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Tag Archives: Nassim Taleb

Nasdaq Sues MIAX Parent Co.; VIX ETP Liquidation Scenario?; ETF volatility effects Newsletter,Options

Observations & Insight August 2017 Options Exchange Marketshare via OCC ++++++ OCC Cleared Contract Volume Up 19 Percent in August OCC OCC, the world’s largest equity derivatives clearing organization, announced today that total cleared contract volume in August was 395,912,022 contracts, up 19 percent from August 2016 volume of 331,447,840 contracts. Cleared futures reached a record volume with 14,923,607 contracts in August. OCC’s year-to-date average daily cleared contract volume is up four percent from 2016 with 17,068,192 contracts in 2017. jlne.ws/2xMsyDt ++++++ The Patent World Jim Kharouf – JLN We’re back in court today. On Friday, Nasdaq filed suit against…

Currency vol expectations regarding Jackson Hole; Debt-ceiling concerns; Credit Suisse hires Ebert from BAML Newsletter,Options

Observations & Insight Risk of sharp currency moves drives investors into hedged ETFs Helen Reid, Saikat Chatterjee and Trevor Hunnicutt – Reuters Investors have been piling into currency-hedged equity tracker funds, seeking protection against big moves in foreign exchange rates. Typically foreign investors buy un-hedged equities since share prices are usually negatively correlated to currencies. In fact, they offer a partial hedge against sharp moves in foreign exchange. /goo.gl/8JWyxh ****SD: How do ETF providers do this? Generally with forwards and options. The “o” word is only mentioned once in the article, but currency derivatives are really the heart of the…