| May 21, 2021 | | | | | Matt Raebel
Editor
John Lothian News | |
|
| | |
$42,076/$300,000 (14.0%)
| Observations & Insight | | |
MIAX Mixes It Up; Looks at Futures Expansion
JohnLothianNews.com
MIAX Futures President Joseph Ferraro talks about the May 24 launch of MIAX corporate tax futures. He also details the planned expansion of MIAX futures offerings, the role of the exchange operator's broad geographic base and where cryptocurrency trading fits into the MIAX mix.
Listen to this podcast »
| | | | | | Lead Stories | | | SoftBank's First Female Director to Leave After Challenging Son
Pavel Alpeyev - Bloomberg
SoftBank Group Corp. director Yuko Kawamoto plans to resign from the company's board in June, removing an outspoken board member who has clashed with controversial founder Masayoshi Son over governance issues.
Kawamoto, a professor at Waseda University, will step down on June 23 after just one year in the role, SoftBank said in a statement on Friday. She was the first woman to ever serve on the board and its only female member, although another one has been nominated.
/bloom.bg/3vfKrrC
A Better Way To Invest? XVOL Offers The S&P 500 With A Built-In VIX Hedge
David Dierking - The Street
Last week's sharp drop in equity prices coupled with a quick rebound helped to spike volatility to levels not seen since early March. It's a reminder that even though the S&P 500 is still within a few percent of its all-time high, small-caps and tech stocks are further below their peaks and tensions among traders are high. While the economic recovery narrative still has many believing that stocks have further upside in front of them, the risks of higher inflation, soaring debt and a potential pullback in Fed market support leave the financial markets susceptible to more sharp, short-term corrections. It may be time to more seriously consider portfolio hedges to protect against current downside risk.
/bit.ly/3bMQv34
Millennials spurred growth in sustainable investing for years. Now, all generations are interested in ESG options
Alicia Adamczyk - CNBC
As millennials begin to turn 40 in 2021, CNBC Make It has launched Middle-Aged Millennials, a series exploring how the oldest members of this generation have grown into adulthood amid the backdrop of the Great Recession and the Covid-19 pandemic, student loans, stagnant wages and rising costs of living. Millennials have a reputation for being values-driven in their approach to their money and their careers. That includes their investing habits: Millennials spurred the growth of sustainable investing throughout the 2010s â investors contributed $51.1 billion to sustainable funds in 2020, compared with less than $5 billion five years ago â according to industry reports. Now, every generation wants in.
/cnb.cx/2T7gWtM
| | | | | | Exchanges and Clearing | | | Let Customers Choose Where to Clear Euro Derivatives, Banks Tell EU
Huw Jones - Reuters
It should be for clients to decide where they clear euro derivatives, though customers are ready to move business from London to Frankfurt if forced to by the European Union, bankers said on Wednesday. The London Stock Exchange's LCH unit clears more than 90% of euro-denominated interest rates swaps, a market that helps companies guard against unexpected moves in borrowing costs.
/bit.ly/3fwm9mw
CME Group Selected to Administer ARRC's Forward-Looking SOFR Term Rates
CME Group
CME Group, the world's leading and most diverse derivatives marketplace, today was selected by the Alternative Reference Rates Committee (ARRC) to publish its recommended forward-looking Secured Overnight Financing Rate (SOFR) term rates, following a robust request for proposals (RFP) process.
/bit.ly/3wlHBRS
Appointment of Members to the Consultative Panels
HKEX
The Panel Member Selection Committee of Hong Kong Exchanges and Clearing Limited (HKEX) today (Friday) approved appointments to the Cash Market Consultative Panel, the Clearing Consultative Panel and the Derivatives Market Consultative Panel since the service terms of certain members are due to expire. HKEX wishes to take this opportunity to thank all the retiring members for their dedicated service to the panels.
