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Tag Archives: Options Clearing Corporation

OCC’s move to ‘Cover 2’ won’t cost members more, CRO says Newsletter,Options

Observations & Insight The Spread – 8/10 – Pump up the Vol(ume) JohnLothianNews.com In this week’s recap of happenings in the options world we delve into some confusing terms, Spinal Tap and Recep Erdogan’s plight. Watch the video and see the stories referenced here » ++++ Turkey’s Collapse Sinks Emerging Markets on ‘Manic Monday’ Rita Nazareth and Ben Bartenstein – Bloomberg (SUBSCRIPTION) Turkish measures could be too little, too late, analysts say; Argentine century bond yield surges to 10% as peso tumbles Turkey’s market carnage rippled across emerging markets, sending both stocks and currencies toward their lowest levels in a…

OCC Clears the Path to Greater Capital Efficiencies for Clearing Firms in U. S. Exchange-Listed Options Markets Newsletter,Options

Observations & Insight Trump’s trade ‘extortion’ won’t work, China state media says Andrew Galbraith, Michael Martina – Reuters Chinese state media on Monday lambasted U.S. President Donald Trump’s trade policies in an unusually personal attack, and sought to reassure investors anxious about China’s economy as growth concerns battered its financial markets. /jlne.ws/2OKbxSy ****SD: Also see CNBC’s Beijing is more worried about domestic issues than its trade war with Washington, research firm says and Bloomberg’s chart recap Here Are the Shots Fired So Far in U.S.-China Trade War Lead Stories OCC Clears the Path to Greater Capital Efficiencies for Clearing Firms…

OCC Re-Elects Craig Donohue as Executive Chairman Newsletter,Options

Observations & Insight The Future of Exchanges Will Feature More Collaboration, WFE Report Says Jim Kharouf – JLN Exchanges will have to spend more, share more and collaborate more in the coming years, according to a published report from the World Federation of Exchanges (WFE) and Oliver Wyman. The report, issued on Thursday at the 35th IOMA: The WFE’s Clearing & Derivatives Conference in Chicago focused on the recent trends for the exchange, CCP and market infrastructure providers since the 2008 financial crisis. /jlne.ws/2HwdDlQ ++++++ Editor’s Notes Our next episode of The Spread will be posted Monday. According to FIA…

Adi Agrawal is Optionus Prime Blog,Options

Adi Agrawal is Optionus Prime, the chief transformer of the Options Clearing Corporation. More formally he is not a child’s toy or the star techno-actor of a hit movie series, but rather the Chief Transformation Officer of the OCC. He is the chief transformer in my book. As Optionus Prime, Agrawal has a new role at an organization that is trying to reinvent itself based on the challenges of Dodd-Frank. I had never heard of such a title before, so I sat down with Adi and asked him what it was all about. He was in human form for the…

My Journey Through the Financial Industry – Amy Shelly Feature,MarketsWiki Education,MWEd,Video,video

“Go find your friends. That’s the start of your networking skills. Learn how to go up and talk to people. Have a conversation, be interested in what they’re saying and tell them what you’re looking for and what interests you.” In this video from MarketsWiki Education’s World of Opportunity event in Chicago, Amy Shelly, CFO at the OCC, talks about her winding path through the industry. Shelly spent the early part of her career in banking, spending seven years with Goldman Sachs and three with JP Morgan. Shelly moved on to work for Hull Investments as an accountant where she…

Options Industry Conference Preview Part 2: OCC’s Craig Donohue on Gina McFadden and Changes at the Top of OCC Blog,Feature,Video,video

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. Gina McFadden served in the options industry for almost 40 years. She served as president of The Options Industry Council (OIC) from 2006 to 2013 and executive vice president at The Options Clearing Corporation (OCC). She retired from both of those positions in September 2013. At OIC, McFadden was responsible for business and product development, corporate communications, and investor and internet…

2017 Viewpoint: Craig Donohue, Chairman & CEO, Options Clearing Corporation; Is The Market Starting To Price In Trump Risk?; Wall Street’s ‘fear index’ jumps the most in 3 months as Trump spooks market Newsletter,Options

Lead Stories 2017 Viewpoint: Craig Donohue, Chairman & CEO, Options Clearing Corporation WFE We hear Craig Donohue’s views on what the coming year may hold for the sector. /goo.gl/4WpNFS Is The Market Starting To Price In Trump Risk? Bryan Rich – Forbes The Trump agenda continues to dominate the market focus as we entered the second week of Trumponomics. To this point the market focus has been on the pro-growth agenda. With that, stocks have been higher, yields have been higher, the dollar has been higher, and global commodities have been broadly rising. Meanwhile, gold (the fear trade) has been…

Make A Plan: How OCC Is Forging Change In The Options Industry Options,Video

Craig Donohue joined OCC in 2014 to help address some major issues for the clearing house and to position the organization for the new derivatives clearing landscape. He sat down with John Lothian News to discuss the current state of the options industry, regulation and where the organization is heading next. One of Donohue’s first issues to address was the OCC’s capital plan to raise the organization’s shareholder equity to $247 million, from $25 million. That plan, which strengthens OCC’s capital base as one of the designated Systemically Important Financial Market Utilities (SIFMUs), puts the clearing house on firmer footing…

New Energy: Nasdaq Prepping For Launch Of Nasdaq Futures Interview,Video

Nasdaq Futures was announced in March with a goal of shaking up the energy futures markets. Since then, Nasdaq’s team has been busy building infrastructure and signing up new members. The question is, will they challenge the likes of CME Group’s Nymex or the Intercontinental Exchange? Hans-Ole Jochumsen said that Nasdaq Futures, or NFX, has the model to compete with established markets. Its partnership with OCC will clear its natural gas, crude oil and power futures contracts at a mere 4 cents per side. That, coupled with the Nasdaq trading engine, GENIUM INET, that is common to many in the…