Cboe and its CEO Are Now in a Different Boat
In January of 2014, after hearing CBOE executives crow at an annual Chicago press lunch about how great their publicly traded company and its products performed in 2013, I wrote a commentary titled “The CME Should Buy the CBOE Soon.” There have been many on and off discussions about just that for many years. And yesterday for just a short period of time it seemed like it was happening, as the Financial Times reported that CME Group had approached Cboe to acquire it in a $16 billion deal that CME Group later strongly denied.
Back in November, the industry gathered for the annual FIA Expo event in Chicago. There, John Lothian News used an exhibitor booth (Thanks Cinnober!)...
London Metal Exchange had quite a year in 2014. From its integration into the Hong Kong Exchanges & Clearing, launching its own clearinghouse, and...
The John Lothian Newsletter started in 2000 as a viral marketing experiment to help me grow my online brokerage business, but also my promotion...