Futures (Cedar Falls, IA) articles from January 2006

Futures (Cedar Falls, IA) archives from January 2006

Economic fusion.(EDITOR'S NOTE)
January 1, 2006... Becoming more popular are "fusion" restaurants, those that blend the exotic tastes of two cultures, for example, Asian and French. By taking the best of both, the flavors are sometimes bolder or subtler but typically better. [ILLUSTRATION...

Finding the funds.(Sound Off!)
January 1, 2006... In "Hot new CTAs: Squeezing cost to increase returns," October 2005, there was a profile on K2 Capital Management. Do you have contact information for them? Thanks! P.S. Your magazine is tops in my book! --Kevin G. Oscar Liddy, via...

Finding divergence in volatility.(Sound Off!)(Letter to the Editor)
January 1, 2006... I really enjoyed the article "Volatility cues can lead equity prices," November 2005, and found the volatility oscillator techniques promising. I am unclear about the calculation of the values used to determine divergence and the method itself....

Yes. China. There is a Liu Qibing: will China honor bad trades?(China's State Regulation Center of Supplies Reserve)
January 1, 2006... If Liu Qibing had worked for an American trading company and "disappeared" after racking up huge losing short positions on an American exchange, we'd know everything down to his underwear size. But because Liu worked in the Import and Export...

Done deal? NFA fines RefcoFX bidder.(Trendlines)
January 1, 2006... Ironically, another potential acquirer of Refco business is facing regulatory problems. The National Futures Association (NFA) levied a $110,000 fine against New York-based Forex Capital Markets (FXCM), a futures commission merchant forex...

Joe Murphy resigns: Refco roundup.(Trendlines)
January 1, 2006... While Man Financial Inc., a wholly owned subsidiary of Man Group plc, has completed its $262 million purchase of Refco LLC, the regulated futures arm of Refco Inc., the drama surrounding the fourth largest U.S. bankruptcy case continues to...

Late nights: Eurex boosts U.S. volume.(Trendlines)(Eurex US)(Brief Article)
January 1, 2006... The swirling speculation on the fate of Eurex's Chicago venture, Eurex US, has focused on whether the subsidiary adds strategic value and whether it turns a profit. The first question can only be answered if the exchange deploys a strategy...

Tipping point: electronic options.(Trendlines)
January 1, 2006... The one exception to the inevitable march towards electronic trading of financial futures contracts has been options, but that may be changing with technology upgrades and traders more comfortable with screen trading wanting to trade options....

Chartview: miNY (finally) launches.(Trendlines)
January 1, 2006... The New York Mercantile Exchange (Nymex) finally brought its miNY natural gas and crude oil futures contracts in house to trade on ClearPort from the Chicago Mercantile Exchange's (CME) Globex platform. The launch coincided with the...

Five more years? Reauthorization takes a step closer.(Trendlines)
January 1, 2006... It is possible, though probably not likely, that the Commodity Futures Trading Commission (CFTC) will be authorized for five more years before Congress breaks for the holidays. The House Committee on Agriculture on Dec. 7, approved a...

Lse going once, going twice ...(International News)
January 1, 2006... January is a big month for the London Stock Exchange, in fact, it may be one of the institution's last as an independent entity, according to an announcement posted on the U.K. Competition Commission's Web site stating it will publish its...

Mous the time.(International News)
January 1, 2006... The CME and the Korea Exchange (KRX) renewed their memorandum of understanding (MOU) to pursue joint business development initiatives in derivatives products. Under the agreement, originally signed Oct. 22, 2002 with the Korea Futures...

Who will ring the bell?(New York Stock Exchange)(Brief Article)
January 1, 2006... It wasn't even close. With 90% of members voting, a 95% majority of New York Stock Exchange (NYSE) members approved the acquisition of Archipelago Holdings Inc., a move intended to propel the exchange through the transition from membership...

