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The Weekend Update

JLN PRESS ROOM PICK OF THE WEEK

From Punch Cards to Crypto: One Man’s Journey Through Wall Street’s Tech Revolution

John Rapa never imagined his part-time college job would lead to a front-row seat for Wall Street’s technological transformation. But over five decades, he’s witnessed the industry’s evolution from paper tickets to blockchain – and he’s still grappling with how to explain Bitcoin to his grandparents.

“Markets are evolutionary, not revolutionary,” says Rapa, now CEO of the consulting firm Tellefsen & Company. His career has spanned roles at brokerages, exchanges, and tech vendors, giving him a unique perspective on finance’s digital upheaval.

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10 MOST CLICKED STORIES OF THE WEEK

CME Wins Futures Commission Merchant Approval, Sparking Backlash

ANALYSIS: CME’s clearing broker approval renews focus on US rules

Meet the Wall Street Bigwig Who Has Become Trump’s Headhunter in Chief

Yellen Says Fraud is Huge, Growing Problem in Banking System

New Lisbon woman dies Saturday after vehicle becomes submerged in Juneau County

From Punch Cards to Crypto: One Man’s Journey Through Wall Street’s Tech Revolution

Aquis Exchange and Cboe Europe to Launch SimpliCT to Explore Bid for EU Equities Consolidated Tape

Thomas Peterffy on ForecastEx: Building a Buy-Only Market to Transform Event Trading and Crowd-Based Insights

FIA statement on CME’s FCM license

Russian court fines Google more than world’s GDP

4 MOST CLICKED MARKETSWIKI PAGES OF THE WEEK

The Commercial Real Estate Crash Is Battering Even the Safest Bonds

HSBC’s overhaul: dramatic, prosaic or prey to geopolitics?

Trafigura Faces $1.1 Billion Hit After Mongolia Fraud Probe

Pimco Raises $2 Billion for Asset-Based Private Lending Strategy

Thomas Peterffy on ForecastEx: Building a Buy-Only Market to Transform Event Trading and Crowd-Based Insights

Thomas Peterffy, founder of Interactive Brokers, shares insights into his latest venture, ForecastEx, an innovative platform designed to create a new market for event-based contracts in an interview with John Lothian News. ForecastEX provides traders a unique “buy-only” model where participants take yes or no positions on the probability of future events, challenging traditional speculation while aiming to yield broader societal insights.

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From Punch Cards to Crypto: One Man’s Journey Through Wall Street’s Tech Revolution

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