John Lothian: Week in Review (July 27th – 31st, 2026)
The Weekend Update
JLN PRESS ROOM PICK OF THE WEEK
IG Group keeps trying to predict prediction markets
IG Group has been trying to predict the prediction market business for nearly two decades. Its record looks like that of a trader who gets in early, loses conviction, sells, buys back, sells again, and then discovers that the market has gone limit-up without him or her.
10 MOST CLICKED STORIES OF THE WEEK
PAGE OF THE DAY
Monday Stephen Luparello
Tuesday Binance
Wednesday FutureSports
Thursday MarketAxess Holdings Inc.
Friday IG Group Holdings
JLN PRESS ROOM PAGE OF THE WEEK
MarketAxess Holdings Inc.
NYSE parent company ICE agreed to buy MarketAxess Holdings Inc. for about $6 billion in cash, giving ICE control of a top electronic marketplace for corporate bonds.
FROM JOHN LOTHIAN NEWS
IG Group keeps trying to predict prediction markets
IG Group has been trying to predict the prediction market business for nearly two decades. Its record looks like that of a trader who gets in early, loses conviction, sells, buys back, sells again, and then discovers that the market has gone limit-up without him or her.
The Call Is Coming from Inside the White House: Senate Democrats’ Forum Lays Out the National Security and Retail-Investor Case Against the CLARITY Act
On Capitol Hill on Monday, Senators Richard Blumenthal (D-CT) and Chris Van Hollen (D-MD) convened a Senate Democratic forum broadcast on YouTube on what they’re calling the “cryptocorruption” flowing out of the Trump White House and into the pending CLARITY Act, the digital-asset market-structure bill now working its way toward the Senate floor. They were joined by Senators Dick Durbin (D-IL), Chris Murphy (D-CT) and Elizabeth Warren (D-MA), and they took testimony from five witnesses: actor-turned-crypto-investigator Ben McKenzie Schenkkan; North Carolina scam victim Lori Flowers; former SEC Internet Enforcement chief John Reed Stark; Democracy Defenders Action ethics counsel Virginia Canter; and Transparency International U.S. deputy executive director Scott Greytak.
CME’s Innovator’s Dilemma: Read the Book, or Become the Case Study
CME Group is living in a Clayton Christensen case study and doesn’t even have to buy the book to see how it ends. The lesson is already in its own stock chart, its margin profile, and the shadow cast by perpetual futures. The only question is whether CME wants to be the incumbent in the book…or the disruptor in the sequel.