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Tag Archives: Apple

Dan Day-Robinson, Chairman, Swiss Futures and Options Association – Embracing Change Financials,video

“…While some may see them as the crazy ones, we see genius. Because the people who are crazy enough to think they can change the world, are the ones who do. – Rob Siltanen, the creative genius behind Apple’s “Think Different” campaign” Dan Day-Robinson will be the first to tell you he has a flair for the dramatic. As a former market maker, investment banker and now head of a trade association, he has hundreds of stories, and he knows how to tell them. He takes us on a rollicking tour through his years in the financial world, including his…

Patrick Thornton-Smith: Innovation – Cars and Fintech Blog,Commentary,Tech / HFT

The recent ‘Thompson Reuters 100 Global Innovators Study’ made some interesting reading. It made me think about how innovation principles from some seemingly unrelated businesses are interrelated, such as cars and fintech. Of the 100 firms in the Survey, 10 were from the automotive industry and I considered three background themes that supported the innovation claim. The first was around patents. No real surprise there as patents can turn great ideas into commercial successes. Look at the technological advances in hybrid and full electric power cars like Tesla that, initially, dominated the patent space in the sector. The floor to…

Peter Borish, The Quad Group – Trading Traps: Too Many to Count Video

“You have to have the complete and utmost confidence in yourself if you’re going to trade and take risk. It doesn’t mean that you have to be right.”   What do subway cars, Derek Jeter, a movie theater and the Titanic have in common?  Peter Borish, chief strategist with Quad Group, has a way with analogies.  It takes such comparisons to help explain trading, a “humanly uncharacteristic” action, according to Borish.  It’s a fight with your gut and an exercise in taking all the lumps that come your way.  Borish breaks down the struggle in this video.

John Lothian Newsletter: Banks prepare to sell down stakes in data provider Markit; Nasdaq NLX pays off founding members; Guy Who Did Avon Hoax Was Terrible at Hoaxes John Lothian Newsletter,Newsletter

First Read JLN Heads to London JLN Staff Jim Kharouf is off to London today, and John Lothian, Doug Ashburn and intern Colin Ashburn head there on Saturday night. This is gearing up to be a great conference. Much of the industry conversation has moved to Europe, as evidenced by today’s newsletter. Big changes at NLX, an overhaul of all things regulatory as the industry prepares for MiFID II, and the lingering cross-border disputes are but a few of the stories making headlines today and on the docket for IDX We will see if John’s newly partially replaced right shoulder…

JLN Options: CBOE Reopens After Malfunction Shuts Options Exchange Newsletter,Options

Lead Stories CBOE Reopens After Malfunction Shuts Options ExchangeNikolaj Gammeltoft, Nina Mehta & Lu Wang, BloombergThe Chicago Board Options Exchange opened for trading three-and-a-half hours late today after a software malfunction shut the derivatives market as its top executives were away at an industry event in Las Vegas.http://jlne.ws/14T3jyj CBOE Holdings Statement on Today’s Trading Issue Press Release (CBOE – full text)CHICAGO, IL, April 25, 2013 — CBOE Holdings, Inc. (NASDAQ: CBOE) statement regarding this morning’s trading issue: This morning, a system issue delayed the opening of options trading at Chicago Board Options Exchange (CBOE) from 8:30 a.m. until 11:50 a.m….

JLN Options: Options Week in Review Newsletter,Options

ETFs on volatility were big news this week. Brendan Conway reported in Barron’s that a couple of relatively new low volatility ETFs are getting bigger returns than the S&P 500, which hit a record high on Thursday. The most widely-owned fund, PowerShares S&P 500 Low Volatility Portfolio (SPLV), got over $790 million from investors this year, according to research firm XTF. The No. 2 fund, iShares MSCI USA Minimum Volatility Index Fund (USMV), received $1.7 billion in new money. The funds entered Thursday’s session up by 12.1% and 12.5% respectively.  In an earlier article, Conway pointed out that Nikolaj Gammeltoft…

JLN Options: Apple investors pay more for downside bets Newsletter,Options

Lead Stories Apple investors pay more for downside betsDoris Frankel, ReutersThe steady slide in longtime market darling Apple Inc has brought in options investors willing to pay more for bearish bets than at any time in the last four years.http://jlne.ws/105nSQQ The Supreme Myth of the Risk of Options DebunkedJohn Critchley, The Options InsiderI was recently talking to a very well educated corporate lawyer who is the father of my daughter’s basketball teammate and the conversation turned to investments.  I told him what I did and that my passion was options.  The reaction “Oh My, Options they are too risky for…

JLN Options: Options Traders Pile On After Apple Decline Newsletter,Options

Lead Stories Options Traders Pile On After Apple DeclineAlexandra Scaggs, The Wall Street JournalOptions traders piled on to the selloff in Apple Inc. on Wednesday morning, and trading indicates they see more big swings ahead.http://jlne.ws/UpUoL6 Futures merchants must adapt to survive, TABBRichard Henderson, The TradeFutures commission merchants (FCMs) must provide new services and improved capital management to mitigate lower volumes and new rules, while 15% may quit the business, according to new research.http://jlne.ws/QKmbb2** Here is the press release from TABB on this subject: http://jlne.ws/SAVx2M –JB The ‘Fiscal Cliff’ a ‘Bungee Jump’ for Markets: ExpertJean Chua, CNBCAs the prospect of the…

JLN Options: Flight From Risk Extends Beyond Apple Newsletter,Options

Lead Stories Flight From Risk Extends Beyond AppleRandall W. Forsyth, Barron’sOnly buy stocks that go up. If they don’t go up, don’t buy them. That was the investment advice offered by the late humorist Will Rogers, and it seems to be followed by investors as much as ever.That has led them to flock to Apple (ticker: AAPL) at its peak of $705.07 a share in September and to flee the stock en masse as it dropped to a six-month low Thursday of $525.62. As of this writing, it fell another $11.14, or 2.1%, to a recent $514.48.http://jlne.ws/TIdnxQ*** “Apple’s market capitalization…