The Weekly Options News Roundup – 12/11/2015

The Weekly News Roundup is your weekly recap of CBOE features, options industry news and VIX and volatility-related articles from print, broadcast, online and social media outlets.

A Hero’s Welcome Blog 1
On Wednesday, CBOE hosted recent Congressional Medal of Honor recipient U.S. Army Capt. Florent Groberg for an opening bell-ringing ceremony.  Exchange staff and traders gathered on the CBOE trading floor, cheering patriotically and giving Capt. Groberg a well-deserved hero’s welcome.

The bell-ringing can be viewed at CBOE Bell-Ringing Capt. Florent Groberg.

AFX Liftoff blog123
Today, Environmental Financial Products (EFP) and CBOE held a bell-ringing ceremony to officially launch the new American Financial Exchange (AFX).   AFX is an electronic marketplace for small and mid-sized banks to lend and borrow short-term funds.  There were nearly 50 guests in attendance, including representatives from participating banks, AFX board members, Dr. Richard Sandor, Chairman and CEO of AFX, and Steven Koch, the Deputy Mayor of the City of Chicago.

The ceremony can be viewed at AFX Bell Ringing

Asian Options Extension Blog 3
During the last several days, CBOE has extended its outreach into Asia with two significant initiatives — the first-ever Risk Management Conference Asia was held in Hong Kong and The CBOE Options Institute at Singapore Exchange (SGX) was launched, with its first classes on Wednesday.  These initiatives meet the increasing demand for options and volatility trading in the region.

“Ed Provost on Continued Product Development and Collaboration at CBOE” – Robert McGlinchey, EQ Derivatives

“CBOE Options Institute at SGX Launches in Singapore” – FTSE Global Market

“CBOE Options Institute at SGX” Officially Commences Operations” – Maria Nikolova, LeapRate

For the fourth year in a row, CBOE brought home the title of “U.S. Options Exchange of the Year” by Futures and Options World.  FOW cited CBOE’s continued product innovation and commitment to investor education.  This was the sixth industry award CBOE has taken home this year.

“CBOE Awarded U.S. Options Exchange of the Year by Futures And Options World For Fourth Straight Year” – Mondo Visione

Markets are reacting to the approaching Fed meeting as speculation continue to swirl that interest rates will be raised for the first time in eight years.  The Dow Jones Industrial Average has seen triple digits swings this week, while the VIX Index spiked above the 22 mark.  The waiting game continues…

“Profitable Options Bets on the Fed’s Big Meeting” – Steven Sosnick, Barron’s

“The Current VIX ETP Landscape” — Bill Luby, Seeking Alpha