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Tag Archives: Russell 2000

2017’s Low Volatility Was Not a Problem – Julie Winkler, CME Feature,Mwiki,Video,video

The industry will remember 2017 for the lack of volatility in markets despite global geopolitical uncertainty. But as the CME Group’s many new volume records show, that low vol regime didn’t seem to hurt the demand for risk mitigation on its platforms. In this second video of JLN’s annual series with industry leaders, CME Chief Commercial Officer Julie Winkler talks about the successful return of the Russell 2000 suite of products (CME’s largest sales campaign to date), the launch of bitcoin futures, the upcoming launch of the exchange’s Secured Overnight Financing Rate (SOFR) futures and the continuing issues with the…

CAT to boost cybersecurity threat?; FX markets stuck in low-volatility; Light trading volume in banks’ results Newsletter,Options

Lead Stories Audit Trail Could Boost Cybersecurity Threat, Exchanges Say Benjamin Bain – Bloomberg CBOE’s Concannon sees little benefit gained for greater risk; SEC facing calls to delay CAT until security can be ensured Stock exchanges could become more exposed to cyberattacks through a trade database being built to help U.S. regulators police markets, industry executives said Tuesday. jlne.ws/2ygTyNx ****SD: Not to be lost in this ongoing discussion: SROs helped write the requirements for the CAT. FX Markets Are Stuck in Low-Volatility Quicksand With No Escape Dani Burger – Bloomberg Currency markets are trapped by low volatility and only a…

White House Weighs Renominating Ex-House Aide to CFTC; Russell 2000 Index Futures and Options to Return to CME Group July 10; Big US banks defy calls they should be broken up John Lothian Newsletter,Newsletter

First Read Good Friday By John J. Lothian Many markets are closed today for the Good Friday holiday. This was not always the case. I spent many a Good Friday in my day working my trading desk for markets that were open. Yesterday I learned something about the word “Eucharist” when a customer of the Jewish faith wished me “Happy Thanksgiving.” Eucharist in Greek means Thanksgiving. My minister shared this definition during our church’s Maundy Thursday service. Many years ago, when I was on the board of deacons of the church I grew up in, we used to recreate the…

JLN Financials: Fed’s Janet Yellen, in Testimony, Counsels Patience on Interest Rate Increase; ECB Denies It Plotted to Burn Greece Bondholders in 2012; Germany Sells Five-Year Debt at a Negative Yield Financials,Newsletter

First Impressions Building Bricks: T-Bricks Could Be New Cornerstone For ORC JohnLothianNews.com Jonas Hansbo and his team left ORC in 2006 to focus on his own brand of trading and financial technology with a startup called T-Bricks. But Hansbo and his colleagues were brought back to the mothership in January when when ORC purchased T-Bricks. Now, Hansbo said the two firms will bring their respective strengths together. “ORC has been evolving since we left it, and very much focused on reinventing their electronic trading platform for connectivity and electronic execution,” Hansbo said. “So what we thought would be a very…

Just Floored: Who Says Jeff Sprecher hates open outcry? Blog

Open outcry is still alive and well in New York. The New York Stock Exchange opened a new trading floor for the NYSE Amex options market this week, a completely renovated space that also houses: NYSE’s US cash equities, ICE Futures US members, NYSE Arca’s customer service and the NYSE/ICE’s national operations center. The 7,000-square-foot space, with 22-foot ceilings, has been renamed “The Buttonwood Room,” a tip of the cap to the origins of the NYSE, and a shift away from the room’s less than flattering name of “The Garage,” as it was called when it originally opened in 1922….

Small Caps Coming Up Big: Russell’s Pat Fay on the One-Year Anniversary of the CBOE Russell 2000 Volatility Index Options,Video

Investors have been flocking to equities lately, but the interest in small caps is apparently outpacing that in large caps, measured by closing prices for the RVX compared to large cap implied volatility as measured by the VIX prices. The CBOE Russell 2000 Volatility Index (RVX) futures contract was launched on November 18, 2013. One year later, JLN caught up with Patrick Fay, director of listed derivatives for Russell Investments, at FIA Expo Chicago, to talk about the RVX index and small cap volatility. Small cap volatility has always tended to be higher than large cap volatility, but this gap…

Index Evolution: Guillermo Cano Looks at the New Generation of Equity Indexes Financials,Interview,Options,Video

Russell Indexes has long been known as “the small-cap company,” due to the success of its flagship Russell 2000, which is comprised of the smallest 2000 stocks by market capitalization. These firms’ market caps range from roughly $129 million to $2.6 billion, as of May 2013, and represent the bottom two-thirds of the 3000 largest publicly held firms in the U.S. According to Guillermo Cano, Senior Product Manager at Russell Investments, the firm has evolved considerably since its start in 1984. In fact, equity indexes in general have come a long way in recent years. “The indexes we created in…

Small Cap Splash: Russell’s Pat Fay Talks About CBOE’s Latest Volatility Contract Interview,Options,Video

Pat Fay

The CBOE Volatility Index futures, or VIX, has been THE most successful futures contract in recent years. With the VIX posting record volumes this year, the exchange and Russell Indexes say now is the time to launch the Russell 2000 Volatility Index futures or RVX. John Lothian News sat down with Russell Investment’s Pat Fay to talk about RVX and its potential, especially versus other indexes like VIX and the European volatility index VSTOXX. Fay says the appetite for a small cap stock volatility futures is strong, especially among money managers looking to incorporate volatility hedges into their portfolios. “Clients…