Observations & Insight 10 Years of PHLX @ Nasdaq Spencer Doar - JLN The oldest stock exchange in the United States hit another milestone - the Philadelphia Stock Exchange (PHLX) celebrated its 10-year anniversary as a part of the...
KCG
Yossi Beinart, Former CEO of Tel Aviv Stock Exchange, Dies at 61
First Read Hits & Takes By JLN Staff Condolences to the family, friends and former colleagues of Yossi Beinart, who passed away late Wednesday at the age of 61. He stood down as CEO of the Tel Aviv Stock Exchange due to illness. We knew Yossi from his days as the...
Vela to acquire Object Trading complementing its recent acquisition of OptionsCity; They’re The World’s Fastest Traders. Why Aren’t They Thriving?; Why Everyone’s Trading Volatility
Lead Stories Vela to acquire Object Trading complementing its recent acquisition of OptionsCity; Acquisition enables Vela to offer a comprehensive software and managed services solution across the entire electronic trading workflow Vela Trading Technologies LLC...
CFTC grants registration to LedgerX to trade options on bitcoin; Options traders bet on U.S. steel stocks ahead of tariffs decision; Riding the Wave – Speed, Algos and Consolidation
Observations & Insight 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...
HFT – Not so flashy anymore; Vicious VIX; JPM Head Quant Warns Of “Catastrophic Losses” For Short Vol Strategies
Observations & Insight An Excerpt of Note Spencer Doar - JLN I am re-reading "Liar's Poker" because...I don't really know why — maybe it's just summer instinct with all these reading lists floating around. Anyway, about a quarter of the way in, there's a notable...
Providing Stability for the U.S. Listed Equity Options Market; Virtu – More Market-Making M&A Ahead; The Changing Face of Volatility
Observations & Insight Futures For Kids had another successful fundraiser at the FIA IDX Gala Dinner last night, raising more than GBP140,000. Jim Kharouf - JLN Kim Taylor's kilt challenge raised over GBP12,000, topping Bill Herder's total last year, on her...
Government enforcers take aim at compliance officers; Euronext to acquire FastMatch and expand into global FX markets; KCG Said to Eliminate 10% of Staff, Shut Two Offices in Asia
First Read Ride For Beth Jan Bart de Boer, Chief Commercial Officer ABN AMRO Clearing We are raising money to fund research to help the daughter of our European Chief Commercial Officer, James Egan. James Egan is a very well known and respected person in the Futures...
Virtu and Citadel Securities go head to head in HFT; Multi-asset services key for buy-side execution; Why do asset prices move?
Observations & Insight Things I Learned About Finance Bros by (Briefly) Dating a Finance Bro Tara Isabella Burton - The New Yorker It's not that they're actually ever mad at the valet. They just want him to learn. /goo.gl/d7Tmpa ****SD: Good for your daily dose of...
Anxiety Dissipates After First Ballot; Expectations for euro-dollar, US stock volatility plummet; The Downside of Managing Downside Risk
Observations & Insight Last week's notables A lot happened last week in the options space. If anybody didn't follow the week's developments, here's a little recap. Big trends are continuing in the market making world. I wouldn't say they are good. First,...
HKEX and LME Announce New LME Chief Executive and Leadership Structure; Deutsche Bank Is First Bank Busted for Breaking Volcker Rule; Deutsche Boerse Boss Admits Mistakes in Failed LSE Deal
First Read Bits & Pieces By John J. Lothian David Setters is turning 60 this weekend and of course some friends are gathering to celebrate this happy occasion. What they are also doing is giving gifts of donations to support MND research, the disease that is...
ETFs Create Stock Markets That Are Both Mindless and Too Expensive, Study Says; Equity derivatives no longer dominate derivatives trade; One Very Big Strike Against Active Management
First Read Bits & Pieces By John J. Lothian Healing wishes are in order for Cinnober Executive Chairman Nils-Robert Persson, who joined the club by undergoing knee replacement surgery. No word on whether he used a Nasdaq listed company's joint hardware for the...
The Great US Options Octopus; The 2017 Short Trade That’s Getting Pummelled This Week; Options Traders’ `Butterfly’ Bets Signal Oil Rally Not Over
Lead Stories The Great US Options Octopus The Trade Derivatives - Spring 2017 The US options market is a conundrum. Although volumes have remained flat over the past five years, the number of exchanges has expanded to 14, with the potential of another opening just...
Virtu and KCG – A Tale of Technical Leverage?; Cowen in talks to buy Convergex; Wall St volatility gauge closes at highest level of 2017
Observations & Insight Bits & Pieces By John J. Lothian John Lothian News has learned that OCC President and COO Mike McClain has resigned and left the organization. His last day was two days ago when the OCC held a goodbye event in Chicago. The official...
Speed Traders’ ‘Stupid’ Plan for Fast Network Halted in U.K.; CFTC fines E*TRADE for allegedly destroying customer records; Brazil’s BM&FBovespa buys 8.59 pct in Lima exchange for 49 mln reais
First Read Bits & Pieces By Jim Kharouf If you are like me and love to ride your bike to work, you might be interested in the latest offering for CBOT Building tenants - indoor parking. The building is offering 25 spots in a warm, locked, basement room for $120...
John Lothian Newsletter
Today’s Newsletter
A ‘Mind-Boggling’ Individual Investor Boom Stirs Up Markets in Asia; Brazil’s Covid Crisis Is a Warning to the Whole World, Scientists Say
A ‘Mind-Boggling’ Individual Investor Boom Stirs Up Markets in Asia; Brazil’s Covid Crisis Is a Warning to the Whole World, Scientists Say
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JLN Options Newsletter
Today’s Newsletter
Rocket Stock Is Sliding After Its Incredible Surge. Here’s Why.; Stocks and Bonds: There Are Early Signs of a Value-at-Risk Shock
Rocket Stock Is Sliding After Its Incredible Surge. Here’s Why.; Stocks and Bonds: There Are Early Signs of a Value-at-Risk Shock
Everything you need to know about Options Today