Phil Mackintosh, chief economist at Nasdaq, discusses some of the biggest takeaways learned from 2020, as well as what to expect from 2021.
IPO
City of London’s Brexit Tab Rises With Stock and Swaps Moves
First Read $28,176/$300,000 (9.4%) Patrick Hyland ++++ Update: Illinois Offers Object Lesson on Pros vs. Cons of Cannabis Business Suzanne Cosgrove - John Lothian News There can be both highs and lows in the cannabis business. The Reddit crew learned that lesson this...
The CryptoMarketsWiki Podcast Episode 17: The Ripple Effect
In this episode of the CryptoMarketsWiki Podcast, Matt Raebel and Thom Thompson discuss some of the biggest stories of the year so far.
How NYSE’s Top Salesman Fought for IPOs in 2020
First Read $21,601/$300,000 (7.2%) David Johnson and Dan Pritchard ++++ Hits & Takes JLN Staff Tomorrow is our last edition of the John Lothian Newsletter for 2020. We shall return on January 4, the same day everyone's out of office notice seems to be set...
Silicon Valley Wins as SEC Allows Direct IPOs to Raise Cash; SEC Charges Ripple and Two Executives with Conducting $1.3 Billion Unregistered Securities Offering
Silicon Valley Wins as SEC Allows Direct IPOs to Raise Cash; SEC Charges Ripple and Two Executives with Conducting $1.3 Billion Unregistered Securities Offering
Wall Street Fines Peaked in 2020, Driven by Sums From Big Cases; Ant Group IPO Postponed by Shanghai Stock Exchange
Wall Street Fines Peaked in 2020, Driven by Sums From Big Cases; Ant Group IPO Postponed by Shanghai Stock Exchange
‘Dumb money’ is fueling one of the biggest lies on Wall Street, researcher says
First Read DOJ Obtains Mixed Verdicts in Spoofing Case Thom Thompson - John Lothian News A COVID-19 depleted jury returned unanimous verdicts for each of the 17 counts in the criminal spoofing case brought against two former Deutsche Bank traders, James Vorley and...
CME changes rules to stoke trading; How the World’s Dullest Market Quietly Created a Synthetic Dollar Empire
First Read Hits & Takes John Lothian & JLN Staff The Financial Times says investors are anticipating a Joe Biden win in the upcoming U.S. Presidential election. The Kremlin is increasingly alarmed about the prospect of a Biden win,...
CME to pay $3.5m over leak of secret trade data; Ex-BoE deputy governor fears ‘utter mayhem’ from clearing house reform
CME to pay $3.5m over leak of secret trade data; Ex-BoE deputy governor fears ‘utter mayhem’ from clearing house reform
The World’s Oldest Exchange Is Europe’s Hottest Listing Venue; Battle for Hong Kong Is Shifting to City’s Financial Markets
First Read Hits & Takes By JLN Staff Today we have published the Open Outcry Traders History Project video of James Gordon of Straits Financial LLC. Gordon spent eight years on the Cboe trading floor with Timber Hill. His is the first video...
Oil Crash Busted Broker’s Computers and Inflicted Big Losses; He started the day with $77,000 — by midnight, he owed $9 million
First Read Hits & Takes By JLN Staff JLN's Bachelier Options Model virtual panel on Thursday still has some spots left. Register by sending me an email at johnlothian@johnlothian.com You can dig into the problems experienced by Interactive...
Exchanges pitch alternative to IPOs for corporate fundraising; Nasdaq on track to steal NYSE’s IPO crown
First Read Hits & Takes By JLN Staff For those who celebrate Thanksgiving tomorrow, the JLN team wishes you a safe and happy Thanksgiving. JLN will be back on Friday, assuming we don't all blow away with the winds at 25 to 35 miles miles...
UK watchdog FCA snarls at EU criticism over derivatives; SEC opens debate on finding alternatives to IPOs
See also: Russia plans exchange for US-sanctioned companies to raise debt, Boris Johnson intensifies efforts to secure Brexit deal majority, and more.
Gold Badges and Boozy Breakfasts: Inside the Frenetic Fight for IPO Listings
The OCC’s ENCORE clearing system, while resilient, is long in the tooth and inflexible. OCC’s Project Renaissance aims to revamp the central counterparty’s data, risk management and clearing systems.
John Lothian Newsletter
Today’s Newsletter

Libor Moves to Its ‘Final Chapter’ as U.K. Sets End Dates; Libor to cease for most currencies by end of 2021
Libor Moves to Its ‘Final Chapter’ as U.K. Sets End Dates; Libor to cease for most currencies by end of 2021
We visit more than 100 websites daily for financial news (Would YOU do that?)
JLN Options Newsletter
Today’s Newsletter

Wall Street’s ‘fear index’ surges to highest level in about 5 weeks as Treasury-yield spike sparks stock-market selloff; A new era of volatility begins, but equity inflows continue: BofA
Wall Street’s ‘fear index’ surges to highest level in about 5 weeks as Treasury-yield spike sparks stock-market selloff; A new era of volatility begins, but equity inflows continue: BofA
Everything you need to know about Options Today