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The Weekend Update

JLN PRESS ROOM PICK OF THE WEEK

Surge in zero-day options sparks fears over market volatility

The market for extremely short-dated options on US stock market moves has boomed in recent weeks, sparking fears among analysts that the daily bursts of activity could be causing sharp sell-offs in equities.


So-called zero-day options, which allow traders to take targeted positions in stock markets around events such as economic data releases or monetary policy meetings, have surged in popularity since the start of the coronavirus pandemic.



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10 MOST CLICKED STORIES OF THE WEEK

Quant Trader Doubles Fortune to $11 Billion as XTX Profit Surges

Trading Technologies to acquire Abel Noser Solutions

This $599 Putting Green Improved My Golf Game. It Might Work For You.

French restaurants are reportedly requiring more than $5,000 minimum spend per table and refusing reservations for returning diners who didn't spend enough at their last visit

Surge in zero-day options sparks fears over market volatility

A Bitcoin ETF Debuts, But Traders Aren't Biting

Majority of prop trading firms obliged to join FINRA under expanded SEC rule

Sam Bankman-Fried does not have access to Adderall in custody and subsists on a diet of peanut butter sandwiches and water, his attorney alleges

SEC Adopts Amendments to Exemption From National Securities Association Membership

Elon Musk’s Shadow Rule

4 MOST CLICKED MARKETSWIKI PAGES OF THE WEEK

High-touch Trading

Hidden Road Partners

Volmageddon

Omgeo

TOP TWEETS OF THE WEEK

US regulators raise pressure on board members at competing companies

Long Jim Cramer ETF Shutters After Luring in Just $1.3 Million

US Grain Prices Rise on Heat Wave, Renewed Russian Attack

Who Has the Weakest Banks — the US or China?

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FROM JOHN LOTHIAN NEWS

LIAM HUXLEY TALKS CASSINI SYSTEMS AND THE CHALLENGES FIRMS FACE HOLISTICALLY

John Lothian News interviewed Cassini Systems Founder & CEO Liam Huxley over Zoom recently and asked him about the origin of Cassini, the problems it was founded to solve and what is new. Huxley said Cassini is focused on its four pillars of an operating model, including margin optimization, collateral optimization and forecasting or stress testing. The fourth pillar is for firms to be able to manage liquidity and profitability.


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HOU IS THE DOMESTIC CRUDE OIL BENCHMARK ON THE MOVE

Jeff Barbuto is trying to build a new benchmark in U.S. domestic crude oil at Intercontinental Exchange, where he has worked for 21 years running oil and is now the head of global oil markets. The benchmark is HOU, the Midland WTI contract for the Gulf Coast first started five years ago with the help of Magellan Midstream Partners.


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CREDIT RATING RESEARCH SPECIALIST DANIEL CASH ON THE COMPLEXITY OF RATING ESG, THE SOURCE OF “WOKE-ISM,” AND WHY EXTRA DUE DILIGENCE IS NECESSARY

John Lothian News talked with Daniel Cash, a credit rating research specialist and Reader in Law at Aston University, about credit ratings and the complexity of rating ESG. Cash described the origins and relative simplicity of existing credit ratings as well as the challenges of ESG ratings. 


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