TMX Group’s chief says that their controls on electronic trading have created benefits for the market, and he thinks the rest of the world should pay attention. Swaps traders have routed half a trillion dollars worth of swaps through clearinghouses since Monday’s...
swaps clearing
John Lothian Newsletter: Equiduct Chief Randall Said to Plan Exit From U.K. Trading Venue; NYSE to Close Block-Trading Market; CME to push clearing rate swaps in London
The head of alternative venue Equiduct is said to be leaving the company as meetings to decide the fate of the company progress. NYSE and BIDS Holdings is closing its block trading unit due to insufficient interest, as a way to reduce costs. CME Group is now just...
John Lothian Newsletter: Nasdaq plan to offer algorithmic trading denied by U.S. regulator; CFTC Follows SEC in Permitting Offsets for Cleared CDS at ICE; Traders warn Germany on HFT licensing
Nasdaq’s plan to offer algorithmic benchmark trading skids off the rails as the SEC gives a thumbs-down, citing competition and other concerns. The CFTC stamps approval on a permit for ICE to offset cleared swaps for individual investors. In Europe, exchange operators...
John Lothian Newsletter: FSA backs LME’s £1.4bn sale to HKEx; LCH.Clearnet set for Asian expansion; Dodd-Frank Swap-Clearing Rule Gets CFTC Final Approval
Hong Kong Exchange gets approval from Britain’s financial regulator to proceed with its acquisition of the London Metal Exchange. Clearing house LCH.Clearnet looks to Asia as a way to diversify beyond Europe in the hunt for new business. The CFTC gives a final...
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Today’s Newsletter
Banks roll out robots as pandemic shakes up IT plans
First Read $11,441/$300,000 (3.8%) Thomas F. Chlada, Earle Combs, Gerry Corcoran and Martin Mosbacher ++++ Steptoe & Johnson LLP Makes Good Use of Pandemic Time with Financial Services University Video Series By John J. Lothian Matthew Kulkin of Steptoe &...
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JLN Options Newsletter
Today’s Newsletter
Pandemic’s latest spread triggers surge in VIX ‘fear gauge’ for U.S. stocks; Bitcoin’s Options Market Sees Just 6% Chance of $20K Before Year’s End
Pandemic’s latest spread triggers surge in VIX ‘fear gauge’ for U.S. stocks; Bitcoin’s Options Market Sees Just 6% Chance of $20K Before Year’s End
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