The Internet of Things (LoT) is getting ready to change the world. Connected people, places and things are already communicating data into increasingly sentient industries. But, to date, it has not been clear how the financial services world can take advantage.
I reported on the poor timing of the increase in exchange and data fees by CME Group two weeks ago but the full impact, particularly of the data fees, is just coming into focus and market participants are seeing sticker shock.
It's not a secret that many pension fund, mutual fund and hedge fund managers are concerned about high-frequency traders (HFTs). While their concerns are many, perhaps the biggest uncertainty involves the actual extent of HFT participation in the markets, their identities and their intent.
For those of us concerned about the future of the U.S. in an era of global climate change and international competition over diminishing natural resources, the new report from the National Intelligence Council contains goods news and bad news.
First, let your greed overcome all regard for the stability of the global market, and overcome your aversion to illegal activities. Then say away from people like me, because I'd like to see you thrown in jail.
Emergency food aid would be more effective if it were financed on a multi-year, cash basis -- rather than on a year-by-year, reactive basis -- using forward contracts, call options, or other instruments available on futures markets.