Tech/HFT
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...
Machine Learning in the Back Office: Bikram Singh of EZOPS
At FIA Expo 2019, Bikram Singh, the founder and CEO of EZOPS, talked with JLN about his company’s mission to apply machine learning in the post-trade process. Machine learning has been used in the front office for a while, but he says EZOPS uses it to maximize operational efficiencies to help the C-Suite minimize the time and resources spend dealing with reconciliation and managing data quality and correct “bad” data at its source.
A Swiss-Army API: Rival Systems’ Rob D’Arco at FIA Expo 2019
How do you build a platform that provides all the data a trading firm could want, while keeping it as stable and accessible as possible? Rob D’Arco joined us at FIA Expo 2019 in late October to explain how Rival Systems tries to keep up with the needs of clients trading in an increasingly complex global market.
A Cost-Benefit Analysis of the CFTC Case Against Jitesh Thakkar, Part 2
The Cost to the MarketsIf there was a new prescriptive regulation from the CFTC that said every line of code written for any trading software must be documented as to its purpose and intent, there would be a hew and cry from the industry about the cost versus benefit...
John Lothian Newsletter
Today's Newsletter
ETrade’s Sale Is the Death Knell for Discount Brokerages; SEC Poised to Rule on Controversial ‘Speed Bump’ Proposal
First Read USDA: Hemp Pilot a Success Thom Thompson - John Lothian News In a report published on Thursday, the USDA announced that the recent state-level industrial hemp pilot programs had helped restart hemp production in the United States...
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JLN Options Newsletter
Today’s Newsletter
Traders Flock to Tech Options as Stocks Soar; Options traders have gone full bull — here’s why they might regret it
Observations & Insight Tom Zagara - Part 2 - Open Outcry Traders History Project JohnLothianNews.com Tom Zagara has lots of great stories to tell from his time as a trader at the Chicago Board Options Exchange. There were so many, we broke...
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