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.

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




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June 4, 2007

Nasdaq's Option

By Peter Chapman

Nasdaq, despite industry speculation it would enter the options industry via a deal with the Philadelphia Stock Exchange, is still on a track to establish its own options mart. (See page 10.)

In a filing with the Securities and Exchange Commission, Nasdaq stated it would "operate its options market much as it operates its cash equities market."

Its new market will "differ from most existing options exchanges by, most prominently, offering true price-time priority across all orders and participants rather than differentiating between participant/trading interest classes."