In this guest commentary, Jim Toes, president and CEO at the STA, discusses the candidacy of SEC Chairman nominee Jay Clayton and what his unique credentials can mean for the capital markets.
What asset class are you planning to expand trading into or covering in 2017?
- Fixed income
Chicago Board Options Exchange (CBOE) announced that its historical market data service formerly operated by Market Data Express (MDX) has migrated to CBOE Livevol Data Shop on January 6.
Dash Financial is expanding it options business by acquiring Convergex's LiquidPoint options business. The expansion is being assisted by private equity firm GTCR, which owns a controlling interest in Convergex.
Time is short for the US options industry to address its nuanced market-structure with the US Securities and Exchange Commission, according to industry participants.
The Chicago Board of Options Exchange has set an April 10 date for the trading of options with a weekly expiration date.
Warburg Pincus is acquiring asset manager Source with eyes for more growth down the road in the ETF market space.
While no one expects swaps futures to take over the OTC swaps market, a movement of 5 percent of the massive OTC swaps volume would be a huge win for futures market.
The term "big data" has been around for some time, but questions remain exactly how hedge funds and other buysiders exploit the vast stores of data that has never been available to them in the past, which continue to grow each day.
With 17 newly minted swaps execution facilities now live, and looming regulatory deadlines that will push more trading to SEFs, 2014 is expected to be the year the industry redesigned by the Dodd-Frank Act begins to really take shape.
Leveraging the popularity of its CBOE Volatility Index (VIX), the Chicago Board Options Exchange closed 2013 with a spate of activity that has included introducing several new volatility products and expanding its trading hours to accommodate European trading.