Options
Exchanges plead with SEC to trim CAT reporting requirements
Letters from Cboe, Nasdaq and NYSE ask that the new Atkins administration reduce the amount of data required for the Consolidated Audit Trail, and scrap options data collection entirely.
Nasdaq leads push to reform options regulatory fee
A proposed rule change would pare costs for traders, raise them for banks, and defund smaller venues.
Opra considers ‘dynamic load balancing’ for options market
The data distributor recently completed a challenging project to build a 96-line feed. This new endeavor could prove just as challenging (but perhaps necessary) for the industry that will use it.
As US options market continued its inexorable climb, ‘plumbing’ issues persisted
Capacity concerns have lingered in the options market, but progress was made in 2024.
ForecastEx, event contracts, and a new way to think about markets
Waters Wrap: Anthony speaks with the former CEO of OneChicago David Downey about his new venture and the future of prediction markets.
CME: CFTC OKs clearing move to Google Cloud
The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.
Finra clears hurdle with CAT launch, but several others remain
Two major components of the consolidated audit trail are now in place. But wrangling over the CAT’s future continues.
Waters Wrap: CME, Google and the pursuit of ultra-low-latency trading
CME Group and Google have announced Aurora, Illinois, as the location for the exchange’s new co-location facility. Anthony explains why this is more than just the next phase of the two companies’ originally announced project.
Cboe pushes rule change to make way for proprietary Opra alternatives
As US options data has grown in volume and cost, Cboe says changing the public feed's governing document would make way for more competition from private alternatives, including its Cboe One Options Feed, launched in 2023.
Lightning strikes: Options boom threatens data overload
Concerns over creaking infrastructure in US options markets are fueling talk of measures to limit the exponential amount of data being generated.
All eyes turn to North America as T+1 arrives
As T+1 settlement becomes a reality in North America, long-lingering questions will get their answers.
Nasdaq to market new options strike listing tech to other exchanges
The exchange operator is experimenting with emerging technologies to determine which options strike prices belong in a crowded market, with hopes to sell the tech to its peers.
After contentious Opra upgrades, vendors brace for a faster future
Upgrades to the datafeed widely used to gauge the current market price for options contracts went into effect in February after three separate delays, which market participants say were caused by persistent bandwidth issues at some important recipients.
Opra outages cause consternation in options markets
UBS warned clients they were looking at “bad data” on options screens
ASX, SGX earnings driven by diversified revenue
After the Chess disaster, ASX focuses on rebuilding confidence, while SGX continues investing in its derivatives business. Meanwhile, HKEx mulls data play.
Data projects underpin Cboe’s growth strategy
APAC expansion and strong indices performance are stepping stones in the Chicago-based exchange’s development.
Hacked off: banks demand answers after Ion cyber attack
Clients have been left in the dark about the ransomware attack that disrupted futures trading last month.
This Week: Finos, Cboe Global Markets, Aiviq/Alliance Bernstein & more
A summary of the latest financial technology news.
Data analytics dominate M&A agenda for exchanges in 2022
While there weren’t many headline-grabbing acquisitions in 2022, the year contained a handful of deals that point to expanding trends in the exchange technology industry.
Citi quants’ AI model aims to hedge earnings surprises
Machine learning tool forecasts effect of shocks on implied volatility surfaces in minutes.
Nasdaq gears up for 1st migration in a long journey to AWS
While Nasdaq is set to begin migrating its MRX exchange to AWS’s cloud infrastructure next month, the full migration program could take 10 to 15 years to complete.