The Spread – Closing Props – 1/18

Spencer Doar

Spencer Doar

Editor

Give ‘em their props – they gave it a go. (Plus, the OCC’s big decision was revealed.

The following are links to stories referenced in this week’s episode:

-> The Trade – OCC overhauls legacy clearing system with Cinnober
-> Reuters – Nasdaq discussing potential deal for Oslo stock exchange
-> Bloomberg – SocGen Considers Shutting $4.7 Billion Prop-Trading Unit
-> Bloomberg – BNP Paribas Is Said to Shut $3 Billion Prop Trading Arm
-> Bloomberg – BNP Loses $80 Million on S&P 500-Linked Derivative Trades
-> PRNewswire – U.S. Option Market Makers Cite Exchange Risk Protections As Critical Industry Improvement – Burton-Taylor Report

Produced by Mike Forrester

 

John Lothian Newsletter

We visit more than 100 websites daily for financial news (Would YOU do that?)

Now Read This

Banks Get Some Relief in Volcker-Rule Changes

Get a FREE 90 day trial of John Lothian Newsletter First Read Hits & Takes JLN Staff Trading Technologies Chief Technology Officer Drew Shields is leaving the company for a new opportunity in New York, a TT source said. His departure is not...

Compliance Complexities in Communications Monitoring

While Google Assistant, Apple’s Siri and Amazon’s Alexa might make natural language processing seem perfectly ready for widespread, plug-and-play adoption, those offerings are general use cases. Voice technology when it comes to monitoring and surveillance trading...

Chris Flint

In a contested election for a large-firm seat on the board of the Financial Industry Regulatory Authority (Finra), Chris W. Flint won over incumbent Andrew S. Duff, who was selected to run by the Finra board's nominating committee.

iownit

Iownit’s broker dealer subsidiary was approved for membership in FINRA, allowing iownit.us to issue private placement securities on its blockchain-based platform.

Pin It on Pinterest

Share This