Here’s a look at The Options Insiders favorite tweets of the week.
Financial exchanges/options markets
BREAKING: Class action suit filed against 13 exchanges including NYSE, BATS, NASDAQ & CBOE over HFT: http://cnb.cx/1pNHGIP?
Markets Finish With Fresh Record Gains on Jobs Data Positivity http://trib.al/SQhdZAF?
Peyton Manning was the Super Bowl MVP last time $VIX was under 11 | http://on.wsj.com/1mYVpYn? via @WSJMoneyBeat $VXX
Chair White recommending measures to further promote mkt stability & fairness, enhance mkt transparency & disclosure: http://ow.ly/xFDQN?
U.S. CFTC & Australian Authorities Sign MOU to Enhance Supervision of Cross-Border Clearing Organizations http://jlne.ws/1hfKQm4?
For first time in five years, institutional investors fork over more in stock trading commissions http://on.wsj.com/1p7i3jN? via @DanStrumpf
As I’ve said many times, pretty much everybody is co-located and used DFs: Joe Ratterman, BATS: 90% of volume comes from co-located firms
SEC’s Gregg Berman says market fragmentation is an important topic but there is little/no evidence that it has made markets less stable.
Volatility is at historic lows. The options market is apoplectic, as stock prices, and risks rise. http://on.barrons.com/1oWqwc3?
Senate confirms Timothy Massad as CFTC Chairman, Reuters reports.
S&P 500 up/down >2% only three days this year vs. seven last year, 68 in 2011 and 133 in 2008 http://on.wsj.com/1otVFQ9?
The Fed’s Beige Book reports economic growth in all 12 Federal districts, with employment prospects generally strengthening. S&P500 +0.20%
Q&A with Timothy Geithner: “We should feel good about some things, not so good about others.” http://on.wsj.com/Ubuocs?
May’s monthly auto sales rate clocked in as the highest since February 2007. #RapidRecap
*WSJ’s HILSENRATH: Fed Officials Growing Wary of Low Market Risk Spreads, Volatility | More to come: http://WSJ.com/markets?
Seattle approves highest U.S. minimum wage, $15 per hour: http://cnb.cx/1opAG12?
2013/2014
*Pimco Total Return Fund’s assets fall to $229 billion in May vs $230.4 billion in April; biggest monthly outflow since Oct 2013
This and That
#MiniAbe on the 29 anniversary of Ferris Day Off. What might Ferris do today? @Buzzfeed knows: http://bzfd.it/U97NNA?
$BP‘s Gulf of Mexico #oilspill disaster just got a whole lot worse… Video: http://trib.al/5AaKf8y? via @JoeDeaux
22,000 Union flags reading ‘Thank You’ have been laid in memory of D-Day veterans on Gold Beach in Normandy.
Donald Sterling has dropped his lawsuit against the NBA and has agreed to sell the Clippers to Steve Ballmer. (via @JGolden5)
Amazon will unveil a new mystery device in two weeks. #RapidRecap http://amp.twimg.com/v/31994b9d-03dc-4501-a0d4-484053cda496??
BREAKING: Sprint & T-Mobile generally agree on terms for summer merger; $S would buy $TMUS for about $40/share – DJ ? http://cnb.cx/1hzNe7s?
US fans would only spend $37 to ensure a World Cup victory, lowest on record?http://on.wsj.com/1p7kaEd??via?@TweeterVedi
The world must invest nearly $50 trillion to meet its energy needs by 2035: http://cnb.cx/1oRvCpZ?
Bloomberg News?@BloombergNews
One in seven people regret their tattoos, and more than ever pay thousands for removals: http://bloom.bg/1rzWX1V?
