Tokyo Stock Exchange launches new Tdex+ options trading platform

Tokyo Stock Exchange, Inc. ("TSE") is pleased to announce today the successful launch of "Tdex+ System", a new trading platform for options contracts. Tdex+ System is the advanced electronic trading system based on LIFFE CONNECT®, which has been used by NYSE Liffe , the largest European derivatives exchange by trading value, and is highly rated for its performance and functionality by investors worldwide. With the introduction of Tdex+ System, order processing performance is dramatically improved to 6 milliseconds of order response* and about 20 thousand transactions per second. Functionality for strategy trades is enhanced as well.

In addition to this, TSE also introduced the Market Maker scheme for all listed options contracts today. Market makers started to quote bid and offer continuously for not only Options on JGB Futures, which have already high liquidity, but also Equity Options.

Atsushi Saito, President and CEO of Tokyo Stock Exchange Group, Inc. said "Today's launch of Tdex+ System is the first step to further develop the TSE options market. The introduction of the Market Maker scheme provides investors the opportunity to trade Japanese options contracts in a highly transparent exchange market. I strongly believe that development of options market enhances the possibilities of alternative investments on Japanese financial markets, and greatly contributes to make Japanese markets more attractive. TSE will continue to make every effort to establish efficient and convenient markets for investors around the globe in the future."

"NYSE Euronext is privileged to play an important role in the TSE's Tdex+ System," said Duncan L. Niederauer, CEO, NYSE Euronext."Today's launch of Tdex+ is the culmination of a year long endeavor involving both business and technology teams from NYSE Euronext working in partnership with the TSE.Technology provides the foundation for future business co-operation between our two organizations, and we are committed to doing our part to deliver significant benefit and value to the TSE and its customers."

Source:
          FINEXTRA

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TSE faces competition as clearing house supports smaller platforms

The Tokyo Stock Exchange will face greater competition as a marketplace for buying and selling Japanese shares from next year after the country's main clearing house unveiled plans to support smaller alternative trading platforms.

The Japan Securities Clearing Corporation said it would start providing clearing services for the country's alternative share trading platforms from next July, a move that market participants said would help increase liquidity.

Japan's proprietary trading systems (PTS) are similar to the alternative trading platforms in the US and Europe, such as Chi-X Europe. They have won only marginal market share from the TSE in spite of having been around for at least five years.

This is partly because the trades are not cleared by a clearing house, which increases the counterparty risk for each side of the trade. As a result, many institutional investors do not use the platforms. Clearing provides a safeguard in asset trading since a clearing house acts as the buyer to every seller and also seller to every buyer in a transaction, ensuring that a deal is completed if one party defaults.

The JSCC has been discussing the viability of introducing such services since March. SBI Japannext, a PTS operator partly owned by Goldman Sachs, said it was starting preparations to use the clearing services. The JSCC said it was also in talks with other such operators. Tomohiko Hamada, a director for equity execution and programme trading at Credit Suisse in Tokyo, said: "This is good in terms of a reduction in counterparty risk from the users' perspective."

Market participants said the introduction of clearing services should help increase liquidity. It should also contribute to reducing settlement costs for investors using a number of trading venues, one participant said.

The TSE has more than 90 per cent market share, with the remainder held by Japan's regional bourses, such as the Osaka Stock Exchange. PTS platforms have about 1 per cent market share combined. Japan's largest bourse said it did not think any increase in liquidity on PTS platforms would necessarily come at the expense of the TSE.

Source:

          FINANCIAL TIMES UK

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Online FOREX Trading Platform

You need to look at few important things before registering and depositing your money in an online FOREX trading. First you need to see whether you can deposit your money into the trading platform account instantly with your credit card. Choose an online FOREX trading platform which allows you to fund your account with your credit card, so you can start trading immediately, regardless of banking work days or hours. If possible, choose a trading platform that protects your credit card security and privacy to highest standards. I believe most of these online FOREX trading platforms have this criterion.

Some trading platforms let you start trading in less than 5 minutes. They don’t have any tedious procedures for account set-up and you do not have to download any software at all. You can immediately register, deposits the margins for the deal and start running. All you have to do is login with your username and password every time you want to trade. Also, look for any hidden costs before depositing your money into an online FOREX trading. Some platforms have hidden costs and it can be very costly if you’re unlucky. Find a platform that doesn’t charge you any hidden costs. Look for FOREX online trading platform that only charges you on spreads (which is the difference between the bid price and ask price).

Outdated information can be costly sometimes because you might make wrong judgment and lose money because of outdated information. Choose an online trading platform which has Real-Time streaming quotes. Choose a platform that presented the most updated rates. Make sure you can check your accounts and positions in real-time and make a deal base on real-time information. You don’t want to lose money because of this stupid mistake. You can avoid it easily if you choose the right platform.

Choose an online platform wisely before considering on investing your money there for long term. If you choose the wrong platform, you’ll receive large and unwanted extra costs. If possible, open a mini account in few platforms and see which one suits you.

Easy forex is an online trading platform gives lots of free valuable tools. You can start trading instantly at a very low cost. However trading forex involves risks, easy forex will not be responsible for the losses incurred by forex traders.

Visit online forex trading or go to http://genuineforextrading.com to trade at lowest cost

SOURCE:
      ARTCILE MANIAC

Note:
Usually, platforms who offer online forex trading are also the one offering online stock option trading.

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Stock Options Trading Information

Stock options trading can be ridiculously tough if you don't know what you are doing. You can lose the whole of your capital within the first few days or even hours if you aren't careful. The difference between the successes and those who go broke is most often in the quality of their information. Read on to see how good quality stock information can help you.

