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Category Archives: Options

Options news updates from John Lothian News.

Five Minutes with Dax Rodriguez Standard

Dax Rodriguez

Dax Rodriguez is an industry veteran involved in a new venture with Livevol, an options analytics platform. After acing an AP Economics report on options in high school, he went on to work with market data at the Chicago Board of Trade, re-launched the futures business at E*Trade and opened a Chicago office for Ballista Securities. He sat down with JLN’s Jessica Titlebaum to discuss how he got his start in the capital markets, who his mentors were and how networking got him to where he is today. Q. Where are you from? A. I was born in the Philippines…

Five Minutes with Rex Jones Standard

Rex Jones is the product manager in German interest rate options at Eurex. JLN Options Newsletter editor Sarah Rudolph spoke with him about the recent launch of options on the VSTOXX index and what’s next for the exchange’s volatility and variance products. (“The VSTOXX Index is based on EURO STOXX 50 realtime options prices and is designed to reflect the market expectations of near-term volatility by measuring the square root of the implied variance across all options of a given time to expiration.” – STOXX web site) Q: When did Eurex launch options on the VSTOXX index? A: We launched…

Five Minutes With Gary Katz Standard

Gary Katz is president and CEO of the International Securities Exchange (ISE), this year’s host of the Options Industry Conference in Phoenix, Arizona. The interview was conducted two days before the conference by Sarah Rudolph. Q: As the 28th annual Options Industry Conference gets underway in Phoenix, there are a number of important issues facing the industry, including some potentially big regulatory changes. ISE is hosting the conference this year. What do you expect will be the hot topics at the conference? A: We’re very excited about the conference; I think we’re close to the record for attendees…more than 500…

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…