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Category Archives: Options

Options news updates from John Lothian News.

Five Minutes with Philip Gocke Standard

Philip Gocke is managing director of institutional education for the Options Industry Council. In that role, he develops and implements research and education for institutional investors to help them understand how they might best use options. He is also president of Brite Sky LLC, the personal options trading firm he founded and runs from Philadelphia. He spoke with JLN Options editor Sarah Rudolph about his start in the business, high frequency trading and good books. Q: How did you begin your career in options? A: I was at the Federal Reserve and when left I joined Bank of America and…

An Interview with Philip Gocke Standard

Philip Gocke is managing director of institutional education for the Options Industry Council. In that role, he develops and implements research and education for institutional investors to help them understand how they might best use options. He is also president of Brite Sky LLC, the personal options trading firm he founded and runs from Philadelphia.  He is interviewed by Sarah Rudolph.SR:  How did you begin your career in options?PG: I was at the Federal Reserve and when left I joined Bank of America and ran their advisory service for corporations that traded foreign currencies. I was transferred to their world…

An Interview with Darrin Machay, Architect at YJT Solutions Standard

Darrin Machay, Architect at YJT Solutions, a Chicago-based technology consulting firm, recently spoke with Sarah Rudolph about some of the biggest technology challenges facing the options industry.SR: How long have you been at YJT? Machay: I’ve been at YJT over a year now. I remember the day I started here, September 15, 2008, because the markets had started going crazy — my first week here. I witnessed firsthand the intense, immediate response level to our clients, and it was pretty impressive. SR: What brought you to YJT? Machay: I wanted to get into a firm where I’d be working on…

An Interview with Tony McCormick, CEO of BOX Standard

Tony McCormick took over as head of the Boston Options Exchange (BOX) in October as the exchange decided to revamp its model to focus on retail rather than institutional trade and to abandon the maker-taker model. He came to BOX with many years of experience in the options industry, having been vice president of equity options at Charles Schwab for 11 years as well as serving on the boards of the Chicago Mercantile Exchange, the Chicago Stock Exchange and the Chicago Board Options Exchange. He spoke with Sarah Rudolph about some of the issues facing BOX and the options business….

Five Minutes with Mike Bickford Standard

Mike Bickford

Mike Bickford retired as senior vice president, options at the American Stock Exchange (Amex) last October. He is currently pursuing new challenges in the securities industry. Bickford has been in the financial services industry for 30 years and spoke with JLN’s Jim Kharouf about his career, the options markets, ETFs and one of his outside interests, baseball. Q: How did you get your start in the financial markets? A: I started out as retail broker for Dean Witter in 1978. I had an undistinguished and short career in October of 1978 as the market went from 800 to 700 on…

Five Minutes with Will Easley Standard

Will Easley

Will Easley is managing director of Boston Options Exchange (BOX), which hosted the Options Industry Conference (OIC) last week in Weston, Fla. Easley joined the exchange as project manager in September 2001 and took the reins at the exchange as vice chairman last year. MarketsWiki’s Jim Kharouf spoke with Easley about the challenge of putting together a conference in the current market environment, where BOX is going next and where to eat in Paris. Q: So you’ve hosted your first OIC and the conference had slightly over 400 attendees. How did it go, planning for such an event in the…

Five Minutes with Rob Newhouse (April 2009) Standard

Rob Newhouse

Robert Newhouse co-founded Ballista Securities in 2007 as a block trading facility for the equity options market. The company received Financial Industry Regulatory Authority (FINRA) approval as a broker/dealer in August 2008 and live trading on the Ballista ATS platform began on Oct. 28, 2008. Newhouse spoke with MarketsWiki editor-in-chief Jim Kharouf about the company, block trading and where the Ballista name came from. Also see: Five Minutes with Rob Newhouse (July 2012) Q: How did you get started in the business? A: When I was 14 and in high school, my dad helped me get a job as a…

Five Minutes with Paul Meier Standard

Paul Meier

Paul Meier is the chairman of the Swiss Futures and Options Association (SFOA). He joined the board of SFOA in 1997 and became its chairman in 2001. Meier, now 62, will officially retire in April from his position as a director of UBS Investment Bank in Zurich, where he’s worked in management and education in the exchange-traded derivatives area since 1985. He will continue in his position at the SFOA. He spoke recently with MarketsWiki’s Christine Marie Nielsen and shared some thoughts about his life and career path. Q: You’ve been with UBS since 1985. How do you plan to…

Five Minutes with Dan Keegan Standard

Dan Keegan

Keegan, who started in the options business in 1978, is an options instructor and head options mentor at The Chicago School of Trading. He co-founded the school with Bill Gruzynski, who teaches students about futures trading. Keegan is also a guest lecturer at Marquette University and a graduate of the school. Q: How did you get started in the options business? A: I worked for Dunn & Bradstreet as a business analyst and it really didn’t do much for me. I didn’t grow up in Chicago and hadn’t heard anything about the exchanges. When I heard about it from friends,…