Sponsorships
Chicago Board Options Exchange
The Chicago Board Options Exchange, founded in 1973, is the creator of listed options and the nation’s largest options marketplace. CBOE is the industry leader in product innovation, having created equity options, index options, LEAPS, and, more recently, Options on VIX® – CBOE’s widely followed investor “fear gauge.” CBOE, long at the forefront of options education and advocacy, is also home to the world-renowned Options Institute and CBOE.com, the Exchange’s award winning website. CBOE’s Hybrid Trading System, the most unique market model in the industry, allows customers to choose the efficiency of the screen or the added customer service benefit found in floor trading. This best-of-both approach, combined with an unparalleled range of products and deep market liquidity, makes CBOE the exchange of choice for options investors of all types. Currently, CBOE trades options on 1,766 individual equities, 56 broad- and sector- based indexes, 61 exchange-traded funds and 4 interest rate products.
Contact: Chicago Board Options Exchange, Incorporated, 400 South LaSalle Street, Chicago, IL 60605 . . . Telephone: 312-786-5600 . . . Website: www.cboe.com
Dow Jones Newswires
Dow Jones Newswires offers real-time information solutions in three distinct ways: Investing and Advice, for advisors providing guidance to individuals; Institutional for trading, institutional investment and research professionals; and Marketing Communications and Corporate Intelligence for executives charged with leading an organization or communicating with customers. Just launched for institutional pros are Dow Jones Total Coverage, a revolutionary information command center combining unprecedented real-time access to all Dow Jones news -and thousands of other sources-with state-of-the-art precision filtering and instant alerting powered by Relegence, and Dow Jones News and Archives for Algorithmic Applications, enabling firms to incorporate Dow Jones news into their computerized trading strategies.
Contact: Steve Reiser, Director of Marketing, Dow Jones Newswires, Harborside Financial Center, 800 Plaza Two, 8th Floor, Jersey City, NJ 07311 . . . 201.938.5951 . . . steve.reiser@dowjones.com . . . http://www.dowjones.com
Fimat USA, LLC
Fimat USA, LLC has taken a leadership role in introducing one of the biggest changes in customer margin rules in years, which is "Portfolio Margining" for qualified clients with options trading experience. As a result, risk-based margining is becoming available to more investors that are now subject only to traditional product-based margin requirements. Fimat USA is part of the Fimat global organization with memberships on 44 futures and options exchanges and 19 stock exchanges. Fimat is wholly owned by Société Générale Group. Fimat USA is a member of the NYSE, NASD, MSRB, NFA, SIPC, and other principal exchanges.
Contact: Tim Taylor, Vice President, Marketing & Investor Services, 220 Bush Street, Suite 650, San Francisco, CA 94104 . . . 415.733.2863 . . . Tim.Taylor@Fimat.com . . . www.FimatPreferred.com
LDB Consulting, Inc.
LDB has developed the Risk Based Margin (RBM) product to compute Portfolio Margin charges. Leveraging off our expertise in providing Risk Based Haircut calculations to 80+sites over the last 12 years, LDB began licensing RBM to firms in 2006.
The RBM program computes portfolio margin charges as defined in SEC releases 34-54918 and 34-54919. Equities, stock baskets, exchange traded funds (ETFs), options, futures, and other eligible equity securities are margined using theoretical profit and loss numbers generated by the OCC. Users may generate their own PL numbers for unlisted equity derivatives and the RBM program will merge them with the OCC to produce maximum relief against listed products.
The Basket WeaverT may also be licensed as an add-on to the RBM system. The Basket WeaverT analyzes account holdings and works to create and optimize stock baskets that are properly hedged and capitalized per the rule.
Charles Greiner, Vice President, LDB Consulting, Inc., PO Box 512, Valparaiso, IN 46385 . . . 219. 477.9007 . . . cg_ldb@att.net . . . www.ldbci.com
SunGard
SunGard's Margin Advisor is a real-time, multi-currency solution comprised of best of breed applications designed to deliver sophisticated and effective credit monitoring. Margin Advisor is an intraday and end-of-day margining solution that measures and manages margin account exposures and obligations for strategy and risk-based accounts. Brokers may integrate Margin Advisor with any source system to effectively process margin account activities pursuant to the broker's specific credit policies.
It automatically issues and abates margin calls, day trading activities, maintains automated logging of resolved obligations, provides account level overrides and combined account functionalities. Margin Advisor supports all published regulatory accounting and credit processing requirements, minimums, strategies, and computational formulas. The newest features provide compliant portfolio margin accounting functionalities that integrate risk and strategy-based computational approaches for designated risk based accounts.
Jeff Pierce, Sr. Product Manager, SunGard, 3 Van de Graaff Drive . . . 781.999.9009 . . . jeff.pierce@sungard.com . . . www.sungard.com