London Traders Hit $500 Million Jackpot When Oil Went Negative; Libor and Euribor replacements are also vulnerable
Euribor
‘Smart Money Knows That Crypto Is Not Ready’; Spoofing Trial Updates
April 1, 2019 was the first day in the criminal trial U.S. v Thakkar, in which the government charges that Jitesh Thakkar aided and abetted spoofing in a manipulative and deceptive scheme carried out by another person.
Eris Exchange to Create Crypto Market Backed by DRW, Virtu
Get a FREE 90 day trial of John Lothian Newsletter First Read Brexit Has Industry Participants Prepping For "Worst Case Scenario" Jim Kharouf - JLN Industry participants are preparing for a worst case scenario with the UK Brexit...
How a volatility virus infected Wall Street
First Read Hits & Takes JLN Staff At yesterday's IFM Smart Financial Regulation Roundtable: Implications of Cryptocurrencies in Washington DC, Rostin Behnam, commissioner, Commodity Futures Trading Commission, was asked if he...
FXCM banned by CFTC after taking positions against clients; Deutsche Börse backs CEO Kengeter amid probe into his share dealings; World Federation Of Exchanges Publishes White Paper On CCP Recovery & Resolution
First Read Michael Bloomberg on How to Succeed in Business Sam Roberts - NY Times He was the grandson of Russian and Lithuanian immigrants and the son of a dairy company accountant, and he was fired before he was 40. But Michael R. Bloomberg persevered to become, at...
JPMorgan Hit Hardest as EU Fines Euribor Trio $521 Million; Citi trader deepened October’s pound ‘flash crash’; NSE May Put IPO Plan on Ice as Top Execs Quit and Sebi Says No to Self-listing
First Read David Norman, Essex University - What Sets Graduates Apart? MarketsWikiEducation.com "The industry feels like it has lost its way." In this video from MarketsWiki Education's London Event, David Norman, a lecturer at Essex University and Queen Mary...
John Lothian Newsletter: Hedge Fund Veterans Who Blew Themselves up Now Courting Chinese Investors; The Franc Problem with Switzerland; Britain begins first Euribor rate-rigging case
First Read Bits & Pieces, and RIP Doug Ashburn and Jim Kharouf - JLN If you opened the newsletter last week, you read about something new we are doing - a recap of the top-clicked stories from the previous newsletter. Friday's tops are "How 'Big Short' Actor...
Smalls and Mediums: Richard Sandor Looks To Transform The Small and Mid-Tier Bank Sector – Part 2
(Scroll down to view the entire story or click here to view the story on Sway.)Richard Sandor has introduced markets to everything from interest rate futures to greenhouse gas derivatives over the past 40 years. Now he's shifted his attention to small and mid-sized...
All Smalls and Mediums: Richard Sandor Looks To Transform The Small and Mid-Tier Bank Sector (Part 1)
For the past 40-plus years, Richard Sandor has created some of the most successful products in the modern era of financial markets, from interest rate futures to greenhouse gas derivatives. Now he shifted his attention to small- and mid-sized banks with a new exchange...
John Lothian Newsletter: Banks Set for Swaps-Rule Win in Broader Deal to Fund Government; Bloomberg News replaces founding editor; LSE presses Europe to open derivatives trading
First Read Orc Group Returns as MarketsWiki Sponsors Orc Group has returned to the ranks of MarketsWiki sponsors for 2015. Orc Group, which provides technology for advanced trading, electronic execution and professional services solutions to the global financial...
Eurex Euribor Fee Waiver Heats Up Euro-Fixed Income Battle
The battle for the Euribor heated up yesterday with Eurex announcing via member circular a fee waiver for its Euribor contract. With ICE the dominant player in Euribor and NLX attempting to build a foothold, Eurex’s latest move appears to attempt to take advantage of...
Navigational Beacon: NASDAQ OMX Group’s Hans-Ole Jochumsen Steering through Challenges
A recurring theme at this year’s IDX London was navigating the many challenges facing the financial sector. In this video, NASDAQ OMX Group’s Hans-Ole Jochumsen talks to John Lothian News about three such challenges - exchange competition, allocation of technology...
ISDA's Robert Pickel Discusses the Future of Financial Benchmarks (Part 2)
After the financial crisis in 2008-09, regulators across the globe set in motion a complete overhaul of the financial markets, with the ultimate goals being transparency in the previously unregulated swaps market, and ensuring that there is adequate collateral...
John Lothian Newsletter: Eurex to relaunch Euribor; SEC Eyes Charles Schwab Exec For Top Post; LSE optimistic as total income rises 5pct
Exchange Eurex is said to be almost ready to launch a Euribor product to compete with Liffe and Nasdaq’s new NLX platform. The U.S. SEC considers the possibility of tapping a Charles Schwab exec to head up oversight for stock markets and trading companies. The London...
John Lothian Newsletter
Today’s Newsletter
Dead Chickens, Frozen Oranges Confront Farmers in South After Severe Cold
First Read $29,826/$300,000 (9.9%) Charles Bohm ++++ Hits & Takes John Lothian & JLN Staff The CME set new record volumes in the Ultra 10-Year Note and 30-Year Bond futures on February 23. Ultra 10-Year Note futures reached a record volume of 1.7 million...
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JLN Options Newsletter
Today’s Newsletter
GameStop shares on track to triple for week as options trading spikes; GameStop short-sellers have lost $1.9 billion in just 2 days amid the stock’s latest spike
GameStop shares on track to triple for week as options trading spikes; GameStop short-sellers have lost $1.9 billion in just 2 days amid the stock’s latest spike
Everything you need to know about Options Today