Reg AT

Push for MiFID II Delay; Libor settlement; Bond volatility

by Spencer Doar | Oct 13, 2017

Observations & Insight The Kooky News for Friday the 13th Spencer Doar - JLN Befitting the day, there are indeed some weird happenings in our markets. First, recall the release in Observations yesterday - TradingScreen Majority Shareholders Initiate Criminal Legal...

CAT to boost cybersecurity threat?; FX markets stuck in low-volatility; Light trading volume in banks’ results

by Spencer Doar | Oct 11, 2017

Lead Stories Audit Trail Could Boost Cybersecurity Threat, Exchanges Say Benjamin Bain - Bloomberg CBOE's Concannon sees little benefit gained for greater risk; SEC facing calls to delay CAT until security can be ensured Stock exchanges could become more exposed to...

Moves to seize HFT code “dead”; Complex Math Could Make Blockchain Work for Wall Street; SEC’s CAT

by Spencer Doar | Oct 5, 2017

First Read Hits & Takes Over the last quarter Eris Exchange hit an all-time high of 200,000 contracts ($20bn) of open interest (OI) in their IRS swap futures contracts cleared by CME Group.~JJL On November 3, 2017, Chicago-Kent College of Law will host the 9th...

SPX Options Market Not Certain on Election Results; Cost of Hedging Europe Stocks Rises to Brexit High as U.S. Votes; Election 2016 – Must-Read Market Theories for Before and After the Vote

by Spencer Doar | Nov 8, 2016

Observations & Insight Something is going to happen Spencer Doar - JLN So, there's this thing happening that is a real big deal. As a result, I've added a U.S. Election section to the newsletter. Hopefully, we will know who won by sometime around 10 p.m. Central...

Impact: Navigating Regulation and What Comes Next, Part 1

by Spencer Doar | Oct 27, 2016

At FIA Expo 2016, JLN spoke with a variety of participants in today’s markets about the ongoing effects of regulation and what those mean for the future of their businesses. In Part 1 of our three-part series, Phupinder Gill, CEO of CME Group; Drew Shields, CTO of...

An Options Contract That’s Not for the Faint of Heart; Why A Resilient Risk Management and Internal Control Infrastructure Matters; “Election Certainty” Not Showing Up In SPX Options Market

by Spencer Doar | Oct 25, 2016

Observations & Insight Last Chance to Sign Up For London MarketsWiki Education World of Opportunity Event By John J. Lothian On Friday the registration for the MarketsWiki Education World of Opportunity event in London will close. You can still sign up your...

CFTC’s Massad Recaps 2016

by Jim Kharouf | Oct 24, 2016

Chairman says Reg AT is next big item on the list to finish before yearend. The futures industry's regulator had several initiatives in 2016 but the top items were tackling the issue of cybersecurity, margin and the upcoming finalization of automated trading rules. On...

Gary DeWaal, Katten Muchin Rosenman – Regulation, Compliance and the Grandma Test

by JLN Staff | Oct 5, 2016

"Don't let the perfect be the enemy of the good, and remember to apply 'the grandma test.'" When you are faced with a difficult decision, picture this: you're sitting at Thanksgiving dinner, the family is gathered around the table, and grandma comes in holding a...

Peter Nabicht, 12Sided Technology – The Implied Job Descriptions in Finance

by JLN Staff | Sep 6, 2016

"Markets are an ultra-complex socio-technical system. That is a thing; Google it. There are three examples regularly given of such systems - huge cities, the space shuttle program, and financial markets. That's how complex and interconnected we are." Have you ever...

FIA’s Walt Lukken on Reg AT and the 2016 Agenda

by Spencer Doar | Jul 19, 2016

Walt Lukken, president and CEO of the FIA, spoke with JLN about what is in store for the rest of the year at the trade organization.The FIA has been coordinating with 10 working groups on what upcoming rules about automated trading (Reg AT) should look like for the...

John Lothian Newsletter: First Trader Convicted of Spoofing Gets 3-Year Prison Term; Deutsche Boerse Investors Poised to Back LSE Deal by End of Week; Singapore Exchange Malfunction Ruins CEO’s First Anniversary

by JLN Staff | Jul 14, 2016

First ReadSpoofing Sentence Sends Clear Enforcement MessageClifford C. Histed - Partner, K&L Gates LLP via Law360Michael D. Ricciuti On July 13, 2016, U.S. District Judge Harry D. Leinenweber in Chicago sentenced Michael Coscia, the first trader charged with...

John Lothian Newsletter: Commodities Agency Advised to Drop Plan to Limit Futures Contracts; Rationale behind LSE-Deutsche Börse deal finally works; Smaller Brokerages Want Their Voices Heard

by JLN Staff | Feb 25, 2016

First Read TAC Committee Meeting Part 2: Reg AT Putting Trading Firms at "Precarious, Unwarranted and Unnecessary Risk" Sarah Rudolph, JLN At the top of the list at the CFTC's Technology Advisory Committee meeting on Tuesday was a discussion of the CFTC Proposed Rule:...

TAC Meeting Part 2: Algo Traders Say Reg AT Putting Trading Firms at “Precarious, Unwarranted and Unnecessary Risk”

by Sarah Rudolph | Feb 25, 2016

At the top of the list at the CFTC's Technology Advisory Committee meeting on Tuesday was a discussion of the CFTC Proposed Rule: Regulation Automated Trading (Reg AT).The most contentious aspect of the discussion was whether or not the CFTC should be allowed to look...

John Lothian Newsletter: Headcount in trading slashed 20% over last five years; IEX to critics of its U.S. exchange bid: ‘We stand by our words’; Blythe Masters forges blockchain partnerships

by JLN Staff | Feb 18, 2016

First Read It's All About Jobs Jim Kharouf and Doug Ashburn, JLN It must be an election year since we're talking about jobs. And we're also talking about the future - primarily blockchain. In today's issue, the two threads are starting to pull together. On the one...