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Tag Archives: Eurex

The Spread – Bumpy Road – 10/1 The Spread,Video,video

Editor’s Note: A clarification from Eurex regarding its speed bump is discussed in this episode – the latency protection functionality will be available with the annual T7 system release but IS NOT going live in December as stated in Reuters story.  The exchange has built the tool and is deciding whether or not it will go live. A speed bump? For options? Say it ain’t so, Joe! Oh, it is so? Cool. For more details on the latency development at Eurex, tune in to this week’s episode of “The Spread.” The stories referenced: –Reuters -> Eurex plans speed bumps to favour…

CFTC and SEC Binary Options Enforcement Actions; SEC sues Tesla John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Part 2 of my interview with Eurex as part of their 20th anniversary celebration was published yesterday.~JJL Today is your last day to save on #FIAExpo registration. Keynote speakers include New Power author Jeremy Heimans and CFTC Chairman Christopher Giancarlo. ~JJL Bloomberg reported that Elon Musk Wanted to Impress Girlfriend With $420 Price, SEC Says.” No word on whether he first said, “Here, hold my beer and watch this!””~JJL The City of London plans to restrict traffic on some key roads in order to accommodate more people working in the area in coming…

Eurex plans options speed bump; “Volatility and the Fragility of the Medium” JLN Options Newsletter,Newsletter,Options

Lead Stories Eurex plans speed bumps to favour traditional investors – CEO Reuters Futures exchange Eurex will impose a speed limit on trading from December that seeks to restore the balance between high-frequency traders and traditional investors, its CEO told Germany’s Boersen-Zeitung. /goo.gl/MRX9KX ****SD: Wow. Here we go folks – a speed bump for an options market. This will be interesting to watch develop. “Latency protection would be offered on fixed-income options from December, Eurex said, and then be widened out to other products in 2019.” What is Water in Markets? Volatility and the Fragility of the Medium Artemis Capital…

Liquidity concerns to fuel vol; CTC expands; Sebi’s derivatives rules Newsletter,Options

Lead Stories Goldman Warns of Liquidity-Fueled Sell-off After ‘Volmageddon’ Tracy Alloway – Bloomberg (SUBSCRIPTION) Weakened liquidity might have set stage for volatility surge; February event stands as warning to consider hedges: Goldman More than five months after February’s so-called volmageddon, the causal connection with a sudden slide in U.S. equity liquidity is only now becoming clear, according to Goldman Sachs Group Inc. /goo.gl/usP89x ****SD: Seems to be the bank concern de jour – the below story regarding Morgan Stanley’s research is also about liquidity. The Heisenberg Report has more on the notes here. Volatility highest since financial crisis, Morgan Stanley…

Euro-denominated Clearing Outside London Feature,Mwiki,Video,video

In preparation for Brexit, Eurex is offering an alternative to euro-denominated clearing in London. In this video, Eurex Chief Strategy Officer Matthias Graulich talks about the exchange’s Brexit preparations and the new clearing endeavor.    Produced by Mike Forrester

Jeffrey Tessler elected as Eurex Frankfurt and Eurex Clearing Chairman John Lothian Newsletter,Newsletter

First Read Rumi Morales Announces Joining Outlier Ventures at “Launch, Lunch & Learn” Sarah Rudolph – JLN Rumi Morales, the former head of CME Ventures, is now a partner at the London-based blockchain investment company Outlier Ventures. She and Jamie Burke, the CEO of Outlier, announced the news and spoke about the company’s plans Wednesday to a packed room at the Connectory in Chicago’s Merchandise Mart. Morales will head up Outlier Ventures’ Chicago branch, which the company expects to be a launch pad for expansion into the rest of the U.S. She and Burke said they are looking 3-5 years…

CME About to Win 14 year old Eurex Suit; SEC’s Retail Protection Plan Short on Details John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff CFTC Commissioner Brian Quintenz will give an introductory keynote Address at Consensus 2018 on May 14 in New York.~JJL The uber efficient Jessica Darmoni interviewed Wedbush’s Bob Fitzsimmons for exactly three minutes for the Hehmeyer blog.~JJL OCC offers the FidelityStudent Debt Contribution Program to their employees to aid in efforts to attract and retain the best talent.~JJL CME Group had 3116 bitcoin futures contracts trade yesterday. Cboe saw bitcoin volume of 7,062 contracts yesterday.~JJL The list of firms offering bitcoin trading on the Cboe includes Advantage Futures, ED&F Man Capital Markets, E*Trade, Interactive…

US judge scraps trial into CME Group’s defence of home market; Fed Reserve checking account? John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Former Barron’s columnist Steve Sears has emerged as the chief market strategist for StratiFi Technologies. Eurex Clearing’s new partnership program, aimed at creating an EU-based clearing facility for interest rate swaps, cleared a record EUR1.7 trillion in March.~JK Cboe Global Markets’ FX volume rose 37 percent to $762.9 billion in April, up from $554 billion a year earlier. Year-to-date notional volume is up 41 percent.~JK Did you know Cboe has an office in Quito, Ecuador?~JK Joe Noviello, the former head of eSpeed, is now managing director of Dealerweb Technologies at Tradeweb, according to…

Uncertainty Still Looming – Thomas Book, Eurex Feature,Video,video

Europe can breathe only a bit easier with MiFID II preparation out of the way – there’s still much geopolitical uncertainty on the horizon with Brexit barrelling towards markets.   In this video from JLN’s annual series with industry leaders, Eurex CEO Thomas Book talks about shifting investor behavior, the growth of MSCI products, distributed ledger technology and more.   Produced by Mike Forrester Interview by Jim Kharouf