Futures (Cedar Falls, IA) articles from September 2005

Futures (Cedar Falls, IA) archives from September 2005

Managing risk in all seasons: Richard Sandor knows a thing or two about innovation. His work in interest rate futures and now in trading emission allowances has been at the forefront of change in the futures industry. Futures delves into these innovations and explores what the industry can expect next.(Interview)
September 15, 2005... Richard Sandor was the principal architect of the Chicago Board of Trade's (CBOT) 30-year bond contract, an innovation that along with the Chicago Mercantile Exchange's currency futures, transformed the futures industry from one that served a...

We miss the wacky jackets, but dig those tight spreads! The global trading pit has arrived--and with it, world-class liquidity and a whole new breed of people providing it. Here is a look at how the texture of trading has changed with the shift to screen-based execution and sponsored market making.
September 15, 2005... For a few days in Frankfurt and London earlier this year, the trading pits were alive again--sort of. Hugh Curran and his team of "runners," all decked out in green-trimmed blue trader's jackets, frantically gathered orders from novice traders...

The new contract explosion: commodities are hot and an infusion of cash and investor interest is driving the creation of new products. Here's a quick look at several new products and insight from the people who created them.
September 15, 2005... More people in more diverse sectors are realizing the need for risk management and the benefit of futures as a risk management tool. One of the manifestations of this is the number of new contracts being launched. In 2005, 35 new futures...

Futures vs. cash--what's the difference? The explosion of popularity in forex trading is due to growth of third party spot trading platforms. The advent of 23-hour electronic futures has closed the gap between futures and spot, but there are still some differences.
September 15, 2005... It is difficult these days to surf the net, flip through a business periodical, or even read this magazine without being offered an opportunity to trade "forex." Indeed, tens of thousands of transactions turn more than several trillion dollars...

Forex regulation in spotlight: regulatory ambiguity resulting from the Zelener decision is one of the major issues the CFTC is addressing in its reauthorization this year. The NFA and forex firms weigh in.
September 15, 2005... When the Commodity Futures Trading Commission (CFTC) goes through its periodic Congressional reauthorization this year, retail forex, in particular the Zelener decision, will be at the fore-front of review. The Zelener decision produced...

The front end of electronic futures activity: black box vs. grey box; Independent software vendors, the industry participants perhaps most responsible for the explosive growth of electronic trading, have not been rewarded for their innovations. Is a new era in the offing?
September 15, 2005... Institutional independent software vendors (ISV) in the futures markets such as Trading Technologies (TT), Patsystems, EasyScreen, GL Trade, RTS, NYFIX, Ffastfill, and a host of others, provide the software to connect a trader to the electronic...