View source for John J. Lothian

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{{Infobox Person|name=John Lothian|pic=JohnLothian mw.jpg|loc=Chicago, Illinois, USA|job=Publisher, CTA|employer= John J. Lothian & Company, Inc.|twitter  = JohnLothian|linkedin = http://www.linkedin.com/in/johnjlothian|| twitter =        JohnLothian|stocktwits=JohnLothian|url=[http://www.johnlothian.com johnlothian.com]}}
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<div class="item">[http://www.johnlothiannewsletter.com/2012/01/this-is-no-bank-robbery/ This is No Bank Robbery - Featured Commentary, January 30, 2012]</div>
<div class="item">[http://www.marketsreformwiki.com/mktreformwiki/index.php/Position_Limits_Regulation_-_Hearings_%26_Testimony Position Limits Testimony, John J. Lothian]</div>
<div class="item">[http://www.marketsreformwiki.com/mktreformwiki/index.php/Commodity_Trading_Advisor_Regulation Commodity Trading Advisor Regulation]</div>
<div class="item">[http://www.marketsreformwiki.com/mktreformwiki/index.php/Private_Fund_Systemic_Risk_Reporting_Regulation_-_Comment_Letters CTA Regulation - Comment Letters]</div>
<div class="item">[http://www.marketsreformwiki.com/mktreformwiki/index.php/High_Frequency_Trading_Regulation_-_White_Papers High Frequency Trading Regulation - White Papers]</div>
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John J. Lothian is the founder and owner of [[MarketsWiki]], [[MarketsWiki Education]], [[MarketsReformWiki]] and [[CryptoMarketsWiki]] and the publisher of [[John Lothian News]].<ref>{{cite web|url=https://emergingmanagerforum.com/service-provider/john-j-lothian-co/|name=John J. Lothian & Co.|org=Emerging Manager Forum|date=June 4, 2019}}</ref><ref>{{cite web|url=https://www.bloomberg.com/research/stocks/private/people.asp?privcapId=104710289|name=Company Overview of John J. Lothian & Company, Inc|org=Bloomberg|date=June 4, 2019}}</ref><ref>{{cite web|url=https://www.chicagobusiness.com/article/20131026/ISSUE02/131029812/john-lothian-news-blog-offers-a-view-of-commodities-industry|name=Finance blogs: Ideas As Commodities: "John Lothian News"|org=Crain's Chicago Business|date=October 13, 2020}}</ref>

Lothian is the executive chairman and CEO of [[John J. Lothian & Company, Inc]].  

He is also a [[commodity trading advisor]] ([[CTA]]) and industry consultant as well as a frequent moderator of industry panels.

He is a principal with [[John J. Lothian Managed Futures, LLC]], a [[National Futures Association]] member [[CTA]].

Lothian is a member of the U.S. [[CFTC Technology Advisory Committee]].  He was named to the committee in June of 2012.<ref>{{cite web|url=http://www.cftc.gov/PressRoom/Events/opaevent_tac062012|name=Technology Advisory Committee and Renewal of the Committee Charter and Membership|org=U.S. Commodity Futures Trading Commission|date=June 18, 2012}}</ref><ref>{{cite web |url=https://www.cftc.gov/About/CFTCCommittees/TechnologyAdvisory/tac_members.html |name=Members of the Technology Advisory Committee as of
February 12, 2018|org=US Commodity Futures Trading Commission|date=December 13, 2018}}</ref>

He was a [[futures broker]] for many years, including with [[The Price Futures Group, Inc.]] from 1997 to 2012.

Lothian is active in Boy Scouts of America and serves in several positions, including Venturing Crew Advisor, Scoutmaster of a all-girl troop of Scouts BSA, Troop Chaplain, Assistant District Commissioner and Merit Badge Counselor.<ref>{{cite web|url=https://patch.com/illinois/elmhurst/elmhurst-scouter-presented-silver-beaver-award|name=Elmhurst Scouter Presented Silver Beaver Award|org=Elmhurst Patch|date=April 20, 2018}}</ref>

== History ==

Lothian started his futures career as a 17-year old driver working for [[CBOT]] member and soybean broker [[Thomas J. Cashman]].  He worked in this capacity through his college years during the summers, while also working during the summer of 1981 as a floor messenger or runner on the floor of the [[Chicago Board of Trade]] for [[Shearson American Express]].

His first post-graduation full-time position was as a news reporter for [[Knight-Ridder]]'s Commodity News Service, a news wire service covering the futures and cash commodity and financial markets.  He left Knight-Ridder in April of 1985 following the low price volatility for agricultural and metals commodities and brokerage firm cut backs that caused contraction in the brokerage space.

