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Tag Archives: Eurex

JLN Options: VIX Has Its Biggest Two-Day Fall – 35.4%; Record Futures Volume Newsletter,Options

Lead Stories VIX Has Its Biggest Two-Day Fall – 35.4%; Record Futures VolumeMatt Moran, VIX ViewsOver the past six trading days the VIX has had a roller-coaster ride as investor sentiment shifted in regard to perceived prospects for a near-term solution to the U.S. fiscal cliff situation.http://jlne.ws/ZX3ypq Vix Futures Set Another New Single-Day Volume Record Today: 221,323 ContractsPress ReleaseThe CBOE Futures Exchange, LLC (CFE®) announced today that CBOE Volatility Index® (VIX® index) futures set a new single-day volume record of 221,323 contracts (estimated), the second consecutive daily VIX futures record this week.Today’s daily record eclipsed the previous VIX futures single-day…

JLN Options: Dividend Trades Cease at Three Options Exchanges Newsletter,Options

Lead Stories Dividend Trades Cease at Three Options ExchangesPeter Chapman, Traders MagazineThe controversial practice of dividend-capture options trading has ground to a halt at three of the four floor-based exchanges that have offered it. According to data published by the International Securities Exchange, dividend trade volume disappeared at NYSE Arca, NYSE Amex and Chicago Board Options Exchange in November.http://jlne.ws/12nLker**A victory for Gary Katz and the ISE — SR Hedge Funds Think the Fed Will Smother Market VolatilityBrendan Conway, Barron’sHedge funds are perfectly willing to take the other side of your bet on market volatility. In fact, Societe Generale’s strategists are…

John Lothian Newsletter: Miami Options Exchange Gets SEC Approval; Eurex Exchange launches derivatives trading system; Interest-Rate Swap Futures Surpass $130 Million at CME Group John Lothian Newsletter,Newsletter

New options exchange MIAX gets a green light from the SEC, and will be able to open its doors as planned on December 7. Eurex Exchange launches the next generation of its derivatives trading system, beginning the months-long process of migrating its offerings onto the new platform. CME Group’s new interest rate swap futures contracts sees solid interest from traders.

JLN Options: MIAX Receives Approval Order from the United States Securities and Exchange Commission to Become Newest Equity Options Exchange; Trading to Commence on December 7, 2012 Newsletter,Options

Lead Stories MIAX Receives Approval Order from the United States Securities and Exchange Commission to Become Newest Equity Options Exchange; Trading to Commence on December 7, 2012Press ReleaseMIAX Options Exchange (“MIAX”) announced today that on December 3, 2012, it received an Approval Order from the United States Securities and Exchange Commission (“SEC”) of its Application for Registration as a National Securities Exchange, and thus MIAX will act as its own self-regulatory organization. [Release No. 34-68341; File No.10-207.]  Trading on MIAX, a fully electronic options trading exchange, is scheduled to commence on December 7, 2012.http://jlne.ws/SKjbtw PowerShares Readies ‘Downside Hedged’ ETFTom Lydon,…

John Lothian Newsletter: Xetra head to leave Deutsche Börse; BATS to borrow $300m for dividend payouts; Approval Pending, Miami Exchange Plans Its Launch John Lothian Newsletter,Newsletter

Deutsche Börse announces changes to its senior management team. Exchange operator BATS looks to the debt market for financing, its first attempt to raise money since its failed self-IPO this past March. Miami Options Exchange forges ahead with plans to open its doors in early December, despite a lack of regulatory approval for that action. If you missed yesterday’s release of the second part of JLN’s Restoring Customer Confidence series, you’re in luck. Watch the interview with Eurex’s Byron Baldwin and learn how Eurex handles customer account segregation.

Byron Baldwin of Eurex Discusses OTC Clearing, Portfolio Margining and Individual Segregation Interview,Regulation,Video

Byron Baldwin is senior vice president of buyside relations for Eurex. He moved to New York from Eurex’s London office to in February 2011 in order to promote the firm’s listed products, connectivity for high frequency trading firms, and to promote Eurex’s move into OTC clearing. Baldwin spoke with John Lothian News Editor-at-Large Doug Ashburn about regulatory changes across jurisdictions, mandatory clearing of OTC derivatives, margin and collateral efficiency and Eurex’s individual segregation model.

John Lothian Newsletter: Oslo Børs buys Sweden’s Burgundy; Tradeweb launches 5,000-stock ETF platform; NYSE Euronext And Taiwan Futures Exchange Sign Memorandum Of Understanding John Lothian Newsletter,Newsletter

Oslo’s exchange signs up to purchase the Burgundy from its Swedish owners as a way to consolidate influence in Scandinavian trading.  Tradeweb launches an ETF trading platform, allowing access to thousands of ETF products. NYSE Euronext and the Taiwan Futures Exchange sign a memorandum of understanding to share connectivity and access via NYSE’s order routing system.

John Lothian Newsletter: SEC Looks for the ‘Kill Switches’; CME Announces Launch of Chinese Steel Rebar Swap Futures; Exchanges See No Unfairness in Data Delivery Speeds John Lothian Newsletter,Newsletter

The SEC launches a broad investigation and overhaul of order placement systems and controls, seeking new ways to control and mitigate damage from high-speed orders.  Sort of “Finding Nemo: The Financial Episode”, perhaps. CME Group announces the planned launch date for the exchange’s new Chinese steel rebar swap futures contract.  Exchanges have carefully considered the various speeds and methods available for market participants, and have concluded that it’s really ok to charge more for better access.  In today’s First Read section, be sure to check out the JLN Metals box and the interview there with Michael Turek, senior director of…