Breaking News

Tag Archives: Chris Concannon

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…

VIX Owner Plots New Fear Gauge to Help Measure European Fright; Two Exchange Whizzes Try to Tackle CBOE’s Challenges; Dutch alternative derivatives platform TOM to be wound up Newsletter,Options

Observations & Insight JLN Exchange Leader Series 2017: SGX’s Syn Says Trade Barriers Mean Opportunities for Offshore Exchanges JohnLothianNews.com Singapore Exchange’s Michael Syn says that when economic barriers to open trade come down, offshore jurisdictions like SGX can benefit by showing their worth for hedging exposure. The “big three” Asian markets – India, Japan and China – taken together account for about 25 percent of world GDP and 40 percent of world population. But each is regulated very differently and therefore the elements of risk in those countries will not be proxies for each other, Syn said. Each will behave…

CBOE Joins S&P 500 Just After Completing BATS Acquisition; A Final Farewell from BATS’ Concannon; Vanishing Volatility Is No Obstacle for ETPs Betting on Stock Turmoil Newsletter,Options

CBOE

Lead Stories CBOE Joins S&P 500 Just After Completing BATS Acquisition Victor Golovtchenko – Finance Magnates CBOE Holdings, the holding company of the Chicago Board of Options Exchange, is on its way to join the S&P 500 stocks benchmark. The news comes just a day before the company is to complete its acquisition of BATS Global Markets. Commenting on the news, the CEO of the company Edward Tilly said: “We are honored to join ranks with other great blue chip companies listed in the S&P 500. This recognition highlights our company’s continued strong growth since going public in 2010 and…

Investors May Be Misjudging U.S. Election Volatility; CBOE-Bats tie-up seen as opportunity to reduce trading costs; Buy-Write Funds Don’t Have As Big An Impact As You May Think Newsletter,Options

Observations & Insight Bits & Pieces By Jim Kharouf Next week is one of the biggest weeks of the year for the industry, with FIA Expo in Chicago from October 18th (opening night) to October 20th. John Lothian News will be publishing two pieces in the coming days that we hope will serve as discussion points during the show and beyond. JLN Associate Editor Spencer Doar has put together a special news report on the growth of options on futures. That segment of the business has grown dramatically in recent years and may continue to be one of the growth…

JLN Options: Volatility no bar to cross-border mergers, says Goldman Sachs’ David Solomon; Dollar Falls on Yellen’s Rate Plans as Currency Volatility Drops; U.S. Options Buy-side Behavioral Responses to Shifting Liquidity Newsletter,Options

Observations & Insight Building Bricks: T-Bricks Could Be New Cornerstone For ORC JohnLothianNews.com Jonas Hansbo and his team left ORC in 2006 to focus on his own brand of trading and financial technology with a startup called T-Bricks. But Hansbo and his colleagues were brought back to the mothership in January when when ORC purchased T-Bricks. Now, Hansbo said the two firms will bring their respective strengths together. “ORC has been evolving since we left it, and very much focused on reinventing their electronic trading platform for connectivity and electronic execution,” Hansbo said. “So what we thought would be a…

John Lothian Newsletter: Markets play chicken with Fed over rates; BoE warns of ‘more intrusive’ regulation; Euronext brushes off concerns about EU wheat futures competition John Lothian Newsletter,Newsletter

First Read New Rules: NFA’s Dan Roth on Confirmations, Residual Interest and the Corzine Rule JohnLothianNews.com After the twin scandals of MF Global and Peregrine Financial rocked the futures industry in 2011 and 2012, the National Futures Association, underwent a review, not only of its internal procedures, but also of its rules. In Part Two of this two-part John Lothian News exclusive, NFA CEO Dan Roth summarizes the changes made to the agency’s rules to restore customer confidence. Watch the video » ++++ BATS Global Markets Names Chris Concannon CEO, Joe Ratterman becomes Chairman BATS BATS Global Markets (BATS), a…