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Tag Archives: VIX

Safety Comes at Steep Prices in Options; Uncertainties Create a Pause For Market Participants; Is VIX Setting Up Like The August 2015 Correction? Newsletter,Options

Observations & Insight More Conferences By JLN Staff John Lothian & Co. is in London today for its Marketswiki Education series. It’s also LME Metals Week in London. We’ll keep you posted on both events. Meanwhile, there are more events to consider attending. Our friends at Baruch College and the Tabb Group are combining on a Financial Markets Conference in New York on Tuesday, November 1 at the William and Anita Newman Vertical Campus 14th floor, Conference Center. Robert Schwartz and Larry Tabb are the organizers. The sponsors include Bats Global Markets, BIDS Trading, CBOE Holdings Inc., CODA Markets, Instinet,…

Market change doesn’t have to be violent to hurt; U.S. Said to Probe Tullett, BGC, TFS-ICAP Over FX Options; Buy Side Looks to Fill Market-Making Vacuum Newsletter,Options

Observations & Insight Bits & Pieces Last call. Our MarketsWiki Education series in London will be held on Monday. Do you know any interns, students, or young professionals who would benefit from hearing about our industry from the likes of Scott O’Malia, Guy Simpkin, Steve Woodyatt, Steve Grob, Rob Russell, Andrew Gibbins, Cathy Lyall and more? It’s not too late to send them our way. Register http://bit.ly/1XxdC46. Hosted at the University of Chicago Booth School of Business, 25 Basinghall St, London EC2V 5HA, there are three 90 minute sessions: from 10:00 to 11:30, 13:00 to 14:30 and 15:00 to 16:30….

Nobel Laureate – Buffett’s WMDs Help Society; How air pollution on Wall Street might actually be bringing down the stock market; Commodity traders must go digital or face extinction – report Newsletter,Options

Observations & Insight Bits & Pieces JLN Staff The CME reported third quarter earnings this morning and a couple of items were worth noting. CME is making progress in its ongoing efforts to attract Asian customers. CME CEO Phupinder Gill told analysts that the region has been a strong contributor to CME’s metals and energy product groups. Volume in its natural gas options out of Asia rose 104 percent, and in metals, volumes from the region were up 44 percent. The other item worth mentioning is that the daily options volumes on CME’s Globex platform hit an all-time high in…

Uneasy Calm Grips Markets Suddenly Silent Before U.S. Vote; Option Writing Mutual Funds Gain Fans in Volatile Times; Rates Are Poised to Rise But the VIX of Treasurys is Super Low – What Gives? Newsletter,Options

Observations & Insight Stepping Forward in London By John J. Lothian Well, it is about time. I will be delivering my first presentation as part of MarketsWiki Education World of Opportunity in London on Monday. Due to a scheduling conflict, Jock Percy of Perseus had to withdraw from the event on October 31. Stuff happens and you roll with it. So it will be my turn to step up and be a presenter. The question in my mind is whether I can keep my presentation in the 12 to 14 minute segments we allow the speakers. I am going to…

An Options Contract That’s Not for the Faint of Heart; Why A Resilient Risk Management and Internal Control Infrastructure Matters; “Election Certainty” Not Showing Up In SPX Options Market Newsletter,Options

Observations & Insight Last Chance to Sign Up For London MarketsWiki Education World of Opportunity Event By John J. Lothian On Friday the registration for the MarketsWiki Education World of Opportunity event in London will close. You can still sign up your interns, newer employees or anyone interested here. The event is FREE and not to be missed. We have a great line-up of speakers, though we have a couple of changes to announce. Paul Christensen and Jeremy Grant had to step aside as conflicts came up. The FT’s Phillip Stafford has agreed to step in for Mr. Grant. We…

Dealing with structural complexity in global derivatives markets; The VIX – Not So Fearsome After All?; Treasury Yield Curve Flattens as Draghi Downplays Altering QE Newsletter,Options

Observations & Insight Run Gary Run By Jim Kharouf It has been almost two years since Gary Gensler left the Commodity Futures Trading Commission as perhaps its most talked about, debated and in some circles, despised chairman. To some, his unrelenting drive to pound home rules established by the Dodd-Frank Act was considered a declaration of war against the derivatives industry. To his supporters, his determination was lauded, and he was considered one of the guys who was ready to stand up to Wall Street and LaSalle Street all in the name of Main Street. Now Gensler has grabbed attention…

Double Miles?: CBOE’s Frequent Trader Program Looks to Reward Traders and Provide a Window into Traders’ Worlds Blog,Commentary,Options

So how many miles you got? For frequent fliers, piling up miles trip after a trip has its payoff. CBOE adopted just that approach for its end-user community, a group which has been somewhat of a mystery to the exchange. Last month, CBOE launched its Frequent Trader program, which gives rebates to traders who reach certain monthly trading thresholds. The program is designed to do two things – encourage individual traders to trade more of the CBOE’s exclusive products, SPX options and VIX options, and give CBOE a view of just who is trading them. The voluntary program establishes an…

John Lothian Newsletter: Discount Retailer Overstock Has New Target: Upending Wall Street; Goldman Sachs throws support behind IEX exchange application; European Dark Pools Expand in Face of Rules Limiting Their Use John Lothian Newsletter,Newsletter

First Read Chicago Board Options Exchange: Back to the Futures Spencer Doar – JLN Yesterday was the CBOE‘s annual press luncheon — a chance to hear from the horse’s mouth what has been going on in the stable. The key takeaway from CEO Edward Tilly and President/COO Edward Provost was the development of their next generation trade engine, CBOE Vector. Vector has been in the works for two years and and is ready to be rolled out, beginning in Q3 of 2016 for products listed on the CBOE Futures Exchange (CFE). The current system, CBOEdirect, traces its roots back to…

JLN Options: No Hedges? No Problem for Stock Traders Used to Resilience; Emerging-Market Stock Volatility Surges Most in 224 Weeks; The January SPY Strikes That Could Pose a Serious Threat Newsletter,Options

Observations & Insight VIX Weekly Futures Prices Rose 42% in First Week of 2016 Matthew Moran, CBOE Options Blog Jan. 10, 2016 – The first week of 2016 was a challenging one for many financial markets worldwide, as (1) It was the worst opening week of the year in history for both the S&P 500 Index (SPX) and the Dow Jones Industrial Average, (2) The Shenzhen Composite Index of Chinese stocks fell 14.2%, (3) Crude oil futures (Feb. WTI) fell 10.5%, and (4) The U.S. dollar posted its biggest weekly loss vs. the yen since August 2013. bit.ly/1ndtRFh ***DA: For…