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Tag Archives: NYSE

JLN Options: Finra Scrutinizes Options Firms Over Possible Order Mismarking Newsletter,Options

LEAD STORIES Finra Scrutinizes Options Firms Over Possible Order Mismarking Jacob Bunge and Liz Moyer, The Wall Street JournalMarket regulators are pursuing a wide-ranging review of firms that trade stock options, scrutinizing electronic trading practices that may have allowed firms to avoid paying exchange fees and step ahead of other investors to complete trades. http://jlne.ws/VXGxPM Did stock manipulation cause Apple stock to close at $500?Karen Haslam, Macworld Why did Apple close at exactly $500 on Friday? Has Apple been the victim of stock manipulation? As we wrote last week, call options written this summer were due to expire on 19…

JLN Options: Investors Seek More Transparency on Corporate Hedging, Derivatives Exposures Newsletter,Options

LEAD STORIES Investors Seek More Transparency on Corporate Hedging, Derivatives ExposuresEmily Chasan, The Wall Street JournalCorporate disclosures on hedge accounting and derivatives trading are so opaque that investors are often unable to see the true risks companies face from engaging in those activities, according to a new report from the CFA Institute, which is recommending companies improve disclosures in those areas.http://jlne.ws/W91pQf S&P 500 Advances to Five-Year High on Economic ReportsBy Rita Nazareth & Sarah Pringle, BloombergU.S. stocks rose, sending the Standard & Poor’s 500 Index to a five-year high, amid better- than-forecast initial jobless claims and housing data.http://jlne.ws/XGRl34 GFI announces…

John Lothian Newsletter: Nasdaq hires former LSE sales exec; NYSE routing issue may have allowed improper trades; U.S. dispute over derivatives trading data heats up John Lothian Newsletter,Newsletter

As it moves closer to launch, London-based exchange Nasdaq OMX NLX hires a new director of sales for post-trade services. Another technical fault, this time at NYSE, may have allowed trades to be completed at improper prices. DTCC threatens to sue the CFTC over the way one of its rivals plans to handle derivatives trading data.

JLN Options: A Washington Post Article On The Debt Ceiling Is Being Blamed For The Collapse In Market Volatility Newsletter,Options

Lead Stories A Washington Post Article On The Debt Ceiling Is Being Blamed For The Collapse In Market VolatilityJoe Weisenthal, Business InsiderQuick heads up.Some folks are attributing the market rally and the collapse of volatility to a Washington Post article by Greg Sargent arguing that the GOP isn’t united in their Debt Ceiling strategy as people might think.http://jlne.ws/13h48x9 As VIX slumbers, investors grow complacent David Berman, The Globe and MailBill Luby at the VIX and More blog has been polling readers weekly on their top fears. In the latest poll, concerns about the U.S. deficit and debt ceiling have become the…

JLN Options: Volatility Plunges, But Math Still Suggests ‘Shock’ is Coming: MKM Newsletter,Options

Lead Stories Volatility Plunges, But Math Still Suggests ‘Shock’ is Coming: MKMBy Brendan Conway, BarronsAs stock indexes surge Wednesday, the market’s worry barometers are plunging. And yet for MKM Partners’ derivatives strategist Jim Strugger, the math of stock-market volatility still shows plenty of embedded risk.http://jlne.ws/VufurW Vix Futures Set New Single-Day Volume Record [December 31, 2012]Press ReleaseCHICAGO, IL – December 31, 2012 – The CBOE Futures Exchange, LLC (CFE) announced today that CBOE Volatility Index (VIX index) futures set a new single-day volume record of 212,800 contracts (estimated) today. The new daily record eclipsed the previous single-day record of 190,081 contracts…

John Lothian Newsletter: Trustees settle over MF Global assets, Top 10 (or 12) 2013 Predictions, 2013 will be a watershed for financial reform, Madoff, in Christmas Eve Letter John Lothian Newsletter,Newsletter

December 26, 2012:  We’re back after a short Christmas holiday. Today’s issue features a number of predictable prediction stories for 2013, including one from former IMF economist Simon Johnson and another from Forbes.  There is also a  break though in the bankruptcy case for MF Global customers as trustees announced a major settlement.  Also, if you missed it yesterday, take a look at the ongoing Restoring Customer Confidence series with James Gellert, who talks about rating FCMs, and our Allan Schoenberg video interview, as he explains how CME Group increasingly utilizes social media as a content distribution platform to discuss…

JLN Options: Well-timed options trades before NYSE deal raise eyebrows Newsletter,Options

Lead Stories Well-timed options trades before NYSE deal raise eyebrowsDoris Frankel, ReutersA surge in bullish options bets on NYSE Euronext shares ahead of Thursday’s announced merger has raised eyebrows among options strategists.http://jlne.ws/12tNsSJ** This always surprises me (that someone would try this if they had insider knowledge).  As soon as big news of a merger like this happens the first thing everyone does is look to see who was “lucky” enough to win big with a well-timed trade.  At the very least those people are going to get a lot of scrutiny making it difficult to get away with. Of course…

JLN Options: ICE to buy NYSE Euronext for roughly $8.2 billion Newsletter,Options

Lead Stories ICE to buy NYSE Euronext for roughly $8.2 billionBen Fox, MarketWatchIntercontinentalExchange Inc. ICE agreed to buy fellow exchange NYSE Euronext NYX in a roughly $8.2 billion cash-and-stock deal, in a merger that will vastly expand ICE’s profile.http://jlne.ws/SZ2AFZ** ICE is the relative newcomer that sprang up in 2000 and only 12 years later is taking over the world. Jeffrey Sprecher has been a force to be reckoned with ever since he knocked the socks off of everyone at FIA Boca by challenging the CME’s bid to acquire the CBOT. — SR NYSE sale to ICE and the death of…

With NYSE Deal, ICE Assumes Bulk Of Global Softs Trade Blog

Cocoa

Sometimes it’s the little things in a big deal that are interesting to note. There is much to analyze in the IntercontinentalExchange‘s $8.2 billion purchase of NYSE Euronext – from OTC interest rates and credit default swaps to securities to futures. But with its acquisition of the New York Board of Trade (NYBOT) in 2007, ICE is now dominant in the global trading of soft commodities, as it acquired the lion’s share of the world’s sugar, coffee and cocoa derivatives trade. While the likely increase in contract volume once the deal has closed is not staggering, the geographical reach is…