John Lothian: Week in Review (July 8-12, 2024)

John Lothian: Week in Review (July 8-12, 2024)

JLN PRESS ROOM PICK OF THE WEEK

Clear Street’s Bold Move: Former Cboe Chairman & CEO Ed Tilly Joins Fintech to Revolutionize Clearing and Custody Systems

Clear Street, a fintech startup founded in 2018, is making waves in the financial services industry with its ambitious plan to revolutionize clearing and custody infrastructure and its big-name hiring of former Cboe Global Markets Chairman and CEO Ed Tilly. In an interview with John Lothian News, CEO Chris Pento and President-Designate Tilly outlined the company’s vision and progress.

The Weekend Update

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John Lothian: Week in Review (July 1-5, 2024)

John Lothian: Week in Review (July 1-5, 2024)

JLN PRESS ROOM PICK OF THE WEEK

John Lothian Reflects on Physical Challenges and Biden’s Debate Performance

Williams Bay, WI (JLN) – Describing Joe Biden’s debate performance last week, New Yorker Editor David Remnick quoted Mark Twain, writing, “It is sad to go to pieces like this, but we all have to do it.”

I can identify with that quote. Some of my physical health issues are like those of President Biden, and last week the degradation of my physical abilities caused me to miss my connection between London and Chicago.

The health issues I share with President Biden include obstructive sleep apnea, gastroesophageal reflux, seasonal allergies, spinal arthritis and peripheral neuropathy in the feet.

John Lothian: Week in Review (June 24-28, 2024)

John Lothian: Week in Review (June 24-28, 2024)

JLN PRESS ROOM PICK OF THE WEEK

The CFTC is probing Jump Crypto, previously one of the sector’s biggest players

The Commodity Futures Trading Commission is investigating Chicago-based trading firm Jump’s involvement in crypto, including inquiries into its trading and investment activity, according to a person familiar with the matter.

John Lothian: Week in Review (June 17-21, 2024)

John Lothian: Week in Review (June 17-21, 2024)

JLN PRESS ROOM PICK OF THE WEEK

Opinion: Class-Action Lawsuit Against CME Group Holds Disruptive Potential to Membership Prices, Future Deals and CME Leadership

A long-standing certified class-action lawsuit against CME Group, filed by members of the Chicago Board of Trade and Chicago Mercantile Exchange, poses a potential threat to the exchange group’s membership market. A mediated settlement, encouraged by the judge, could reshape how trading rights are offered at the exchange and potentially benefit a class of shareholders, whose B-shares have declined while A-share values rose.

John Lothian: Week in Review (June  10-14, 2024)

John Lothian: Week in Review (June 10-14, 2024)

JLN PRESS ROOM PICK OF THE WEEK

The role of the FCM: Futures Discovery EP 10

Today, we’re immersing ourselves in a detailed exploration of the pivotal role of Futures Commission Merchants, commonly known as FCMs. These financial intermediaries play a crucial role in facilitating futures and options trading, serving as a linchpin in the complex web of derivative markets. Understanding the intricate responsibilities and functions of FCMs is essential for navigating the dynamic landscape of modern financial systems.

John Lothian: Week in Review (June 3-7, 2024)

John Lothian: Week in Review (June 3-7, 2024)

JLN PRESS ROOM PICK OF THE WEEK

Eras Tour of The Securities and Exchange Commission | The SEC’s 90th Anniversary

How did Taylor Swift break all-time records with the Eras Tour?

Well, beyond her remarkable talent, there’s also a lot of value in sharing one’s story.

And here at the SEC there’s also lots of talent and history. So, as we celebrate the SEC’s 90th anniversary, let’s take an “eras tour” of our own.

John Lothian: Week in Review (May 27-31, 2024)

John Lothian: Week in Review (May 27-31, 2024)

JLN PRESS ROOM PICK OF THE WEEK

Joe Schroeter on Transforming CQG for the Digital Age: From Humble Beginnings to Market Leader

Elmhurst, IL (JLN) – Joe Schroeter is a change agent and that is exactly why CQG owner Tim Mather hired him in 2000 as the markets were turning electronic and CQG needed to reinvent itself.

John Lothian: Week in Review (May 20-24, 2024)

John Lothian: Week in Review (May 20-24, 2024)

JLN PRESS ROOM PICK OF THE WEEK

More effort needed on financial literacy in the UK

When the Financial Times launched the FT Financial Literacy and Inclusion Campaign in 2021, the case for financial education was clear. Financial literacy has been shown time and again to improve life outcomes, across ages and demographics, while boosting economic potential.

