JLN PRESS ROOM PICK OF THE WEEK | |
A Trump-influenced lower equity market and then a near rebound produced the perfect day for the CME Group to start trading micro E-mini equity futures contracts yesterday, specifically Micro E-mini futures on the S&P 500, Nasdaq-100, Russell 2000 and Dow Jones Industrial Average indexes. Read More | | |
10 TEN MOST CLICKED STORIES OF THE WEEK | |
| The Spread – Grinding Gears | The JLN team was down in Doral, Fla. for the 2019 Options Industry Conference last week. This episode of “The Spread” covers some of the conference happenings (and a few other things that grind the host’s gears). Read Now | |
| “Regulatory Creep” – Legal Issues in U.S. v. Thakkar | Thursday afternoon as part of the FIA Law & Compliance Conference, Marc Nagel, attorney advisor to the derivatives training firm Exchange Analytics, moderated a panel composed of attorneys Gary DeWaal and Renato Mariotti discussing the recent federal criminal charges against computer programmer Jitesh Thakkar. Read Now | |
| Algos and Execution: How Do You Roll? – Thomas Ascher, Quantitative Brokers | Quantitative Brokers spent 2018 building out its global footprint. With offices globally now, the firm offers 24/7 high touch support for its low touch offering – algorithms for best execution. In this video, Quantitative Brokers Executive Chairman Thomas Ascher talks about why traders need liquidity seeking algorithms. Read Now | |
| Bridging the Gap Between OTC and Exchange-Traded – Brad Levy, IHS Markit | There still exists some polarization between listed derivatives markets and OTC markets. In this video, Global Head of Loans at IHS Markit and CEO of MarkitSERV Brad Levy talks about why the gap between the two is slowly closing and the generational shift it is going to take to fully transition financial markets to a digitally-enabled world. Read Now | |
| FIA Law & Compliance Conference Kicks Off | The 41st annual derivatives industry regulatory confabulation was called to order on Wednesday afternoon in Washington, DC, by Law & Compliance Division President Tammy Botsford. Read Now | |
| Bcause in Talks With Bitmain, Others To Climb Out of Debt | Bcause, the cryptocurrency mining company whose name is most likely to be autocorrected by one’s phone, is attempting to fight its way out of bankruptcy. Its battle plan? Raise some capital and start new businesses. Read Now | |
| RCG Weathers Record Cold, Becoming RCG Division of Marex Spectron | Rosenthal Collins Group (RCG), the well known Chicago FCM, was recently acquired by London-based Marex Spectron. After a transition that took place over one freezing Chicago weekend, it has been fully integrated into the company and is now the RCG Division of Marex Spectron. Read Now | |
| Adding More Flexibility and Choice – Andrew Whyte, FIS | It was a big year for FIS as the company brought two of its business lines together. In this video, FIS Group President of Post Trade Services Andrew Whyte talks about client trends and the firm’s roadmap for 2019. Read Now | |
| Aggressive Government Positions Expand Liability for Non-Traders | The recent case of United States v. Jitesh Thakkar demonstrated extraordinary government overreach that could result in a non-trader being liable for millions of dollars in trading losses even though the non-trader had no knowledge of the trading activity. Read Now | |
| Double Jeopardy, Sort Of – U.S. v Thakkar | TAs just about everyone who reads this newsletter knows, the criminal case brought by the U.S. Department of Justice against Jitesh Thakkar dissolved last month when the judge dismissed the conspiracy to spoof charge and the jury split (10-2 for acquittal) on the two remaining spoofing charges. Read Now | |
| Trends in Surveillance and Market Risk Analysis Platforms – Travis Schwab, Eventus Systems | In this video, Eventus Systems CEO Travis Schwab talks about what clients are requesting in the regulatory technology space as well as Eventus’ plans for 2019. Eventus’ Validus platform was recently recognized at the 2019 RegTech Insight Awards. Read Now | |
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