…Now perhaps you’re thinking, “Thanks for the summary, Russ. Gotta go.” But I’m not finished yet; my interest isn’t in equities. Equities are so 2008. In my world, equities are nothing more than a hedging instrument and an input to a pricing model. Options will be the playground for the trading community in 2013 and beyond.
Showing all posts by Russ Chrusciel
3 KEY AREAS TO WATCH IN OPTIONS TRADING IN 2012
This blog post originally appeared on TabbFORUM. The last several months have been crazy for financial exchanges. We had anxiously waited for the Deutsche Bourse–New York Stock Exchange deal to close — a merger that would have fundamentally changed the global exchange landscape for derivatives trading — and watched the deal get blocked by the [...]
WHERE DO EXCHANGES GO FROM HERE?
This blog post also appeared on TabbFORUM. When was the last time a significant exchange merger came to fruition? Over the past year, all we’ve seen is the dissolution or outright rejection of prominent merger plans by regulatory bodies. The Australian government effectively denied a proposal to merge the Australian Securities Exchange and Singapore Exchange. [...]
EXCHANGES HAVE A LOT TO BE THANKFUL FOR
It’s hard for me to believe that Thanksgiving has come and gone—the kick-off to the holiday season of 2011. Thanksgiving often gets trampled or left behind in retailers’ race to get to the lucrative finish line of Christmas. However, I think we should reflect on this past Thanksgiving, and take time to stop and take [...]
WHAT CAN NYSE AND DEUTSCHE BOERSE LIVE WITH?
In the last couple of days, the European Commission has sent its list of objections to the NYSE and Deutsche Boerse around their anticipated merger. So how does the merger process advance from here?
HOW FINANCIAL EXCHANGES COULD TAKE A PAGE FROM DIDDY AND GLEE
Over the last few years, we’ve seen the evolution and ascendance of the “mash-up” in the world of entertainment. For those not readily acquainted with the term, a mash-up generally refers to the intentional blending of two formerly individual items – which hopefully produces an even better (or more entertaining) result than what previously existed. [...]
KINDERGARTEN LESSONS FOR A GLOBAL MARKET
Russ Chrusciel – Boursing Around Published at forbes.com Aug. 31 2011 – 10:39 am Here we are once again at the end of August, which means two things – summer as we know it is about over, and yet another school year is getting underway. When I put two of my daughters on the school [...]
TAKING THE QCC CHALLENGE SERIOUSLY
by Russ Chrusciel, product manager, SunGard’s Global Trading business published @ tradersmagazine.com A recently approved options order – a type of block trade called the Qualified Contingent Cross (QCC) óis challenging the status quo of the listed options markets. Itís also raising questions about the future role of options exchanges.
THE REIGN OF DERIVATIVES
by Russ Chrusciel, Product Manager, SunGard Global Trading Investors and trading firms have always made the most of the symbiotic relationship between the equity and derivatives markets – devising strategies that exploit the strengths and weaknesses of each. The conventional wisdom was that the Equities Market was King and would always reign. Yet in the [...]
MEGA-EXCHANGES AND THE BLUR FACTOR
Russ Chrusciel, product manager – derivatives trading, SunGard Valdi In the past few months, it’s clear that the trend of mega-exchange formation is already underway. Combinations include the London Stock Exchange and Toronto Stock Exchange, Singapore SGX’s bid for Australia’s ASX, BATS Global Markets’ merger with Chi-X Europe, and last but certainly most controversial – [...]