Commentary

Momtchil Pojarliev
Traders Magazine Online News

Some Like It Hedged

BNP Asset Management's Pojarliev discusses a variety of options to address foreign currency exposures. Although there is no single best-practice solution for addressing foreign currency exposures, institutional investors have three main choices, he says.

Traders Poll

Amid changes in builder, do you think the CAT project will be completed by 2020?




Free Site Registration

January 1, 2002

Single Stock Futures

By Gregory Bresiger

Trading in single stock futures now is likely to begin in the spring, but there's many possible problems that could slow trading.

At a recent seminar, Bob Fitzsimmons, president and chief executive of Nasdaq/LIFEE, said single stock futures trading had numerous problems overseas.

However, he added that trading in these stocks is now up and running in some 15 markets.

He also stressed that trading single stock futures will be a much better way of trading in futures because there will be no uptick rule for short sellers. He added that institutional traders using single stock futures will be able to use index deletion and enhancement.

Nasdaq/LIFEE is the creation of a transatlantic marriage, in a deal between the London International Financial Futures and Options Exchange (LIFEE) and Nasdaq that establishes a joint market in U.S. single futures. LIFFE CONNECT, the electronic trading platform run by LIFEE, will be used in the arrangement.

At the outset, the exchange will operate in the U.S.