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Tag Archives: Vela

Robinhood Is Making Millions Selling Out Their Millennial Customers To High-Frequency Traders Newsletter,Options

Observations & Insight Monster’ Hurricane Florence to pummel U.S. Southeast for days Ernest Scheyder – Reuters Hurricane Florence, on track to become the first Category 4 storm to make a direct hit on North Carolina in six decades, howled closer to shore on Tuesday, threatening to unleash deadly pounding surf, days of torrential rain and severe flooding. /goo.gl/J6r6DL Lead Stories Robinhood Is Making Millions Selling Out Their Millennial Customers To High-Frequency Traders Logan Kane – Seeking Alpha Robinhood is marketed as a commission-free stock trading product but makes a surprising percentage of their revenue directly from high-frequency trading firms. It…

The Spread – Caddyshack Market – 8/17 The Spread,Video,video

Another week, more Turkey worries. We don’t talk about that at all in this week’s options news recap, instead taking a peek at security, average bid/ask spreads and regulation.  The following are stories referenced in this week’s “The Spread”:  WIRED – Online Stock Trading Has Serious Security Holes Tabb Forum – July Options Market Quality Best in Almost 5 Years Tradeweb – Tradeweb Brings RFQ Trading To The Options Industry WSJ – Banks Say No Thanks to Volcker Rule Changes Other important stuff:  Vela – Vela announces key executive appointment; Peggy Sullivan joins as Chief of Staff The Trade – Controversial US derivatives rules resurface…

NYSE vet Peggy Sullivan joins exec team at Vela; Nvidia’s Crypto Business Dries Up John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff SGX reported an open interest record in its USD/CNH futures contract on August 16 of 49,631 contracts, with a notional value of $4.96 billion.~JK The WILD Chicago Event: Sexual Harassment at work in the #MeToo Era, which was originally scheduled to take place August 16, has been rescheduled for October 4, 2018. The event, presented by Women in Listed Derivatives, will be conducted by Jennifer Schoen Gilbert of Stowell & Friedman, Ltd., a law firm dedicated to defending employees’ civil rights including against sexual harassment. The workshop will provide an open ended discussion…

No rejoicing yet over Volcker ; Options liquidity concerns Newsletter,Options

Observations & Insight Vela’s Plans Post-Acquisitions JohnLothianNews.com In this video from the 36th annual Options Industry Conference (OIC) in Amelia Island, Fla., Vela CEO Jennifer Nayar talks about where the company sees opportunity after its acquisition of OptionsCity and Object Trading in the summer of 2017. Watch the video here » ****SD: Other Vela news this week – Alexandria McGrath of Vela recognized as a Rising Star; CEO Jen Nayar also named Woman of the Year by Markets Media Lead Stories Why Wall Street Traders Aren’t Rejoicing (Yet) Over Volcker Rule Yalman Onaran – Bloomberg Wall Street has long derided…

Vela’s Plans Post-Acquisitions Feature,Mwiki,Video,video

In this video from the 36th annual Options Industry Conference (OIC) in Amelia Island, Fla., Vela CEO Jennifer Nayar talks about where the company sees opportunity after its acquisition of OptionsCity and Object Trading in the summer of 2017.   Produced by Mike Forrester Interview by Spencer Doar

Top Options Stories of 2017 Countdown Feature,Video,video

Correction: SROs did NOT begin reporting to the Consolidated Audit Trail in November – the deadline for implementation was indeed delayed.  For a CAT update, see our January 2018 video with Thesys CAT Chief Compliance Officer Shane Swanson.  Listicles are occasionally the butt of jokes – Buzzfeed knows – but what about listideos? With 2017 in the bag, we at JLN thought we’d recap the year in options with a list of the big stories and trends – and there were a number. Below are links to stories referenced in the countdown. When a theme is addressed, the linked story…

They’re The World’s Fastest Traders. Why Aren’t They Thriving?; Vela agrees Object Trading acquisition; ICE Benchmark Administration to Become Administrator for the LBMA John Lothian Newsletter,Newsletter

First Read On The Move: Vela Makes its second fintech acquisition in the last two months, acquiring Object Trading in addition to the OptionsCity deal that closed in June. Sarah Rudolph, John Lothian News Vela Trading Technologies has been on an acquisition binge since rebranding from its former incarnations as SR Labs and Wombat Financial Software – at least, if you can call two a binge. Less than a month after buying OptionsCity, the fintech company that provided electronic options and futures trading, Vela has announced it will acquire Object Trading, a global direct market access provider located in London….

On The Move: Vela Makes its second fintech acquisition in the last two months, acquiring Object Trading in addition to the OptionsCity deal that closed in June. Blog,Feature,Mwiki

Vela Trading Technologies has been on an acquisition binge since rebranding from its former incarnations as SR Labs and Wombat Financial Software – at least, if you can call two a binge. Less than a month after buying OptionsCity, the fintech company that provided electronic options and futures trading, Vela has announced it will acquire Object Trading, a global direct market access provider located in London. According to Vela’s CEO, Jennifer Nayar, Vela is very strong in the market data space but not as much in direct market access, and the Object Trading acquisition helps Vela to be a “much…

Virtu and Citadel Securities go head to head in HFT; Multi-asset services key for buy-side execution; Why do asset prices move? Newsletter,Options

Observations & Insight Things I Learned About Finance Bros by (Briefly) Dating a Finance Bro Tara Isabella Burton – The New Yorker It’s not that they’re actually ever mad at the valet. They just want him to learn. /goo.gl/d7Tmpa ****SD: Good for your daily dose of laughs (and some cringes). “They will take you to very trendy experimental-cocktail bars that they read about on Gothamist. They will encourage you to try something with twenty ingredients. They will order an Old Fashioned. Every. Single. Time.” Lead Stories Virtu and Citadel Securities go head to head in HFT Philip Stafford and Nicole…