Industry Trends

Bitcoin Poker sits at the intersection of currency speculation and online gambling. The potential to profit on only gaming is only fueled by the possibility of rising Bitcoin prices in the future. This month, Michael Friedman at Poker News breaks down how Bitcoin is reshaping the online poker world for everyday poker players, and what it means for gamers and speculators alike.
Bitcoin Poker sits at the intersection of currency speculation and online gambling. The potential to profit on only gaming is only fueled by the possibility of rising Bitcoin prices in the future. This month, Michael Friedman at Poker News breaks down how Bitcoin is reshaping the online poker world for everyday poker players, and what it means for gamers and speculators alike.
The twin debacles of MF Global and PFG have damaged the reputation of the futures industry demanding an examination of customer protection rules. New rules are being implemented, which will add cost and complexity to FCM compliance.
Dodd-Frank was passed in 2010 but new CFTC authority to pursue fraud and manipulation are just coming on line. What will they do with it and what will it mean for the industry.
Many farmers’ biggest exposure isn’t in the commodity markets, but with land value. Futures on a viable land-value index may be the missing piece of the puzzle.
Politically, 2013 was the year of snatching defeat from the jaws of victory. First the GOP followed the direction of Junior Senator Ted Cruz (R Tex.) down a dark alley in a fight they were guaranteed to lose, and, then with the GOP on the ropes, the President and his team botched the roll-out of the Affordable Care Act website. In the markets all eyes were on Federal Reserve mainly because Congress abdicated all responsibility for moving the economy forward to Ben Bernanke, who finally signaled the beginning of the end of QE3.
2013 was a year of anticipation and perhaps disappointment. For those hoping the 2012 election would have settled some of the dysfunction in Washington, that did not happen. In fact, we doubled down on fights already settled as if there were no new business. Equity markets impressed, but few saw it as anything other than the hand of the Fed. Mercifully, the Fed signaled the beginning of the end of QE3 by year-end.
The advent of electronic trading brought an infatuation with for-profit exchanges, while Dodd-Frank brought hope of regulatory protection for the little guys. Neither delivered in 2013 — will 2014 be any different?
Almost 20 months after the fateful fall of MF Global, the regulator files its complaint against MF Global as well as CEO Jon Corzine and Assistant Treasurer Edith O’Brien. MF Global will settle, but Corzine and O’Brien may fight on.
When diversification was thought dead during the 2008-2009 market meltdown, managed futures proved their mettle, and institutional investors took notice.