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Tag Archives: Chris Concannon

VIX Curve(ball); Bond Volatility; Concannon on the SEC and Trading Incentives JLN Options Newsletter,Newsletter,Options

Observations & Insight CFA Institute And FINRA Foundation Study Debunks Common Myths About Millennials And Investing FINRA Conventional wisdom paints a picture of millennials as aggressive, knowledgeable, and confident when it comes to investing, but a new research study sponsored by CFA Institute and the FINRA Investor Education Foundation debunks common assumptions about millennial investors. The research, titled “Uncertain Futures: 7 Myths About Millennials and Investing,” explores the attitudes and behaviors of millennials when it comes to finances and investing. /goo.gl/4x1yXL ****SD: Great study. Love this debunking as I never ever have heard any of my millennial cohorts express their…

Q&A with Cboe’s Chris Concannon; Crypto Startup LedgerX Eyes Ethereum Options JLN Options Newsletter,Newsletter,Options

Observations & Insight Wednesday Miscellany After topping 150 for a record 4 straight days, Cboe’s SKEW Index has simmered down a bit, closing yesterday at 137. That is still much higher than the average daily close (since 1990) of 119. A BloombergQuint piece notes that in the middle of a bunch of turmoil, volatility in Indian equities jumped 35 percent in September so far. OCC has a video out called “What we do” featuring Craig Donohue. Lead Stories Redefining the Derivatives Market: Q&A with Cboe’s Chris Concannon Russell Rhoads – Tabb VIX volumes are slowly building again after falling in…

The Spread – Week of 4/23 to 4/27 Video,video

Who likes TV show theme songs (especially older ones that still live on through syndication)? If you don’t, well, shame on you, but watch this week’s episode of The Spread anyway for some updates on happenings in the options world. The stories referenced can be found below:  -Bloomberg – Options Traders Pile Into $80 Oil Bets as Trump Wild Cards Mount -OCC – A Decade After the Financial Crisis, These Lessons Can’t Be Forgotten -Cboe – Letter from Cboe CEO Ed Tilly and President Chris Concannon regarding VIX activity -Press Release – Matrix Executions Announces the Creation of a High Touch Trading Desk for…

Cboe Letter on Improving VIX Settlement Process; Matrix Executions’ High Touch Trading Desk for Options Newsletter,Options

Lead Stories Letter from Cboe CEO Ed Tilly and President Chris Concannon regarding VIX activity Cboe Over the past 25 years, the Cboe Volatility Index (VIX) has become the leading, global indicator of market volatility for the marketplace. It could only achieve this status through the support of our Trading Permit Holders and their customers, other market participants, our clients and investors. /goo.gl/Jr95w3 ****SD: More on this from a couple of sources below, but if you want a TL;DR – Cboe is working to make the VIX settlement better but does not acknowledge any manipulation. A longer TL;DR – Cboe…

Ready to Follow Through – Chris Concannon, Cboe Feature,Mwiki,Video,video

CBOE and Bats officially became Cboe Global Markets in 2017, which meant much of the year was spent laying the foundations for further integration. Of course, there was also the under-the-radar launch of a crypto futures product, too. In this video from JLN’s annual series with industry leaders, Chris Concannon, Cboe’s President and COO, talks about complex order book functionality, the future of a crypto ecosystem at Cboe, how Cboe prepared for more technology migrations on its exchanges and more.

Don’t hate the game, hate the players; Volatility investors – once bitten but not shy; Vol funds worked – that’s the problem Newsletter,Options

Observations & Insight The VIX Can’t Cause Vol – Cboe’s View on Volatility ETPs Spencer Doar – JLN As volatility began to surge in February, and then exploded on the fifth of the month, exchange traded products (ETPs) that shorted or provided inverse exposure to VIX futures came under fire. The two most popular, Credit Suisse’s VelocityShares Daily Inverse VIX Short-Term exchange traded note (ETN), ticker XIV, and ProShares’ VIX Short VIX Short-Term Futures exchange traded fund (ETF), ticker SVXY, were the main focus, as they suffered huge losses. Trading in them was halted and then Credit Suisse announced it…

The VIX Can’t Cause Vol – Cboe’s View on Volatility ETPs Blog,Commentary,Feature

As volatility began to surge in February, and then exploded on the fifth of the month, exchange traded products (ETPs) that shorted or provided inverse exposure to VIX futures came under fire. The two most popular, Credit Suisse’s VelocityShares Daily Inverse VIX Short-Term exchange traded note (ETN), ticker XIV, and ProShares’ VIX Short VIX Short-Term Futures exchange traded fund (ETF), ticker SVXY, were the main focus, as they suffered huge losses. Trading in them was halted and then Credit Suisse announced it would liquidate its note. Those two products, more than any other, put intense scrutiny on such volatility products…

Surge in oil options trading; Belief in cryptocurrencies; FX vol collapsing Newsletter,Options

Lead Stories Oil Options Trading Surges After Funds Buy Into OPEC’s Rebalancing Alex Longley – Bloomberg Brent, WTI option volumes hit multi-month highs on Monday; Funds seen drawn by tightening oil market, Mideast tensions Options trading for crude oil this week jumped to the highest in five months as money managers backed OPEC’s effort to rebalance the oil market and as regional tensions flared in the Middle East. jlne.ws/2AqPTLV ****SD: More on the fund buy in from John Kemp of Reuters, who lays out more on the overall action in the petroleum realm, not just WTI and Brent. Saxo’s Ole…

‘False Peace’ for Markets? A Trader Is Betting Millions on It; CBOE’s Chris Concannon says bitcoin… Newsletter,Options

Observations & Insight October 16th MarketsWiki Education Intern Recruiting Event Chicago JLN Students who want to learn about the financial services field are invited to join us at our October 16th MarketsWiki Education Intern Recruiting Event Chicago, where financial services professionals will deliver informative presentations about careers, trends and opportunities in our global markets. This event also includes a new job fair for student internships in 2018. /goo.gl/050bAJ Lead Stories ‘False Peace’ for Markets? A Trader Is Betting Millions on It Landon Thomas Jr. – NY Times Last Wednesday was another good day to make money on Wall Street: Stocks…