The John Lothian Daily Update is a podcast turning the daily JLN hits and takes comments, our original content and the stories and quips in the top box of First Read into a daily podcast.
Hits & Takes
To download the CFTC’s interim report on the April 20 WTI implosion, CLICK HERE.
If you would like to read the NFA’s 2020 Annual Review, you can find it by CLICKING HERE.
In Elmhurst, IL we received our first snow of the season. It is just a dusting of snow on the grass, but I believe it was brought on by neighbors putting up their Christmas decorations before Thanksgiving.
We have not received any new donations to our JLN MarketsWiki Education GoFundMe campaign. Please help us preserve industry history by giving to our GoFundMe campaign. HERE is a video about the mission of MarketsWiki Education to learn more about our efforts to educate the next generation and capture the stories of generations of open outcry traders and electronic trading pioneers.
I am going to deep fry the turkey again this year for Thanksgiving. It is a very fast process, though dangerous. But it tastes great!
Have a great day and stay safe and treat people the same way you want to be treated: with respect, equality and justice.~JJL
Via The Washington Post: Although “There’s no evidence that having a beard per se makes you more or less vulnerable to the coronavirus,” according to Amesh Adalja, an infectious disease specialist at Johns Hopkins University, the Centers for Disease Control and Prevention has an infographic that addresses 36 different types of facial hair styles, and whether or not they are N95 mask-friendly.~SR
CFTC Staff Publishes Interim Report on NYMEX WTI Crude Contract Trading on and around April 20, 2020
Staff of the Commodity Futures Trading Commission’s Division of Market Oversight (DMO) and Office of the Chief Economist (OCE) today published an interim report regarding the circumstances leading up to, on, and around April 20, 2020 for the West Texas Intermediate Light Sweet Crude Oil futures contract (WTI Contract) traded on the New York Mercantile Exchange (NYMEX).
*****A whodunit without the who? Not even a whatdunit.~JJL
The Queen expresses an interest in blockchain; One must say one finds it all a little surprising.
Jemima Kelly – FT
Remember the Centre for Evidence Based Blockchain? They’re the ones who put out a report back in September that found that, despite having set up a dedicated centre for it, “evidence based blockchain” was actually pretty hard to come by.
*****Is this the Queen’s Gambit?~JJL
Monday’s Top Three
Our top story Monday was The Trade’s NYSE sales head departs for role at HFT Jump Trading, a repeat from yesterday’s top three. Second was Bloomberg’s Goldman Partner With Taste for Speed Says Market Has Hit Limits, about Goldman Sachs global co-head of futures and equities electronic trading Elizabeth Martin. Third was CFTC’s Tarbert: Global standards for crypto and CCPs are top industry priorities, from the FIA’s MarketVoice.