While Peter Hiom, deputy CEO of ASX, describes his markets and the region in general as relatively stable, that does not mean that ASX has been idle. In this fourth video of JLN's annual series with industry leaders, Hiom talks...
MIFID II
CME pursuit of Nex reflects shift in US money markets; SEC fine of radio presenter puts watchdog on the line; Bloomberg and Reuters see market share in data slip
First Read Hits & Takes JLN Staff Yesterday my six foot six inch tall son Robby was diagnosed with a partially collapsed lung, or spontaneous pneumothorax, which is common in tall, thin youth. As a result, I had to miss the Ken Heath Awards presentation where Leo...
This Is Where People Are Buying Bitcoin All Over the World; Who Wants to Be Bitcoin’s Watchdog?
First Read Hits & Takes JLN Staff Unsurprisingly, yesterday's STAC panel on cryptocurrency, moderated by Bcause's Sean Ristau, looked to be the best attended. The lack of regulatory certainty is the biggest challenge in crypto, as no one is sure yet whether it is...
London loses oil futures listings as Mifid bites; Wall Street Is Claiming Tax-Cut Bounty; South Korea plans to ban cryptocurrency trading
First Read A Grateful Scouter with a Big Silvery Beaver-Like Smile By John Lothian I was informed late last night that I am to be recognized for my contributions to Scouting with a Silver Beaver Award on behalf of Pathway to Adventure Council of the Boy Scouts of...
The Spread – Week of 1/1/18
A new year, a new Spread! The Spread is a brief recap of some of the notable activity in the options world. The following are stories referenced in this week’s episode of The Spread: Bloomberg - Five Things We Learned About MiFID II...
Researchers Discover Two Major Flaws in the World’s Computers; MiFID II’s First Day Comes Off Without Glitches
First Read Hits & Takes By JLN Staff What's hot: palladium. What's not: lead. What's been kind of interesting: lumber. ~SD The music streaming service Spotify has decided to go with a direct listing on the NYSE rather than a traditional stock offering - the most...
MiFID Starts; Exchange Stats; OCC AA+/Stable Rating Reaffirmed
Observations & Insight December 2017 Options Exchange Marketshare via OCC Exchanges and Clearing CME Group Reached Record Average Daily Volume Of 16.3 Million Contracts In 2017, Up 4 Percent From 2016 CME Group 2017 Interest Rate average daily volume was a record...
Mifid II launch overshadowed by futures delay; Ex-UBS Trader Says Bank ‘Mandated’ Conduct That Led to Libor Ban
First Read Hits & Takes By JLN Staff OCC announced that 2017 volume reached the third highest total cleared contract volume ever.~JJL Jessica Darmoni will be moderating a panel at #STAC's MidWinter Meeting on Artificial Intelligence and how it will influence...
Europe begins countdown to Mifid II; How high-frequency trading hit a speed bump
First Read Hits & Takes By John J. Lothian Welcome to 2018! Today we begin work on invoicing readers of this newsletter and their firms for the 2018 subscriptions. If you would like to receive a firm or individual invoice, please contact me directly at...
Oil Signals to Watch in 2018; 2018, the year of the active fund manager?; Chicago firms gear up for MiFID
Observations & Insight Editor's Note There will not be an edition of JLN Options tomorrow - we will be back January 2, 2018. So, this marks our last email (on a pretty thin options news day) of an extremely eventful year, yet one historically devoid of volatility....
Chicago firms gear up for MiFID II; EU exchanges clash with customers over fees; South Korea Considers Closing Bitcoin Exchanges
First Read Hits & Takes JLN Staff This is the second to last edition of the John Lothian Newsletter for 2017. Tomorrow we will publish JLN, but not JLN Options or JLN Asia Pacific News.~JJL Eurex's trading calendar for the new year can be found HERE.~JJL There...
Frankfurt Winning Battle for Brexit Bankers; End of 47-Year Japan Rice Program; Smart beta funds pass $1tn
First Read Hits & Takes JLN Staff Spencer Doar's weekly JLN Options video feature, The Spread, continues to get better. This last week's was a beut.~JJL Holy smokes. Get this: "The Legends Room, the world's only blockchain based nightclub, rings in 2018 with two...
VIX bets surging; LCH begins credit options clearing; Fast moving stocks
Lead Stories Stock market volatility, VIX bets are surging Joe Ciolli - Business Insider Traders are betting more and more that the stock market will soon snap out of its prolonged slumber. This can be seen through a measure called skew, which looks at bullish CBOE...
Traders snap up $80 Brent calls; EM volatility; Quad witching
Observations & Insight Carolyn Leonard - Women In Finance JohnLothianNews.com " I had brokers with very large decks telling me to my face that they've never traded with a woman, they weren't going to trade with me and that I shouldn't take it personally... A lot...
John Lothian Newsletter
Today’s Newsletter

Big Business Backs Away From Trump’s Party But Longs for Old GOP
First Read $24,451/$300,000 (8.2%) ++++ A more perfect union; FIA President and CEO Walt Lukken shares a personal perspective on Washington riots Walt Lukken - FIA Normally, this column offers opinions on the global policies and trends of our industry, but last week's...
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JLN Options Newsletter
Today’s Newsletter

Options Feedback Loop Revives Bust Warnings in Soaring Stocks; Short Interest in World’s Biggest ETF Plunges to Decade Lows
Options Feedback Loop Revives Bust Warnings in Soaring Stocks; Short Interest in World’s Biggest ETF Plunges to Decade Lows
Everything you need to know about Options Today