In July of 1985 he joined the year old discount commodity brokerage [[First American Discount Corporation]], founded by former [[CBOT]] Chairman [[William J. Mallers, Sr.]], in a news and operations role.  He later advanced to head a trading desk and participated in a trader training program led by Mallers.  

Lothian left [[FADC]] the year after the stock market [[1987 stock market crash|crash of 1987]] to join a proprietary trading group backed by [[LIT America]].  Shortly after joining the group called Meltdown Trading, which was founded in October of 1987, an FBI investigation of the Chicago futures markets was announced.  Lothian left [[Meltdown Trading]] in May of 1989.  

In July of 1989 Lothian started traded futures for his own account on the [[MidAmerica Commodity Exchange]] and became a member of the exchange in September of 1989.  He was a member until June of 1990 when he joined [[Gerald Commodities]] as an account executive.

He left [[Gerald]] before the company sold its Chicago-based [[FCM]] business to one of its customers, forming [[Rand Financial]]. In the fall of 1992, Lothian joined the late [[John H. (Bud) Frazier]], a former Gerald executive, at the newly established introducing broker and CBOT member firm, [[US Futures & Options Company, Inc.]]  After Frazier passed away in the summer of 1993, Lothian and a couple of longtime employees of Frazier established an [[Introducing Broker]] firm, [[The Frazier Associates]].

In November of 1997, Lothian left [[The Frazier Associates]] and joined [[The Price Futures Group, Inc.]], one of the industry’s leading introducing brokers, as the president of the newly formed Electronic Trading Division. He switched to a branch manager for the company in December 2010.  In June of 2011, Lothian resigned from [[The Price Group]] to concentrate on his media business.

On April 6 of 2011, Lothian rang the closing bell at [[NYSE Euronext Amsterdam]], home of the world's oldest stock exchange.

[[File:ZeroSumPicture.jpg|float|right|thumb|Zero Sum Game]]
Lothian appeared in the book "Zero Sum Game" by Erika S. Olson, a former CBOT employee.<ref>{{cite web|url=http://books.google.com/books?id=hONDhhNSP0oC&pg=PA151&lpg=PA151&dq=John+Lothian+Purdue&source=bl&ots=Y_UE11yBEM&sig=B72pLPWd_MdtucyoXrJwrM6X-no&hl=en&sa=X&ei=OMt0VIzTBaHjsASSv4K4Bw&ved=0CB0Q6AEwADgK#v=onepage&q=John%20Lothian%20Purdue&f=false|name=Zero-Sum Game: The Rise of the World's Largest Derivatives Exchange|org=Google Books|date=November 23, 2014}}</ref> His comments in the John Lothian Newsletter are used by Olson to help tell the story of the merger between the CBOT and CME and the attempt by ICE to breakup the merger.<ref>{{cite web|url=https://thereformedbroker.com/2010/12/21/guest-post-erika-olsen-and-the-war-for-the-cbot/|name=Guest Post: Erika Olson and the War for the CBOT|org=TheReformedBroker.com|date=June 4, 2019}}</ref>

He was a trustee of the [[Institute for Financial Markets]], the Washington, DC based not-for-profit educational arm of the [[Futures Industry Association]].from March of 2013 to March of 2015.

In 2013, Lothian created the MarketsWiki Education World of Opportunity series aimed at educating and inspiring the next generation of industry participants and professionals about the markets. 

In December of 2016, Lothian named [[Jim Kharouf]] as CEO of [[John J. Lothian & Company, Inc.]] and moved to the position of executive chairman.<ref>{{cite web|url=https://goo.gl/tLZpBV|name=Lothian hands CEO title to newsletter editor|org=Crain's Chicago Business|date=December 8, 2016}}</ref> However, in December of 2017, Lothian replaced Kharouf as CEO after Kharouf resigned.

After MarketsWiki passed the 100 million page view mark in May of 2017, Lothian was interviewed by [[Advantage Futures]] for their Inside Advantage newsletter about the site and his history.<ref>{{cite web|url=http://www.advantagefutures.com/q-john-lothian/|name=Q & A WITH JOHN LOTHIAN|org=Advantage Futures|date=August 9, 2017}}</ref>

In March of 2017, Lothian announced a new micro-wiki site under development, CryptoMarketsWiki.com.

