I asked several leaders around the exchange world to offer remembrances of Magnus Bocker, the late former CEO of SGX. To start, I shall offer my own and add additional remembrances as they come in. I first met Magnus Bocker at a Deutsche Bank investment banking...
NYSE Euronext
Exchange CEO Series – New Neighbors: Alan Gandelman says ATS Brasil spells trouble for BM&F Bovespa
When it comes to competition in the exchange space, Alan Gandelman is at the front line. As the CEO of Americas Trading System Brasil (ATS Brasil), a joint-venture between Americas Trading Group (ATG) and NYSE Euronext, plans to launch a competitive equity exchange in...
Exchange CEO Series – ICE Cover: Jeff Sprecher takes on “fierce” competition, regulators and hackers
Exchanges have never faced more challenges and opportunities than they do today. John Lothian News sat down with six exchange CEOs at the 2014 FIA Boca Conference to talk about their views on four main topics: competition, regulation, growth and technology. Here’s...
John Lothian Newsletter: NYSE Files to Allow Nontransparent ETFs to List, Trade; CLS Bank seeks to increase FX settlement membership; SEC auditor ban could hit US companies in China
First Read Open for Business: Competition Heating Up in the New Market Structure JohnLothianNews.com Swap execution facilities (SEFs) were given life by the Dodd-Frank Act, which requires over-the counter (OTC) swaps to be cleared and traded on this new type of...
John Lothian Newsletter: NYSE says it would take over Nasdaq stock quote system; ICE Drops Most Since 2011 After Europe Revamps Trading Rules; Singapore Exchange to Stop Trading, Clearing LME Minis
First Read Cinnober continues long-term Lothian sponsorship Cinnober has once again extended its sponsorship of MarketsWiki as well as the John Lothian Newsletter at the Partner Level. “We continue to be impressed by how the Lothian newsletter and MarketsWiki have...
John Lothian Newsletter: Deutsche Börse deepens push into Asia commodities; London Pushes Nasdaq Off Runner-Up Slot for IPOs; NYSE, ATG Brazilian Equities Exchange Pushes Back Launch
First Read Futures association chief Anthony Belchambers to step down Philip Stafford - FT.com Anthony Belchambers is to step down as chief executive of the Futures and Options Association, the European markets trade association he founded more than 20 years ago....
John Lothian Newsletter: NYSE proposes 'kill switch' to help catch trading errors; Thailand stock exchange in bid to attract foreign flows; CME to adjust bond futures trades after overnight price spike
First Read Memes are for cats Jonathan Matte As expected, it's a pretty slow news day today, and I assume there aren't many readers at work, either. For some reason, I found myself feeling like a good sport near the end of the year, here, and volunteered to take...
John Lothian Newsletter: Nasdaq’s NLX Grabs Market Share Amid Liffe Shift to ICE; NYSE Builds a Dark Pool; Penny Pricing for U.S. Stocks Said to Get Scrutinized
First Read CFTC’s Scott O’Malia Calls for a Plan of Action on Swap Data JohnLothianNews.com New Dodd-Frank rules have allowed regulators their first look into swap data repositories, but the quality of swap data is not always up to par. In fact, it has been called “a...
John Lothian Newsletter: U.S. exchanges grapple for solutions to trading glitches; US watchdog gives foreign banks more time on swap rules; Executive Departures Send Ripples Through Exchange Industry
First Read Gone Tomorrow, Here Again After Jon Matte In honor of the US holiday on Thursday (“Premature Shopping Day” - or, as it used to be called, “Thanksgiving Day”), John Lothian News will be closed, and that means no newsletters. But never fear, on Friday JLN and...
John Lothian Newsletter: NYSE’s Leibowitz Said to Plan Departure Given ICE Takeover; Rolet targets Asia for LSE growth; Transaction Tax at Odds With French Euronext Call
First Read Water Under the Bridge John Lothian I was trying to think about a cliche I could use to talk about ICE closing the deal for NYSE Euronext, but it is just water under the bridge. I want to congratulate Jeff Sprecher and his ICE team for the audacious deal to...
John Lothian Newsletter: NYSE's New Chief Puts Focus on Individual Investors; CME Group hikes transaction fees for 2014; U.S. exchanges outline plans to address Nasdaq trading halt
First Read ICE seals $10bn takeover with plan to float Euronext Philip Stafford in London and Hugh Carnegy in Paris - FT.com IntercontinentalExchange has given the first indication of its plans for NYSE Euronext as it sealed its $10bn takeover by confirming it would...
John Lothian Newsletter: White House to Nominate Massad as CFTC Chairman; Financial transaction tax rises from the grave; NYSE Euronext takeover poses tough challenges for ICE boss
First Read LaSalle Street After Hours Event Honors Boy Scouts John Lothian It was not that long ago in my career that workmen would set up a huge circus tent on LaSalle Street in front of the Federal Reserve and Continental Bank Building in the summer, driving huge 2...
John Lothian Newsletter: ICE's takeover of NYSE to close on November 13; Big Banks May Block Traders From Chat Rooms; NYSE Proposes One-Year Pilot Program for Larger Stock Trades
First Read Bloomberg’s Matthew Philips Wrong On HFT and Don Wilson John Lothian It is clear to me that Bloomberg reporter Matthew Philips does not understand what he is writing about in his story about Don Wilson and his conflict with the CFTC. Mr. Philips tries to...
John Lothian Newsletter: CFTC Delays Cases, Shelves Probes, in Funding Squeeze; Liffe Executive Departures Said Planned Following ICE’s Takeover; Top EU Financial Regulator Slams Direction of Derivatives Trading Rules Debate
First Read John’s Comments and Other Thoughts I am back from Mexico City, where I attended the WFE’s Annual Meeting. It was a lively affair conducted under great security. We had the privilege of having the president of Mexico, Enrique Peña Nieto, address the...
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Today’s Newsletter

Wall Street Is Set to Learn How Tough Biden’s Watchdogs Will Be; Eurex to expand its pioneering Total Return Futures in cooperation with FTSE
Wall Street Is Set to Learn How Tough Biden’s Watchdogs Will Be; Eurex to expand its pioneering Total Return Futures in cooperation with FTSE
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JLN Options Newsletter
Today’s Newsletter

What’s Ahead for the Futures and Derivatives Industry?; Robinhood in Talks to Settle FINRA Probes Into Options-Trading Practices, Outages
What’s Ahead for the Futures and Derivatives Industry?; Robinhood in Talks to Settle FINRA Probes Into Options-Trading Practices, Outages
Everything you need to know about Options Today