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Category Archives: Options

Options news updates from John Lothian News.

Options on ETFs Are Too Big to Ignore; Trump-triggered trading bonanza looks set to continue; Demand for Disaster Protection Increases as CBOE SKEW Index Hits a Six-Month High Standard

Observations & Insight Hungry for more: Dash Financial Sees Opportunity In A New Broker Landscape Jim Kharouf – JLN For some firms today, being young has its advantages. Dash Financial might just be one of those young and agile companies that can take advantage of the currents that are pushing and pulling the industry. jlne.ws/2iC5W4m ****SD: In case you missed it yesterday. Lead Stories Options on ETFs Are Too Big to Ignore Mary Savoie, Executive Director, OIC – OCC Some facts are too big to ignore and some trends too dramatic to dismiss. When you look at the growth of…

Record Equity Investor Calm Means It’s Cheap to Hedge Trump Risk; Thesys to run massive U.S. securities markets trade depository; CBOE Holdings Stockholders Approve Share Issuance In Bats Merger Standard

Observations & Insight Hungry for more: Dash Financial Sees Opportunity In A New Broker Landscape Jim Kharouf – JLN For some firms today, being young has its advantages. Dash Financial might just be one of those young and agile companies that can take advantage of the currents that are pushing and pulling the industry. Later this quarter Dash is expected to complete its acquisition of LiquidPoint, Convergex’s options brokerage and technology business, thus giving the combined firm 13 percent of the equity options and index options market volume. That’s more than double the current marketshare Dash Financial has quickly built…

Hungry for more: Dash Financial Sees Opportunity In A New Broker Landscape Standard

For some firms today, being young has its advantages. Dash Financial might just be one of those young and agile companies that can take advantage of the currents that are pushing and pulling the industry. Later this quarter Dash is expected to complete its acquisition of LiquidPoint, Convergex’s options brokerage and technology business, thus giving the combined firm 13 percent of the equity options and index options market volume. That’s more than double the current marketshare Dash Financial has quickly built since it launched in 2011. Peter Maragos, CEO of Dash (soon to be renamed Dash Financial Technologies), said the…

Sterling Options Signal More Turmoil; Another Year of Positive Momentum for OCC; Will Donald Trump Break the VIX? Standard

Lead Stories Sterling Options Signal More Turmoil David Goodman and Masaki Kondo – Bloomberg Pound slides toward 31-year low after ‘hard Brexit’ report; Supreme court ruling could trigger ‘violent’ rally, BTMU says A measure of anticipated swings for the pound climbed to the highest in three months before U.K. Prime Minister Theresa May’s speech on Brexit plans Tuesday and a court ruling this month on whether the British leader or Parliament carries the power to invoke the exit. jlne.ws/2ixV9s9 ****SD: I found this quote from Mark Carney (link to Reuters article) over the weekend hilarious – “The best I can…

Investors are bracing for a massive stock-market selloff; No single factor behind sterling flash crash, BIS says; VIX Watch – Markets Not Prepared For US-China Trade War Standard

Lead Stories Investors are bracing for a massive stock-market selloff Joseph Adinolfi – MarketWatch If options traders are correct, stocks are in for a wild ride in February. Demand for one-month call options tied to the CBOE Volatility Index, a popular gauge of stock-market volatility, has spiked in the past week, a sign that some are bracing for a sharp downturn following the inauguration of President-elect Donald Trump. jlne.ws/2jglzNX ****SD: Happy Friday the 13th everybody! No single factor behind sterling flash crash, BIS says BBC October’s flash crash in sterling was caused by several factors – including the time of…

Hints of Fear in Bank Stock Options Ahead of Earnings; Chicago’s vast exchanges have got their eyes on retail FX customers; Maker-Taker Needs To Go Standard

Lead Stories Hints of Fear in Bank Stock Options Ahead of Earnings Gunjan Banerji – WSJ As earnings season kicks off this week, the options market is signaling that a pause may be looming for the euphoric rally in bank stocks. Since mid-December, investors have boosted the number of bearish options on financial shares at a faster pace than for bullish contracts—a reversal from the weeks immediately after the U.S. election. jlne.ws/2iktztv ****SD: Well, there are higher expectations to beat, right? Successes already baked in, etc. Chicago’s vast exchanges have got their eyes on retail FX customers Andrew Saks-McLeod –…

Tabb Options Liquidity Matrix; Cliff Asness on equity volatility; The tasty nation adds an entree, tastyworks Standard

Lead Stories US Options Volume Falls in December TABB Forum US listed options volume declined in December as traders pulled back after an active November propelled by the surprise election of Donald Trump. Volume totaled 327.5 million contracts in December 2016, a 14.5% decline from November’s 383.2 million contracts. jlne.ws/15F92GM Cliff Asness – 2016 Beyond Equities: Still Boring ValueWalk Writing my post titled “2016 Was Not a Particularly Volatile Year” on realized risk/variability turned out to be even more fun than usual as I got a lot of great comments on it. Of course, some didn’t buy it. Some said…

NYSE MKT stock exchange to end floor trading -regulatory filing; Rising Currency Volatility Keeps Stock-Watchers on Edge; Here’s how much ETFs are dominating on the trading floor Standard

Observations & Insight The tasty nation adds an entree, tastyworks: Tom Sosnoff and the tastytrade crew are “going to murder passive investing” Spencer Doar – JLN Editor’s note: This story contains language that some readers might find offensive. Also, the subject matter contains a plethora of non-capitalized proper nouns, which are the actual names of the firms. The team behind retail brokerage thinkorswim, and more recently the financial news network tastytrade, is once again hoping to take the retail broking industry by storm with the opening of their new brokerage, tastyworks. Launched on January 3, the low-commission offering is the…

The tasty nation adds an entree, tastyworks: Tom Sosnoff and the tastytrade crew are “going to murder passive investing” Standard

Editor’s note: This story contains language that some readers might find offensive. Also, the subject matter contains a plethora of non-capitalized proper nouns, which are the actual names of the firms. The team behind retail brokerage thinkorswim, and more recently the financial news network tastytrade, is once again hoping to take the retail broking industry by storm with the opening of their new brokerage, tastyworks. Launched on January 3, the low-commission offering is the next logical step in fulfilling the goals the group has had since thinkorswim was founded 17 years ago, despite the fact that the plan “was never…