapter in eSpeed’s history. When BGC...

JLN Options: Options Week in Review

by JLN Staff | Apr 4, 2013

The long-standing battle over the CBOE's exclusive right to offer products based on its license agreements with Standard & Poor's and Dow Jones indexes may end up before the U.S. Supreme Court, if Citadel and the ISE get their way. The Court is expected to review...

JLN Options: VIX ETFs Rise In Response To Sluggish Equity Markets

by JLN Staff | Apr 2, 2013

Commentary & InsightNFA Chairman Chris Hehmeyer Talks Bankruptcy ReformMarketsWiki.tvOne of the issues that emerged from the MF Global collapse was the complex and often frustrating US bankruptcy process. In the case of MF Global, futures customers’ claims were...

John Lothian Newsletter: Nasdaq to buy eSpeed platform for $750 million; U.K. Replaces ’Failed’ FSA With Prudential Regulatory Authority; Hong Kong as World-Beater Forged in London Metal by Mandarin Li

by JLN Staff | Apr 2, 2013

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....

Patently Different World

by John Lothian | Apr 14, 2011

Back in 2004 before I first broke the Trading Technologies (TT) MD Trader patent story in this newsletter, I tried to give the story away to a larger news organization with the depth and reputation I thought could handle it. I thought it was too big of a story for a...