Jitesh Thakkar

Justice for Jitesh: Special Sauce is Never Shared

Justice for Jitesh: Special Sauce is Never Shared

I worked with traders and systems developers for many years when I was a futures broker. During the time I worked with them, they never shared with me their “special sauce,” the intellectual property that made their trading systems tick. There...

Statement on Justice for Jitesh Thakkar

Statement on Justice for Jitesh Thakkar

There is a cloud hanging over the CFTC’s Technology Advisory Committee that does not involve Bitcoin. That cloud has darkened recently. The cloud is the civil case against Jitesh Thakkar, a one-time contributor to the TAC’s high frequency...

CFTC v Thakkar: a fishing license

CFTC v Thakkar: a fishing license

Jitesh Thakkar, the Chicago computer programmer charged with aiding and abetting a market manipulation by supplying software, was back in court on Wednesday. Thakkar’s attorney, Renato Mariotti, presented his motion for summary judgment at least to forestall lengthy discovery by the CFTC.

Ah, September! Litigation is in the air

Ah, September! Litigation is in the air

This year, early September is back-to-federal-court time in Chicago. Three of our favorite cases have seen some recent action in the Dirksen Building.CFTC v Kraft and Mondelez.  Last week, the CFTC asked to move the date of the evidentiary...

FIA Law & Compliance Conference Kicks Off

FIA Law & Compliance Conference Kicks Off

The 41st annual derivatives industry regulatory confabulation was called to order on Wednesday afternoon in Washington, DC, by Law & Compliance Division President Tammy Botsford. Botsford’s daytime job is executive director and assistant...

Double Jeopardy, Sort Of – U.S. v Thakkar

Double Jeopardy, Sort Of – U.S. v Thakkar

As just about everyone who reads this newsletter knows, the criminal case brought by the U.S. Department of Justice against Jitesh Thakkar dissolved last month when the judge dismissed the conspiracy to spoof charge and the jury split (10-2...

The Spread – Gavel Action

The Spread – Gavel Action

There was some big courtroom news this week - we give all the updates in this episode of “The Spread.” Produced by Mike Forrester John Lothian Newsletter Today's Newsletter We visit more than 100 websites daily for financial news (Would YOU do...

US v Jitesh Thakkar: Waiting for the Denouement

US v Jitesh Thakkar: Waiting for the Denouement

According to Merriam Webster, the (second) definition of “denouement” is “the outcome of a complex sequence of events.” On Monday, April 8, the twelve members of the jury in the trial (surely “a complex sequence of events”) of Jitesh Thakkar...

John Lothian Newsletter

Today’s Newsletter

Quant Models Went Haywire as Chinese Stocks Crashed and Rallied

Quant Models Went Haywire as Chinese Stocks Crashed and Rallied

First Read Hits & Takes John Lothian & JLN Staff Do you remember that record breaking value jump by Meta Platforms Inc. when it declared a dividend for the first time and its shares jumped the market value in the firm to a $197 billion gain? This morning at...

We visit more than 100 websites daily for financial news (Would YOU do that?)

JLN Options Newsletter

Today’s Newsletter

MSCI and Cboe Global Markets enter into a strategic collaboration

MSCI and Cboe Global Markets enter into a strategic collaboration

Observations & Insight Options Discovery Episode 30: Risk Management For Options Portfolios; Hilary Till, Principal At Premia Capital Management, Discusses This And More With JLN's Asma Awass. JohnLothianNews.com In this episode of Options Discovery, Asma Awass...

Everything you need to know about Options Today

Pin It on Pinterest