I am not a futures broker… anymore that is. Wow! What a feeling! (See Taking My Own Advice from Friday for why.) Since 1984 I have worked for a futures brokerage firm, been a futures broker, or a proprietary trader. Of course, since 2000 or 2003, depending on your perspective, I have been in the media business too. As a futures broker, you have a lot of risk. Your clients are risk takers. They are speculators who have assumed the risk of hedgers. Or, your clients are hedgers. And they are laying off their cash market risk in the futures…
Tag Archives: risk management
JLN Environmental/Energy: EU OKs 3 states to keep free CO2 permits; EU Carbon Price Increases Would Intensify Crisis, Poland Says; UN urges countries to impose global taxes to boost aid Environmental/Energy,Newsletter
JLN Environmental/Energy: EU Must Avoid Short-Term CO2-Supply Fix, BusinessEurope Says; ICAO Carbon-Cut Plan Will Mask Emissions Output: Engineer; New agriculture offset protocol expands opportunities for farmers to participate in the carbon market Environmental/Energy,Newsletter
JLN Options editor Sarah Rudolph spoke to Steve Crutchfield, CEO of the options business at NYSE Amex, about the 2012 Security Traders Association of Chicago (STAC) Conference and upcoming trends impacting the options market. Crutchfield, who spoke on a STAC panel titled “Cross Product Exchange Leadership,” discussed the Volcker rule and its effect on options, as well as trends in options volumes for 2012. Visit the NYSE Amex website. To see the agenda from this most recent STAC conference, click here.