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Tag Archives: PHLX

The Patent World Blog,Feature,Investing & Trading

We’re back in court today. On Friday, Nasdaq filed suit against Miami International Holdings, the parent company of MIAX, the youngest of the U.S. options exchange groups. Nasdaq announced it had filed suit for patent infringement and theft of secret information by MIAX, which has hired a number of former Nasdaq and International Securities Exchange professionals. According to Bloomberg, the Nasdaq suit claims that “MIAX instead relied on or piggybacked off of the Nasdaq trade secrets and other technical know-how acquired by former Nasdaq employees during their tenure at Nasdaq.” Nasdaq is asking the court to force MIAX to stop…

A Grateful Goodbye from Barry Nobel Blog

Good afternoon,  I will be leaving the exchange in August.  This has not been an easy decision.   I joined the PHLX staff in 1999, planning to stay for only six months.  2016 will mark my 32nd year at the exchange – 16 years as a member and 16 years on staff.    Over the years, I’ve made many good friends both on the trading floor and working in the offices of PHLX and NASDAQ.  In some ways, it seems like it was only yesterday that I moved to Philadelphia to trade options and start a new career.     But time has indeed marched on…

A Grateful Goodbye from Barry Nobel Blog

Good afternoon,  I will be leaving the exchange in August.  This has not been an easy decision.   I joined the PHLX staff in 1999, planning to stay for only six months.  2016 will mark my 32nd year at the exchange – 16 years as a member and 16 years on staff.    Over the years, I’ve made many good friends both on the trading floor and working in the offices of PHLX and NASDAQ.  In some ways, it seems like it was only yesterday that I moved to Philadelphia to trade options and start a new career.     But time has indeed marched on…

Two Words Blog

By Tim Lothian As summer rolls along and I realize that July 17 is a whole lot closer to college move-in day than graduation, I have to prepare myself for the next stage in my life. But before I do that, I have to say something important to this community of readers. I must say, thank you. Two simple words, yet they can pack a punch of meaning in the right context. It’s a thank you for the countless boxes of popcorn bought that supported my scouting career. Because of you, I’ve been to the Boundary Waters of Minnesota, Washington,…

JLN Options: Nasdaq’s PHLX Options Market Has ‘Issues,’ Halts Some Trading Newsletter,Options

Lead Stories Nasdaq’s PHLX Options Market Has ‘Issues,’ Halts Some TradingJacob Bunge, NASDAQNasdaq OMX Group Inc. ( NDAQ ) on Thursday halted trading in some stock-options contracts on its largest options exchange due to “system issues,” according to notices sent to traders.http://jlne.ws/12ykG3b NYSE Looks to Cull List of Penny NamesPeter Chapman, Traders MagazineIn a move intended to reduce quote traffic and the exchange operator’s administrative burden, NYSE Euronext is proposing to cut significantly the number of options subject to penny trading and to end the so-called “Penny Pilot” program.http://jlne.ws/12ylOUm 5 Theories Behind the VIX Stagnation  Adam Warner, Schaeffer’s Investment ResearchThe market…

JLN Options: NYSE Arca Options announces Mini Options Launch Date of March 18, 2013 Newsletter,Options

New Restoring Customer Confidence Video The second video in our Restoring Customer Confidence series deals with customer segregation. Each week we will post a new idea answering the question – how do you restore customer confidence and bring traders back? Restoring Customer Confidence More ideas» Customer Segregation: A Clear View MarketsWiki.tv Moving excess customer funds to a clearing house is one way to reduce the amount of capital at risk. Byron Baldwin, SVP, Buyside Relations at Eurex, says his exchange developed segregated account services that can be as wide or granular as needed. Watch the video » This video is…