John Lothian: Week in Review (February 5-9, 2023)

In this podcast version of the Open Outcry Traders History Project video interview, Tom Gould reflects on his trading career and the life-changing experience of a heart attack that led him to give back to the community. Gould’s journey began unexpectedly when he took a summer job at the Chicago Board Options Exchange and then after a second summer received a call from his boss with an offer to forego law school and join the Chicago Board Options Exchange (CBOE). His time on the trading floor had been eye-opening, filled with excitement and learning opportunities, so he took the job.

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In episode 6 of Futures Discovery, we’re diving head first into a crucial topic that affects every trader’s journey in the world of futures trading – “Regulation & Do You Need to be Registered.” Buckle up as we unravel the intricate web of rules and regulations that shape the landscape of the futures market.

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John Lothian News recently interviewed the recently retired Piper Sandler Managing Director Rich Repetto for the John Lothian Profiles video series. The interview coincided with Repetto’s recognition by the charity Tuesday’s Children. Repetto shared insights from his career journey in the financial industry, which started rather late. Repetto began work on a Wharton MBA at age 36 after graduating from West Point and serving in the U.S. Army as a helicopter pilot for five years. At Wharton he took every finance class he could to catch up, he said.

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In a video interview with John Lothian News, FIA Tech CEO Nick Solinger discussed the recently announced partnership with eClerx to enhance its Trade Data Network (TDN) and the launch of a collaborative help desk.

Solinger described TDN as an industry initiative designed to consolidate diverse data sources in the exchange-traded derivatives market. This market’s diversity, with firms trading across global exchanges using different systems, often led to operational disruptions during high-volume days or unexpected events such as conflicts or shifts to remote work due to COVID-19.

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