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Category Archives: Options

Options news updates from John Lothian News.

An Interview with Alan van Griethuysen, Business Head Benelux and Asia at NYSE Liffe Standard

An Interview with Alan van Griethuysen, Business Head Benelux and Asia at NYSE Liffe Alan van Griethuysen began his career at the European Options Exchange, which merged with the Amsterdam Stock Exchange in 1997. Griethuysen was Deputy Director of the derivatives market, responsible for the floor to screen migration of the Amsterdam options and futures products from 1998 to December 2002. After the merger that formed Euronext, he was promoted to Executive Director of derivative markets. The acquisition of LIFFE saw him appointed Executive Director of Sales in 2003, and when NYSE Euronext was created, he became responsible for strategic…

An Interview with Alex Jacobson, former VP of education at ISE Standard

An Interview with Alex Jacobson, former vice president of education at the ISE Alex Jacobson recently retired from the International Securities Exchange, where he was vice president of education. He is also an instructor with the Options Industry Council, and he was a founding member of the CBOE Options Institute. He spoke with Sarah Rudolph about the history of options education and the changes in the industry. (This is part one of a two part interview. Part two will appear in next week’s JLN Options Newsletter.) Part One: History Q: You have had a long career educating people about options….

An Interview with Jeffrey Wecker, President and CEO of Lime Brokerage Standard

Jeffrey Wecker is President and CEO of Lime Brokerage, which recently launched high-speed options execution to complement its high speed equities and futures trading. He spoke with Sarah Rudolph about the new options platform and the importance of high speed technology in the options marketplace. Q: How long have you been with Lime? A: Since November 2008. Q: Before the launch of its new high-speed options execution platform, did Lime trade options at all? A: No, this is a new product. We’ve pre-launched, so we’ve been trading the last two months, but we’ve been in an evaluation program, ironing out…

Five Minutes with Randy Frederick Standard

Randy Frederick, Director of Trading and Derivatives at Charles Schwab & Co., is the company’s options guru. He sat down with MarketsWiki’s Jessica Titlebaum to discuss his ascent into the options space, the difference between equity and options traders and why he is so passionate about this industry. Q. Did you have any mentors throughout your career? Greg Miller was someone I aspired to be like. He worked at Schwab when I was a broker and a manager in Indianapolis. He was the Options Guru, the guy that came around and taught everyone about options, and I was one of…

Five Minutes with Chris Nagy Standard

Chris Nagy is managing director, order routing sales and strategy for TD Ameritrade, focused on options. He will be one of the speakers on a panel on “Market Structure” at the 2010 Equity Options Conference in New York on October 5. He spoke with MarketsWiki’s Sarah Rudolph about his thoughts on proposed regulations, the importance of exchange fees, the “flash crash”, and what inspired him in choosing his career path. Q: The panel you are speaking on at the Equity Options Conference will focus on some regulatory issues facing the industry – including rules on flash orders, circuit breakers, sponsored…

An Interview with Ed Boyle, Executive VP NYSE Euronext Standard

Edward G. Boyle is executive vice president of NYSE Euronext, which operates the NYSE Arca and NYSE Amex options exchanges. He also represents NYSE Euronext on the board of directors of the Options Clearing Corporation. He spoke with Sarah Rudolph in advance of the 2010 New York Equity Options Conference on October 4th and 5th. Q: You are going to be one of the speakers on a panel at the FIA-OIC Conference in New York called “The Outlook for U.S. Equity Options Markets.” What are the most important subjects the panel is likely to touch on?A: The most important subject…

Five Minutes with Eric Noll Standard

Eric Noll

In July 2010, it was reported that NASDAQ OMX Options finished the month with a combined 25.88% U.S. equity options market share – the highest in the industry. NASDAQ’s Executive Vice President of Transaction Services, Eric Noll, sat down with JLN’s Jessica Titlebaum to discuss developments on their PHLX and NOM platforms as well as in the Options space and why he considers his new position at NASDAQ like a homecoming. Q. As Executive Vice President of Transaction Services at NASDAQ, what are some of your responsibilities? A. My responsibilities include what I call operating the day-to-day exchange platforms. I…

Interview: Brandy Patterson Standard

Brandy Patterson is managing director for NYSE Arca and NYSE Amex, the two options exchange arms of NYSE Euronext. She is in charge of electronic trading and client support for those exchanges. She spoke with Sarah Rudolph about the transition from floor to electronic trading, the challenges of running two electronic exchanges, and what’s ahead for Arca and Amex. Q: You started out on the floor of the Pacific Stock Exchange (now Arca) in 1998. What was your personal experience in making the transition from floor trading to electronic trading of options? A: I didn’t set out to get into…

Interview: Bud Haslett of CFA Institute Standard

Bud Haslett is head of Risk Management, Derivatives and Alternative Investments at CFA Institute, a global, not-for-profit association of investment professionals that awards the CFA and CIPM designations. Haslett joined CFA Institute in April of 2009. He was previously CEO of Miller Tabak Capital Management, where he provided option-based money management services. He spoke with Sarah Rudolph about options education, strategies, and expansion in Asia. Q: In your role at CFA Institute, how are you involved with options as a method of risk management?A: I spent 20 years as an options market maker, so I had a strong foundation in…