February 11, 2020 | | | | Matt Raebel Editor John Lothian News | |
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| | Lead Stories | | Cboe Acquires Hanweck and FT Options John D'Antona Jr. - Traders Magazine Cboe Global Markets, Inc., one of the world's largest exchange holding companies, today announced it has acquired Hanweck Associates, LLC, a real-time risk analytics company based in New York, and the business of FT Providers, LLC, a portfolio management platform provider based in Chicago, commonly referred to as FT Options. Hanweck and FT Options services will integrate with Cboe Information Solutions, which offers a comprehensive suite of data solutions, analytics and indices to help market participants understand and access Cboe markets. bit.ly/37ibmWP No easy answers to stock markets' last-minute rush Philip Stafford - Financial Times The daily closing auction on stock exchanges has always been a vital part of the trading day. Fund managers and traders rely on that final five minutes to set closing prices, which are used to value portfolios or calculate indices. But the rise of passive investing and trading algorithms is amplifying this final surge of activity, creating a shift in the rhythm of daily trading on stock markets in Europe. /on.ft.com/38ksCfg Chinese Futures Volumes Getting Big...like, A Billion Contracts Big. RCM Alternatives China has been all about the #Coronavirus as of late....making it hard to think about anything else going on in the country - but some numbers from FIA's annual report on global Futures and Options trading caught our eye last month. Particularly, the growth in China's futures markets. To paraphrase the line from the Social Network...- a million contracts isn't cool.... You know what's cool........a billion contracts bit.ly/2Hbg9yL Inside Volatility Trading: February 11, 2020 Kevin Davitt - Cboe blog Thirty years ago (February 11, 1990) Buster Douglas shocked the world when he knocked out Mike Tyson in the 10th round of their Tokyo bout. Tyson came into the fight as the undefeated and undisputed heavyweight champion of the world. He had 37 wins, 0 losses and had never been knocked down. Douglas had lost his previous fight, his mother had passed away three weeks prior, and was listed as a 42:1 longshot. bit.ly/37ddFKI
| | | Exchanges and Clearing | | MIAX plans September launch of stock trading on Pearl Equities John McCrank - Reuters MIAX Pearl, one of three options exchanges run by Miami International Holdings Inc, said on Monday it plans to launch stock trading in September, adding to a growing list of firms looking to take market share from incumbents like the New York Stock Exchange. MIAX said in a statement its plan to begin trading shares was still subject to approval by the U.S. Securities and Exchange Commission, and provided a link to a filing it made with the agency on Thursday. /reut.rs/38jyjdp Eurex Exchange - Equity Index Highlights Eurex January ended with market participants posing several critical questions: How long will the disruption to supply chains last? Will infection rates peak? What does this all mean for global growth? So far, the Chinese equity market and crude oil have been in the firing line. However, with interconnected global markets and, of course, global travel, the coronavirus is not purely a domestic issue. Volatility jumped in all major developed equity benchmarks. For Eurex, this translated into demand for liquid hedging instruments: VSTOXX futures volume was up 33 percent and VSTOXX options volume plus 47 percent compared to the same month last year. Our EURO STOXX 50, DAX, mini-DAX, Banks sector and STOXX 600 futures all saw higher turnover as well. These index futures volumes increases were largely mirrored in the respective index options, with additional interest in MSCI world index options. bit.ly/2OLbOX2 Options Trader Alert #2020 - 3 Nasdaq PHLX and Nasdaq ISE to launch NDXP Monday Weekly Expiries NasdaqTrader.com On Friday, February 21, 2020, Nasdaq PHLX (PHLX) and Nasdaq ISE (ISE) will commence the trading of NDXP "Monday Weeklies" - PM-settled options on the Nasdaq 100 Index with the following expiries: March 2, 2020 March 9, 2020 March 16, 2020 March 23, 2020 March 30, 2020 As part of the Non-Standard Index Options Program, PHLX and ISE have been approved to list up to 5 continuous Monday expiries. New NDXP Monday Weeklies will be listed on Fridays. bit.ly/2voirbb
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