Correspondent, Chicago
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May 25, 2013
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May 23, 2013

U.S. options clearer moves to end trade type dominated by Nasdaq

SAN FRANCISCO, May 23 (Reuters) – The clearinghouse for all
U.S. stock options said Thursday it will adopt a policy aimed at
abolishing a dividend-linked trading strategy that critics say
could destabilize markets if left unchecked.

The change at Chicago-based OCC is likely to hurt market
share at Nasdaq OMX Group Inc’s biggest options venue,
where nearly all of U.S. dividend-linked options trading takes
place.
May 23, 2013
May 23, 2013
May 23, 2013
May 22, 2013
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    • About Ann

      "Coverage includes Federal Reserve regional banks, U.S. monetary policy, interest-rate futures markets, and financial exchanges and clearinghouses serving the derivatives marketplace, including CME Group."
      Joined Reuters:
      2010
      Languages:
      English, Japanese

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