THE WEEKEND UPDATE: DECEMBER 7-11, 2020
JLN PRESS ROOM PICK OF THE WEEK
EDI challenges new CME fees as anti-competitive and illegal
Challenger data provider, Exchange Data International (EDI), has written to the CFTC, the heads of the relevant Committees of the US House of Representatives, and the US Senate – which oversee the CFTC – requesting they investigate the CME Group’s (CME) plans to charge for what has always been a no-fee service. Legal advice taken by EDI views the CME’s new fee policies as illegal, anti-competitive, and extremely disruptive. If the CME is allowed to proceed with its actions, the practical impact will be devasting for redistributors of the data, especially the small and mid-sized vendors.
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FROM JOHN LOTHIAN NEWS
THE SPREAD: BREXIT STAGE RIGHT
This week on The Spread, MIH and MGEX complete their merger, Cboe’s Chief Marketing and Communications Officer Carol Kennedy and the CFTC’s Chairman Heath Tarbert announce their retirement, and more.
THE JOHN LOTHIAN NEWS DAILY UPDATE (WEEKLY ROUNDUP) – WEEK OF 12/07/2020
KEVIN DARBY – THE PATH TO ELECTRONIC TRADING – MARKETSWIKI EDUCATION
Kevin Darby started his career as a college kid on the CBOE trading floor and bridged the open outcry and electronic trading eras by using his knowledge of the trading floor processes and trading, his mathematical skills and his programming skills.
AN EVENING SUPPORTING SCOUTING COMES IN MANY DIFFERENT NAMES
The LaSalle Street Dinner. The LaSalle Street After Hours Affair. The LaSalle Street Trading Tech Awards. Those are all the derivations of 49 years of the Chicago financial district congregating together to raise funds for Scouting in Chicago.