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Tag Archives: volatility

Bats acquisition boosts confidence in CBOE; CBOE reaches for new heights with $3.4 billion deal for Bats Global Markets; U.S. Initial Jobless Claims Drop to Lowest in Almost 44 Years Newsletter,Options

Lead Stories Bats acquisition boosts confidence in CBOE Jiefei Liu – Medill Reports Chicago Chicago-based CBOE Holdings Inc. is riding high on its just-completed $3.4 billion acquisition of Bats Global Markets Inc. as analysts and investors focus on the global markets and cutting-edge electronic trading technology that CBOE gains in the deal. Optimism about the newly combined company has overcome concerns about falling profit and rising expenses at CBOE in the past year that are expected to continue in 2017. jlne.ws/2mPSzLt CBOE reaches for new heights with $3.4 billion deal for Bats Global Markets Robert Reed – Chicago Tribune There’s…

Old School Trading Pits to Remain After High-Tech Exchange Deal; Volatility, inflation risk are compelling investments in ’17 – Pimco; U.S. Listed Options Volumes Hinges on More Market Volatility in 2017 Newsletter,Options

Lead Stories Old School Trading Pits to Remain After High-Tech Exchange Deal Brian Louis – Bloomberg When Roma Colwell-Steinke arrived at the Chicago Board Options Exchange in October 1989, she couldn’t believe how many floor traders there were in their colorful jackets, calling out orders. “We get to the gallery there and I looked out at the CBOE and I’d never seen anything like that,” said Colwell-Steinke, who was in her 20s at the time. “There are 4,500 people running around all over.” jlne.ws/2mLb7g9 ***JB: Fun Fact — The Art Institute of Chicago has a life-sized reconstruction of an old-fashioned…

CBOE Joins S&P 500 Just After Completing BATS Acquisition; A Final Farewell from BATS’ Concannon; Vanishing Volatility Is No Obstacle for ETPs Betting on Stock Turmoil Newsletter,Options

CBOE

Lead Stories CBOE Joins S&P 500 Just After Completing BATS Acquisition Victor Golovtchenko – Finance Magnates CBOE Holdings, the holding company of the Chicago Board of Options Exchange, is on its way to join the S&P 500 stocks benchmark. The news comes just a day before the company is to complete its acquisition of BATS Global Markets. Commenting on the news, the CEO of the company Edward Tilly said: “We are honored to join ranks with other great blue chip companies listed in the S&P 500. This recognition highlights our company’s continued strong growth since going public in 2010 and…

Trillions of Dollars Are at Stake When Trump Speaks to Congress; Options volume Could Get A Boost From Trump’s Volatility; The Fed is worried about a key measure in the stock market (VIX) Newsletter,Options

Observations & Insight I Heart Alexa John Lothian News Yes, we do love technology and maybe you can too. Help us out with a 3-minute JLN survey so we can learn a bit more about our readers as well as what you like and what you don’t like about our publications and websites. It’s also a great place to leave us comments and suggestions for future content and services. If you fill it out, you could win an Amazon Echo, which answers just about everything but cannot take our survey. Here’s the link to the survey. Alexa says thanks! Lead…

Now Even the Fed’s Worried That Stock Volatility Is Too Low; Growth in U.S. Listed Options Volumes Hinges on Sustained Market Volatility in 2017; Only ‘Blind Faith’ Could Cause Me to Be Long This Market Newsletter,Options

Observations & Insight Bits & Pieces By John J. Lothian William “Bill” Hagerty, Jr., former chairman of the Chicago Board of Trade and one of the industry’s great gentlemen, has passed away at the age of 87. Bill was the head of what was once the longest tenured member firm of the CBOT, Hagerty Grain, and was a customer of mine when I was a broker. From that relationship I had the opportunity to get to know Bill and came to respect him greatly. When I ran for the NFA Board of Directors back in the early 2000s as an…

Euro Hedging Costs Surge as Traders Respond to Political Risk; Understanding the Trump Rally; Taxes more than gains? Yes, if you don’t exit your options in time Newsletter,Options

Observations & Insight Take Our Survey – Again By Jim Kharouf, JLN Editor-in-Chief & CEO Sometimes these things happen. The link we provided yesterday only allowed one person to take the survey. We know there are more than one of you willing and able to take it. Here’s the link. Please take a few minutes to help us out about what you like and what you don’t like about our publications and websites. The questions are supposed to be fun, funny and for us, enlightening. It’s also a great place to leave us comments and suggestions for future content and…

CBOE Holdings’ Acquisition of Bats Global Markets Expected to Close February 28; Where Should The VIX Really Be?; Catalyst Capital Says Don’t Blame Us for Stock Market Swings Newsletter,Options

Observations & Insight Odds & Ends Jim Kharouf, JLN A busy day around Chicago yesterday. FIA held its Washington update lunch, where FIA President and CEO Walt Lukken told the audience that the pendulum on regulation is shifting back. He is hopeful that the new administration will adopt its recommendations for: smart regulation, open access to global markets and a focus on innovation from regulators. How this all comes about is still to be determined. We will have more from Walt soon on all three topics. Later in the day, I checked out the new trading platform from tastytrade at…

Investors Look Past Headlines as Bull Market Roars Ahead; Wall Street’s Trading Revival Risks Relapse as Volatility Ebbs; Why the VIX Has Been Acting So Weird Newsletter,Options

Observations & Insight Bits & Pieces By John J. Lothian We have added Johan Toll of Nasdaq to our March 1 Stockholm MarketsWiki Education World of Opportunity event. He will speak about blockchain. Unfortunately, Patrick Thornton-Smith of Duco had a conflict come up and will not be able to present. We hope to get PTS in the fall in London. John Damgard has agreed to speak at our July 21 event in Chicago. We are beginning work on lining up speakers for this summer’s series. Chicago is scheduled for July 17, 19 and 21. New York is set for July…

U.S. investors brace for mounting political risks as they decode Trump; Volatility Traders Shed VIX Positions as Markets Are Eerily Calm; The Volatility Limbo Newsletter,Options

Lead Stories U.S. investors brace for mounting political risks as they decode Trump David Randall and Jennifer Ablan – Reuters Barry James built up his $4 billion mutual fund largely by studying balance sheets, earnings and market share. In the last few weeks, however, he has realized that he must look at a new force in the market: U.S. President Donald Trump. /goo.gl/iGS2KU ****SD: Out of everybody, I bet Nick Cage and Tom Hanks could figure out how to decipher the code of Trump. Volatility Traders Shed VIX Positions as Markets Are Eerily Calm Carolina Wilson – Bloomberg Assets in…