One last stand on registration.(Managed Money Review)
January 1, 2006... While much of the hedge fund world has come to accept, albeit begrudgingly, the soon to become effective (Feb. 1, 2006) Security and Exchange Commission (SEC) hedge fund registration rules, one man is holding out. Phillip Goldstein,...

Downs moves to Fimat.(Yvonne J. Downs)(Brief Article)
January 1, 2006... Yvonne J. Downs has been named director of derivatives compliance for Fimat USA and will serve as the firm's chief anti-money laundering officer. Previously, Downs spent five years as senior vice president (SVP) of compliance for the National...

Chicago Mercantile Exchange.(Trading Places)
January 1, 2006... Christopher Mead has been named director of product marketing at the Chicago Mercantile Exchange (CME). Most recently, Mead was the VP of corporate marketing, advertising and business communications for CNA Insurance; he was also VP of...

Peregrine Financial Group.(Trading Places)
January 1, 2006... Kem Chong has been named director of Peregrine Financial Group's newly formed Asian Division. Chong spent the previous 10 years working with Asian derivatives at Refco's Private Client Group, formerly Lind Waldock.

CFCT.(Trading Places)
January 1, 2006... CFTC General Counsel Patrick J. McCarty has stepped down as general counsel and has announced he will leave the CFTC.

Federal Reserve.(Trading Places)
January 1, 2006... Ben S. Bernanke was confirmed to be chairman of the Federal Reserve.

CPM Group.(Trading Places)
January 1, 2006... Richard Hansen and Mark Hansen have joined CPM Group as partners.

The monetary policy outlook for 2006.(Market Watch)
January 1, 2006... As the Federal Reserve nears the end of its process of removing monetary policy accommodation, it faces some difficult choices. It must decide whether to raise interest rates beyond "neutral" and by how much, and what exactly constitutes...

Dow breakout?(Hot Commodities)(Brief Article)
January 1, 2006... If when you read this the Dow Jones Industrial Average is above 11,000, look for a positive 2006, according to market analysts. While the November rally was impressive, it just brought the Dow to the top of a yearlong range; to confirm that the...

A hankering for yen?(Hot Commodities)(Brief Article)
January 1, 2006... The Japanese yen has dropped to levels against the dollar not seen since 2003, which has Japanese exporters ecstatic. It is a far cry from the beginning of 2005 when the yen threatened to reach parity with the dollar. The Japanese government...

Gold biscuits, anyone?(Hot Commodities)(predicting gold prices)(Brief Article)
January 1, 2006... The perception of inflation in the energy sector combined with expectations that a period of dollar strength is coming to an end has driven gold upwards of $517 per ounce as of press time. "The technicals look fantastic," says Charles Nedoss,...

2006 economic outlook.(MARKETS)(Cover Story)
January 1, 2006... While the twin deficits, talk of inflation and the potential for high oil prices linger as threats to the economy in 2006, many believe momentum spilling over from 2005, including the rebuilding after the hurricanes, a solid housing market and...

Tech talk: shifting trends in interest rates.(MARKETS)
January 1, 2006... In 2005, the U.S. dollar rebounded as interest rates prompted a 14.5% rally in the Dollar Index. As we round the corner into 2006, interest rates will continue to be a dominant driver of currency movements. However, shifting trends in interest...

The low-price cure?(Market Strategy)
January 1, 2006... "The cure for low prices is low prices," according to an old market axiom. That being the case, grain prices could be on the way to recovery in 2006, at least from a technical viewpoint after post-harvest lows for corn futures prices fell well...

Evolution of the forex trader.(Forex Trader)
January 1, 2006... New forex traders too often mistakenly try to master technical analysis as a first step in preparing to trade. A ritual practice for novice traders is to use as many technical indicators as possible. As a result, a great deal of time is spent...

Buy them right: so-called buy write strategies have been around for decades, but they are just now experiencing a rapid increase in popularity. In the first of two parts, we explain how you can put these financial tools to work for you.(concept of covered call writing gaining popularity)
January 1, 2006... Investors have added more than $13 billion to buy-write strategies through the past year, so says the Chicago Board Options Exchange (CBOE). This is a sign that investors are comfortable with the concept and believe it fills a need. But what...