The most fundamental thing you want to understand when you are starting out is exactly what it all means. Learn as much terminology and slang or jargon as you can. Do you really want to lose money because you don't understand what your broker is telling you? Not only will this lose your money quick time, but it will also mean your broker has less faith in you, and will be less likely to come to you with hot tips. That's not what you want – a broker with reliable tips is worth his weight in gold, so do anything you can to stay on his good side.

Make sure you are getting into stock option trading for the right reason. There are three main kinds of trading: investing, speculation, and trading. If you are looking to invest, this is more of a long term strategy, and to be

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Online Stock Option Trading News: Call Trading Picks Up on Visa Inc.

Visa Inc.
(V: sentiment,chart,options) was the center of some heavy options trading on Wednesday, as more than 53,200 contracts changed hands. This volume was more than three times the equity's average daily trading volume of 17,300 contracts, according to data from WhatsTrading.com. In addition, 66% of the volume changed hands on the call side. In the front three months of options, the most active strike was the November 75 call, which added approximately 1,300 new positions to lift its open interest up to nearly 2,300 contracts.

Overall, options players remain skeptical of the shares. The International Securities Exchange (ISE) continues to see a preference for puts over calls. The ISE 10-day put/call volume ratio comes in at 0.71, which is higher than 57% of all those taken during the past year. In addition, the Schaeffer's put/call open interest ratio stands at 1.14, as put open interest outnumbers call open interest among options slated to expire in less than three months. This reading is higher than 98% of all those taken during the past year. In other words, options players have been more skeptical of the shares only 2% of the time during the past 12 months.

Short sellers are also adding to their bearish bets. During the past month, the number of UNH shares sold short rose nearly 24% to 21 million. This accumulation of bearish bets is more than five times the stock's average daily trading volume and accounts for nearly 3% of the company's total float.

Source:
          Schaeffersresearch

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Stock Option Trading – New Options Clearing Corporation Rule

A few years ago on a Monday morning, I checked my brokerage account and to my surprise it showed that I had purchased 1,000 shares of AMD for a total cost of $15,000. The payment for this purchase was taken out of my brokerage money market account.

Why surprised you may ask. I had not put an order for this purchase nor did I really intend to buy AMD. I get to this in a little bit.

Had I wanted to sell the stock on that day, I would have received around $14,500, a loss of $500 in just a few hours. In the end it worked out and I sold that particular stock a few months later for a handsome profit.

But on that day I had a paper loss of $500 and if I didn’t have enough money to pay for the purchase, the

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Stock Option Trading To Increase Returns

There has been a steady rise in the use of stock options by investors to maximize their leverage and returns over the past twelve months. Chicago Board Options Exchange confirms this observation when they recently reported that the month of March was their busiest on record with volume up 55% over the same month last year. In fact all previous stock option trading records were broken when over 5.6 million stock option contracts were traded in a single day.

Stock option trading enables investors to increase their leverage and thus their rate of return over simple stock trading. If an investor has a solid approach to picking stocks that go up in the short term, the returns can be increased by 10 to 15 times using stock options. The trade off for this increased return is that the investor has to also judge the time period over which the increase will occur.

Being able to pick the stock, direction, and time period are all critical for successful stock option trading. A recent statistical analysis of over 30 years of stock data has revealed certain reoccurring patterns that can

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Stock Options Trading: The Risks And Rewards

Trading stock options is the process where options on stock are traded instead of the stock itself. When you purchase or sell a stock, you are buying or selling an actual part of the ownership in that company. A stock option is a contract between two individuals or businesses. Stock options are another kind of security that can be bought, sold, or traded. These securities offer great versatility, and a trader can adapt their position according to the situation. Stock options can be made as conservative or as speculative as you want to make them. Stock options are a very complex security, and there is always the risk of a loss of capital no matter who tells you differently.

A stock option is simply a contract that gives a buyer a right to purchase or sell an underlying asset at a fixed price before a set date, but does not create an obligation for the buyer. A stock option costs you a price, and

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Online Stock Option Trading: Systems Explained

Systems On Option Trading Explained

Stock option trading has always given the traders additional work of not just predicting correctly the security’s price. They also must choose the best option for trading strategies. But most stock traders incorrectly figure they can easily make the change from stocks to options.

In order to make systems on option trading (or online stock option trading) an on-going basis, the trader needs to fully understand the major differences between the stock (online stock trading) and the option trading (online stock option trading).

With the options buying, time is the enemy. If each day passes without enormous changes, the value of the premium time will decline. In order to solve it, the value of the time premium should be declining more rapidly as the option reaches its expiration. The significant factor that option traders need to evaluate is the amount of

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How Option Trading Profit In Any Market Conditions

By: Jason Ng

All stock market multi millionaires must be able to profit under any kind of market conditions. If you are able to profit only when stock markets go up, then you will find it a gargantuan task to ever have any sustainable success, much less become a stock market millionaire.

Yes! It is possible and easy to profit whether stocks are up, down or sideways using option trading. If the ability to trade all kinds of market conditions is the doorway to becoming a stock market millionaire, then option trading would be the very key.

In this article, I will outline some common ways by which you can profit from all kinds of markets by option trading. For more free option trading information, you may wish to visit www.OptionTradingPedia.com.Simple Option Strategies for Up MarketsBuy Call Option - You could buy the same number of equivalent stocks for a fraction of the price using call options and profit when the stock goes up. If the

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