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The Weekend Update
JLN PRESS ROOM PICK OF THE WEEK

Day Trader Army Loses All the Money It Made in Meme-Stock Era

It’s ending as fast as it began for retail day traders, whose crowd-sourced daring was the pre-eminent story of pandemic equities.


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10 MOST CLICKED STORIES OF THE WEEK

CME shareholders: CEO got paid too much

Flow Traders Executive Leaves After Swedish Ski Trip Incidents

What Happened When a Wall Street Investment Giant Moved to Nashville

Day Trader Army Loses All the Money It Made in Meme-Stock Era

FTX’s Bankman-Fried and CME’s Duffy square off on crypto futures in Capitol Hill hearing

The massive, unregulated source of plastic pollution you’ve probably never heard of

Ukraine war reveals ‘black swan’ danger

Crypto Billionaires’ Vast Fortunes Are Destroyed in Weeks

The 10 Best Books for Your Summer Reading List

Crypto’s Chainsaw Massacre Bloodies Digital Exchanges

4 MOST CLICKED MARKETSWIKI PAGES OF THE WEEK

Volmageddon

Nancy Davis

David Fisher

Dennis Gartman

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TOP TWEETS OF THE WEEK

Ukraine says it will stop transporting some Russian gas.

CME explores nickel contract after LME trade chaos

SoftBank’s $100 Billion Fund Lags Behind After Five Years of Investing

Bitcoin Price Falls 54% From Its High

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FROM JOHN LOTHIAN NEWS
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CEO LOH BOON CHYE ON SGX’S INVESTMENT IN TT, LINKS WITH SHENZHEN AND CME, AND ITS ETF AND FX BUSINESS

Loh Boon Chye, the CEO of the Singapore Exchange (SGX), sat down with John Lothian News at FIA Boca 2022 to talk about SGX’s moves in the ESG space, its investment in Trading Technologies, its links with the Shenzhen Stock Exchange and the CME, and its growing ETF and FX business.


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FIA TECH TALKS ABOUT DRIVING STANDARDIZATION, IMPROVING COLLABORATION AS KEYS TO IMPROVED INDUSTRY EFFICIENCIES

JLN interviewed FIA Tech President and CEO Nick Solinger and Head of Strategy Mark Davis at FIA Boca 2022 for the JLN Industry Leader video series. 


FIA Tech spent time in 2020 focused on improving collaboration and bridging gaps amid an unprecedented time in the markets. Then in 2021 it raised a sizable amount of cash based on the role it played in 2020. 


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TMX GROUP’S LUC FORTIN DISCUSSES CUSTOMERS’ RUSH TO THE YIELD CURVE AND LEADING BY EXAMPLE IN ESG

Luc Fortin, president and chief executive officer of Montréal Exchange and global head of trading at TMX Group, sees the launch of extended hours at TMX last year as an important step in the exchange’s globalization. “We had our hours in Europe where we were seeing more and more demand as we saw growing pools of capital requiring liquidity and Canadian derivatives over the Asian hours,” Fortin said. “So when we launched this in the fall, obviously, we’ve seen a very good uptake to it, particularly around all the crazy volatility that we’ve seen since the beginning of this year.”


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