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Tag Archives: options

A Celebration of and in Paris Blog,Commentary

I visited Paris for the first time last month and fell in love with it. What a beautiful city. What an interesting place to live. I can see why it attracts people from all over the world, including the US, who want to live there. Count me as one of them. My entrepreneurial spirit led me to want to set up a business there. The guys in the office think I am crazy? Crazier? But, I have a plan. You see, I got very excited about Euronext and their growth prospects. And all I heard about was people, including the…

Riders on the Storm: Orc Group’s Troels Philip Jensen Looks at Consolidation in the Vendor Space Financials,Interview,Options,Video

The financial sector has been feeling the squeeze over the past few years. Lower trading volume, sustained low volatility and added expense from new regulations have combined to create a precarious situation for independent service vendors serving the listed derivatives space, and has led to a wave of consolidation among its players. One such vendor is Orc Group, a Stockholm-based provider of trading, execution, risk, compliance and other software solutions for the derivatives market. The company, which was purchased in 2012 by Nordic Capital and subsequently taken private, has used the private equity structure to its advantage while it weathers…

As Grain Prices Cool Down, Options Volume Heats Up Commentary,Options

When the USDA released its quarterly grain stocks numbers on June 30, corn and soybean markets took a nasty tumble that lasted several days and sent prices to their lowest levels since 2010. When the USDA released its world supply and demand report two weeks later, grain markets eroded further as acreage and yield predictions, combined with current carryover stocks, are pointing to a possible storage glut next year – a phenomenon not seen in the U.S. for a number of years. As corn and soybean prices retreat from the lofty levels of the past few years – corn down…

Hands-On: Alan Knuckman Demos the Incight Video Aggregation App Interview,Tech / HFT,Video

In today’s Internet age, more news organizations and other companies are using videos to share financial news and information. Alan Knuckman, a partner at Incight, says about 84 percent of Internet traffic will be in the form of video. He says that for many, it is a faster alternative to constantly monitoring the news on television, where you may have to sit through several hours of programming to find one piece of information . The increase in video is also a result of the big changes in the financial industry. Electronic trading has replaced the floor, where traders would congregate in one place and share information. However, that model…

Exchange CEO Series – Big Crowd: ISE’s Gary Katz says crowded options field to get larger Interview,Regulation,Video

In the derivatives space, there has been a consolidation or a proliferation of exchanges, depending on how you see it. While the number of futures exchanges in the US has shrunk to two major players, International Securities Exchange president and CEO Gary Katz has seen the opposite happen in the US options marketplace. The number of US options exchanges is now 12, with ISE adding the latest options exchange called ISE Gemini last year. Some exchanges, such as ISE, now have two or more exchanges which they operate with different pricing and trading platforms. The goal to differentiate has spurred…

Options – and the Options Industry Council – Come to China Blog,Options

View of the Pudong Financial district from the Shanghai World Financial Center

(This is part one of an article derived from an interview with Alan Grigoletto, vice president of education at the OIC, and Mary Savoie, the OIC’s executive director. Part two will focus on the options industry in the U.S. and the OIC’s new educational program there.) The Options Industry Council has been a leader in educating retail investors in the U.S. in options for many years. For the past four years, however, it has been exploring how best to bring options education to China. This year, the effort becomes even more important, as China prepares to launch its first options…

Searching for Yield: Xerxes Bhote of TJM Investments on Options Strategies for Institutional Investors Interview,Options,Video

Xerxes Bhote

The recent financial crisis has left a challenging investment environment for fund managers. With interest rates hovering at record lows and equities only having recently regained levels set 14 years ago, the typical buy-and-hold strategy may not cut it. At the public pension level, the situation is especially dire, as unemployment remains stubbornly high, as does the need for public assistance at the state and local levels. In order to keep budgets balanced, municipalities have historically underfunded pensions. Meanwhile, an aging population is projected to further strain defined benefit plans. Many have turned to alternative investments such as hedge funds,…

JLN Options: CME Sees Record Volumes in WTI-Brent Crude Oil Spread Options, Deutsche Bank Launches Trading Platform for U.S. Equity Options, Completion of FINRA’s Analysis of Submitted Claims Pertaining to Facebook IPO Newsletter,Options

Observations & Insight CBOE will begin its expanded trading hours on Monday, October 28th for the CBOE Volatility Index futures. The longer day is aimed at attracting more overseas trading by adding 5 hours and 45 minutes to the trading day in two phases. The initial start of October 21, was postponed due to the government shutdown. Here is the schedule from CBOE: · Fifteen minutes after the 3:15 p.m. (Chicago time) close of VIX futures, the market will reopen for a new trading period from 3:30 p.m. to 4:15 p.m. (Chicago time). Trading will then resume at 7:00 a.m….

Kurt Oeler of optionMonster Discusses Options Education Interview,Options,Video

Kurt Oeler

With the advent of electronic trading, individual investors have gained the ability to use options to manage their portfolios. But as the options industry grows more accessible, it has also grown more complex, and the industry is focusing on education as the key to expanding the audience for options trading. Chicago-based optionMonster was founded eight years ago by brothers and frequent CNBC contributors Jon and Pete Najarian with the aim of educating individual options traders. The company offers market analysis and option trading ideas, as well as free online courses, webinars, and local investor conferences, and it specializes in helping…