First Read $34,126/$300,000 (11.4%) ++++ Hits & Takes John Lothian & JLN Staff There is a new Van Gogh exhibit in New York billed as Van Gogh - The Immersive Experience. The site of this exhibit is the former trading floor of the NYMEX. The NYMEX trading floor...
Stock Option Volume ‘Exploded’ in 2020; Future Volatility in Stocks Will Be About Vaccines, Not a Blue Wave
VIX Spikes to Highest Since June With Economy Threat Growing; Wall Street joins global stock sell-off triggered by rising Covid worries
When Cboe Global Markets flipped the switch on its trading floor in mid-March and temporarily moved to all-electronic trading in response to the COVID-19 crisis, it also heralded a period of change for the options industry.
Art Margulis answered a job advertisement in the Chicago Tribune for a research analyst position at the Chicago Board Options Exchange after graduating from Princeton. That was his entry into the world of open outcry trading.
Lead Stories Should we worry as the market's 'fear gauge' nears its highest level since the Great Recession? Andrew Van Dam - The Washington Post An index pundits love to call Wall Street's "fear gauge" is flashing red. Should we panic? The...
What do an Irish pub, a reptilian derivative product and eurodollar trading have in common? This episode of "The Spread." The following are the stories referenced: - The Whaley Tavern- WSJ -> SEC Addresses Cybersecurity Concerns About...
It seems like everybody in the options exchange space is busy setting records, and there were positive developments on the regulatory front. It's been a good few weeks for the industry. The following are the stories referenced in this week's...
The big options news of the day pertains to a letter alleging VIX manipulation. The letter, written on behalf of an anonymous whistleblower by a Washington D.C. law firm, alleges market makers manipulate the VIX by quoting far out of...
Observations & Insight Turn Yourself In, It'll Be Easier: Bank Cooperation On Spoofing Charges Saves Millions Jim Kharouf - JLN Over the past several months, there has been a fair amount of talk about the Commodity Futures Trading Commission's push on the...
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...
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...
The Chicago Board Options Exchange held its annual Chicago press lunch yesterday. Among the highlights of the company's success in the past year were these: 2014 volume was up 11 percent, to 1.3 billion contracts, outpacing the industry average of 4 percent. VIX...
The latest trial in the long-running patent infringement case pitting the Chicago Board Options Exchange (CBOE) against the International Securities Exchange (ISE) ended on its opening day Thursday, in what appeared to be a victory - for now - for the CBOE. The ISE...
This Vegan Billionaire Disrupted the Crypto Markets. Stocks May Be Next; ‘Dramatic’ Round of Regulation Seen Coming for Cryptocurrencies
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Day Trader Fever Ticking Back Up in Latest Show of Retail Pluck; JPMorgan Sells an Exotic Quant Trade Chasing Stock-Market Whales
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