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Tag Archives: Dash

Back to the (Broker) Dealer’s Table Feature,Video,video

It was back at the turn of the century that Tony Saliba founded LiquidPoint, the broker-dealer known for its options execution management technology that at one point executed a fifth of daily options volumes. LiquidPoint would eventually be sold to ConvergEx Group in 2007, which in turn would spin off LiquidPoint to Dash in 2017, forming Dash Financial Technologies. Saliba remained with LiquidPoint through 2014. Saliba said he swore he’d never get back into the broker-dealer space, but in 2018 it was announced he was launching Matrix Executions, a multi-asset broker dealer serving both the buy and sell-side. It’s a…

Takeaways From Recent Options Volume Surge; Update on Short Vol Poster Child; VIX seen as incomplete measure Newsletter,Options

Observations & Insight An Array of Recommended Tangents for International Women’s Day Spencer Doar – JLN The “Fearless Girl” statue on Wall Street turned one year old today. Let’s dedicate today’s newsletter to the embodiment of her ideals, shall we? To kick it off, here’s the WaPo with The Fearless Girl statue turns one today. Here’s what she’s inspired. The “failing” NY Times (hah – NYT brought in $1 billion of subscription revenue in 2017) has an all-encompassing outlook – International Women’s Day 2018: Pride, Protests and Pressure. Women in Spain are on strike (link to BBC story). This human…

Hungry for more: Dash Financial Sees Opportunity In A New Broker Landscape Commentary,Feature,Options

For some firms today, being young has its advantages. Dash Financial might just be one of those young and agile companies that can take advantage of the currents that are pushing and pulling the industry. Later this quarter Dash is expected to complete its acquisition of LiquidPoint, Convergex’s options brokerage and technology business, thus giving the combined firm 13 percent of the equity options and index options market volume. That’s more than double the current marketshare Dash Financial has quickly built since it launched in 2011. Peter Maragos, CEO of Dash (soon to be renamed Dash Financial Technologies), said the…

Dash and LiquidPoint to Merge to Create Dash Financial Technologies; Volatility To Return In A Big Way This Year; 7 New Year’s Resolutions for the Options Investor Newsletter,Options

Observations & Insight OCC 2016 Cleared Contract Volume Fifth Highest Ever OCC OCC, the world’s largest equity derivatives clearing organization, today announced 2016 total cleared contract volume reached 4,167,747,777 contracts, a one percent decrease from the 2015 volume of 4,210,542,258 contracts. The year ended with 337,076,118 cleared contracts in December, a three percent decrease from December 2015. OCC also reported record-breaking volume for cleared futures, with 104,523,581 cleared contracts in 2016; a 56 percent increase from 2015. /goo.gl/Unwa82 December Marketshare via OCC Lead Stories Dash and LiquidPoint to Merge to Create Dash Financial Technologies PRNewswire Dash Financial announced today that…