== Newsletter Publishing ==
Lothian is editor and publisher of the [[John Lothian Newsletter]], the flagship newsletter from [[John Lothian News]] (JLN), providing daily news and commentary about the global [[exchange traded derivatives]], [[securities]] and related [[OTC]] markets. He is also publisher of [[JLN Options]].  Additionally, he was publisher of [[JLN Environmental/Energy]] formerly [[Environmental Markets Newsletter]], JLN Financials]] and [[JLN Managed Futures]].<ref>{{cite web|url=http://johnlothian.com/news/|name=John Lothian News|org=John Lothian News|date=May 22, 2012}}</ref>

== Webcasts ==
*RTS "Market Trends" Panel, FIA Chicago, November 2008<ref>{{cite web|url=http://www.automatedtrader.net/announcements-4361.xhtm|name=RTS "Market Trends" Panel, FIA Chicago, November 2008|org=Automated Trader Magazine|date=December 1, 2008}}</ref>
*Financial Times Trading Room: John Lothian on the trading power of the tweet 

==Videos==

{{#ev:youtube|mAEyYm6apBU}}<br>
{{#ev:youtube |3PHm5jYYuVk}}<br>

==Podcasts==
*[http://www.theoptionsinsider.com/radio/?id=66 OIC 2009 Panel Audio: Exchange Leaders Panel]
*[https://itunes.apple.com/us/podcast/episode-11-john-lothian-chronicler-of-futures/id1347746738?i=1000407254558&mt=2 Inside The ICE House]]

== Trading ==
Lothian is the sole principal of [[John Lothian Managed Futures LLC]], a commodity trading advisor registered with the [[National Futures Association]] as of July of 2011.

Previously, Lothian operated [[John J. Lothian & Company, Inc.]] as a Commodity Trading Advisor as well as a media firm. [[JJLCO]] had two [[managed futures]] programs; [[Big ED]] and [[Maple Sugar]]. The trading methology behind the managed programs was created by [[MarketsWiki Development Team]] member [[Jon Matte]], formerly of [[Defender Capital Management, Inc]]. [[JJLCO]] purchased the trading programs and intellectual property rights behind them from Defender.

Lothian was a member of the [[MidAmerica Commodity Exchange]] in 1989-90 and prior to that a member of a proprietary trading group at [[LIT America]].

== Testimony in Front of the CFTC ==
Lothian was chosen to speak at the CFTC's second hearing to discuss energy position limits and hedge exemptions on July 29, 2009.<ref>{{cite web|url=http://www.cftc.gov/newsroom/generalpressreleases/2009/pr5682-09.html|name=Press Release|org=CFTC|date=July 28, 2009}}</ref>

*[http://www.johnlothiannewsletter.com/2009/07/john-lothian-july-2009-testimony-before-cftc-regarding-open-hearings-to-discuss-energy-position-limits-and-hedge-exemptions/ John Lothian July 2009 Testimony Before CFTC Regarding Open Hearings To Discuss Energy Position Limits And Hedge Exemptions]

He also testified at the March 25, 2010 CFTC public meeting to examine futures and options trading in the metals markets.<ref>{{cite web|url=http://www.cftc.gov/newsroom/generalpressreleases/2010/pr5798-10.html|name=Press Release|org=CFTC|date=March 25, 2010}}</ref>

He participated in a round-table discussion regarding the three statutory disruptive practices set forth in new section 4c(a)(5) of the Commodity Exchange Act (“CEA”) pursuant to section 747 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”).<ref>{{cite web|url=http://www.federalregister.gov/articles/2011/03/18/2011-6398/antidisruptive-practices-authority#p-3|name=Antidisruptive Practices Authority|org=U.S. Federal Register|date=April 19, 2011}}</ref>

On February 29 and March 1, 2012, Lothian participated in a CFTC roundtable in Washington, DC, discussing additional customer collateral protections. <ref>{{cite web|url=http://www.cftc.gov/ucm/groups/public/@aboutcftc/documents/file/panelists022912.pdf |name=Panel List|org=CFTC |date=March 20, 2012}}</ref>

== Education == 
He is a 1983 graduate of Purdue University in West Lafayette, Indiana, and holds a Bachelor of Science degree in General Management/Finance and a Bachelor of Arts in Mass Communications/Journalism.<ref>{{cite web|url=https://cla.purdue.edu/news/magazine/documents/2003Fall.pdf|name=Alumni News|org=Purdue University Department of Communication|date=February 18, 2008}}</ref>

== Registration Information ==
*[http://www.nfa.futures.org/BasicNet/Details.aspx?entityid=8Qw0mifv0l8%3d John James Lothian] NFA ID: 0212478
*[http://www.nfa.futures.org/BasicNet/Details.aspx?entityid=4LwP7mc9oZY%3d John J. Lothian & Company, Inc.] NFA ID: 0339209
*[http://www.nfa.futures.org/BasicNet/Details.aspx?entityid=UbjrfIFhgwI%3d John J. Lothian Managed Futures LLC] NFA ID: 0431985

== Personal ==

Lothian lives in Elmhurst, IL with his wife Cheryl and their three children.  

