First Read $8,041/$300,000 (2.7%) Buck Haworth, Mo Guilfoile, JB Mackenzie, Nancy Stern, Hollis Griffin, Thomas Jordan and Jan Waye. Hits & Takes JLN Staff Exchanges: Euronext was down due to technical issues, but has resumed. Coronavirus: India peaking, Sweden...
First Read ++++ $6,491/$300,000 (2.2%) Thank you today's backers: Rama Pillai and Blake Brockway ++++ Joe Sullivan's Influence and Success, Part 2 John Lothian - JLN Wayne Luthringshausen is another person whose career was influenced by the arc of Joseph Sullivan's...
First Read $5,291/$300,000 (1.8%) Thank you today's backers: Les Male, Ananda Radhakrishnan, Julie Bauer and a donation in honor of TJC. ++++ Hits & Takes JLN Staff It is with sadness I report to you the death of longtime SG/Newedge technology executive Ed Netter....
First Read Joe Sullivan's Influence and Success By John Lothian - John Lothian News Joseph Sullivan's life impacted so many others, including many or even most reading this newsletter, because of the successful launch he led of the first new securities exchange since...
First Read Hits & Takes JLN Staff Joseph Sullivan, one of the founders of the Chicago Board Options Exchange and its first president, has passed away at the age of 82. He was such an influential figure in the establishment of the CBOE, and the U.S. options...
First Read Hits & Takes JLN Staff The JLN MarketsWiki Education GoFundMe campaign had some additional contributions on Friday and over the weekend. Thank you to Russell Levens, Tony Pettipiece, Cliff Histed, Joanna Mallers, and Third Street Ag Investments for...
First Read Healthy Outlook for 2020 Hemp Production Thom Thompson - John Lothian News There is some good news about industrial hemp production buried in PanXchange's September 2020 report, Hemp: Benchmark and Analysis. Like last year, there has been a big jump this...
First Read Hits & Takes JLN Staff The thing I like about JPX is that when one of their markets has an issue, they apologize for the inconvenience to investors. I appreciate their apology, even if it was the hardware's malfunctioning's fault. Bloomberg is reporting...
First Read JPMorgan: "tens of thousands of episodes of unlawful trading" Government Settles Complaint Against Banking Giant For Almost $1 Billion Thom Thompson - John Lothian News JPMorgan Chase and Co has agreed to pay the U.S. government $920 million in fines and...
First Read Hits & Takes John Lothian & JLN Staff Today's lead story is about the impact of the pandemic on New York real estate. The story says about 1 in 10 office workers have returned to the office since Covid-19 hit. The story is titled "Manhattan Offices...
First Read DOJ Obtains Mixed Verdicts in Spoofing Case Thom Thompson - John Lothian News A COVID-19 depleted jury returned unanimous verdicts for each of the 17 counts in the criminal spoofing case brought against two former Deutsche Bank traders, James Vorley and...
JPMorgan Is Set to Pay $1 Billion in Record Spoofing Penalty; Westpac, one of Australia’s largest banks, hit with record $920 million penalty over money laundering scandal
Citigroup halts market making in retail options; Crypto Is Beating Gold as 2020’s Top Asset So Far
Billions Rotate Through Giant Tech ETF Thanks to Options Boom; Short Sellers Are Rushing Back Into Stocks as Volatility Returns
The Post-Covid Trading Floor Is Here — With Buffet Lunches, No Masks; Turns Out Good Covid Management Is Good Politics and Economics
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Bulls are back in the Nasdaq and options are aflutter; Never-Ending Brexit Sends Traders to Distant Market Corners
Everything you need to know about Options Today