You are viewing all posts by, Russ Chrusciel

head of Valdi Options US, SunGard's capital markets business

12
Jul
2013

How Not to Get Lost in the Woods of Listed Options Trading

Contributor:

This blog post was originally published by FOW. Once upon a time, in your younger days, did you ever go on a hike in the woods with your family or a school group? Since your hike likely took place well before Google, mobile phones and GPS, what did you use to guide yourself through the forest or terrain? It’s likely you relied on some combination of a knowledgeable leader, a compass, and/or a map to navigate the unfamiliar territory. Based on how well your trip leader used his/her knowledge in concert with the compass and map, you either had a fun hike filled with exploration and new experiences….or a frustrating hike filled with aimless wandering and hopes of getting back to civilization as soon as possible. “Well, great,” you’re probably thinking, “What does hiking in the forest have to do with managing risk in listed options trading?” At first glance, not much. But if you look deeper, there are some similarities in what is required to perform either task successfully.... read more

head of Valdi Options US, SunGard's capital markets business

14
Aug
2012

The Time Has Come for Options Dark Pools

Contributor:

...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.... read more

head of Valdi Options US, SunGard's capital markets business

1
May
2012

3 key areas to watch in options trading in 2012

Contributor:

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 European Commission. Now, as we eagerly anticipate the implementation of Dodd-Frank legislation and the Volcker rule in the U.S. in the coming months, we should consider how the final implementation will affect trading volumes, trading strategies and compliance needs for those engaged in derivatives trading.... read more

head of Valdi Options US, SunGard's capital markets business

14
Mar
2012

Where do exchanges go from here?

Contributor:

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. Plans for the Toronto Stock Exchange (TSX) to unite with the London Stock Exchange (LSE) were scuttled when nationalistic feeling seemingly dissuaded the necessary two-thirds of voters from approving the deal. The most noteworthy by far – the highly anticipated cross-Atlantic “super-merger” between the New York Stock Exchange (NYSE) and Deutsche Börse – reached its own end when European regulators raised significant objections to the merged entity’s likely stranglehold on derivatives market share in Europe.... read more

head of Valdi Options US, SunGard's capital markets business

1
Dec
2011

Exchanges have a lot to be thankful for

Contributor:

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 inventory of the many blessings we have as individuals and as a nation. Let’s look at some of the key exchanges across the globe – and lay out what each of these exchanges can be thankful.... read more