/bit.ly/3yvIQQc
Exchange for Related Positions
CME Group
Effective on trade date Monday, June 7, 2021, and pending all relevant CFTC regulatory review periods, this Market Regulation Advisory Notice will supersede CME Group Market Regulation Advisory Notice RA2016-5 from October 26, 2020. It is being issued to advise the marketplace that effective on June 7, 2021, CME full-sized Standard & Poor's 500 Stock Price Index Options will no longer be eligible as part of an Exchange of Option for Option ("EOO") transaction. CME E-mini Standard & Poor's 500 Stock Price Index Options will remain eligible as the Exchange options component of an EOO.
/bit.ly/2SaGRjI
| | | | | | Technology | | | Quantitative Brokers Launches Agency Execution Algo Suite for Bursa Malaysia Derivatives in the Latest Step in QB's APAC Expansion; Focus on Crude Palm Oil, KCLI Futures
Quantitative Brokers
Quantitative Brokers (QB), a leading provider of advanced execution algorithms and data-driven analytics for global futures and options markets, today launched their suite of award-winning execution algorithms on Bursa Malaysia Derivatives Berhad (BMD) , part of publicly traded Bursa Malaysia Berhad.
/yhoo.it/3u5T5r8
| | | | | | Education | | | Webinar: Understanding the Protective Put
OIC
Wednesday, June 09, 2021
3:30 p.m. - 4:30 p.m. CST
In the equity market, downside risk is always a consideration for investors. However, for some portfolios, certain options may help mitigate the potential for a loss of capital. One such strategy is the protective put. If you want to learn more about protective puts, and if they may be right for you, join The Options Industry Council on June 9th for a free webinar led by former professional options trader Ken Keating.
/bit.ly/3wm4g0a
Webinar: Understanding Option Collars
OIC
Wednesday, July 14, 2021
3:30 p.m. - 4:30 p.m. CST
For many option investors, collars can be a core strategy. Generally, collars are created by combining an income opportunity with a protective aspect around a long stock position - but knowing the details is critical. On July 14, join OIC's Ed Modla, a former market maker, to learn about traditional collars as well as variants.
/bit.ly/2Qva3RW
| | | | | | Events | | | International Derivatives Expo
FIA.org
September 27, 2021 - September 28, 2021 ⢠12:00 p.m. - 4:00 p.m. BST
Standing still is not an option in today's evolving cleared derivatives environment. Without adapting to new products, processes, technologies and regulations, your business won't meet the needs of tomorrow's industry. That's why IDX â the International Derivatives Expo â is the ideal place to be: an event that brings together industry leaders, vendors and policymakers to discuss what's "now" in derivatives, and what lies ahead. We're changing dates and changing venues to bring you IDX this fall in the City of London. Our conference team is creating a unique IDX experience that keeps you safe while allowing you to connect with clients, colleagues and friends from the local cleared derivatives community. Registration will launch after 21 June when the final step in the roadmap out of lockdown has been reached. Mark your calendar for 27-28 September and check back soon for additional details.
/bit.ly/3u4ecdi
Asset Management Derivatives Forum 2021; Co-hosted with SIFMA AMG
FIA.org
June 8, 2021 - June 9, 2021 ⢠10:15 a.m. - 1:30 p.m. ET ⢠VIRTUAL
FIA and SIFMA AMG are bringing you a virtual take on the Asset Management Derivatives Forum in 2021. Join us for virtual programming on June 8 and 9, during which market participants from all sides of a trade and leading regulators will examine the latest developments impacting the use of derivatives by asset managers, including business, clearing, regulatory and operations issues.
With keynote speakers and panels, this virtual Forum presents a unique opportunity to gain insights into how investors, sell-side firms and market structure operators view the landscape for derivatives activity by the asset management community, attracting attendees from the joint membership of FIA and SIFMA Asset Management Group.
/bit.ly/3hmpMOu
Clearing 101: Exchanges, Clearinghouses and CCPs
IFM
Dates: Sep. 15, 2021 - Sep. 16, 2021, 12:00 p.m. - 1:30 p.m. ET.