Charting for day traders: proper charting techniques are probably more important for day traders than any other class of investor. Here's review of the right way to use various charting techniques in intraday markets.(methods of day trading)
January 1, 2006... Day trading requires precision in the technical analysis of intraday charts. Today's day traders require tools that help them make fast decisions with accurate analysis of price and volume, as well as assess the current condition of the overall...

Tools for every trader's toolbox: while it is best for a trader to have a set methodology and the discipline to follow it, there are some common sense tools that can augment a successful trading strategy.(best trading strategies )
January 1, 2006... Most successful veteran traders agree that sound money management is more important than methodology when it comes to trading. In other words, a trading method cannot produce sustained profits without applying sound money management principles....

Crude oil: where to now? Crude oil is a historically volatile commodity. It has gone from $40 per barrel to $10 and now to $50 and beyond. What is the current long-term trend in oil?(TRADING TECHNIQUES)
January 1, 2006... One of the most common errors made by traders is they adopt too many technical indicators and overoptimize: paralysis by analysis. For example, a client who had been day trading with modest success asked for trading advice, I saw a...

Trading interest rate inefficiencies: the stability and predictability of eurodollar futures calendar spreads makes them attractive for interest rate trading strategies. But to become fluent in eurodollar forecasting, you'll need to learn a little about U.S. Treasuries.(TRADING TECHNIQUES)(Calendar)
January 1, 2006... Two attributes of eurodollar futures make them a reasonable addition to most portfolios. First, changes in spreads between quarterly adjacent futures contracts tend to be small, usually one-half basis point at a time, and the pattern of spreads...

How to trade economic indicators: every week the government or others release valuable economic measurements, or indicators, that traders use to determine their next trading move. Which indicators are the most important, and why?(FUTURES 101)
January 1, 2006... Nearly every day, a government agency or some other institution releases economic data that affects the markets. That markets respond to the release of economic data is a given, but with so many public and private agencies publishing economic...

Highs and lows of e-markets.(Electronic markets)
January 1, 2006... Although electronic order matching has been around for quite some time, the number of screen traders on electronic platforms like Globex and eCBOT, has exploded in the past couple of years. For an old school trader like myself, who was...

Strategy Runner Lite; Strategy Runner Pro.(Software Review)
January 1, 2006... Strategy Runner Lite; Strategy Runner Pro Strategy Runner (U.S.) Limited 156 North Jefferson, Suite 301 Chicago, IL 60661 1-866-312-1184; 1-312-643-0595 Fax: 1-312-643-1127 E-mail: info@StrategyRunner.com ...

Alternatives abound: all alternative investment programs claim to be noncorrelated to traditional investments, but how do they correlate with each other and in which market conditions do they perform best in?(noncorrelated in bull market and negatively correlated in bear market conditions)
January 1, 2006... The world of alternative investments is growing and with investors, both institutional and retail, realizing the need to have alternatives to a traditional stock and bond portfolio, alternative managers need to better define themselves. While...

New York: attend the most comprehensive active trader Expo.(Advertisement)
January 1, 2006... New York * February 18-21, 2006 Marriott Marquis Hotel * New York, NY [ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED] Why Traders of All Skill...

A billion here, a billion there ... it adds up: both China and India have spawned massive networks of retail futures brokers servicing domestic speculators, but neither country has managed to bring smaller commodity participants into the hedging game in a big way. The result is a volatile mix of peril and promise, boom and bust--in short, business as usual in the Wild, Wild East.(reports of stock exchange)
January 1, 2006... "China and the United States are becoming more and more alike," gushes Mabel Xu, a native of China who is working towards her masters in finance at the Illinois Institute of Technology (IIT). In the next breath, she describes something she...

