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Tag Archives: NYSE

Euronext modernises its markets to support growth of european companies; NYSE wins approval for ‘speed bump’ in trading; There’s a Big Technical Reason for Low Volatility in Stocks John Lothian Newsletter,Newsletter

First Read JLN & FOW Present Trading Chicago John J. Lothian & Co. is partnering with FOW (Global Investor Group) to host our first Trading Chicago event on June 28th at the Swissotel. This one-day event is aimed largely at the end-users of the markets: commodity trading advisors, asset managers, hedge funds and proprietary traders. The conference will cover the issues that impact those firms directly – regulation, technology and market structure, with an underlying thread of trading in an age of uncertainty. All of this will be delivered in a variety of formats, from an Oxford-style debate on the…

All Together Now: Exchange Leaders Call For Cooperative Approach To Changing Market Structure Blog,Commentary,Feature,Options

U.S. equity options leaders said today’s market structure needs fixing and vowed to work together to address it at the Options Industry Conference in Scottsdale, Arizona. Among some of the structural problems are a perceived lack of liquidity, a rigid regulatory structure that has supported the fragmentation of markets, and a concentration of volume on a relatively small number of listings. Kevin Kennedy, who serves as senior vice president, head of U.S. options at Nasdaq, called for the exchanges and participants to work together to upgrade the market structure so it works better and more efficiently in the coming years….

Not as Bad as it Seems: Schwartz Addresses the State of the Options Industry Blog,Commentary,Feature,Options

Henry Schwartz, president of Trade Alert, gave his annual “State of the Options Industry” address at the Options Industry Conference in Scottsdale, Arizona, and painted a more optimistic picture than recent portrayals in the press.   Yes, options volumes for 2017 are predicted to be flat to slightly up, a bit more than 4 billion contracts, but to Schwartz, that is a good number given the lack of volatility. Another positive is that more institutional users are appearing in the options market. According to his calculations based on regulatory filings, some 100 institutions enter options markets annually while 85-90 drop…

There’s one big trading company that’s loving all this uncertainty (CBOE); Buying Into the Turmoil: Investors Embrace the Risks; The VIX Is Broken, But Does It Matter? Newsletter,Options

Observations & Insight Options Industry Conference Update: Congress Continues To Push For Avoiding Unintended Consequences in Tax and Dodd-Frank reforms By Jim Kharouf and Jeff Bergstrom, JLN The 35th Annual Options Industry Conference kicked off on Wednesday with a major focus on Washington, especially on a host of new proposals on tax and Dodd-Frank reforms. The conference, hosted by Intercontinental Exchange’s NYSE in Scottsdale, Arizona, led with an interview with Congressman Tom Reed (R-NY 23rd District) who outlined initiatives to address tax reform in 2017. Reed told OCC’s Executive Chairman and CEO Craig Donohue that the tax reform may have…

Options Industry Conference Update: Congress Continues To Push For Avoiding Unintended Consequences in Tax and Dodd-Frank reforms Blog,Commentary,Feature,Options

The 35th Annual Options Industry Conference kicked off on Wednesday with a major focus on Washington, especially on a host of new proposals on tax and Dodd-Frank reforms. The conference, hosted by Intercontinental Exchange’s NYSE in Scottsdale, Arizona, led with an interview with Congressman Tom Reed (R-NY 23rd District) who outlined initiatives to address tax reform in 2017. Reed told OCC’s Executive Chairman and CEO Craig Donohue that the tax reform may have enough support in Congress to get it passed this year. As it pertains to the financial industry, Reed said one of the goals of a new tax…

Bats targets NYSE and Nasdaq end-of-day volume with new offering; ICE turns to atomic clock for time-stamping trades; trueEX files lawsuit against Markit John Lothian Newsletter,Newsletter

First Read Options Industry Conference Preview Part 2: OCC’s Craig Donohue on Gina McFadden and Changes at the Top of OCC JohnLothianNews.com As the 35th Options Industry Conference gets underway, OCC Chairman and CEO Craig Donohue spoke with John Lothian News about everything from the industry’s first woman to be awarded the Joseph Sullivan Award to executive changes at the clearinghouse. Read the rest and watch the video » ++++ Anonymous warns world to ‘prepare’ for World War 3 Chris Perez – NY Post The infamous hacktivist group Anonymous has released a chilling new video — urging people across the…

JLN Exchange Leader Series 2017: Jeff Sprecher Says ICE Ready To Roll Out Data and Analytics To Meet The Demand For More Info Feature,Mwiki,Video,video

The Intercontinental Exchange underwent some dramatic changes in 2016. With the purchase of Interactive Data at the end of 2015, ICE spent last year integrating that company along with several others, giving the exchange a major footprint in the data, analytics and research space. ICE Chairman and CEO Jeff Sprecher sat down with JLN at the FIA Boca 2017 Conference to speak about that push as well as what’s next for the exchange. “We spent a lot of our time integrating our data acquisitions, which were new to us, and finalizing the infrastructure that we have been building out for…

NYSE Told Major Outage in 2015 May Have Broken Securities Rules; The Race to the Speed of Light Is Accelerating; Rolling Back the Fiduciary Rule – a Primer on Making (and Unmaking) a Regulation John Lothian Newsletter,Newsletter

First Read Solidifying an American foothold: LSEG’s UnaVista and MTS platforms look to expand Spencer Doar – JLN The London Stock Exchange Group has plenty of reasons to be in the news due to its pending merger with Deutsche Boerse, but while all of those discussions take place, parts of the LSEG family are making moves of their own. The two arms in motion are MTS, a bond trading platform, and UnaVista, a back and middle office platform for reconciliation, reporting, matching and validation. Both are in a similar situation — they have a large presence in Europe but not…

NYSE, Former IEX Foe, Plans a Copycat Speed Bump of Its Own; MarketAxess breaks annual trading volume record; BlackRock jilts State Street, moves $1 trillion in custody assets to JPMorgan John Lothian Newsletter,Newsletter

First Read NYSE Outlines 2017 Equity Market Strategy: Intercontinental Exchange NYSE Group, part of Intercontinental Exchange, today detailed its equity markets strategy, which aims to deliver greater choice for corporate and ETF issuers and to investors by offering four unique exchange venues, including an exchange designed exclusively for small and mid-cap companies. /goo.gl/vBsDdR **** Some nice chess moves and some rebranding emphasizes the “American” aspect of NYSE’s markets. ++++ Veronica Augustsson nominated as CEO of the Year within Employer Branding Cinnober For her efforts to increase awareness of Cinnober as an employer, as well as for her commitment to various…