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Tag Archives: risk parity

NASDAQ’s Longfin options tangle; Creative FX trades; Manipulation talk Newsletter,Options

Lead Stories Now NASDAQ gets in a tangle Jamie Powell – Financial Times Last month we published a story on Longfin, a Nasdaq listed trade-finance company with a tenuous link to blockchain technology and hence an excessively high market capitalisation. To recap, FTSE Russell decided to add Longfin to its Russell 2000 and 3000 small-cap indexes. Index funds then bought shares for their various products. There was one problem though. /goo.gl/7p4WD7 ****SD: “Tomorrow, 26,951 of Longfin put options will expire, representing 2,695,100 shares as each options contract is for 100 shares. In other words, the rights to sell account for…

Don’t hate the game, hate the players; Volatility investors – once bitten but not shy; Vol funds worked – that’s the problem Newsletter,Options

Observations & Insight The VIX Can’t Cause Vol – Cboe’s View on Volatility ETPs Spencer Doar – JLN As volatility began to surge in February, and then exploded on the fifth of the month, exchange traded products (ETPs) that shorted or provided inverse exposure to VIX futures came under fire. The two most popular, Credit Suisse’s VelocityShares Daily Inverse VIX Short-Term exchange traded note (ETN), ticker XIV, and ProShares’ VIX Short VIX Short-Term Futures exchange traded fund (ETF), ticker SVXY, were the main focus, as they suffered huge losses. Trading in them was halted and then Credit Suisse announced it…

Map to the Volatility Underworld; Nasdaq Moves to Midtown; Crypto “Ponzi” Schemes? John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff John Lothian News is pleased to welcome Chuck Mackie as a contributing editor. Chuck will be helping us with event coverage and a yet to be disclosed project. Stay tuned. Welcome, Chuck!~JJL EEX, the Eurex power and commodities exchange, is looking at blockchain for its spot and clearing businesses, including a deal with LO3 Energy, a US-based energy-tech company.~JK Boatloads of content in yesterday’s JLN Options newsletter. If you’re not getting it, feel free to sign up, because, well, it’s free to sign up.~SD JLN updated the VIX page in Marketswiki yesterday. The…

TradeStream Analytics targets Equinix in antitrust litigation; Volatility Might Be Awakening From a Coma, But It’s Still Groggy; VIX corralled again Newsletter,Options

Observations & Insight Happy Fourth of July Friendly neighborhood editor here: There will not be an edition of JLN Options on Monday, July 3 or Tuesday, July 4. We will be back in action on Wednesday. For everyone stateside, have a great holiday. And for those of you who are into all things black powder, remember, safety first.   Lead Stories TradeStream Analytics targets Equinix in antitrust litigation Maria Nikolova – FinanceFeeds Equinix is accused of violations of the Sherman act (Monopolies and Combinations in Restraint of Trade), as TradeStream says Equinix misused its alleged monopoly in low latency access…

JLN Managed Futures: Risk Parity, CTA Flows ‘Pose Risk for Fundamental Investors,’ JPMorgan Says; CTA/managed funds lose out to global macro allocations; ‘Alternative’ Mutual Funds Providing Limited Protection Managed Futures,Newsletter

Observations/Commentary CTA Expo Update Doug Ashburn – John Lothian News CTA Expo returns to Chicago on September 17, 2015, at the UBS Center at 1 N. Wacker Dr. On the afternoon of the 16th, there is a half-day program for registered traders,”The Rules of the Game – Business Guidelines for Emerging Managers.” I will be co-hosting the 3 pm session along with BarclayHedge president Sol Waksman on the effective use of media and databases in an emerging manager’s marketing plan. CTA sells out every year, so sign up today. Historically, registered capital sources make up a little less than half…