Location Virtual Live. Two 90-sessions over 2 days.
Early-bird $199
Fee $225
Instructor: Marti Tirinnanzi
Registration is limited to approximately 20 participants to promote student participation and interaction.
Join us for a short program (90 minutes each day for 2 days) that explains the multilateral systems that provide the infrastructure for transferring, clearing and settling payments, derivatives and other financial transactions among financial institutions and end users. Following Dodd Frank, clearinghouses became designated as Systemically Important Financial Market Utilities, vital to the operations of the financial markets and subject to heightened regulatory scrutiny. Buyers and sellers in exchange transactions rely on clearinghouses to intermediate transactions and to manage credit risks between trading parties. As such, clearinghouses promote transparency, efficiency, and stability by providing market-based pricing, daily settlement, and ensuring adequate capitalization for markets to function.
/bit.ly/3gimCun
Q2 2021 trends in futures and options trading
FIA.org
July 28, 2021 ⢠10:00 a.m. - 11:00 a.m. ET
Moderator: Will Acworth, Senior Vice President, FIA
This webinar highlights the main trends in trading activity in the second quarter of 2021 in the global exchange-traded derivatives markets, with category and regional breakdowns as well as exchange and contract rankings.
/bit.ly/3viK3IV
| | | | | | Miscellaneous | | | (Podcast) TWIFO 250: The Big Adios
This Week In Futures Options - Options Insider
Host: Mark Longo, The Options Insider Media Group
Co-host: Sean Smith, FTSE Russell
CME Hot Seat: Dan Gramza, Gramza Capital Management
On this episode, Mark, Sean and Dan discuss: the movers and shakers this week in futures options, lumber, equities, corn, wheat, metals, and much more.
/bit.ly/2T0opuq
Crypto's Savage Swings May Deter Big Investors From Jumping In
Joanna Ossinger - Bloomberg
Cryptocurrency investors argue that institutional buying is one more reason to be bullish. After Wednesday's tumble, that's becoming more and more implausible. The problem is that mutual funds, insurers and pension funds are often seeking a particular level of volatility -- or really, lack thereof -- for their investments. If you have a pile of corporate cash, is it going to be OK to put some of it into an asset that can rise or fall 30% in a single day as Bitcoin did this week? Tesla Inc. and MicroStrategy Inc. have bought into Bitcoin, but few have followed them, even after Tesla's $1.5 billion buy-in ignited a debate about corporate crypto purchases.
/bloom.bg/2RtKTDZ
| | | | | | | | | JLN Options is sponsored by: | | | | | | | | |
| | | | | | | | | | |
|
|
| | | |
| | | | John Lothian News (JLN) is the news division of John J. Lothian & Company, Inc. (JJLCO). The online media and financial services firm is staffed by derivatives industry, journalism and technology professionals. | | | | | | | John Lothian News Editorial Staff: | | | John Lothian
Publisher | | | Sarah Rudolph
Managing Editor
| | | Jeff Bergstrom
Editor
| | | Matt Raebel
Editor
| | |
|
|
Disclaimer: All John Lothian Newsletters, JohnLothianNews.com, MarketsWiki.com and MarketsReformWiki.com are products of John Lothian News, a division of John J. Lothian & Company, Inc. The opinions expressed in all John J. Lothian & Company, Inc. publications are strictly those of their respective editors. They are intended solely for informative purposes and are not to be construed, under any circumstances, by implication or otherwise, as an offer to sell or a solicitation to buy or trade in any commodities or securities herein named. Information is obtained from sources believed to be reliable, but is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Security futures are not suitable for all customers. Futures and options trading involve risk. Past results are no indication of future performance. Nothing on any John J. Lothian & Company site should be considered an endorsement by any sponsor of any website or newsletter content.
© 2019 John J. Lothian & Company, Inc. All Rights Reserved. |
|
