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Tag Archives: options trading

Market Makes History; More Bitcoin; Cboe Mini-SPX XSP Options Record Newsletter,Options

Lead Stories The stock market just made history Akin Oyedele – Business Insider The S&P 500 on Monday broke its previous record of the number of days without a 3% drawdown. As it’s continued to make new highs, it has broken records of other percent-move sizes. These illustrate the rock-bottom volatility that has characterized stocks this year and is showing few signs of rising anytime soon. /goo.gl/arAFs9 ****SD: Feels like it makes history every day now… Bitcoin Meets OTC Derivatives Tod Skarecky – Clarus Financial Technology I attended the FIA event last week in Chicago. Much of the same stuff….

Push for MiFID II Delay; Libor settlement; Bond volatility Newsletter,Options

Observations & Insight The Kooky News for Friday the 13th Spencer Doar – JLN Befitting the day, there are indeed some weird happenings in our markets. First, recall the release in Observations yesterday – TradingScreen Majority Shareholders Initiate Criminal Legal Action Against Giampiero Grandi, Board Chairman, For Misappropriation Of Corporate Assets. TradingScreen responded to that release with a statement, saying the allegations made were: “false, baseless, and meritless, and has been propagated by the company’s disgruntled former CEO [Philippe Buhannic], who was fired by the Board for cause last year after intentionally hitting an employee in front of numerous witnesses…

VIX Fears; CME Launches Wednesday Weekly Options Newsletter,Options

Lead Stories Wall Street’s ‘fear gauge’ on pace for record closing nadir as stock market trades at all-time high Mark DeCambre – MarketWatch A popular measure of Wall Street volatility was headed to an all-time low, highlighting a protracted period of subdued moves on Wall Street, as assets considered risky climb to records. The CBOE Volatility Index VIX, -3.53% often referred to as the market’s fear gauge, was trading recently at 9.14, which would mark the lowest close for the indicator since Dec. 22, 1993 when it ended at 9.31. jlne.ws/2fTF9R3 ****SD: XIV is trading above 100 today for the…

Hong Kong eyes derivatives in wake of MiFID; Volatility risk premium Newsletter,Options

Observations & Insight 2017 FIA Expo Preview with Walt Lukken JohnLothianNews.com JLN sat down with Walt Lukken, President and CEO of the FIA, to discuss this year’s EXPO event in Chicago. Innovation is the theme this year at EXPO and Lukken is looking for the next generation of ideas. At the innovators pavilion, 20 new and exciting start-ups showcase their brand in front of a panel of judges. With 5,000 industry professionals in attendance, EXPO is a great way to connect with industry leaders, identify trends and staying informed about the latest developments in technology and regulation. Speakers include Craig…

VIX ETP concerns; Correlation issues; Market catalysts Newsletter,Options

Observations & Insight The FT warns advertisers after discovering high levels of domain spoofing Jessica Davies – Digiday The Financial Times has investigated the scale of domain spoofing occurring against its site, and has been shocked by the results. The publisher has found display ads against inventory masquerading as FT.com on 10 separate ad exchanges and video ads on 15 exchanges, even though the FT doesn’t even sell video ads programmatically, with 300 accounts selling inventory purporting to be the FT’s. The scale of the fraud uncovered is vast — the equivalent of one month’s supply of bona fide FT.com…

Cybersecurity is very, very tough: How a SIFMU’s cyber chief sees the threat Blog,Commentary,Feature,Mwiki,Options

The OCC’s new chief security officer talks about risks and prevention.  It’s alarming and getting ugly. The Equifax hack in March compromised the personal information of an estimated 40 percent of the United States population. The Bangladeshi central bank is down $81 million after the SWIFT messaging system was hacked in early 2016. The SEC recently disclosed that a 2016 hack of its EDGAR database may have resulted in trading on nonpublic information for personal gain. Then there are the cyber breaches of retailers: Target in 2013, which settled for $18.5 million, and Home Depot in 2014, which settled for…

How I Discovered My WILD Side – Leslie Sutphen Feature,MarketsWiki Education,MWEd,Mwiki,Video,video

“I didn’t like the floor very much… It was the [CBOE], which wasn’t quite as rough and tumble as the futures floor, but I still felt kind of like this isn’t really a place for a nice girl like me.” In this video from MarketsWiki Education’s World of Opportunity event in Chicago, Leslie Sutphen, co-founder of Women in Listed Derivatives (WILD), talks about starting her career when there were very few women working in the futures and options industry. After looking around room after room during her career with the same gender disparity, Sutphen decided to create WILD. WILD’s mission…

Stock Returns and Politics = Not Normal; VIX The Tail Wagging The Dog?; Euro Pressured as Volatility Rises Newsletter,Options

Lead Stories Stock Returns, Like Politics, Are Not Normal; There are two primary reasons for the protracted decline in both implied and realized volatility. Dean Curnutt – Bloomberg Perhaps no consensus opinion has proven more incorrect than the notion that a Donald Trump presidency would lead to more market volatility. So range-bound has been the S&P 500 Index in 2017 that fully 60 percent of the days have produced a daily upside or downside return of less than 0.25 percentage point. /bloom.bg/2wqU4c9 ****SD: From WSJ – Investors Grapple With Signs of Unrest and from NY Times – The Stock Market…

Thesys Technologies vs. Goliath; OIC Outreach to Advisers; Vol bets and the VIX Newsletter,Options

Observations & Insight Thesys vs. Goliath: That’s One Big CAT Spencer Doar – JLN FINRA, FIS, Cinnober, Thomson Reuters – what do they have in common? They are just a few of the 30 bidders who lost out on developing the Consolidated Audit Trail (CAT) to Thesys Technologies LLC, a subsidiary of the proprietary trading firm Tradeworx, founded in 2009. To develop and implement the CAT, Thesys partnered with IBM (which was a bidder on its own, too), as well Rosenblatt Securities and law firm Latham & Watkins. “You had some big tech companies that really understand tech but maybe…