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Author Archives: Spencer Doar

About Author

Graduate of University of Minnesota School of Journalism and Mass Communication

‘Speed Bumps’ Help Protect Investors – Study; Central Banking Action Standard

First Read Hits & Takes JLN Staff The last week of June is going to be busy. First, on June 25 I will be teaching the journalism and communications merit badges in Chicago as part of the Trading Tech 300 program, now branded under the bigger brand of Scout Tech. Then on Tuesday, June 26 I fly to New York for meetings and to be ready for the Crypto Evolved event on Wednesday, June 27 at the New York Athletic Club. My friends from Viable Markets have been gracious enough to ask me to moderate a panel on Silicon Valley…

Shortwave trading; Robinhood’s $2b a day options biz; Mammoth bond wager Standard

Observations & Insight A little-known business at Robinhood has exploded, and now it’s launching a service to go after the most serious traders Frank Chaparro – Business Insider Prime (SUBSCRIPTION) Robinhood’s options-trading business is exploding, according to Chris O’Neil, a product manager at the California broker. Now the firm, which says it has seen $2 billion in options-trading volumes since launch, is upping the ante with the rollout of multileg options. The move shows the company is seriously going after the business of more experienced traders, says Devin Ryan, an analyst at JMP Securities /goo.gl/C2CX83 ****SD: First of all, not…

CME’s Options Electronification Boom and Global Participation Standard

CME Group’s deal to acquire NEX and become a Treasury behemoth grabbed recent headlines, overshadowing the fact that the exchange group’s options franchise has been growing like gangbusters on the screen and globally.  Recent records – there are a slew – are no happy accident.  In this video, Derek Sammann, ‎CME’s senior managing director, global head of commodities and options products, covers the catalysts behind this multi-year growth story.     Produced by Mike Forrester Interview by Spencer Doar

Gary Katz Reflects On His Career and “Active” Retirement Standard

At the 36th annual Options Industry Conference (OIC) in Amelia Island, Fla., Gary Katz was honored with the Joseph W. Sullivan Award. His time running the first all electronic options exchange, the ISE, might be over, but Katz is still a busy man, considering himself in a period of “active” retirement. In this video he talks about his career influences and the endeavors that currently occupy his time, including developing a new line of snack foods. Produced by Mike Forrester Interview by Spencer Doar

VIX Lawsuit; Volumes; Dash Video Standard

Observations & Insight Dash CEO on Buy-Out and SEC Fee Pilot JohnLothianNews.com In March, Dash Financial Technologies co-founders Peter Maragos and David Karat, in partnership with the private equity firm Flexpoint Ford, acquired Dash in a management-led buyout. In this video, Dash CEO Maragos describes the thought process behind the buyout, the outlook for the firm’s equities and options businesses, and issues with the SEC’s proposed fee pilot. Watch the video here » ++++++ Friday’s Miscellany President Trump teased the jobs report in the early morning, tweeting: “Looking forward to seeing the employment numbers at 8:30 this morning.” Princeton Economics…

Dash CEO on Buy-Out and SEC Fee Pilot Standard

In March, Dash Financial Technologies co-founders Peter Maragos and David Karat, in partnership with private equity firm Flexpoint Ford, acquired Dash in a management led buyout.  In this video, Dash CEO Maragos describes the thought process behind the buyout, the outlook for the firm’s equities and options businesses, and the issues with the SEC’s proposed fee pilot.    Produced by Mike Forrester Interview by Spencer Doar 

No rejoicing yet over Volcker ; Options liquidity concerns Standard

Observations & Insight Vela’s Plans Post-Acquisitions JohnLothianNews.com In this video from the 36th annual Options Industry Conference (OIC) in Amelia Island, Fla., Vela CEO Jennifer Nayar talks about where the company sees opportunity after its acquisition of OptionsCity and Object Trading in the summer of 2017. Watch the video here » ****SD: Other Vela news this week – Alexandria McGrath of Vela recognized as a Rising Star; CEO Jen Nayar also named Woman of the Year by Markets Media Lead Stories Why Wall Street Traders Aren’t Rejoicing (Yet) Over Volcker Rule Yalman Onaran – Bloomberg Wall Street has long derided…

Volcker Rule expectations tempered; Cboe’s VIX volume problems Standard

Observations & Insight Volatility Views 306: Setting Things Straight on VIX Manipulation (AUDIO) The Options Insider Today’s guest is Tom Lee, Managing Director at Investment Strategy and Research at Parametric. bit.ly/2LLhJsa ****SD: Skip to the ~7 minute mark for the start of VIX settlement talk. Main points: 1) lots of participants in VIX futures don’t hold through settlement “messiness” (as Lee calls it), 2) this pertains to a very small window of time and should not be viewed as an indictment of the overall VIX complex or its underlying SPX options and 3) Mark Sebastian said the Cboe should think…