With 2012’s down year for options volume, the trend has continued in 2013. This is causing efficiency concerns for trading among buyers and sellers reports Markets Media?and this will likely be a hot topic of conversation at next week’s Options Industry Conference.
Additional discussions could include the search for additional and improved?liquidity with lower volatility as well as a look at new regulations and market stability, according to a few buy-side traders.
Ellen Greene, vice president of financial services operations at Securities Industry and Financial Markets Association (SIFMA), sees advocacy and operational issues relevant to the “consistency and quality of retail customers? experience in the listed options market” as an emphasis next week according to Markets Media.
Greene added that the limit up/limit down rules that have been implemented for the equity markets will probably be discussed as the the U.S. Securities and Exchange Commission didn?t include this for options in its recent report.
But there’s more. Greene also sees regulatory fees, notifications and frequency to also be topics of discussion.?
And keep in mind, there’s also?the upcoming penny pilot expiration set for June 30. SIFMA has said it would like to see SEC make it a permanent rule.
June options expiration processing will move from Saturday morning after expiration to Friday evenings for those contracts expiring after Feb. 1, 2015. The conference will likely discuss how to make this transition a smooth one.
Sounds like a jam-packed agenda for Sin City. Here’s a look at the agenda for the Options Industry Conference.