Barry Lind was a futures industry legend. The Lind of Lind-Waldock. Barry died in car accident last night. I sat on several committees...
Very risky. To hedge a purchase of a discounted future you must get short Delta somewhere. If you choose the underlying stock you will need to...
www.onechicago.com has a great deal of info on SSF. I recently hosted a number of discussions with members of the media that deal with...
YELP is a Hard-to-Borrow stock. The fees paid to borrow the stock are priced into the SSF as a negative interest rate. This negative rate...
Equity derivative traders (options or futures) are not entitled to dividend distributions unless exercised or taken to delivery prior to ex_date....
Better capital treatment. If the SSF leg is in a futures account they are subject to a higher initial performance bond of ~20%. If the SSF...
While SSF can and should sit in a securities account the answer is no they aren't covered by SIPC. SSF are not an asset. They are a contingent...
Sorry, Hmm, so I am currently a little confused: - you do not transact This is correct - you are not a counter party to any transaction...
Hmm, so I am currently a little confused: - you do not transact - you are not a counter party to any transaction - you are not an exchange...
In a previous post you have asked: "Would you mind telling all of us here how you derive profits for your firm from such transactions?" Of...
________________________________________________________________________ Please understand I am not offended in any way. However I would like to...
You should be able to route to Smart, IBEFP or ONE using the TWS Choose ONE to route the order to our BETS match engine. There is no size...
Very sorry for the confusion. If you are simply trying to find yield for cash then Selling the EFP is the trade you are after. This works with...
For the above situation where the SSF are trading in a backwardation mode (given a positive interest rate and a positive time horizon with no...
A simple formula for a NoDivRisk contract is: SSF= Stock + Interest A simple formula for a NoDiv Risk EFP is: EFP= SSF - Stock Which can...
There are a number of EFPs that are constantly being quoted with associated sizes displayed. I attached the link in a prior post but will...
Can you just walk me through the logistics. Say for this illustration, I wanted to simultaneously long the underlying stock while selling the...
As a follow up to my last post: I failed to mention that OneChicago has a more institutionally oriented match engine for blocks and EFPs call...
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