Options Channel

Knight Seeks Retail Flow for New Options Business

Knight Capital Group, in the process of expanding its options market making activities, will start soliciting retail orders this quarter.

New Pricing at Options Exchanges Impacts Market Makers and Customers

A pricing change by Nasdaq Options Market slated to go into effect on Thursday highlights a trend underway at the options exchanges that has market makers seeing their costs go down, while brokers handling customer orders are seeing theirs go up.

Options Exchanges Split over SEC Fee Cap Proposal

An SEC proposal requiring options exchanges to cap their access fees is getting mixed reviews by exchange operators.

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Knight Seeks Retail Options Flow

Knight Capital Group, in the process of expanding its options market-making activities, will start soliciting retail orders this quarter.

Cover Story: Reversal of Fortune

For most of their history, the nation's options exchanges have looked to market makers for their revenues. In return for a dominant role at the exchanges, market makers paid the lion's share of the fees. Customers, on the other hand, traded for free. That arrangement is now breaking down.

This Year's Model

Limit orders just sitting there, going unexecuted. It's the same old story. It happened during the heyday of the Nasdaq dealer market. It happened on the floor of the fabled NYSE, during the auction process. And it's still happening in today's sophisticated, hyper-speed market. The time, place and methods of trading may change, but the results are the same.

Fee Cap Splits Options Exchanges

An SEC proposal requiring options exchanges to cap the fees they charge their members to access their markets is getting mixed reviews by exchange operators.

Options Marts Embrace Maker-Taker

Two of the country's four traditional options exchanges are expanding their programs that pay rebates to liquidity providers and charge liquidity takers.

Slow Uptake for Options Algos

According to a panel of experts assembled at this year's Options Industry Conference, the options industry is five to 10 years behind the cash equities business when it comes to servicing block orders with algorithms.

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Articles from this Site

• Knight Seeks Retail Flow for New Options Business
• New Pricing at Options Exchanges Impacts Market Makers and Customers
• Options Exchanges Split over SEC Fee Cap Proposal
• BOX Courts High-Frequency Traders
• Buyside Warms Slowly to Options Algos
• More Articles from this Site