Breaking News

Tag Archives: Call

OCC tech upgrade; Robinhood’s free options trading; 50 Cent’s losses Newsletter,Options

Lead Stories Tech Upgrade Commands CFO’s Focus; Amy Shelly of Options Clearing Corp. faces several challenges in replacing the organization’s outdated platform. David McCann – CFO Magazine The privately held financial-market utility that settles and clears transactions for all 15 U.S. option exchanges and 3 futures exchanges has a problem: Its technology is woefully outdated. / ****SD: Lots for OCC to consider: Roll it out piecemeal or all at once? Finance the project how? Buy or build? For more, see JLN’s piece earlier this year – Cloudy with clearing: What the next clearing house looks like ***SR: Amy Shelly is…

Henry Schwartz – Trade Alert Interview,Options,Tech / HFT,Video

Henry Schwartz is the President and Founder of Trade Alert, a real-time option flow analytics firm that serves Wall Street sell-side derivative desks, floor brokers, market makers, hedge funds, and proprietary trading firms. He previously worked at Banc of America Securities, where he was responsible for electronic market making on the start-up ISE. Trade Alert was founded in 2005. Schwartz spoke with JLN Options editor Sarah Rudolph about the OptionAlert analytics system, technology challenges for clients and firms, and fragmentation in the options markets.