Your weekly recap of CBOE features, options industry news and VIX and volatility-related articles from print, broadcast and online and social media outlets.
Financial Movers and Shakers
Each year Crain’s selects and highlights movers and shakers in the Chicago business sector. Once again, CBOE’s CEO Ed Tilly and Chairman of the Board William Brodsky are recognized for their commitment to the success of finance in Chicago.
“Who’s Who In Chicago Business” – Crain’s Chicago Business
VXTYN’s A Coming
First announced at CBOE’s Risk Management Conference in Europe last week, futures contracts on the CBOE/CBOT 10-year U.S. Treasury Note Volatility Index (VXTYN) will launch November 13, 2014. Patterned after the VIX, these contracts offer a new dimension in the trading of volatility.
“CBOE To Launch Fixed-Income Volatility Futures” – Markets Media
VIX Tricks of the Trade
Usage of the CBOE Volatility Index (VIX) as mentioned in previous roundups has evolved. The VIX constantly measures expected volatility requiring traders to think ahead. From VIX Futures to Options there are a few tricks of the trade.
“A Few Tricks for Trading VIX” – Steve Sosnick, Barron’s
Open Says Me
Alibaba has been one of the most anticipated and talked about IPO’s of 2014. Reports have stated that shares in Alibaba will begin exchanging hands Friday, September 19, 2014. If you trade them, options will come. Here is a look at the requirements as well as timeline for options on Alibaba to begin trading on exchanges.
Alibaba – Premiering Soon at CBOE, Marty Kearney, CBOE Options Hub
With volumes down in the traditional stock market, Weekly’s, short-term options created by the CBOE in 2005 has seen a surge in contracts traded. Up about 72 percent from a year ago, Weekly contracts continue to be a big draw for investors.
“S&P 500 Short-Term Contracts See Trading Volume Jump” – Callie Bost, Bloomberg
The Best of Both Worlds
Floor trading is not only good for markets, but a fundamentally import aspect of the trading culture. Many exchanges, including CBOE, have maintained their trading floor presence alongside electronic trading because the human touch matters.
“Researcher Argues for Preserving Floor Trading” – Bradley Hope, Wall Street Journal