Observations & Insight Bits and Pieces SD– JLN While the war of words over Cboe’s end-of-day trading proposition regards equities, we’re going to keep you updated, since the players involved are options exchange groups, too. Today’s news pertains to Cboe and Nasdaq – the two biggest options exchange groups by market share in the U.S. Plus, there are thoughts that, if implemented, the new closing process could affect volatility around the close, which is an options angle. Anyway, Nasdaq CEO Adena Friedman called the proposal “irresponsible” and “really bad for investors” and urged regulators to give it a harder look….
Tag Archives: options volumes
Options Market Structure Issues; Timely VIX Hedging; No SPY Alternative for Traders Newsletter,Options
Observations & Insight Turn Yourself In, It’ll Be Easier: Bank Cooperation On Spoofing Charges Saves Millions Jim Kharouf – JLN Over the past several months, there has been a fair amount of talk about the Commodity Futures Trading Commission’s push on the so-called “self-reporting” initiative launched last September and aimed at taking it easier on firms that come forward with wrongdoing. Yesterday’s announced spoofing charges and fines include one of the first such self-reporting cases, with HSBC Securities settling for $1.6 million, Deutsche Bank for $30 million and UBS for $15 million. For the rest of the commentary, click HERE…