JLN Options: AFP: Tie-up with NYSE Euronext not vital for Deutsche Boerse

Jan 30, 2012

Lead Stories

AFP: Tie-up with NYSE Euronext not vital for Deutsche Boerse
By Etienne Balmer (AFP) – 1 day ago
FRANKFURT — The proposed merger of Deutsche Boerse and NYSE Euronext — which now looks almost certain to fail — is not vital for the German company’s survival, say analysts and industry experts. According to NYSE Euronext chief executive Duncan Niederauer, there is only a “glimmer of hope” that the tie-up, which would create the world’s largest market operator, will be approved by European competition authorities.
EU competition authorities opened a probe into the deal in August over concerns that the merged company would control 90 percent of the European derivatives market.
http://jlne.ws/AyoV2Y

U.S. Stock Futures Slide on Greece Debt Concerns; Thomas & Betts in Focus
Forbes
Options volume remained mildly bullish on Friday, with calls maintaining their edge over puts on the session. Overall, the Chicago Board Options Exchange (CBOE) saw 1.98 million calls trade compared to 1.7 million puts. As a result, the single-session CBOE total put/call volume ratio finished at 0.88, down moderately from Thursday’s reading of 0.98.
http://jlne.ws/xqET2Q
U.S. Stock Options With Biggest Changes in Implied Volatility
By Bloomberg News – Jan 30, 2012
The following are the U.S. stock options that had the biggest percentage changes in implied volatility from the previous trading day as of 11:30 a.m. in New York. This {OSCH } search was limited to options that are more than 10 days from expiration, have trading volume of at least 200 contracts and have strike prices within 5 percent of the underlying security’s price.
http://jlne.ws/AuKlqz

Exchanges

Nasdaq Earnings Preview: What We’re Watching
January 30th, 2012 by Trefis Team
Nasdaq OMX (NASDAQ:NDAQ) is going to announce its fourth quarter earnings on Wednesday, February 1, 2012. Last quarter, the company benefited from the increase in trading volume and reported an all time high revenues of $438 million. In the fourth quarter, however, the company will be hard-pressed to match the third quarter’s trading surge as fears over the debt crisis in Europe coupled with the slowdown during the holidays weighed on the trading revenues. Nasdaq OMX provides trading, exchange technology, securities listing and public company services and competes with CME Group (NASDAQ:CME), NYSE Euronext (NYSE:NYX), IntercontinentalExchange (NYSE:ICE) and CBOE Holdings (NASDAQ:CBOE).
http://jlne.ws/woO0nl
 ICE Brent Crude Benchmark Reaches Open Interest of One Million Contracts
LONDON, Jan. 30, 2012 /PRNewswire via COMTEX/ — IntercontinentalExchange /quotes/zigman/373487/quotes/nls/ice ICE -0.82% , a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, announced today that the benchmark ICE Brent Crude futures contract reached a new record open interest level of 1,001,286 contracts on 26 January, 2012.
http://jlne.ws/xZyG4V

Technology


Scaled Dynamics, Inc. Joins CQG’s Certified API Partner Program
Press Release January 30, 2012 – Scaled Dynamics, Inc. is proud to announce that it has joined CQG’s (www.cqg.com) Certified API Partner Program. Scaled Dynamics’ GateKeeper application, a multi-platform front-end trading interface, will offer a full suite of automated trading tools utilizing CQG’s market data and order entry. Consultants are also available to build custom-tailored solutions for individual execution or risk management needs.
“We are pleased to welcome Scaled Dynamics to our API partner program,” said Mark Fischer, CQG’s Vice President of Product Management. “The combination of Scaled Dynamics’ ability to deliver a range of custom trading solutions together with CQG’s extensive exchange connectivity is a win for traders seeking flexibility and global reach.”
http://jlne.ws/AacyKf

Strategy

An Options Strategy Beats the S&P
By STEVEN M. SEARS, Barrons.com
Writing covered calls would have increased performance smartly over the past five years, Goldman finds. A baker’s dozen stocks that could benefit.
Only fools and suckers do nothing but hope that stock prices rise. But too many investors have recently lost too much money doing just that.
All across America, people are receiving annual investment reports and many are having glum talks with brokers about why their stock portfolios barely budged in 2011. Those people, especially retirees and those on the cusp of what was once dubbed the Golden Years, lost an all-important year of returns.
THE TYPICAL STOCKBROKER’S EXPLANATION—that the Standard & Poor’s 500 ended the year roughly where it began—is of little solace to those who depend on investment portfolios to help finance their retirement. http://jlne.ws/wn0dP1

Complete Volatility Review

By Mark Sebastian TheStreet
This complimentary article from Options Profits was originally published on January 23 at 7:38am EST.
At some point I am going to stop being bearish on the volatility complex. However, that time has not come yet. While this week we saw, for the first time in a long time, the CBOE Volatility Index (VIX) end slightly higher, and the SPX end slightly lower I don’t think it is much cause for alarm. Let’s examine the market’s movement instead of the market’s direction.
http://jlne.ws/yOsvMZ


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