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Tag Archives: Quantlab

Liquidity the next meltdown trigger; Quantlab “coup”; China’s puttable bonds Newsletter,Options

Observations & Insight RCM Alternatives Infographic – Top 100 Managed Futures Programs ****SD: RCM Alternatives put together this cool infographic covering the big players in managed futures. You’re going to want to click the image to blow it up. Lots of details in there. The largest vol fund – Catalyst Hedged Futures Strategy from Catalyst Capital Advisors – comes it at 26th overall. ++++ Tuesday’s Miscellany Spencer Doar – JLN On August 7, the FIA will host a webinar covering futures and options volume trends in the first half of 2018. You can register here. According to Amir Khwaja of…

‘Tyrannical Coup’ at Quantlab; Northern Trust Looks at Crypto Custody Business John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Thank you to the Stuart School of Business at Illinois Tech for hosting the first two sessions of the MarketsWiki Education World of Opportunity series in Chicago this week. The series is off today, but on again Thursday in the offices of Trading Technologies.~JJL Thank you to our speakers for the first two days. We had some great presentations and stories shared.~JJL The American Financial Exchange (AFX) posted a record trading day of $1.043 billion notional across all interest rate products on July 30. Last week was also a record week, with $4.66…

HFT – Not so flashy anymore; Vicious VIX; JPM Head Quant Warns Of “Catastrophic Losses” For Short Vol Strategies Newsletter,Options

Observations & Insight An Excerpt of Note Spencer Doar – JLN I am re-reading “Liar’s Poker” because…I don’t really know why — maybe it’s just summer instinct with all these reading lists floating around. Anyway, about a quarter of the way in, there’s a notable anecdote from Michael Lewis’ training program at Salomon: “‘When you trade equity options,’ asked my friend Franky, ‘do you hedge your gamma and theta or just your delta? And if you don’t hedge your gamma and theta, why not?’ The equity options specialist nodded for about ten seconds. I’m not sure he even understood the…

Departures signal a changing of the guard in HFT; LSE to acquire bond indices from Citi for $685 million; What Makes a Bank Big? John Lothian Newsletter,Newsletter

First Read What Options Leaders Are Thinking Jim Kharouf Today marks the launch of our Options Industry Council exchange leaders series, sponsored by the OIC and OCC. We will feature interviews with options market leaders from NYSE, Nasdaq, CBOE, MIAX and BOX, with each talking about what they accomplished in recent months and what is on their priority lists for the second half of the year. Filmed at the Options Industry Conference earlier this month, we kick off the series with Ivan Brown, senior director, head of options at NYSE. Take a look. There’s a lot to cover in just…

Sterling Trading Tech to Acquire CBOE’s Livevol X Trading Platform; Teza sells high-speed trading as lucrative business sours; Placid markets mask investor fear that equity turmoil looms Newsletter,Options

Observations & Insight Bits & Pieces By John J. Lothian This morning we present the first of our MarketsWiki Education World of Opportunity videos from Stockholm. Peter Fredriksson of Baymarkets is the first up with a story about Stockholm. My phone experienced a series of text messages yesterday as NYSE Arca Equities had electronic trading problems late in the day. Here is the System Status page with the details on the problem. It was ten years ago when I went to the FIA Boca Raton conference with an idea: MarketsWiki. It was there I pitched various firms about the idea….