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Tag Archives: Emini S&P

FANG+ Puts the UMPH Back into the Markets and Exchange Competition Blog,Commentary,Exchanges, OTC & Clearing,Financials,Interview,Investing & Trading,Mwiki

Hallelujah! The magical power of innovation from exchange competition in Chicago is alive and well after a noticeable absence. The NYSE FANG+ index at ICE Futures US is the most innovative and timely new contract I have seen since the Cboe introduced the VIX. Besides the FANG+ contract, we have the expectation of the CME Group and Cboe slugging it out later this year with competing bitcoin futures offerings. Earlier this year we had the CME Group resteal the Russell index complex from ICE, returning the contracts to the CME where they were  in 2007. The FANG+ sprang from this exchange…

CHX: Ownership Matters Blog,Commentary,Feature

Chicago Stock Exchange Seeks Transformation in New Owners and Trading Processes With over 50 venues in the U.S. to execute trading of shares of stock, the Chicago Stock Exchange (“CHX”) unfortunately only stands out for its being overlooked. Its management seeks to change that with an ownership overhaul, trading technology process innovations and a push back into listings that could attract Chinese companies, among others. Like a little brother who gets forgotten in a big family, CHX is fighting for attention with its plans. Many of its current owners have stakes in other trading venues that bring higher margins to…