Cboe Global Markets
Exchanges urge US to keep forex swaps and forwards under Dodd-Frank
The World Federation of Exchanges has urged US Treasury secretary Tim Geithner to keep forex derivatives under Dodd-Frank to block banks from using the exception for interest rate derivatives transactions. But a senior Westpac banker and rival trade…
Volatility: the next mainstream asset class?
A volatile time
Volatility, correlation and skew too
Surviving skew
CBOE developing tail event index
A new index based on skew will be unveiled once testing is completed
Dividend growth
Dealers and hedge funds were hammered by sharp falls in dividends during late 2008 and early 2009. Since then, liquidity has recovered as a wider range of market participants take advantage of the dislocation. Mark Pengelly reports
Calmer markets reflected in VAR figures
Lower volatility across asset classes in the second quarter of the year produced lower value-at-risk figures at almost all major banks, according to a Risk survey.
Short-selling ban increased volatility more than credit crisis
The bans on short selling imposed in the US and Europe in 2008 had more effect on market volatility in off-limit stocks and equity markets than the financial crisis itself, a new study has concluded.
Bank nationalisation not an option, conference told
Calls for the short-term nationalisation of US banks are impractical, since the US government cannot nationalise all banks simultaneously, and nationalising only a few will prove unworkable, delegates at the Chicago Board Options Exchange risk management…
CBOE chief sees SEC reintroducing short-selling uptick rule
The Securities and Exchange Commission (SEC) will shortly put forward a consultation paper looking to reintroduce the uptick rule and seek to comprehensively put a stop to naked short selling, the chief executive of the Chicago Board Options Exchange …
Griffith appointed to third term at CBOE
The board of directors of the Chicago Board Options Exchange (CBOE) has re-appointed Bradley Griffith as vice-chairman of the exchange for a third consecutive one-year term in 2009.
Interbank lending remains steady
The interbank lending markets were stable this morning. The Ted spread, which tracks the difference between three-month Libor and US Treasury bills, was at 2.18% at 12.50pm London time today, unchanged from Friday's close.
CBOE re-elects six board members
Members of the Chicago Board Options Exchange (CBOE) re-elected six incumbent directors to its board on November 20.
CBOE rights debate could be overcome
A major impediment to the Chicago Board Options Exchange’s (CBOE) planned demutualisation could be overcome by a settlement it presented to its members on June 2.
CBOE and Taifex sign MOU
The Chicago Board Options Exchange (CBOE) and the Taiwan Futures Exchange (Taifex) signed a memorandum of understanding (MOU) on September 6 on the sharing of information for the development of options and other derivatives products.
Spike in equity volatility causes pain
A spike in equity volatility last month has caused anxiety among equity derivatives dealers, many of which were short volatility, and raised fears that a prolonged increase could generate hefty mark-to-market losses in equity derivatives trading books.
CBOE launches basket credit products
The Chicago Board Options Exchange will launch three basket credit event options next week, despite a slow start for its other credit products.
CBOE launches PutWrite index
The Chicago Board Options Exchange (CBOE) has launched the CBOE S&P 500 PutWrite Index, a new benchmark index based on selling S&P 500 Index (SPX) put options in order to buy short-term US Treasury bills.
CBOE launches volatility index futures
CBOE Futures Exchange (CFE) has announced the launch of two volatility index futures contracts, based on the CBOE Nasdaq-100 Volatility Index and the CBOE Russell 2000 Volatility Index.
Exchange-traded credit derivatives disappoint
The world’s first exchange-traded credit derivatives, which were listed by Frankfurt-based Eurex on March 27, have posted lacklustre trading volumes, with only one major dealer making markets in them.
US derivatives volumes rocket on market fears
Several US derivatives exchanges broke their daily traded volume records by more than 20% during February 28.
CBOE files for demutualisation on way to IPO
The Chicago Board Options Exchange (CBOE) has filed for demutualisation and restructuring as it heads for an initial public offering (IPO). The exchange'smembers will receive stock but lose their trading rights as part of the process.
CBOE prepares to launch credit default options
The Chicago Board Options Exchange (CBOE) is preparing to trade credit default options that will pay out following a credit event.