FIA Spoofing, Surveillance & Supervision

The CFTC and futures exchanges continue to aggressively pursue “spoofing” cases against traders. When evidence of criminal willful intent exists, they refer certain matters to the Department of Justice for criminal prosecution. The CFTC settled its first spoofing case in late December 2016. The month prior, the DOJ obtained its first criminal conviction for spoofing. Since that time, the CFTC has expanded its enforcement efforts in this area to target firms for failing to supervise traders being investigated for spoofing activity. With this Webinar, Jim Lundy and Nicholas Wendland from Drinker Biddle & Reath LLP will explore the increased regulatory....

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Event Risk Enters Phase 3: What’s At Stake in 2019?

When will the Fed halt its series of nine rate hikes that began in December 2015, or when will the trade war with China truly end? Questions like these epitomize the changing nature of event risk since 2008 where outcomes could be dragged out instead of being known on set dates. And, this could set the stage for heightened volatility in markets in 2019. [Read More]...

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Chairman’s Letter – Jan 2019

Month-Long Celebrations: National Soup and National Prune Month For some, January is the opening to new beginnings. For the NIBA, it means the continuation of our commitment to our members to provide education for your business growth and a forum in which to exchange ideas. Mark your calendar now to attend the three in-person programs scheduled for 2019: April 10: NIBA Spring Meeting, New York Athletic Club, NYC July 11: 6th Annual DePaul University/NIBA Joint Symposium, DePaul University, Chicago Sept. 12: NIBA Annual Members Meeting, Illinois Tech, Chicago On January 17, the FIA will present a webinar on spoofing, surveillance....

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Market Update: Perfect Storm for Bulls

A positive U.S. jobs report, dovish comments from the Fed and news on the trade front helped spark a rally in equities. Jack Bouroudjian discusses what it all could mean for equity indexes in 2019. The post Market Update: Perfect Storm for Bulls appeared first on OpenMarkets. Source: CME Open Markets – Market Update: Perfect Storm for Bulls

Market Update: New Year, More Volatility

The year started right where 2018 left off, with more volatility. Jack Bouroudjian explains why this week’s volatility might be different, and why market participants should watch fund flows and the Fed over the next few trading days. The post Market Update: New Year, More Volatility appeared first on OpenMarkets. Source: CME Open Markets – Market Update: New Year, More Volatility

Market Update: The Factors That Influenced 2018 Markets

The flattening of the yield curve, the rising dollar and hedge fund redemptions are among the factors that will eventually influence market structure. In looking back at this year’s trends, Jack Bouroudjian gives some guidance for what we should watch heading into 2019. The post Market Update: The Factors That Influenced 2018 Markets appeared first on OpenMarkets. Source: CME Open Markets – Market Update: The Factors That Influenced 2018 Markets

Three Geopolitical Risks Traders Will Watch in 2019

Successful traders do not have a crystal ball.They identify and assess risk and then act accordingly. As 2018 ends and we look forward to 2019, what risks should we concern ourselves with?  I am going to concentrate on three main areas of risk for traders in the United States: a continued trade conflict with China, the effect of Brexit on the global economy and stability in the oil producing region of the Middle East specifically with regards to Saudi Arabia. Trade Conflict with China When the current U.S. administration made it clear that there would be a different approach to.

Market Update: December Review

As the last week of December comes to a close, Jack Bouroudjian discusses recent market moves and what to look forward into the coming year. The post Market Update: December Review appeared first on OpenMarkets. Source: CME Open Markets – Market Update: December Review

What to Watch in Energy Markets in 2019

The only certainty about global energy is that the markets will continue to surprise in 2019.  The energy business has always been notorious for its ups and downs.  This is even more true today when the energy landscape is evolving rapidly.  The old order is changing fast as new trade routes emerge, driven by the resurgence of US energy production. That said, there are a few key trends that emerged in 2018 that are likely to set the tone for the year ahead. U.S. Oil Independence The United States was a net exporter of oil and refined products for one week.

What Makes A Bear Market?

The most commonly held definition of a “bear market” in stocks is a 20 percent price decline from peak to trough. Although there are several different index’s one could use to measure, most often people are referring to the Dow Jones industrial average or the S&P 500 index. Traders tend to look at the S&P 500 because it’s far more broad then the Dow 30 and less volatile than the technology heavy Nasdaq 100.  Since 1999 there have been three bear markets in the S&P 500.  All bear markets are definitely not created equal. The “tech wreck” of 2000 and.