Commentary

Eric Noll
Traders Magazine Online News

A Tick Pilot Update from Convergex

In this commentary from Convergex's Eric Noll, he reports that the tick pilot is producing expected results - such as increased trade size and more price volatility. However, he noted that one test group bears closer scrutiny amid information leakage concerns.

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More News - Options

CBOE’S Historical Data Now on LIVEVOL Data Shop

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 Merges with Convergex's LiquidPoint Options Business

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.

Crunch Time for Options Market Structure Reform

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.

Convergex and OptionEyes Join to Assist Traders With Risk and Portfolio Management

Agency-based broker Convergex announced that it has entered into an agreement granting it an exclusive  license to The OptionEyes, a front-end technology platform that helps active traders manage and trade  positions in an options or equity portfolio.

Options Auctions Vex Market Makers

Some major trends in the options market have been the same for a number of years. Flat volumes. Marketplace fragmentation. A bifurcation of liquidity. But at least one noteworthy development is of a more recent vintage: auctions.

U.S. Listed Options Volume Fell to A 14-month Low in July: Tabb Report

Options trading volume fell precipitously in July - see just how much and why, according to the latest Tabb report.

Bats Doubles Down on Options and FX

Bats Global Markets expects to spend the remainder of 2016 focused on its U.S. options and global foreign-exchange operations, according to CEO Chris Concannon.

US Listed Options Fall to 1.01B Contracts in Q2

US listed options volume dropped on a quarterly basis despite a climbing in June to its highest levels in 10 months after a stock market swoon on the heels of the United Kingdom’s decision to leave the European Union.

Tattletales Wanted: To Nab Market Spoofers, Exchange Seeks Help

Bats Global Markets wants brokers to start snitching on their peers when they suspect market manipulation. Through a new initiative it likens to a neighborhood watch, Bats will encourage brokers to report suspicious price quoting and trading in its U.S. equities and options markets.

OCC CLEARED CONTRACT VOLUME UP 11 PERCENT IN JUNE

OCC, the world’s largest equity derivatives clearing organization, announced today that cleared contract volume in June increased 11 percent from June 2015, marking the second highest June for OCC cleared options contracts.

Algo Update: Wolverine's Best-X Options Targets Options Trading

With Wolverine's Best-X Options, traders can now see the best execution for their algo options trading.

On The Move: Luc Fortin Joins Montréal Exchange as Managing Director, Derivatives Trading

His new role starts on June 27, 2016.

A New Trading Floor in 2016? Options Market Turns to Old Tactic

BOX Options plans to start an open-outcry floor this year - Options market still has floors, an exception in modern era

Broadridge Acquires Dojima to Expand ETF and Derivative Functionality

Acquisition will expand service to its Global Post Trade Management Solution.

CBOE Futures Exchange Adds Connectivity with Stellar Trading Systems

Overseas traders are gaining more access to products, including the "Fear Index."

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