- Short-term volatility and event risk drives growth in Ag options
On June 30 the U.S. Department of Agriculture (USDA) will release its annual Acreage Report providing market participants with statistics on the crops planted in 2014. This report’s history of sparking dramatic price movements’ has all market participants focused on grains in the last week of June.
Whether you are looking for a cost effective way to hedge risk or a way to access the short-term volatility associated with these reports there are products to help you manager risk and take advantage of short-term volatility.
OneChicago, an equity finance exchange, is launching a listing of weekly futuresproducts with next-day settlement to each day of the week.
The first weekly futures products will launch on Friday June 20 on four exchange traded funds (ETFs) based on the S&P sector funds and on Apple(NYSE:AAPL) stock futures. The ETF weekly futures will be based on the Financial Select Sector SPDR Fund (XLF), the Energy Select Sector SPDR Fund (XLE), the Technology Financial Select Sector SPDR Fund (XLK) and the Industrial Financial Select Sector SPDR Fund. They will settle each day of the week based on a one-week time frame.
OneChicago expects to roll out additional weekly options products shortly after the initial launch.
- The Hydra Platform via Typhon Access has launched
Typhon has a wealth of experience operating multiple investment vehicles, and we are excited to announce that the Hydra Platform—a platform solution to allow managers and customers to easily find each other while providing proper checks and balances—launched in May.
With Hydra, investors are able to invest in a wide range of CTA and macro managers from some of the most prominent managers in the world to emerging specialists operated both by Typhon and external managers. Hydra gives investors the best balance between fund and SMA investments with liability protection, excellent transparency and liquidity, and the ability to notionally fund investments. We have structured the investment vehicles with a strict focus on internal controls to try and protect both investors and managers from operational risk every way possible and teamed with top-flight, independent service providers to enforce those controls.
If you are a manager or investor and would like to discuss the platform in further detail, please visitwww.typhonaccess.com. Also, soon you will be able to view daily performance updates of all of Typhon Capital’s managed account strategies on www.typhoncap.com.
More on Exchanges
- Brown Brothers Harriman selected by Lord Abbett for launch of UCITIS playform
Brown Brothers Harriman (BBH) today announced it has been selected to provide full service support, including passive currency administration, for Lord Abbett’s newly launched Irish UCITS platform.
Entitled 'Passport Portfolios,' the fixed income fund range initially consists of the Lord Abbett Short Duration Income, the Lord Abbett Strategic Income and the Lord Abbett High Yield funds. The funds, which have surpassed $250 million in inflows since their launch in March, will be marketed first in the UK, Ireland, Netherlands, Denmark, Finland and Norway. Other European markets are expected to follow.
- Orbex launches Orbex Web TV for traders
Making it easier to get the latest news on global stocks, forex, commodities and more from the New York Stock Exchange (NYSE), Orbex recently launched Orbex Web TV in cooperation with Trading Central. Trading Central is a leading investment research provider to financial market professionals with technical strategies covering equity, index, forex, commodities and fixed-income markets.
Traders and partners can now watch Orbex Web TV video reports directly from the NYSE with a focus on global stocks, forex and commodities twice a week as well as exclusive trading opportunities identified by the best technical research team in the industry.
“With our ongoing focus on enhanced customer service, we are pleased to help traders get the latest information and reports via Orbex Web TV,” said Abdullah Abbas, Managing Director of Orbex. “We appreciate the opportunity to work with Trading Central to offer expanded information for our traders and partners across the globe who are interested in forex, stocks and commodities as well as updates from the New York Stock Exchange.