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Tag Archives: options

John Lothian News Exclusive: Matthew Hunter Named CFTC Head of Surveillance Blog,Regulation


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.

Interview with Anthony Neglia of Tower Trading Interview,Metals,Video

Anthony Neglia

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 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.

Keith Goggin – Integral Derivatives Interview,Metals,Video

Keith Goggin is a partner at Integral Derivatives LLC, the largest options specialist firm on the NYSE/Amex options marketplace. He has been a market-maker and specialist in options on ETFs since their inception. John Lothian News editor-at-large Doug Ashburn spoke with Goggin about the seventh anniversary of the Gold ETF contract, the role of speculators, high market volatility, and the future of ETFs.

Gary Delany – Options Industry Council (OIC) Interview,Options,Video

Gary Delany

JLN Options editor Sarah Rudolph sat down with Gary Delany, Director of European Marketing and Education for the Options Industry Council (OIC), to discuss some of the findings of the study, “European Demand for U.S. Listed Equity Options,” including identifying the biggest users of US options and the barriers to trading. The OIC commissioned study conducted by the TABB Group found strong European demand for US listed options. The study included interviews with 29 participants from a cross section of US and European firms active in the US listed options industry, including broker-dealers, market makers, data providers, hedge funds, and…

Anthony McCormick – Boston Options Exchange Interview,Options,Video

Anthony McCormick

Anthony (Tony) McCormick is the CEO of the Boston Options Exchange (BOX). He spoke with JLN Options editor Sarah Rudolph about the role of the PIP (Price Improvement Period) in the recent volume growth at BOX, as well as the exchange’s business model and plans for the future. In July, price-improved contracts averaged 320,461 per day, a 60% increase over the same period last year, with a total savings to investors of $3.9 million in July. Overall average daily volume on BOX in July was 587,386, a 50% increase over the same period last year. BOX introduced the Price Improvement…

Remembering Edmund J. O’Connor, Pioneer in Listed Options and a Founder of CBOE Blog,Options

From the CBOE: Edmund J. O’Connor, key architect of exchange-listed security options and a founder of the Chicago Board Options Exchange (CBOE) – died on January 17, 2011, at age 85 in Lake Forest, Illinois. In the late 1960s, Mr. O’Connor, a highly successful grain futures trader, served on the board of directors of the […]

Northwestern University – Basics of Hedging Using Futures and Options Blog

In Northwestern University’s Basics of Hedging Using Futures and Options course, students will examine the use of exchange-traded derivative contracts to offset risk in the underlying cash market. Topics discussed will include the history and role of the exchange, the difference between the cash market and the futures market, futures contract specifications and settlement procedures, trade clearing and the margining process, as well as an introduction to price risk management. The course will be taught by instructors with significant academic as well as trading and industry experience. Students will be able to directly interact with the instructors and will benefit…