JLN Options: Options Traders Pile On After Apple Decline

Dec 6, 2012

Lead Stories

Options Traders Pile On After Apple Decline
Alexandra Scaggs, The Wall Street Journal
Options traders piled on to the selloff in Apple Inc. on Wednesday morning, and trading indicates they see more big swings ahead.
http://jlne.ws/UpUoL6

Futures merchants must adapt to survive, TABB
Richard Henderson, The Trade
Futures commission merchants (FCMs) must provide new services and improved capital management to mitigate lower volumes and new rules, while 15% may quit the business, according to new research.
http://jlne.ws/QKmbb2
** Here is the press release from TABB on this subject: http://jlne.ws/SAVx2M –JB

The ‘Fiscal Cliff’ a ‘Bungee Jump’ for Markets: Expert
Jean Chua, CNBC
As the prospect of the U.S. economy falling off a “fiscal cliff” looms large, keeping stock markets on edge, one technical analyst says falling off the “cliff” is likely to end up being a non-event for equities.
http://jlne.ws/SAVaVK

Exchanges

Traditional Options Exchanges Hold Off Newer Rivals
Peter Chapman, Traders Magazine
Mirror, mirror on the wall, who’s got the best marketplace of them all?
According to recent statistics published by Tabb Group, that honor goes largely to the group of four traditional pro rata options exchanges. On average, they bested their newer, time-priority rivals in four categories that purport to measure market quality.
http://jlne.ws/QKlKxr

IMKB anf NYSE Liffe to launch on Turkish stocks and the IMKB 30 index
Press Release
İstanbul Menkul Kıymetler Borsası (IMKB) and NYSE Liffe, the European derivatives business of NYSE Euronext, today announced the launch of futures and options contracts based on some of the constituents of  the IMKB 30 Index. The new contracts will be available for trading before the end of this year on IMKB and in the first quarter of 2013 on NYSE Liffe London market.
http://jlne.ws/SAUX53

Prediction Market ‘Bets Of Bitcoin’ Available To U.S. Customers
Jon Matonis, Forbes
Launched in August 2011, Bets of Bitcoin is an anonymously-operated prediction market using the cryptographic money bitcoin.
http://jlne.ws/SAUxM8
** A legal Intrade alternative? (assuming you want to mess with BitCoins)  –JB

Regulation

CFTC: Single Family Offices Off the Hook
Christiana Cefalu, Barron’s
Good news for single-family offices emerged last week in a letter from the Commodity Futures Trading Commission (CFTC). The Commission notified single-family offices that it wouldn’t take enforcement action against them for failing to register as commodity pool operators (CPOs), roughly the commodity-trading counterpart to being a multifamily office wealth advisor under new SEC regulations. Lots of costs and paperwork were thereby avoided.
http://jlne.ws/QKluOO

Another Top SEC Official to Leave
Eric Volkman, The Motley Fool
The Securities and Exchange Commission’s director of the Division of Trading and Markets is leaving the financial regulator, the SEC has announced.
http://jlne.ws/SAUdgq

Strategy

The Most Important Step in Options Trading
Andy Crowder, Wyatt Investment Research (via NASDAQ)
The first, and most important step in options trading, is to create a watchlist of highly-liquid, optionable stocks or ETFs . This will be the foundation of your all your trading endeavors. The reason you MUST only use highly-liquid stocks or ETFs is so that you can rely on pricing efficiency.
http://jlne.ws/QKkdat

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