Thought Leadership
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...
Letter to JLN from Vivek Sharma in Support of Jitesh Thakkar
Editor’s note: John Lothian News received the following letter from Vivek Sharma, a former employee of Edge Financial, the firm owned by Jitesh Thakkar. Sharma has also worked for the National Futures Association as a quantitative analyst in...
Justice for Jitesh: Special Sauce is Never Shared
I worked with traders and systems developers for many years when I was a futures broker. During the time I worked with them, they never shared with me their “special sauce,” the intellectual property that made their trading systems tick. There...
Justice for Jitesh; CFTC Should Drop Civil Charges and Apologize
I have created a petition titled "Justice for Jitesh: CFTC Should Drop Civil Charges and Apologize" on Change.org. Here is a link to sign the petition: Justice for Jitesh Petition. I ask you to read and please sign this petition. My hope is go...
Statement on Justice for Jitesh Thakkar
There is a cloud hanging over the CFTC’s Technology Advisory Committee that does not involve Bitcoin. That cloud has darkened recently. The cloud is the civil case against Jitesh Thakkar, a one-time contributor to the TAC’s high frequency...
Tom Gould – Open Outcry Traders History Project
Tom Gould is a former option trader at the Chicago Board Options Exchange. He went on to a brokerage and compliance career. He tells his story about his days trading on the floor of the CBOE to John Lothian News as part of the MarketsWiki Education Open Outcry Traders History Project.
David Silverman: Is Greed Good?
At MarketsWiki Education’s World of Opportunity event in Chicago, David Silverman, the CEO of Alpha Trading, talks about the natural tendency toward greed in the markets and the struggle against it.
Fifth Annual Wall Street Rides FAR Event Approaches
Is there a chance you’ll be in New York during the first week of October? If so, you’ll want to check out the fifth annual Wall Street Rides FAR bike ride event which raises money for the Autism Science Foundation. In this video, event founder Bryan Harkins, Cboe executive vice president and co-head of markets division, talks about how the event has evolved and grown over the years.
From Treasuries to Ameribor Futures: Doc Sandor talks about financial innovation
What's the tipping point that makes a new financial innovation successful? Dr. Richard Sandor presents a talk at the Cboe comparing the launch of Treasury Futures 42 years ago to AFX and Cboe's launch of Ameribor Futures on August 16. John...
A Plethora of New Reference Rates
Ameribor is not the only new short-term interest rate vying for market attention. As part of the post-financial crisis reforms, global regulators are overseeing the abandonment of LIBOR, the London Interbank Offer Rate, in favor of new...
John Lothian News Special Report: The Launch of Ameribor
On Friday, August 16, The American Financial Exchange (AFX), headed by Dr. Richard Sandor, will launch the first futures on the Ameribor, an index designed to be a replacement for Libor, which had become badly tarnished by a manipulation...
The Power of the People
Microsoft acquired LinkedIn for more than $26 billion in 2016 and the platform now has more than 500 million users. Need any more proof of the power of networks? In this video, ChartIQ Chief Revenue Officer Julie Armstrong provides her...
Big Shoes To Fill: What Can Heath Tarbert Do For This Industry?
As the new CFTC Chairman Heath Tarbert assembled his team last week with some new names and some staff he kept on from his predecessor Chris Giancarlo, it is clear that there is much work yet to be done in the derivatives space. The question...
MarketsWiki Education World of Opportunity 2019 Day One Held Tuesday in Chicago
Cryptocurrencies and blockchain were not the only themes at the MarketsWiki Education World of Opportunity event at the headquarters of Trading Technologies on Tuesday, but they kept cropping up.The first presenter, Colleen Sullivan, is the...
Letter to Heath Tarbert, Chairman of the Commodity Futures Trading Commission
Mr. Heath TarbertChairman, Commodity Futures Trading CommissionThree Lafayette Centre1155 21st Street, NWWashington, DC 20581 July 12, 2019 Dear Chairman Tarbert: Congratulations on becoming chairman of the CFTC. Welcome to the futures...
John Lothian Newsletter
Today's Newsletter
ABN Amro takes $200m hit from failure of a single client
First Read Hits & Takes By John Lothian and JLN Staff The challenge of the coronavirus outbreak has been compared to a war. Yesterday, there was a story that compared our current situation to World War II. It is a good comparison, because there are going to be...
We visit more than 100 websites daily for financial news (Would YOU do that?)
JLN Options Newsletter
Today’s Newsletter
Fed Hears Urgent Pleas to Ease Rules on Banks in Options Markets; ABN Amro takes $200m hit from failure of a single client
Lead Stories Fed Hears Urgent Pleas to Ease Rules on Banks in Options Markets Silla Brush, Benjamin Bain and Jesse Hamilton - Bloomberg Amid the coronavirus outbreak, the options market has been a crucial tool for investors seeking to protect...
Everything you need to know about Options Today
