Every month PanXchange publishes some of the summary data they have calculated from hemp trading, collected from their trading platform and reported to them by market contacts. In addition to the indications of the ongoing weakness in many hemp prices, the June Benchmark & Analysis carried a report about what can be taken as a sign of the growing sophistication of the hemp marketplace: Hemp traders are spoofing! (Maybe not a good thing.)

The John Lothian Daily Update is a podcast turning the daily JLN hits and takes comments, our original content and the stories and quips in the top box of First Read into a daily podcast.

John Walls is an executive with ADM Investor Services, but he started in the industry like many others of his generation as a trading floor messenger or runner. As a runner on the MidAmerica Commodity Exchange trading floor working for Shatkin Trading, Walls took advantage of nearly every opportunity he was presented with to learn all the different aspects of the markets and futures industry.

Michael Ourabah is the founder and CEO of BSO, a technology infrastructure provider specializing in connectivity for finance and capital market users. BSO recently embarked on a rebranding after being more of an engineering focused company that was “bad at marketing.” John Lothian News interviewed Ourabah over Zoom about BSO’s rebranding, telecoms in the age of the pandemic, cybersecurity, business as the world reopens, virtual reality and what comes next in technology.

The late author and Harvard professor Clayton Christensen coined the phrase “the innovator’s dilemma” in his popular book by the same name. In the book he describes why some well-run companies lose their dominant market position through the entrance of a competitor with a disruptive technology.

No summer doldrums this year; Volatility and volume surge; More (single stock) options to choose from; John Lothian weighs in with his take; and Jermal Chandler explains extrinsic value in this week’s options “Term of the Week.”