With interest rates hovering around zero, with no lift in sight, the overnight rates market has been looking for new instruments that better reflect the market. NYSE Liffe U.S. is trying to fill that demand with its new General Collateral Finance or GCF Repo Index futures contract. The new contract, which will compete with the Fed Funds futures and LIBOR, is designed by DTCC for NYSE Liffe U.S. and is set to launch on July 16th. JLN editor-in-chief Jim Kharouf reports on NYSE Liffe U.S.’s recent introduction of the new contract in Chicago.
Tag Archives: futures
Mary McHenry of the National Futures Association Discusses the NFA’s CTA Marketing Policies Interview,Managed Futures,Video
Mary McHenry is senior manager of compliance at the National Futures Association (NFA). Among the NFA’s oversight responsibilities is the monitoring of the marketing and promotional activities by commodity trading advisors (CTAs). John Lothian News Editor-in-Chief Jim Kharouf spoke with McHenry about CTA promotional materials, some common mistakes made by CTAs with regard to the use of performance statistics, appropriate use of social media, and the NFA’s pre-review program.
Max Eagye is a director of Altegris Clearing Solutions, a San Diego-based introducing broker specializing segregated managed account services for institutional clients, family offices, commodity pools, hedge funds and mutual funds. John Lothian News Editor-at-Large Doug Ashburn spoke with Eagye about the Altegris family of affiliated companies, ManagedFutures.com, and emerging issues and trends in the managed futures space. Disclaimer: Altegris Clearing Solutions, a registered introducing broker and CTA, and NFA member, introduces customer accounts to futures commission merchants, recommends a platform of futures trading programs and provides futures consulting services. Altegris Clearing Solutions and its affiliates (the Altegris Companies) are…
Bart Mallon is a partner and co-founder of Cole-Frieman & Mallon, a San-Francisco-based law firm specializing in hedge fund and alternative investment legal services. His areas of specialization include setting up offshore hedge funds and separately managed structured accounts, compliance and registration issues. Mallon is also the author of the Hedge Fund Law blog. John Lothian News Editor-in-Chief Jim Kharouf spoke with Mallon about managed futures mutual funds, CFTC Regulation 4.5, the Volcker Rule and other compliance issues related to managed futures.
Who wants to be a Millionaire? In the television game show “Who Wants to be a Millionaire,” contestants have 4 choices on how to answer the questions. They can answer themselves, or if they don’t know the answer, they can use one of three lifelines to try to come up with the answer. There are three types of lifelines that were used when I watched the Regis Philbin US version of the show: 50/50, Phone a Friend and Poll the Audience. Each one of these lifelines has a unique approach to problem solving. 50/50 is purely probability based. You get…
Matthew Hunter has been named head of surveillance for the U.S. Commodity Futures Trading Commission (CFTC). According to CFTC spokesman R. David Gary, Hunter is filling the position as part of a reorganization at the regulatory agency that began Oct. 9. Hunter was previously deputy director of the CFTC’s market and trade practice surveillance branch, division of market oversight. The CFTC’s market surveillance program has the stated intention of preserving the economic functions of futures and option markets. The market surveillance program’s primary mission is to identify situations that could pose a threat of manipulation and to initiate preventive actions.
Anthony Neglia is president of Tower Trading of New York City, an open outcry floor brokerage firm specializing in options on precious metals at the New York Mercantile Exchange (NYMEX). His commentary regularly appears on CNBC and TheStreet.com. John Lothian News editor-at-large Doug Ashburn spoke with Neglia about volatility in the metals market, position limits, the role of speculators, and the future of the metals space.
Emil van Essen has 25 years experience trading and modeling in the futures markets and has been a CTA since 1997. His firm, now with $240 million in assets under management, has been successful with its spread trading program launched in December 2006. JLN Managed Futures editor Jim Kharouf spoke with van Essen about his trading program, how the industry evolved and the issue on most minds in the industry, what impact will MF Global have on the managed futures space. Disclaimer: Futures and options trading involve risk. Past results are no indication of future performance. Investment in this fund…
Jim Falvey has been an attorney in the exchange and FCM space for over 15 years. He has served as general counsel of Eurex US and IntercontinentalExchange, as assistant general counsel for CME Group and, most recently, as general counsel and corporate secretary of R.J. O’Brien & Associates. He also sits on the advisory board of CMDirect, a web-based commodity trading platform. John Lothian News editor-at-large Doug Ashburn spoke with Falvey about the MF Global bankruptcy, the Volcker Rule, protection of segregated funds, conflicts of interest, and other compliance issues related to the Dodd-Frank Act.