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Author Archives: Spencer Doar

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Graduate of University of Minnesota School of Journalism and Mass Communication

The Spread – Week of 5/21 to 5/25 Standard

Reviews of “The Spread” are in! “You look better in blue.” -Host’s mom  “I guess I like it – I just don’t understand what you’re talking about.” -Old college friend “I prefer the book.” -Random millennial “It’s better than most other stuff.” -Biased observer Stories referenced in this week’s episode are:  -> CNBC – Goldman made a staggering $200 million in one day as markets plunged -> RCM Alternatives – LJM: The Autopsy -> Reuters – Citadel Securities ups ETF game as part of growth push -> Financial Times – US banks can now expect a streamlined Volcker rule 2.0 -> Reuters – Overstock.com…

Volcker Rule Revamp; Turkish FX Issues Standard

Observations & Insight The Options Industry Leader Series 2018 – MIAX’s Shelly Brown Brought to you by the OCC In this video from the 36th annual Options Industry Conference (OIC) in Amelia Island, Fla., Shelly Brown, MIAX executive vice president, strategic planning and operations, talks about launching MIAX Emerald, its new SPIKES volatility index, and MIAX’s equity ambitions. Watch the video here » ++++++ Happy Friday It is a bit of slow day for options news, it seems. As such, here’s a few of the stories from the week that caught our attention (and will likely show up in this…

Banks can expect a streamlined Volcker rule; Turkish lira plunge; Deutsche Bank error Standard

First Read Hits & Takes JLN Staff In every edition of JLN, there are instructions at the bottom of the newsletter on how to update your settings or unsubscribe. You are always welcome to hit reply on your email client and send us feedback.~JJL The fifth video in the Options Industry Leader Series, sponsored by OCC and OIC, is now posted. You can watch MIAX’s Shelly Brown below. MIAX is the next exchange to host the Options Industry Conference. In case you missed the series, the other four videos are with Nasdaq’s Kevin Kennedy, BOX’s Ed Boyle (we spoke before…

The Options Industry Leader Series 2018 – MIAX’s Shelly Brown Standard

In this video from the 36th annual Options Industry Conference (OIC) in Amelia Island, Fla., Shelly Brown, MIAX executive vice president, strategic planning and operations, talks about launching MIAX Emerald, its new SPIKES volatility index, and MIAX’s equity ambitions.   Produced by Mike Forrester Interview by Spencer Doar

Goldman Sachs desk’s huge Feb profit; Eurodollar options bet pays big Standard

Observations & Insight Trump cancels Kim summit amid North Korea ‘hostility’ BBC US President Donald Trump has cancelled a planned summit with North Korean leader Kim Jong-un. /goo.gl/MKxJQS ****SD: Bu-bu-but the White House already released the commemorative coin!?! ++++++ Options Exchange Landscape and Misc. Notes It’s time for another fun slide from Trade Alert President Henry Schwartz’s “State of the Industry” presentation at the Options Industry Conference. This slide lays out the pricing structure of the soon-to-be 16 options exchanges and those structures’ respective marketshare. MIAX’s Shelly Brown discusses that 16th options exchange, Emerald, in an Options Exchange Leader Series…

U.S. Launches Probe into Bitcoin Price Manipulation; Fed to consider Volcker Rule modification Standard

First Read Hits & Takes JLN Staff Word has it that Kraken is about to open an office in Chicago, following a move by Coinbase aimed at attracting institutional customers to their exchanges.~JK The tZERO and BOX Digital Markets deal announced Tuesday could completely disrupt the venture capital and capital raising space, Patrick Byrne, CEO of Overstock.com, the parent of tZERO, told me. More to come on that next week.~JK ALTSO’s Rocktoberfest London event is right around the corner – June 6.~SD A quick note on the Italian bond futures story yesterday, Italy Rout Wipes Five Billion Euros From Bond…

FX volatility hopes; $100 a Barrel Oil Wager Standard

Observations & Insight The Options Industry Leader Series 2018 – NYSE’s Ivan Brown Brought to you by the OCC In this video from the 36th annual Options Industry Conference (OIC) in Amelia Island, Fla., Ivan Brown, NYSE’s head of options, talks about launching options on the FANG+ index, implementing a complex price improvement auction mechanism, and the resiliency of U.S. options markets. Watch the video here » ****SD: See the press release in our “Exchanges” section for more on the FANG+ offering. ++++++ Italy Rout Wipes Five Billion Euros From Bond Futures Market James Hirai – Bloomberg The sell-off in…

The Options Industry Leader Series 2018 – NYSE’s Ivan Brown Standard

In this video from the 36th annual Options Industry Conference (OIC) in Amelia Island, Fla., Ivan Brown, NYSE’s head of options, talks about launching options on the FANG+ index, implementing a complex price improvement auction mechanism and the resiliency of the U.S. options markets.  Produced by Mike Forrester Interview by Spencer Doar    

Citadel ups its game; BOX and tZERO plan token exchange Standard

Observations & Insight The Options Industry Leader Series 2018 – Cboe’s Andy Lowenthal Brought to you by the OCC In this video from the 36th annual Options Industry Conference (OIC) in Amelia Island, Fla., Andy Lowenthal, Cboe executive vice president and co-head of markets, talks about transitioning Cboe’s exchanges to Bats technology, the plan for more crypto offerings, and bringing the industry together to focus on market structure issues. Watch the video here » Lead Stories Exclusive: Citadel Securities ups ETF game as part of growth push John McCrank – Reuters Citadel Securities LLC has entered the lead market making…