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Four of the six charges against former NYSE chairman Richard Grasso have been overturned regarding his $187.5 million compensation package. The final outcome?
Grasso will settle the case |
21% |
NY State will not pursue the case |
44% |
Grasso lost his reputation, regardless |
24% |
Not Spitzer's worst decision but up there |
12% |
How will the NYSE's planned new market model, which changes the role of specialists, affect its market share?
Increase |
48% |
Decrease |
20% |
Remain the same |
32% |
Should the issue of leakage preclude dark pools from sending out IOIs to other dark pools?
Yes |
44% |
No |
36% |
Not sure |
19% |
The use of algorithms to trade options will:
Not work due to complexities |
4% |
Steadily grow over time |
35% |
Take off like algos did in equities |
62% |
The SEC said it plans to review the order-protection rule (OPR) in Reg NMS in the coming months. What will the SEC do?
Keep the OPR in place |
70% |
Remove the OPR |
23% |
No opinion |
7% |
What is driving the price of oil?
Supply/demand |
2% |
Speculation |
17% |
Mostly supply/demand & some speculation |
31% |
Mostly speculation & some supply/demand |
50% |
Would you rather see the options industry move to transparent penny quoting or keep the current nickel and dime spreads and allow hidden orders to trade inside the spread?
Penny Quoting |
62% |
Hidden Orders |
33% |
Not Sure |
5% |
Who's Going to win the Stanley Cup?
Dallas Stars |
7% |
Detroit Red Wings |
47% |
Philadelphia Flyers |
23% |
Pittsburgh Penguins |
23% |
Just under 4% of the average daily share volume gets executed in dark pools, according to a recent report. Your expectations of the percentage of business done in dark pools would have been ...
Higher than 4% |
68% |
Lower than 4% |
6% |
4% Sounds Right |
26% |
Special Purpose Acquisition Companies (SPACs) were 25% of IPOs last year and that percentage has about doubled this year. Do you expect to see an increase in liquidity in SPACs?
Yes |
65% |
No |
26% |
Not sure |
9% |
Should the ISE have a new category for "professional" options traders who aren't broker-dealers?
Yes |
70% |
No |
20% |
Not Sure |
10% |
Who will be the next NCAA Men's Basketball Champion?
Kansas Jayhawks |
36% |
Memphis Tigers |
36% |
UNC Tar Heels |
20% |
UCLA Bruins |
8% |
Given recent volitility, describe your success level in dark pools.
Better than Usual |
36% |
Worse than Usual |
27% |
About the Same |
36% |
Many believe that the Federal Reserve's backing of JPMorgan's acquisition of Bear Stearns staved off a financial panic. Do you agree?
Yes |
51% |
No |
36% |
Not Sure |
13% |
How much has the lack of an uptick rule for shortselling, which was eliminated last year, added to recent volatility?
Not a factor |
31% |
Factor |
28% |
Major factor |
41% |
Looking at fragmentation and volatility, which is your bigger hindrance to best ex?
I’m buyside: Fragmentation |
29% |
I’m buyside: Volatility |
13% |
I’m buyside: Both about same |
13% |
I’m sellside: Fragmentation |
29% |
I’m sellside: Volatility |
8% |
I’m sellside: Both about same |
8% |
Many traders complain marketplace fragmentation is a problem. What do you think?
It's a big problem. |
76% |
It's a small problem. |
10% |
It's not a problem. |
15% |
The SEC has proposed greater disclosure of soft dollar usage by money managers. Will this lead to an increase in the unbundling of commission payments?
Yes |
56% |
No |
19% |
Uncertain |
25% |
Has the proliferation of dark pools improved or worsened the trading landscape?
improved |
35% |
worsened |
55% |
no effect |
10% |
Q: The NYSE plans to give upstairs brokers the ability to layer the book with reserve orders. What effect will this have on NYSE's market share, which is now at around 40 percent?
Huge increase |
13% |
Slight increase |
61% |
No increase |
11% |
Decrease will continue |
16% |
How would you characterize your experience regarding how well algorithms worked in the recent volatility?
Worked extremely well |
5% |
Worked well, but had to manage them more than usual |
26% |
Saw mixed results, slightly more negative than positive |
34% |
They negatively impacted my performance |
21% |
Used them little to none because of the volatility |
13% |
Who will Win Super Bowl XLII?
Giants; by 3 or less |
19% |
Patriots; by 3 or less |
4% |
Giants; by 7 or less |
19% |
Patriots; by 7 or less |
14% |
Giants; by 14 or Less |
6% |
Patriots; by 14 or Less |
20% |
Giants; by over 14 Pts |
2% |
Patriots; by over 14 Pts |
17% |
Nasdaq and New York both open trading in NYSE-listed securities. That results in two sets of opening prices. This poses:
a big problem |
45% |
a small problem |
29% |
no problem |
25% |
Many believe that the Federal Reserve's backing of JPMorgan's acquisition of Bear Stearns staved off a financial panic. Do you agree?
Yes |
0% |
No |
0% |
Not sure |
0% |
Many believe that the Federal Reserve's backing of JPMorgan's acquisition of Bear Stearns staved off a financial panic. Do you agree?
Yes |
0% |
No |
0% |
Not sure |
0% |
Just under 4% of the average daily share volume gets executed in dark pools, according to a recent report. Your expectations of the percentage of business done in dark pools would have been ...
Higher |
0% |
Just under 4% of the average daily share volume gets executed in dark pools, according to a recent report. Your expectations of the percentage of business done in dark pools would have been ...
Higher than 4% |
0% |
Lower than 4% |
0% |
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