flash crash

OCC margin breaches spike in Q1; Flash crash blame game

by Spencer Doar | Jul 5, 2018

Observations & Insight Traders Grapple With a Big Question: Are Tariffs Priced In? Samuel Potter - Bloomberg After months of simmering tension between the world's two largest economies, the U.S. will impose tariffs on $34 billion...

Takeaways From Recent Options Volume Surge; Update on Short Vol Poster Child; VIX seen as incomplete measure

by Spencer Doar | Mar 8, 2018

Observations & Insight An Array of Recommended Tangents for International Women's Day Spencer Doar - JLN The "Fearless Girl" statue on Wall Street turned one year old today. Let's dedicate today's newsletter to the embodiment of her ideals, shall we? To kick it...

Flash-crash trader helps US in fight against market abuse; Justice Department Charges Eight Traders With Deceptive Futures Market Trading; Decade of Easy Cash Turns Bond Market Upside Down

by Jeff Bergstrom | Jan 30, 2018

First Read Turn Yourself In, It'll Be Easier: Bank Cooperation On Spoofing Charges Saves Millions Jim Kharouf - JLN Over the past several months, there has been a fair amount of talk about the Commodity Futures Trading Commission's push on the so-called...

Thesys vs. Goliath: That’s One Big CAT

by Spencer Doar | Aug 21, 2017

Small company wins big with opportunity to build the Consolidated Audit Trail covering U.S. equities and options. FINRA, FIS, Cinnober, Thomson Reuters - what do they have in common? They are just a few of the 30 bidders who lost out on developing the Consolidated...

Forget an IPO, Coin Offerings Are New Road to Startup Riches; Silver Futures Plunge, Rebound in Flash Crash; CFTC commodity swap data goes from bad to worse

by Jeff Bergstrom | Jul 7, 2017

First Read Crypto-innovations Jim Kharouf, JLN One look at today's newsletter will tell you something - the traditional Wall Street system is ripe for disruption. The JLN piece on Overstock.com's subsidiary Round One: How Overstock.com and tzero aim to knock out Wall...

This U.S. Treasuries ‘Breakout Play’ Has Rarely Been So Cheap; VIX most bearish hedge fund positioning on record; Soc Gen combines electronic and high-touch trading teams

by Spencer Doar | Jun 26, 2017

Lead Stories This U.S. Treasuries 'Breakout Play' Has Rarely Been So Cheap Tanvir Sandhu - Bloomberg Rally in stocks and bonds calls for a more cautious approach; Risks of market correction are rising but yet to be irrational The low cost to hedge a break-out from the...

Republican plan would ease Wall Street rules, as party embraces deregulation; How the Flash Crash Trader’s $50 Million Fortune Vanished; LME’s Chamberlain favourite to take wheel of metals juggernaut

by Spencer Doar | Feb 10, 2017

First Read CME CEO Duffy isn't worried about Trump Lynn Marek - Crain's Chicago Business Terry Duffy's executive suite at CME Group, a few floors above the Chicago River, is lined with shelves of photos picturing him with politicians from both sides of the aisle. In...

At 34, the LME’s Newest Leader Ranks as One of the Youngest CEOs; Banks’ AI plans pose threat to thousands of jobs; Eris Exchange hires Bloomberg LP head of global markets

by Spencer Doar | Jan 25, 2017

First Read Save the Dates For Chicago MarketsWiki Education World of Opportunity Series By John J. Lothian The Chicago MarketsWiki Education World of Opportunity dates are set for July. We are returning to the Illinois Institute of Technology's Stuart School of...

Investors are bracing for a massive stock-market selloff; No single factor behind sterling flash crash, BIS says; VIX Watch – Markets Not Prepared For US-China Trade War

by Spencer Doar | Jan 13, 2017

Lead Stories Investors are bracing for a massive stock-market selloff Joseph Adinolfi - MarketWatch If options traders are correct, stocks are in for a wild ride in February. Demand for one-month call options tied to the CBOE Volatility Index, a popular gauge of...

Sterling ‘Flash Crash’ Was Caused by Myriad Factors, BIS Says; Formula for Trading on Trump Tweets Eludes Wall Street’s Best and Brightest; Transparency lessons for Washington from Wall Street

by Spencer Doar | Jan 13, 2017

First Read ICE Moves JLN Staff The Intercontinental Exchange announced the hiring of Raymond Kahn, who will focus on ICE's Interest Rates business. Prior to joining ICE, Kahn had his own firm, Archon Capital Advisors, with a focus on the use of blockchain technology...

Chicago retains role as capital of derivatives industry; Fintech Firm Could Help Unravel Mysteries Behind Flash Crashes; Who Cares About the Fed? Not the World’s Biggest Bond Fund

by Spencer Doar | Dec 16, 2016

First Read Philip Stafford, Financial Times - "The Most Valuable Commodity I Know of is Information" MarketsWikiEducation.com "A market without information doesn't trade, doesn't move anywhere. It's illiquid. Nothing happens and everybody goes away — [that's] the last...

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

by Jeff Bergstrom | Dec 7, 2016

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...

Flash Crash Trader Sarao Pleads Guilty to Fraud, Spoofing; Top high-frequency trader Teza to quit proprietary trading; Trump Expected to Seek Deep Cuts in Business Regulations

by Jeff Bergstrom | Nov 10, 2016

First Read How we talk Jim Kharouf - JLN My column yesterday, What Just Happened about the election of Donald Trump as the next president of the United States struck a chord with readers. We received more reader feedback on this column than we have in some time, some...

Trump Victory Threatens a New World Disorder as Putin Looks On; Trump presidency: what next for markets?; Donald Trump’s victory is not good for the world markets – Jim Rogers, Interview with chairman of Rogers Holdings

by Jeff Bergstrom | Nov 9, 2016

First Read What Just Happened? By Jim Kharouf, JLN It was after midnight and the realization that Donald Trump is going to be president of the United States stunned, saddened and angered me. This is what our great country has descended to - a nation of angry white...