iPath S&P 500 VIX Short-Term Futures ETN (VXX)

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The Weekly Options News Roundup
By Kevin Hornsby | August 6, 2017

The Futures of Bitcoins

On Wednesday, CBOE announced that it has entered into an exclusive license agreement with Gemini Trust Company to use Gemini’s bitcoin market data for bitcoin derivatives and indices.

Under the terms of the agreement, CBOE will have a multi-year exclusive global license permitting it to use Gemini’s market data, including Gemini daily bitcoin auction values, in the creation of bitcoin derivatives products for listing and trading. Pending regulatory review1 by the CFTC, cash-settled bitcoin futures are planned to be made available for trading on CFE in the fourth quarter of 2017 or early 2018.

Moreover, CBOE will retain exclusive rights to use Gemini market data for the creation of new indexes, as well as rights to distribute Gemini market data over CBOE’s market data feeds. Additional details can be found in the press release.

“CBOE Teams Up With Winklevoss Twins for Bitcoin Data” – Gunjan Banerji, The Wall Street Journal
http://on.wsj.com/2ubdwZv

“CBOE to Launch Bitcoin Future Contracts” – Philip Stafford, Financial Times
http://on.ft.com/2v5T9du

“CBOE Plans to Launch Bitcoin Futures, Announces Agreement with Winklevoss Brothers’ Digital Currency Exchange” – Evelyn Chang, CNBC.com
http://cnb.cx/2vAdevu

“CBOE and Gemini Strike Bitcoin Data Agreement” – Helen Bartholomew, International Financing Review
http://reut.rs/2vwXGYV

“CBOE to Use Bitcoin Market Data for Derivatives Products” – Georgia Reynolds, EQ Derivatives
http://bit.ly/2voMVYF

“CBOE Cuts Deal With Bitcoin Market Gemini Over Derivatives” – Julie Aelbrecht, Global Investor Group
http://bit.ly/2huUV4X

VIX Fix: Record-Palooza

As music lovers descend on Chicago to attend the popular music fest Lollapalooza, markets are also rocking. Companies continued to report strong corporate earnings this week, causing major market indicators to reach new milestones and “shadoobie, shattered” records. The Dow Jones Industrial Average (DOW) went platinum this week -- crossing the 22,000 mark for the first time in history on Wednesday, after a series of consecutive record closings. A better than expected jobs number added more fuel to the rally, Meanwhile, the volatility song remains the same for investors as the VIX Index hovers at all-time lows between the nine and ten levels(if only we could get VIX to “go to 11”!) So as the sweet sounds of a rising market prevail, volatility is missing out on the party.

“CBOE’s Rhoads on How Low VIX Can Go” – Sumit Roy, ETF.com
http://bit.ly/2hudtCo

“After the VIX Record Low, What’s Next?” – Bernie Schaeffer, Schaeffer’s Investment Research
http://bit.ly/2voVEu4

“The VIX Trade No One Is Talking About!” – Peter Tchir, Forbes
http://bit.ly/2huC0qU

“Traders are Betting Big on a Stock Market Shock – Joe Ciolli, Business Insider
http://read.bi/2u8AbBS

“Are Fear Levels at an All Time Low?” – Nikolai Kuznetsov, Forbes
http://bit.ly/2wsC0tQ

http://www.cboe.com/blogs/options-hub/2017/08/06/the-weekly-options-news-roundup-8-6-2017

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