CBOE sets record of trading volume

CBOE Holdings has announced that in September it has set a record of trading volume for options contracts on the Chicago Board Options Exchange, the C2 Options ExchangeSM, and futures contracts on CBOE Futures Exchange SM. The total contracts were 92.9 million.

The month’s average for the three exchanges, combined, was 4.9 million contracts, a two-percent decrease from 5.0 million contracts ADV in September 2011, and a 23 percent increase from approximately four million contracts ADV in August. So far in the year, consolidated ADV for the three exchanges was 4.7 million contracts – plummeting seven percent from 5.0 million contracts ADV for the first nine months of 2011.

FSA punishes four for insider trading

The Financial Services Authority has accused four guys with conspiracy to insider trading deal from November 2006 and until March 2010. Martyn Dodgson, a senior corporate broker, Andrew Hind, Benjamin Anderson and Iraj Parvizi have been bailed, but they have to show up at the Westminster Magistrates’ Court on 19 October 2012. The charges come after f Operation Tabernula, which is a long-running joint investigation between the FSA and the Serious Organised Crime Agency. Several other individuals are still being probed. CFD Advisory firm Blue Index was investigated for Insider Trading, founder James Sanders was sentenced to fours years in jail.

GBP/USD continues to be under pressure

GBP/USD traded above the 21-day EMA (1.6106) for a second consecutive day since Tuesday. It ranged between 1.6123 and 1.6185. During the closing bell in New York, it finished unchanged at 1.6130. “As yesterday, either a break above 1.6180 or below 1.6100 will likely set the tone in the GBP/USD”, said Valeria Benarik, Chief Analyst at Fxstreet.com.

Leonardo Gottems