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John Lothian News Features

The Spread: Moving Out, Moving Back In

Matt Raebel » 5.29.20This week on The Spread - the CME Group announces new options products, MSCI moves from Singapore to Hong Kong, and more.

The Weekend Newsletter: May 25-29, 2020

Patrick Lothian » 5.29.20

State Rep. Kelly Cassidy: Illinois legislators take notice of strong cannabis revenues

Suzanne Cosgrove » 5.29.20John Lothian News caught up with Illinois State Rep. Kelly Cassidy (D-Chicago) on Wednesday, May 27, just days after the finish of a special state legislative session. Amid talk of a budget deficit and pandemic-related business closures, the healthy revenue stream provided by the state’s adult-use cannabis sales through April stood out, she said.

Members Exchange

Sarah Rudolph » 5.29.20Members Exchange (MEMX) confirmed it will launch in September, after an initial delay due to disruptions caused by the coronavirus pandemic.  MEMX was supposed to launch on July 24.

Kingdom Trust

Thom Thompson » 5.29.20Mainstream investment custodian Kingdom Trust, with $13 billion in custody, now offers clients the ability to hold bitcoin in their retirement accounts. The custodian offers a bitcoin bonus to the first 1,000 users of its multi-asset Choice platform. 

Battle for Hong Kong Is Shifting to City’s Financial Markets; S.Korea will respond if FX volatility spikes over U.S-China tensions – finmin

Matt Raebel » 5.29.20