Three years of experience working with young people, women and marginalized communities has only confirmed FLIC’s view of the importance and scale of the challenge. It has therefore been heartening to see increased attention from policymakers in recent years. Yet a report this week by the UK’s parliamentary Education Committee suggests that much more needs to be done.

John Lothian: Week in Review (May 13-17, 2024)

John Lothian: Week in Review (May 13-17, 2024)

JLN PRESS ROOM PICK OF THE WEEK

MIT students stole $25M in seconds by exploiting ETH blockchain bug, DOJ says

Within approximately 12 seconds, two highly educated brothers allegedly stole $25 million by tampering with the ethereum blockchain in a never-before-seen cryptocurrency scheme, according to an indictment that the US Department of Justice unsealed Wednesday.

John Lothian: Week in Review (May 6-10, 2024)

John Lothian: Week in Review (May 6-10, 2024)

JLN PRESS ROOM PICK OF THE WEEK

FTX Customers Poised to Recover All Funds Lost in Collapse

Customers of the failed cryptocurrency exchange FTX are poised to recover all of the money they lost when the firm collapsed in 2022 and receive interest on top of it, the company’s bankruptcy lawyers said on Tuesday.

John Lothian: Week in Review (April 29-May 3, 2024)

John Lothian: Week in Review (April 29-May 3, 2024)

JLN PRESS ROOM PICK OF THE WEEK

Jane Street is big. Like, really, really big

As Jane Street’s lawsuit against Millennium and two former employees shows, Wall Street’s most profitable trading machine isn’t keen on letting its secrets slip out.

However, it has begun in recent years to supplement its capital with some debt, and lenders expect at least some disclosure. Thanks to MainFT’s Eric Platt, Alphaville has now got its mitts on the prospectus for its latest bond sale.

John Lothian: Week in Review (April 22-26, 2024)

John Lothian: Week in Review (April 22-26, 2024)

JLN PRESS ROOM PICK OF THE WEEK

Is ESG dead? ICE’s Bennett, LuxSE’s Hamon, Nasdaq’s Thyblad and the WFE weigh in

The question “Is ESG dead?” has become a meme in the business press – it’s ubiquitous, eye-catching and controversial – convincing some that the movement is with certainty on its way out. Contributing to this doomsday scenario are headlines like these: ESG is beyond redemption: may it RIP; The investing framework is now facing a mountain of troubles, almost all of them of its own making from the Financial Times; Step Aside, ESG. BlackRock Is Doing ‘Transition Investing’ Now. The world’s biggest asset manager has abandoned the acronym while pumping billions of dollars into clean energy from The Wall Street Journal; and ESG takes a $14 trillion hit as financial firms pull back on commitments from Marketplace.

John Lothian: Week in Review (April 15-19, 2024)

John Lothian: Week in Review (April 15-19, 2024)

JLN PRESS ROOM PICK OF THE WEEK

Miami International Holdings Announces Untimely Passing of MGEX CEO Mark Bagan

Miami International Holdings, Inc. (MIH), a technology-driven leader in building and operating regulated financial markets across multiple asset classes and geographies, today announced the untimely passing of Mark G. Bagan, Executive Vice President – U.S. Futures Strategy of MIH and Chief Executive Officer of Minneapolis Grain Exchange (MGEX™).

John Lothian: Week in Review (April 8-12, 2024)

John Lothian: Week in Review (April 8-12, 2024)

JLN PRESS ROOM PICK OF THE WEEK

‘I Am Worried’—Fed President Issues ‘Incredible’ Bitcoin Price Prediction Amid Shock Inflation Warning

Bitcoin has defied its fiercest critics with a barnstorming price rally over the last few months (and could now be in for its biggest month ever).

The bitcoin price has topped $70,000 per bitcoin, up from lows of $15,000 at the end of 2022, with “leaks” this week sparking wild speculation of a Wall Street price game-changer.

John Lothian: Week in Review (April 1-5, 2024)

John Lothian: Week in Review (April 1-5, 2024)

JLN PRESS ROOM PICK OF THE WEEK

GE’s Final Split, a Breakup 130 Years in the Making

At its height, General Electric was one of the biggest companies in the U.S., touching nearly every part of life with its lightbulbs, movies, refrigerators, plane engines, and MRI machines, among other things.

After two decades of turmoil, GE is much smaller. It sold off many of those businesses, shedding jobs and debt. On April 2, it will finish its breakup by splitting apart its power and aerospace divisions.

John Lothian: Week in Review (March 25-29, 2024)

John Lothian: Week in Review (March 25-29, 2024)

JLN PRESS ROOM PICK OF THE WEEK

Bonds Got Relabeled. Now Millions of Americans Get Higher Electric Bills.

They might not notice it, but millions of Americans are paying a little more each month for their electricity.

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