New High For $SPY Despite Mixed Market Signals; Corps…

Refreshing Market Commentary courtesy of Ron Quigley, Mgn.Dir./Head of U.S. Syndicate Desk & Primary Sales for Mischler Financial Group. With Washington in full-out gridlock, Americans should be turning to the best national news, namely corporate profits.  Corporations are driving the resurgence in equity markets posting overall fabulous earnings.  The flight…Read More

5 March, 2013

Generating Income with ALPS’ New Put-Write ETF ($HVPW)

Courtesy of Max Chen ALPS Portfolio Solutions has launched a new exchange traded fund that provides investors with income through selling put options on the largest U.S. stocks with the highest volatility. The U.S. Equity High Volatility Put Write Index Fund (NYSEArca: HVPW) tries to reflect the performance of the…Read More

5 March, 2013

Laszlo Birinyi Now Says “Equities Markets are Headed…

Courtesy of Jeff Sommer, New York Times THE economy may be lurching into another crisis, but you wouldn’t know it from the stock market, where an epic party is under way. Yet this effervescence belies some ominous developments in politics and the economy. After the State of the Union address…Read More

17 February, 2013

Hedge Is The Word For 2013-ETFs For the Risk-On…

Courtesy of Brad Zigler. This article first appeared in the February 2013 issue of REP/ In 2013, the market for alternative investment exchange-traded products seems to revolve around one word. That word is “hedge.” Judging by their proportion of regulatory filings and launches last quarter, product sponsors are keen on…Read More

7 February, 2013

Credit Suisse Lists Covered-Call Gold ETN; $GLDI w Exposure…

Courtesy of Cinthia Murphy and Olly Ludwig Credit Suisse on Tuesday launched its Credit Suisse Gold Shares Covered Call ETN (NasdaqGM: GLDI), a strategy that provides long exposure to physical gold coupled with an overlay of call options. The ETN, comes with an annual expense ratio of 0.65 percent, will…Read More

29 January, 2013

CBOE Looks to Broaden Appeal of VIX Products

Courtesy of Peter Chapman, Traders Magazine CBOE Holdings, buoyed by the phenomenal success of options and futures contracts based on its Volatility Index, is ratcheting up its efforts to broaden their appeal. “The volatility business is only eight years old, but we see terrific growth,” Ed Tilly, CBOE’s president and…Read More

28 January, 2013

Options Market Poised For Pick-Up; Institutional Managers Re-Focus Risk…

The Outlook for 2013 Uncertainty around the elections, low volatility and anemic volumes in the equity markets drove the first year-over-year decline in options trading volume since 2002. But bright spots such as weekly and mini options portend a stronger 2013. Despite the options market doldrums in 2012, TABB Group…Read More

10 January, 2013

AdvisorShares Peritus High Yield ETF ($HYLD) Lists Options On…

AdvisorShares, a leading sponsor of 17 actively managed exchange-traded funds (ETFs), announced today that the AdvisorShares Peritus High Yield ETF (NYSE Arca: HYLD), the first high yield actively-managed ETF has met listing requirements of the Chicago Board Options Exchange® (CBOE®) and that HYLD options are now listed for trading on…Read More

31 December, 2012

ICE-NYSE Deal: Derivatives Exchange CEO Gets Icey Response From…

Within the first several days since the  December 20 proposed merger announcement between NYSE Euronext and IntercontinentalExchange  (ICE), there has been no shortage of public responses, comments and of course, a lawsuit opposing the deal (filed last Friday by the New Jersey Carpenters Pension Fund). For those following this deal,…Read More

26 December, 2012

ETF New Rules: SEC Says Derivatives for Actively-Managed ETFs…

Courtesy of Daniela Pylypczak     Back in March of 2010, the SEC began a review of the use of derivatives by ETFs, specifically actively-managed and leveraged funds. Norm Champ, Director of the SEC’s Division of Investment Management, stated that “The use and complexity of derivatives have grown significantly over…Read More

15 December, 2012

Trading Market Pros Do a 360; Looking Back and…

                  Extracts courtesy of a special year-end story from Terry Flanagan at MarketsMedia The Standard & Poor’s 500 Index stood at 1,380 in mid-November, down about 5% from 1,450 five years earlier. To a visitor from Mars, the similarity of the numbers could suggest that it was a quiet period…Read More

14 December, 2012

Market Contrarian Matt Gohd Joins WallachBeth Capital; Option Strategist…

  December 3, New York, NY—WallachBeth Capital LLC (“WB”), the institutional agency broker specializing in options and Exchange-Traded-Fund (ETFs), announced the hiring of Matt Gohd, the trading market strategist whose contrarian market calls have been widely-followed for two decades by leading hedge fund managers and industry observers. Mr. Gohd, a…Read More

4 December, 2012

Mini Options Ready to Grow?

Courtesy of Andy Nybo, TABB Forum The recent approval by the Securities and Exchange Commission (SEC) to allow the listing of “mini” options provides the options industry with a wealth of potential opportunities. The potential success of mini options, however, will be a double-edged sword. The costs to build out…Read More

3 December, 2012

In Your Face: Option Trading Contrarian Called $FB Move…

     Courtesy of John Carney/CNBC MarketsMuse Editor Note: article below was published Tuesday Nov 13 at 6pm, in advance of $FB lock-up  expiration. Eight hundred million shares of Facebookare set to “flood” the market Wednesday, as the company’s biggest post-IPO lockup expires. This has many investors fearful that stock sales from…Read More

14 November, 2012

ETP Volatility Report from Velocity Shares

VelocityShares is pleased to present the October 2012 Volatility Report, providing insights into the volatility landscape. Highlights from this report include: Year-to-Date Performance for the VIX Index is -21%. Year-to-Date Performance for the S&P VIX Futures Indices: Short-Term: -74% (SPVXSP) Mid-Term: -47% (SPVXMP) Tail Risk: -20% (SPVXTRSP) VIX spot increased…Read More

14 November, 2012

Boutique ETF & Options Broker Demonstrates Flawless Execution

Short post-a picture with sound tells a thousand words...Read More

7 November, 2012

CFTC Proposes to Break Up Derivatives Market Trades; ’15-Second…

  Courtesy of WSJ Reporter Scott Patterson WASHINGTON—Swaps trading is one the last bastions of Wall Street where brokers arrange deals over the phone. That clubby way of doing business could go the way of the rest of Wall Street, where trading takes place on computers, under a roughly 500-page…Read More

26 October, 2012

Institutional investors see big tail-risk event ahead

Courtesy of Christine Williamson About three-quarters of executives from a mixed universe of institutional investors think a significant tail-risk event is likely to very likely within the next 12 months, according to a new survey from State Street Global Advisors. Survey respondents — money managers, family offices, consultants and private…Read More

25 September, 2012