Cftc Seeks Comment On Potential High-speed Trading Curbs

Montag said today in a staff memo obtained by Bloomberg News . The change leaves Sobotka, a former Merrill Lynch & Co. commodities trader who ran Bank of Americas proprietary trading desk, atop a business that generated 13 percent of the lenders revenue in 2012. FICC includes buying and selling products from government bonds to credit-default swaps.
Source: http://www.bloomberg.com/news/2013-09-11/bofa-s-fixed-income-trading-co-head-seebacher-said-to-leave-1-.html

futures markets was executed electronically last year, according to the CFTCs document. The industry is vulnerable to flawed algorithms and insufficient testing, according to the agency, which noted that CME Group Inc. (CME) , owner of the worlds largest futures exchange, fined a firm for inadequately supervising and testing controls. The CFTC should ensure regulations that promote stability and limit systemic risks, according to the Futures Industry Associations principal traders group.
Source: http://www.bloomberg.com/news/2013-09-09/cftc-seeks-comment-on-potential-high-speed-trading-restrictions.html

Copper Sags in Light Trading as Syria Worries Recede

The Classic retest of the Dead Money Zone High is one of my favourtie trades. I will write an articles on that at a later date. SC.TO offered us 2 trading opportunities: 1. Go LONG http://www.etftradingsignals.com/ on the break out trade at $43 in May 2013. 2. Go LONG after the retest of the $43 high in June 2013.
Source: http://www.business2community.com/finance/trading-lessons-hedge-fund-trader-select-ideal-stocks-trade-0612831

First Week of April 2014 Options Trading For Nautilus (NLS)

Some cash-strapped governments in Europe are eager for new revenue sources. There is also popular pressure to make the banking industry pay a bigger share of the cost of dealing with the financial crisis. Yet most of the EU’s 28 member states oppose the tax. The most notable critic has been the U.K., Europe’s leading financial center, saying it would hurt competition, investment and growth. In April, the U.K.
Source: http://money.cnn.com/2013/09/11/investing/eu-trading-tax/index.html

Europe’s trading tax plan dealt fresh setback

Copper has been under pressure at times recently as investors shed assets seen as risky bets amid a widening Middle East conflict that could send oil prices higher and rattle the global economy. Prices came off their highs ahead of the close, however, as investors exercised caution ahead of a U.S. Federal Open Market Committee meeting next week. Market participants are expecting an update on when the Fed will start tapering its commodities-supportive bond-buying program. With the Fed’s policymaking meeting looming next week and Syria still in the headlines, “the current holding pattern looks set to continue,” Standard Bank analyst Leon Westgate said in a note.
Source: http://online.wsj.com/article/BT-CO-20130911-709596.html

Trading Lessons From A Hedge Fund Trader: How to Select The Ideal Stocks To Trade

Because the $5.00 strike represents an approximate 29% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 85%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 2.00% return on the cash commitment, or 3.32% annualized at Stock Options Channel we call this the YieldBoost. Click here to find out the Top YieldBoost Puts of the S&P 500 Below is a chart showing the trailing twelve month trading history for Nautilus Inc, and highlighting in green where the $5.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $7.50 strike price has a current bid of 70 cents. If an investor was to purchase shares of NLS stock at the current price level of $7.06/share, and then sell-to-open that call contract as a covered call, they are committing to sell the stock at $7.50.
Source: http://www.forbes.com/sites/stockoptionschannel/2013/09/11/first-week-of-april-2014-options-trading-for-nautilus-nls/

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