Chicago Mercantile Exchange.(new product Rogers International Commodity Index )(Brief Article)
January 1, 2006... The Chicago Mercantile Exchange has launched the Rogers International Commodity Index (RICI) TRAKRS product, developed jointly with Merrill Lynch. The Rogers Trakrs is designed to provide customers with an effective way to invest in the...

Dow Jones Indexes and Wilshire Associates Incorporated.(CONTRACTS)
January 1, 2006... Dow Jones Indexes and Wilshire Associates Incorporated announced that five Dow Jones Wilshire U.S. indexes will serve as the basis of exchange-traded funds (ETFs) being launched by State Street Global Advisors (SSgA). www.djindexes.com and...

Adaptrade Software.(SOFTWARE)
January 1, 2006... Adaptrade Software has released version 2 of Market System Analyzer (MSA), a money management software application for stock and futures traders. The program is designed to improve trading results for existing trading systems and methods using...

SuperDerivatives.(SOFTWARE)(launches SD-CM software)(Brief Article)
January 1, 2006... SuperDerivatives has launched SD-CM, a real-time pricing and risk management system for options on commodities. SD-CM offers real time accurate market prices on commodities and options classes including vanilla, structured products and popular...

Options Industry Council.(CUSTOMER SERVICE)
January 1, 2006... The Options Industry Council (OIC) has relaunched its Web site, www.888options.com, which now features interactive options learning tools and improved usability and has been structured to allow investors to find content that matches their...

YJT Solutions LLC.(CUSTOMER SERVICE)
January 1, 2006... YJT Solutions LLC has launched a 24-hour Command Center that will monitor and provide maintenance to trading networks. The Command Center solution includes a blend of real-time, customizable monitoring technology combined with the capability to...

Contract dates.(Dateline)(Calendar)
January 1, 2006... 2 FND: BM & F Conillon coffee F, Corn F, LTD: BM & F Alcohol OF. [TABLE OMITTED] 3 FND: BM & F Alcohol F. 6 LTD: CME CME $ Index OF, Currencies OF, Rand OF. 8 LTD: CBOT DJCI F. 9 LTD: BM & F Alcohol F. 13 LTD: BM & F...

Events coming up.(Calendar)
January 1, 2006... Call the numbers listed for more information. For other seminars, see the classifieds on pages 72-77. GAIM USA 2006. JAN. 23-25. Boca Raton Resort and Club. Boca Raton, Fla. www.gaimusa.com. (941) 951-7885. E-mail: register@iirusa.com. ...

Michael Hecht: the art of trading FX.(Foreign Exchange)
January 1, 2006... Danish currency fund manager Michael Hecht has been trading currencies longer than--well, longer than he's been trading currencies. "We had a family business," he recalls. "My dad began exporting porcelain collectibles to the United States...

Categories of futures/options firms.(Directory)
January 15, 2006... The firms listed in Futures' 2006 SourceBook are broken into four groups--brokers/advisors, information suppliers, electronic/computer services and professional services. Some categories are defined by the NFA or CFTC; some are...

Futures & options industry firms.(Directory)
January 15, 2006... The following is an alphabetical listing of U.S. firms serving the futures and options industry that responded to our requests to be listed in the Futures' 2006 SourceBook. The basic listing includes the firm name in boldface type followed...

Sign up for a free 2-week trial of trends in futures.(Advertisement)
January 15, 2006... AS THE NEW EDITOR OF THE TRENDS IN FUTURES, the analytical, educational and trading advisory service, I wanted to introduce myself to you. Over the past 20 years I've been involved in the futures markets as a trader, analyst and author. Much of...

Futures & options exchanges.
January 15, 2006... Here we list the world's futures and options exchanges. U.S. exchanges first, then overseas exchanges, alphabetically by country. Only U.S. contracts with a minimum average daily volume of one are listed while only non-U.S. contracts with a...

Industry regulators.(Directory)
January 15, 2006... CHECKING ON YOUR BROKER Most of us will be involved with an industry regulator only when checking on the disciplinary history of brokers and trading advisors. The best way to check on U.S.-based firms is through the National Futures...