| TradeKing CEO to Offer Perspective on the Growing Opportunity in ...
BOCA RATON, Fla., Nov. 19 /PRNewswire/ -- TradeKing (www.tradeking.com), a nationally licensed online broker dealer, today announced that its Chairman and CEO Donato Montanaro will be a featured speaker on "The Retail Business" panel during the 23rd Annual Futures and Options Expo taking place November 27-29 in Chicago. Montanaro and the panel participants will discuss the growth of options trading among individual investors and the various approaches brokerage firms are taking to offering options to the retail trader, comparing traditional business models with those of new entrants. He will be joined on his panel by brokerage executives from TD Ameritrade, Merrill Lynch, Optionshouse and OptionsXpress. For more information, visit: http://www.futuresindustry.org/expo-2007.asp.
SEC to consider CBOE rule on trading rights
U.S. securities regulators plan to consider this week a Chicago Board Options Exchange rule aimed at eliminating trading rights held by certain members of futures exchange CME Group Inc. Settling the issue is critical for the largest U.S. options market to complete a year-long process of converting from a member-owned organization into a for-profit, shareholder company, which would pave the way for an initial public offering. CBOE has been in legal dispute over the trading rights issue with CME, which was formed last summer after Chicago Mercantile Holdings merged with Chicago Board of Trade's parent CBOT Holdings Inc. The U.S. Securities and Exchange Commission is expected to decide on Wednesday on whether to approve a proposed CBOE rule change that would eliminate eligible Chicago Board of Trade members from trading at the options exchange, according to a SEC meeting notice on its Web site late last week.
Using CCI and Stochastics For Long and Short Term Forex Trading
Sam Seiden brings over 15 years experience of equities and futures trading which began when he was on the floor of the Chicago Mercantile Exchange. He has traded equities, futures, interest rate markets, forex, options, and commodities for his personal interests for years and has educated hundreds of traders and investors through seminars and daily advisory services both domestically and internationally.
Sam has been involved in the markets since 1991 both on and off the floor of the Chicago Mercantile Exchange. He has served as the Director of Technical Research for two trading firms and regularly contributes articles to industry publications. Sam is known for his trading, technical research, and educational guidance. Software instructions HotComm is the multimedia communication tool we will be using to host our New Live Market and Education Sessions.
As world economies get depressed from the ripple effect of US ...
The US Dollar is forming a long term base. The major US rate cut is behind us. It is time for the ECB to cut rates. The Bank of England will also cuts rates. The economic depression in US and financial meltdown is already built into US Dollar index. The next wave of rate cuts will start in Europe. The Chinese and the Indian currencies will appreciate against US Dollar. But they are not part of the US Dollar index. Other than Yen, all the currencies may fall against dollar in the several years. A very long term bottom is in place in US Dollar. The Dollar index currently trades around 75.50. It can rally 15% in the next nine months to reach 87.00. While trading US Dollar index the best strategy is to opt for futures and options arbitrage. For example buying US Dollar index futures, selling an in the money call on the same and buying a distant put on the future can be ideal.
Adventurer Fossett declared dead
The 63-year-old went missing on September 3 after taking off in a single-engined plane from a Nevada airstrip. His wife had asked for him to be declared legally dead. The judge heard testimony from Mr Fossett's wife, Peggy, and a family friend, as well as from a search-and-rescue expert, before deciding there was sufficient evidence to declare him dead. Mr Fossett earned millions of dollars trading futures and options on Chicago exchanges. Attorneys representing his estate had filed a petition to have him declared legally dead so his assets could be distributed according to his will. Mr Fossett was a record-setting balloonist, sailor and pilot who completed non-stop flights around the world. Mrs Fossett's lawyer, Michael LoVallo, said: "It was very sad and at first she hoped and sort-of envisioned him walking down the road the next day with another story to tell.
SEBI considers circuit filters on stocks traded in F&O segment
MUMBAI: In a move to check wild stock swings, markets regulator Securities and Exchange Board of India (SEBI) is planning to overhaul the derivatives segment.
The proposals under consideration include circuit filters on stocks traded in the futures and options (F&O) segment, possible changes in the market-wide position limits and review of margining system, a person familiar with the development said.
It is believed that the swift and massive fall on January 22 shook SEBI into action. Trading was halted within minutes of opening, as indices hit the downward limits on very low volumes. SEBI has also received several suggestions from market intermediaries on how the loopholes in the current system can be plugged.
Apart from the margining system, the large number of stocks in the F&O segment was also said to have contributed to the indices going into a free fall.
Derek Frey's Outlook
Derek Frey, Head Trader at Odom & Frey Futures Options and FOREX, will walk you through his weekly FOREX newsletter and offer you extensive insight into how, where, and why he feels the currency markets will move for the week ahead. The great part about this is, it is an open session in which he will answer any and all market related questions, giving you the chance to pick the brain of an experienced trader.Derek has been trading for over 15 years and specializes in Options. He has been a regular contributor here at FXstreet.com since 2004.Join him free and find out why traders around the world listen to his opinion every week. Who is Derek Frey? Derek Frey has been a futures trader since 1989 and is Head Trader and partner at Odom & Frey Futures & Options, a firm that specializes in high probability, defined risk option spread trades for the futures markets.
'Black Swan' author Nassim Taleb warns traders to look out for the ...
Market meltdowns that scorch investors, 100-year floods that occur every 10 years and terrorist attacks such as 9/11.
Nassim Taleb, an author, lecturer and big thinker, calls such unforeseen events "black swans," borrowing from a tale about 17th Century European seafarers who landed on Australia and, much to their surprise, learned that not all swans were white.
Such shocks occur, Taleb says, because even experts fail to consider the likelihood of extreme scenarios. That's why his theory, outlined in his book, "The Black Swan: The Impact of the Highly Improbable," is so intriguing to Chicago's trading community, which seeks to lessen risk by exchanging futures and options. His ideas have earned him cachet with investment bankers as well as rock 'n' rollers.
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