He served as the district chairman of Potawatomi Trails District of Three Fires Council, Boy Scouts of America from 2006 to 2009.<ref>{{cite web|url=http://www.chicagosuburbannews.com/elmhurst/homepage/x1202735111 |name=District chairman hopes to draw upon his business experience|org=Elmhurst Press|date=February 8, 2008}}</ref>  He served as a Boy Scout Scoutmaster of Troop 117 in Elmhurst from 2009 to 2016 and was   a Venturing Crew Advisor from 2015 to 2019 and Scoutmaster of an all-girl troop in Scouts BSA from February to October of 2019.

He is also a Merit Badge counselor. He also served as an Assistant District Commissioner for Communications for the Potawatomi Trails District of Three Fires Council for the Boy Scouts. He also served as the nominating chair and a Member at Large of the Executive Committee for the Pathway to Adventure Council for the Boy Scouts.<ref>{{cite web|url=https://scoutingevent.com/456-TT300JohnJLothian|name=Trading Tech 300 John J. Lothian & Co.,Inc. Journalism and Communication Merit Badge Clinic|org=Pathway to Adventure Council - BSA|date=June 4, 2019}}</ref>

In 2016 and 2017, Lothian served as the co-chair of the LaSalle Trading Tech Awards program. Lothian is the creator of the Trading Tech 300 merit badge workshop program for Pathway to Adventures Council of the Boy Scouts of America.

In 2018, Lothian was awarded the Silver Beaver Award by the Pathway to Adventure Council of the Boy Scouts.

At the 2007 [[Futures Industry Association]] EXPO in Chicago, Lothian was the target of 18 pies thrown at him for a fundraiser for Boy Scouts.

==Pictures==

{{Key People10 |name1=AYSO Referee|position1=AYSO Region 399 Referee|image1=JohnAysoRef-small.jpg|name2=John in a Kilt for the Futures for Kids Gala in London|position2=IDX 2011|image2=JohninKiltatFFKGala.jpg{{!}}250px|name3=John before FIA Expo Pie Throwing|position3=2007 Futures Industry Association EXPO| image3=JohnBeforePies.jpg{{!}}150px|name4=John is a good sport|position4=Cub Scout Pack 23, Elmhurst, IL|Cubmasters gets pies thrown at them for Cub Scout popcorn sales|image4=JohnTimPie.jpg|name5=John Lothian Rings Euronext Amersterdam Closing Bell|image5=May `2011 155.JPG|position5=Euronext Amsterdam|name6=John Moderates FOW Options Conference in Amersterdam|image6=May `2011 211.JPG|position6=FOW Options Conference|name7=Scoutmaster John Lothian and the late Bill Griswold at Camp Freeland Leslie|image7=IMG 9345.JPG|position7=BSA Camp Freeland Leslie||name8=John Lothian at Eurex's former headquarters|image8=IMG 0358.JPG|position8=Frankfurt|name9=John Lothian and Regina Thoele of the National Futures Association in Japan for FIA Asia 2008|image9=JohnRegina.JPG|position9=Tokyo, Japan|name10=John & Robert Lothian Camping in Sylvania Wilderness Area|image10=P1030981.JPG|position10=Crooked Lake, Sylvania Wilderness Area, Ottawa National Forest, Upper Penninsula of Michigan}}

== Contact Info ==
Email: [mailto:johnlothian@johnlothian.com johnlothian@johnlothian.com]

== External Links ==
*[http://www.johnlothian.com John J. Lothian & Company, Inc. Website]
*[http://www.johnlothian.com/news John Lothian News Website]
*[http://http://www.johnlothianproductions.com John Lothian Productions Website]
*[http://twitter.com/JohnLothian John Lothian on Twitter]
*[http://www.marketswikieducation MarketsWiki Education Website]
*[http://www.cryptomarketswiki.com CryptoMarketsWiki]

== References ==
<references />
| style="height:100px; width:100px; text-align:center;" |{{News}}
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[[Category:MarketsWiki Development Team]]
[[Category:Commodity Trading Advisors]]
[[Category:Introducing Brokers]]
[[Category:Journalists]]
[[Category:Futures Brokers]]
[[Category:Price Futures Group]]
[[Category:John J. Lothian Managed Futures LLC]]
[[Category:John J. Lothian & Company, Inc.]]
[[Category:John Lothian News]]
[[Category:John Lothian Productions]]
[[Category:First American Discount Corporation]]
[[Category:The IFM]]
[[Category:The IFM Board of Trustees - Former Members]]
[[Category: CEOs]]
[[Category:Knight Ridder]]
[[Category:Gerald, Inc.]]