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Tag Archives: CME Group

Russell Suite Competition Ambiguity Raises Some Questions Americas,Blog,Commentary,Exchanges, OTC & Clearing,Investing & Trading,Mwiki

Exclusive. Non-exclusive. Exclusive. CME. ICE. CME again. The story of the Russell Index futures complex licensing over the years is a study in ambiguity, changing strategies and partners. We know the  will win this round as they currently hold the long term license for the products. But what will happen in the short term is ambiguous as these two global exchange giants square off and try to maintain control or pry loose the open interest in the Russell futures products. After ICE took over an exclusive Russell indexes licensing agreement from CME in 2007, CME returned the favor by recently…

CBOE to launch bitcoin future contracts; LedgerX Will Transform Cryptocurrencies; Traders are betting big on a stock market shock Newsletter,Options

Observations & Insight July 2017 Options Exchange Marketshare via OCC ****SD: In case you missed the OCC’s release yesterday about July cleared volume, you can find that here. ++++++ The Concept of Basis – Gregg Doud Education.MarketsWiki.com “The beauty of this industry is, I don’t care how much artificial intelligence or how many algorithms you use, you’re still going to have to have somebody that understands where stuff is supplied, where it comes from and where it goes and the trade flows associated with it.” In this video from MarketsWiki Education’s World of Opportunity event in New York, Gregg Doud,…

Indexers Push Back Against Wall Street; Virtu Is Said to Explore Sale of Fixed Income Unit BondPoint; Fledgling quant funds seek to disrupt Wall Street John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff John Lothian News and John Lothian Productions are teaming up for a value-laden offer to become a sponsor of MarketsWiki at the Friend level. A Friend Level sponsorship is normally $2000 and a 2-3 minute production video can cost from $2000 to $3500, depending on the inputs. For $3000 we will give you both a Friend Level sponsorship of MarketsWiki with 25 pages with your logo and banners on them and a 2 to 3 minute production video. If you are interested, please contact John Lothian.~JJL Do you like table tennis? Ping…

Options Traders Aren’t Sweating the Debt Ceiling; China Inc.’s Next Debt Headache Is $580 Billion of Put Options Coming Due; Banks relying on volatility resurgence to boost trading profits Newsletter,Options

Observations & Insight OCC Cleared Contract Volume Up Two Percent in July OCC OCC, the world’s largest equity derivatives clearing organization, announced today that cleared contract volume in July was 324,718,888 contracts, up two percent from the July 2016 volume of 317,045,566 contracts. OCC’s year-to-date average daily cleared contract volume is also up two percent with 17,045,133 contracts in 2017. jlne.ws/2wieijX Lead Stories Options Traders Aren’t Sweating the Debt Ceiling Chris Dieterich – WSJ The bond market recently appeared jittery about a protracted fight on Capitol Hill over the debt ceiling. Options? Not so much. A reading of the options…

Goldman Sachs Finds Itself in Unusual Spot – Last Place in Trading; Banks May Need $50 Billion New Capital After Brexit; Bitcoin’s Civil War – What You Need to Know John Lothian Newsletter,Newsletter

First Read Hits & Takes By JLN Staff On October 16, John Lothian News will be holding a one day intern recruiting event and a session of MarketsWiki Education’s World of Opportunity series at the CBOE. The purpose of the event, timed to occur the Monday of FIA Expo week, is to attract college students to hear from industry leaders and have them talk to participating firms about internship opportunities. Interns will be able to drop off resumes, interact with firms recruiting teams and even shoot a one minute video interview that will be shared with participating firms. They will…

Britain’s opposition Labour alarms bankers with Robin Hood tax; As VIX Plumbs Depths of Torpor, Betting on Its Future Gets Brisk; EU prop firm capital crunch could hit market liquidity Newsletter,Options

Observations & Insight Are we seeing the end of Wall Street and the beginning of a new one? Jim Kharouf – JLN Silicon Valley icon, investor and entrepreneur Vinod Khosla told an audience last week at the Commonwealth Club of California that technological disruption is coming to most of the top industries in the United States. And while he didn’t mention Wall Street, he could have. “Citibank won’t solve financial inclusion, Square will if anybody does it,” he said. “Volkswagen and GM won’t solve transportation. Whether it’s Waymo or somebody else who does it, it will be a technology driven,…

Vela to acquire Object Trading complementing its recent acquisition of OptionsCity; They’re The World’s Fastest Traders. Why Aren’t They Thriving?; Why Everyone’s Trading Volatility Newsletter,Options

Lead Stories Vela to acquire Object Trading complementing its recent acquisition of OptionsCity; Acquisition enables Vela to offer a comprehensive software and managed services solution across the entire electronic trading workflow Vela Trading Technologies LLC (Vela), an award-winning global leader in high performance trading, market data, and analytics technology, has signed a definitive agreement to acquire Object Trading, a global provider of a fully-managed Direct Market Access (DMA) platform, pre-trade risk controls, and analytics applications. /goo.gl/qzVNsV ****SD: Who’s going to be number three? My Spidey sense is tingling a bit. When Brian Cassin, Vela’s head of product strategy, spoke at…

OCC chief Donohue latest to warn over Basel rules; Does a 263% Profit Mean Markets Are Efficient?; What History Says About Low Volatility Newsletter,Options

Observations & Insight June 2017 Options Exchange Marketshare via OCC ++++++ OCC Cleared Contract Volume Up Two Percent in June OCC OCC, the world’s largest equity derivatives clearing organization, announced today that cleared contract volume in June reached 387,597,223 contracts, a two percent increase from the June 2016 volume of 378,908,938 contracts. OCC’s year-to-date average daily cleared contract volume was also up two percent from 2016 with 17,174,603 contracts. Cleared futures volume was up 16 percent in June with 13,194,530 contracts, and securities lending CCP activity was up 27 percent over June 2016 with 1,142,708 new loan transactions. jlne.ws/2tiXQjn ++++++…