Tag:
Options Market
Latest Headlines
Latest Headlines
BATS to offer bulk quoting in the options market
Traders magazine reports that BATS has launched a new feature that points to the future of the options market. It now provides a "bulk quoting" interface that will allow dealers two advantages: It will allow market makers to provide a bid and an offer in a single message rather than two, and i
High-frequency trading shops train technology on forex
It was big news when regulators decided the foreign exchange market should be exempt from the same kind of rules that are being contemplated for the cash equities market. That just might give the booming foreign exchange market yet another boost.
We're now seeing a lot of high-frequency techni
Schwab to buy options brokerage
Given the well-publicized woes of Charles Schwab, you might be forgiven if you did not think the company had $1 billion deal in it. But it has announced an eye-catching merger with optionsXpress, which will position Schwab much better in the options market.
The deal will generate about $80 mil
ISE wins options victory
The International Securities Exchange won a hard-fought, 20-month legal battle that culminated with the SEC finally blessing its qualified contingent cross order type. Approval was given in the face of near-unanimous opposition by the traditional options exchanges, led by the CBOE and NYSE Eur
Options market finally embracing algos?
The options market has lagged the equities market in several ways by about five years when it comes to decimalization and off-exchange execution venues and the like. Decimalization in some ways gave rise to ultra-narrow spreads, which in turn gave rise to algorithms that could empower much smarter
Exchange stocks to soar?
Bloomberg notes that exchange stocks ( exchange news) have lagged the market for the past half-year or so. But they may be poised for a period of out performance. Despite a lot of uncertainty due to possible financial reform, futures and options ( options market news) volume is exploding
A bigger picture on flash orders
So what does the SEC's proposed a ban on flash orders really mean?
Well, you could argue that the practical import of the move has already had its intended impact. BATS and Nasdaq OMX have announced they will stop offering such order types. DirectEdge, which had pioneered the practice, ho
Flash orders to be banned
As expected, the SEC has proposed a ban on flash orders, a practice that had already been disavowed by BATS and Nasdaq OMX. DirectEdge, which had been a pioneer of sorts, seemed determined to stick with the practice in some form. No indication yet of how it will respond, but it certainly stands to
New weather exchange launches
A Florida businessman has launched Weather Risk Solutions, an options market that lets property owners and businesses hedge their storm risks. Traders place bets on where storms will hit dozens of
Citadel investment in E*Trade quashed
The Office of Thrift Supervision has decided, in something of a surprise, to put the kabosh on Citadel's plans to invest $100 million in E*Trade. The OTS was a bit vague about its rationale, but Reuters adds some analysis. Apparently, Citadel and E*Trade struck a little-noticed tentative deal
