Ashburn, a 20-plus year veteran of the Chicago financial markets, joined JJLCO in 2011 to serve as a lead project manager for MarketsReformWiki, a database specifically dedicated to tracking and archiving of all information related to regulatory reform in the U.S., Europe and Asia. He was named editor-at-large later that year, and in 2014 added vice president, business development to his title.
As COO, Ashburn oversees the day-to-day operations of JJLCO's business units, including John Lothian News, John Lothian Productions and MarketsWiki Education. He also continues to lead the company's sales and business development efforts. As editor-at-large, he continues to lead MarketsReformWiki, and he also provides original content and editorial support for the JLN Managed Futures Newsletter and other John Lothian News properties.
In 2012 and 2013, he served as editor of Intelligent Risk, a quarterly publication of PRMIA, the Professional Risk Managers' International Association.
Ashburn has been a derivatives trader in Chicago since the early 1990s. He joined proprietary trading group Cooper, Neff & Associates in 1989, and soon after began trading grain options on the Chicago Board of Trade. When Mitsui Trust Bank purchased Cooper Neff's foreign exchange derivatives operation the following year, he joined the FX team and was assigned to the over-the-counter desk before becoming a floor trader on the Chicago Mercantile Exchange.
He left the bank in 1992 to join Chicago Options Associates,a proprietary trading group and finance company. Over the subsequent 20 years, he was a partner in a number of small- and mid-tier trading groups, and also traded as an independent forex market maker. In 2006, he earned the Chartered Alternative Investment Analyst designation from the CAIA Association. He is also a member of the Professional Risk Managers' International Association (PRMIA), as well as the Futures Industry Association Operations Americas division.
Douglas A. Ashburn - NFA ID 0231023
MarketsWiki Education The Financial Industry, a Novel Idea - World Of Opportunity - Chicago 2013
“There’s plenty of room to grow from here; there are lots of opportunities for people to actually still write these rules and also people who can innovate. We need innovators..”~Doug Ashburn
It was the best of times, it was the worst of times. For the financial industry, the implementation of Dodd-Frank would become a game changer. Doug Ashburn of John J. Lothian & Company gives an abridged history of the financial industry and touches on how regulation has impacted the global markets. Ashburn gives insight on the effects new regulation may have on the upcoming generation of business professionals, and encourages students that the industry is not just for those with business or finance degrees. Keeping with his literary theme, Ashburn concludes by saying that there are still many chapters left to be written, and there is plenty of room for more voices.
A Selection of Publications
Ashburn can be reached via e-mail at firstname.lastname@example.org.
JLN News Feed
JLN Financials: If the Options Market Is Right, China’s Stock Rescue Is Doomed; The Hedge That Wasn’t: How $150 Billion of Mystery Bonds Flailed; China reporter confesses to stoking market ‘panic and disorder’
Environmental Energy: UN Said to Summon Leaders to Closed-Door Climate Change Meeting; Climate negotiators urged to up pace at Bonn session; Obama’s Alaska Visit Puts Climate, Not Energy, in Forefront.
JLN Options: If the Options Market Is Right, China’s Stock Rescue Is Doomed; Goldman Sachs Thinks This Volatility Index Should Be Much Lower; 30-Minute VIX Frenzy Exposes Obsession With Volatility Hedging
John Lothian Newsletter: ETF providers question US trading limit rules; China Brokers Tumble as Citic Staff Detained, Rescue Costs Grow; BNY Mellon ETF Bug Could Still Sting
What We're Reading
Deutsche Börse receives full regulatory approval from Monetary Authority of Singapore for its clearing house