Tech/HFT
The Spread: Quarantined
This week on The Spread, bitcoin option volume spikes as bitcoin craters, the VIX closes at an all-time high due to coronavirus concerns, the NYSE closes its doors as two traders test positive for COVID-19, and more. Transcription Welcome to the Spread, where...
Quantitative Brokers Brings New Regimes to Market Volatility Algos
“Quote size of ES futures is at 8 years low whereas liquidity is not alarmingly low.”
The Spread: Crash and Burn
This week on The Spread: the coronavirus causes crashes not seen since 2008, derivatives trading hits record volumes for major exchanges, Robinhood has yet another outage, and the OCC adds two clearing-side veterans to its board of directors.
Life and Times of Navinder Sarao
Navinder Sarao pleaded guilty to roughly $13 million worth of spoofing on his first visit to the United States in November 2016. Wearing leg irons and an orange prison jumpsuit in a Chicago federal court, Sarao was freed on bail pending final sentencing, which occurs today, January 28, 2020.
The Spread: Hedge Early, Hedge Often
This week on The Spread, Cboe sets its sights on the European derivatives market abroad while preparing for growth at home, and options traders clamor for more VIX data to make "unprecedented" hedges against market volatility. Produced by Mike...
More exchanges decelerate drive for speed, experiment with minuscule delays
After a prolonged drive to be the fastest to execute trades, more exchange operators are experimenting with speed bumps, or fractional delays in orders to trade stocks, as a new way to bolster liquidity.
Nothing Learned from the CFTC Bullying a Win in the Thakkar Case
If Jitesh Thakkar loses his case brought by the Enforcement Division of the CFTC, it will not be because the facts in the case are damning against him. It will be because the CFTC has bled Thakkar and his family and friends dry of the financial resources and the will to persevere. It will be because the CFTC’s tactic of drawing out the process and the costs for deposing him, former employees and even customers became too much for Thakkar to endure.
A Renaissance in clearing – John Davidson of the OCC
John Davidson, chief executive officer of the OCC, discussed how the clearer is revamping its entire system, replacing its legacy clearing technology with the new Renaissance initiative, which will operate in the public cloud.
The transition to data solutions and commercial hedging tools: CQG’s Ryan Moroney
JLN FIA EXPO 2019 INDUSTRY LEADER SERIES At FIA Expo 2019, CQG President Ryan Moroney spoke with JLN about CQG's evolution from a products-based company to a "solutions-based" company 40 years in, and how its values- and ethics-based culture...
Risk Management, Analytics and Parallel Processing: Tom Watson of Hanweck
Tom Watson, head of sales at Hanweck, sat down with JLN at FIA Expo to talk about Hanweck’s branching out into international markets and margin analytics and how GPU-based computing is changing the industry landscape.
Cloud-based collateral management’s profound impact on the financial industry: CloudMargin’s Karl Wyborn
CloudMargin’s Karl Wyborn, the London-based company’s newly appointed global head of business development, sat down with John Lothian News at FIA Expo 2019 to explain how the deployment of cloud technology has begun to change the industry.
Metadata, AI, and monitoring global risks: Predata’s Hazem Dawani
At FIA Expo 2019, Predata CEO Hazem Dawani explained metadata and how his company uses it to monitor the economic, social and security risks of more than 180 countries. Metadata allows the company to alert customers as to patterns and anomalous behavior early on that later lead to major events or shifts in online interests.
Building New Markets: Matt Trudeau of ErisX
What does it take to build a new market? Matt Trudeau’s a good person to ask – he’s done it 12 times now, and he shared his experience with JLN during FIA Expo 2019.
Market Expansion, Data Solutions and Software as a Service: Trading Technologies’ Rick Lane, Part I
JLN FIA EXPO 2019 Industry Leader SeriesRick Lane, Chairman and CEO of Trading Technologies, sat down with JLN at FIA Expo 2019 to talk about market expansion and rebuilding at TT. He explains how TT is using its software as a service platform to try to...
Trading Technologies’ CEO Discusses the Jitesh Thakkar Case and Its Impact on the Trading Industry: Rick Lane Part II
JLN FIA EXPO 2019 Industry Leader SeriesAt FIA Expo 2019, TT's Rick Lane tells JLN that the Jitesh Thakkar case has already added cost to running businesses like TT. Tech firms have to invest in making sure that when they build bespoke solutions for...
John Lothian Newsletter
Today's Newsletter
New York Is the Epicenter of the World; The hidden gift in this pandemic is that we learn how to prepare for the worse one still to come.
First Read Hits & Takes By John Lothian & JLN Staff The world hit one million confirmed cases of the COVID-19 virus. The US saw cases hit almost a quarter of the total, with deaths exceeding the 1000 level for the first time Wednesday. If this were...
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JLN Options Newsletter
Today’s Newsletter
VIX clues show how stock investors underpriced the risk of the coronavirus pandemic; The Booming Short-Volatility Bet That Lost 46% in a Single Month
Lead Stories VIX clues show how stock investors underpriced the risk of the coronavirus pandemic Ing-Haw Cheng - MarketWatch The speed of the fall in the stock market and increase in market volatility over the past month has been stunning. From...
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