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Tag Archives: exchange traded derivatives

Cboe lawsuit; Background on LJM losses; Vol to stay? Newsletter,Options

Observations & Insight Access-Fee Pilot: Fewer Fees, More Fragmentation? Rob Daly – MarketsMedia The access-fee pilot proposed by the U.S. Securities and Exchange Commission may increase fragmentation in the equity markets as Cboe Global Markets considers launching two additional order books to offset the pilot’s fee caps and prohibitions. “We have six exchanges, but we use four for equities and four for options,” said Chris Concannon, president and COO of Cboe, during the National Security Traders Association’s 2018 Market Structure Symposium in Chicago. “I promised the industry previously that we would not light up those books, but with the access-fee…

Jeffrey Tessler: Deutsche Boerse Exchange Reorganization Is Done, Now Onto The London Stock Exchange Deal Commentary

Jeffrey Tessler is a busy man these days as the person overseeing a recently restructured unit at Deutsche Boerse called “Customers, Products & Core Markets.” The new division rolls together Eurex, Eurex Clearing and Clearstream, the collateral management and settlement business. “We had it separated, so by bringing it together and walking into a client, we can talk about what is most important to them,” said Tessler, at the FIA IDX conference in London. “Obviously, clearing is an important aspect of their business and also the collateral management and collateral efficiency, and collateral optimization. How do we bring it all…