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Tag Archives: BOX

Shortwave trading; “Quitaly” update; Warning bells Newsletter,Options

Observations & Insight OCC 2017 Interactive Annual Report OCC On behalf of the Board of Directors and my fellow colleagues at OCC, I am pleased to share with you our 2017 annual report. Over the past year, the team achieved a number of key milestones that position OCC for continued resiliency, innovation and growth while strengthening our role as an industry leader and market influencer. /goo.gl/9USqKf ****SD: I like the multi-media aspect of this report – videos with Walt Lukken, Bill Brodsky and more are included. Some numbers – $78.7 million refunded to clearing members; $15.2 billion held in clearing…

Can tZERO and BOX Digital Markets change the face of capital markets? Blockchain,Blog,CryptoMarkets,Feature

It would not be an understatement to say that Patrick Byrne thinks big – really big – like a quadrillion dollar market. The Overstock founder and CEO has been building the firm’s tZERO subsidiary, a distributed ledger platform, since 2016 in an attempt to disrupt today’s capital market structure. Last week’s announced deal with BOX Digital Markets, a sister company to BOX Options Exchange, to create a Securities and Exchange Commission regulated market that lists and trades security tokens may do just that. The partnership could dramatically change how capital is raised across multiple asset classes and kickstart the clear…

Sweeping Overhaul of Bank Rules Clears U.S. House John Lothian Newsletter,Newsletter

sweep

First Read Hits & Takes JLN Staff A follow up to our top read article yesterday: A story in the Mid Sussex Times on the death of HSBC’s Cian Burke reported that he died after a collision with a tractor near Splayne’s Green in the UK, while riding with his son Tom and a friend.~JK The Executives Club of Chicago event “Bitcoin Boom: Defining Chicago’s role in the Cryptocurrency Market event” on Tuesday featured Sunil Cutinho, president of CME Clearing, who said blockchain will not be the clearing disruptor some believe. He said real time settlement on the blockchain may…

Citadel ups its game; BOX and tZERO plan token exchange Newsletter,Options

Observations & Insight The Options Industry Leader Series 2018 – Cboe’s Andy Lowenthal Brought to you by the OCC In this video from the 36th annual Options Industry Conference (OIC) in Amelia Island, Fla., Andy Lowenthal, Cboe executive vice president and co-head of markets, talks about transitioning Cboe’s exchanges to Bats technology, the plan for more crypto offerings, and bringing the industry together to focus on market structure issues. Watch the video here » Lead Stories Exclusive: Citadel Securities ups ETF game as part of growth push John McCrank – Reuters Citadel Securities LLC has entered the lead market making…

The Options Industry Leader Series 2018 – BOX’s Ed Boyle Feature,Video,video

In this video from the 36th annual Options Industry Conference (OIC) in Amelia Island, Fla., Ed Boyle, CEO of BOX, talks about constraints placed on the market making community, forward-starting daily options and options market structure.    Produced by Mike Forrester Interview by Spencer Doar

Top Options Stories of 2017 Countdown Feature,Video,video

Correction: SROs did NOT begin reporting to the Consolidated Audit Trail in November – the deadline for implementation was indeed delayed.  For a CAT update, see our January 2018 video with Thesys CAT Chief Compliance Officer Shane Swanson.  Listicles are occasionally the butt of jokes – Buzzfeed knows – but what about listideos? With 2017 in the bag, we at JLN thought we’d recap the year in options with a list of the big stories and trends – and there were a number. Below are links to stories referenced in the countdown. When a theme is addressed, the linked story…

Shorting the VIX Could Be Terrible; Financials Bulls Tested; LCH plans G10 NDFs, options Newsletter,Options

Lead Stories Why Shorting the VIX Could Be a Terrible Idea Jared Dillian – Equities.com The New York Times’ DealBook had a great piece of journalism a couple of days ago about short VIX carry monkeys. Well, that is what I call them. The article features a former Target logistics manager who has goosed his net worth up to $12 million by betting that the VIX will go down. He is in the process of raising $100 million for a VIX-smashing hedge fund. /goo.gl/ngccN3 ****SD: Dillian – “If this really does blow up, there is going to be some soul-searching…

VIX pioneer Dan Galai interview; Betting on risk is risky; FX Options Update Newsletter,Options

Lead Stories A pioneer of the VIX says the market is looking at volatility all wrong; VIX pioneer Dan Galai interview Joe Ciolli – Business Insider Stock market volatility — or the lack thereof — has been a hot-button topic on Wall Street of late. jlne.ws/2eM2u3f The VIX, VXX, SVXY, and volatility-linked ETFs: Betting on risk is risky Allison Schrager – Quartz No risk, no reward. That maxim has suffered recently, as the stock market has rewarded investors with steady returns amid historically low volatility. Traders looking to beat the market have fewer options in such placid conditions, so some…

BOX Trading Floor Launches; Why Options ETFs Are Gaining Traction Newsletter,Options

Lead Stories BOX Trading Floor Launches PR Newswire BOX Options Exchange, an innovator in market structure and client services, is pleased to announce the launch of BOX’s new trading floor today. /goo.gl/EkJW7z Why Options ETFs Are Gaining Traction Sumit Roy – ETF.com Options strategies aren’t used very often in the exchange-traded fund world. There are only nine ETFs that regularly use options, with total assets under management of a combined $800 million—small potatoes in the $3 trillion ETF industry. But that could be changing. Strong inflows into one options-linked ETF this year suggests investors may be taking a closer look…