| JLN PRESS ROOM PICK OF THE WEEK |
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| Ten global clearing firms make strategic investment in FIA Tech |
Washington, DC -- Today, FIA announced an investment of $44 million by ten leading clearing firms to fund the strategic growth of FIA Tech. The capital raise will advance FIA Tech’s efforts to bring innovative solutions to the derivatives industry.
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$46,041/$300,000 (15.3%)
Bruce Sunderland and American Financial Exchange LLC
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| SHELDON COHEN – OPEN OUTCRY TRADERS HISTORY PROJECT – PART ONE |
Attorney Sheldon Cohen started out his trading career as a risk manager for Goldberg Brothers, a CBOT clearing firm that was later sold to LIT Holdings, and eventually began trading at the Midwest Stock Exchange. He bought his own seat at the Chicago Board Options Exchange (CBOE) in 1976.
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| 10 MOST CLICKED STORIES OF THE WEEK |
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| 4 MOST CLICKED MARKETSWIKI PAGES OF THE WEEK |
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| | | THE JOHN LOTHIAN NEWS DAILY UPDATE (WEEKLY ROUNDUP) – WEEK OF 6/14/2021 |
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.
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| | | THE SPREAD – JUNE 18, 2021 |
Inflation really is a thing; Small traders are still big; John Lothian weighs in on the current trading landscape; and Nasdaq wins the May options market share race. All in this and the debut of the options “Term of the Week” in The Spread.
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| | | WALT LUKKEN AND NICK SOLINGER EXPLAIN FIA TECH INVESTOR DEAL |
FIA Tech announced yesterday a deal to take on 10 global banks as investors in the company in order to grow the for-profit FIA-affiliated firm. John Lothian interviewed FIA Chairman and CEO Walt Lukken and FIA Tech President and CEO Nick Solinger over Zoom about the deal.
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