Mark Shore (Shore Capital Research) & Megan Morgan (Eurex Exchange) discuss details of the construction of the European VSTOXX® volatility index and the similarities and differences from the VIX, the growth of VSTOXX® futures and options and utilizing VSTOXX® derivatives for directional trading and spreading.

The webinar also dicusses the newly listed VSTOXX® Options on Futures, which are now available for US traders and investors since February 2017.

Follow Mark Shore on Twitter, Facebook and Linkedin

Mark Shore has more than 30 years of experience in the futures markets and managed futures, publishes research, consults on alternative investments and conducts educational workshops. www.shorecapmgmt.com 
​
Mark Shore is also an Adjunct Professor at DePaul University’s Kellstadt Graduate School of Business, where he teaches the only known accredited managed futures course in the country. He is also a Board Member of the Arditti Center for Risk Management at DePaul University.
​
Past performance is not necessarily indicative of future results. The opinions expressed are only for educational purposes. Please talk to your financial advisor before making any investment decisions.

The NIBA Presents:
Annual NIBA Fall Chicago Conference 2017

“The Fall Chicago Conference is the largest of the association’s annual events. Industry leaders from all aspects of the business come together to discuss and educate on the most relevant topics for our membership. Registration is required and space will be limited.”

Established in 1991—the ​National Introducing Brokers Association (NIBA) was created to serve as an independent representative for Introducing Brokers. Today the NIBA known as the NIBA, and is one of the foremost, nationally recognized organizations providing representation and education for registered derivatives professionals including IBs, CTAs, CPOs, and APs.
​
The agenda of the conference includes:
-Opening Remarks from the NIBA
-Keynote Speaker – Jack Schwager
-Compliance Panel – When to Fight vs When to Settle an Enforcement Action
-State of the Industry Armchair Address
-Economic Update – Blu Putnam
-Cryptocurrency Trading Panel
-Fintech – Big Data and AI in the Futures Industry
-Quant Corner Breakout Session – Featuring Mathematical Finance Programs from the University of Chicago, Northwestern University, DePaul University and IIT
-NFA Rep Panel
-Weather Presentation – Megan Glaros
-Raffle Give Away (Bitcoin)
-Conference Wrap-up
 
Date: Thursday September 14th, 2017
Time: All day
Venue: CME Group Inc., 20 S. Wacker Drive, Chicago, IL 60606
 
Reception immediately following the event
For more information and registration click here

John Lothian News Hosts:
MarketsWiki Education Intern Recruiting event

The Monday of FIA Expo week in Chicago students interested in summer internships in the financial markets community are invited to a jobs fair and presentation from industry leaders.
​
The event will be on Monday, October 16 at the Chicago Board Options Exchange at 400 South LaSalle, right off the Van Buren Brown Line stop.

Following the presentations there will be more time for networking and meetings with recruiters.

Details are below and a preliminary sign up form. They will be sharing a webpage for resume uploading in the coming weeks. They will also be welcome to share a 60 second elevator pitch video on the site that will be shared with firms recruiting interns.

Details:
Tentative timeline of events:
2 p.m. – 3 p.m. Meet the students: Interviews and quick meetings with potential interns
3 p.m. – 4:30 p.m. MarketsWiki speakers present (6 speakers, 10-12 minutes each)*
4:30 p.m. – 5:30 p.m. Networking and more meetings with students

For more information and registration click here

​The NIBA and DePaul University's Arditti Center for Risk Management Present:

The 4th Annual Futures Industry Joint Symposium  

Each year industry leaders discuss the topics most relevant to NIBA members, and together, we create actionable solutions. Registration is required – attendance is complimentary for registered derivatives professionals.

Agenda:
Jerry Nolan, NIBA Board Member, Event Chairman
Dr. Carl Luft, DePaul University, Event Co-Chairman
Mark Washack, Wedbush Futures, Event FCM Chairman

Keynote
John Lothian, John J. Lothian News

Break

Welcome Back
Steve Petillo, NIBA Board Member, Event C0-Chairman 
“Allocator Triage/Operational Integrity”
Moderator: Mark Shore, Shore Capital Research LLC & DePaul University
Panelists: Tony Lombardi, AON Hewitt
Jeff Malec, RCM, LLC
Joel Handy, Efficient Capital Management
Bryan Johnson, Johnson & Company

Marketing Managed Accounts & Funds: Regulatory Traps/Considerations
Moderator: Matt Kluchenek, Baker & McKenzie
Panelists: Shane O’Mara, NFA
Turnkey Trading Partners
Chris Metseff, Blue River Partners, LLC


NIBA Update & Meeting Wrap-up
Mike Burke, NIBA President

Date: Thursday July 20th, 2017
Time: 1:30pm to 5pm. Reception immediately after
Venue: DePaul University, 1 E Jackson Blvd, Chicago, IL 60604
​
For more information and registration click here

About the NIBA: Established in 1991—the the National Introducing Brokers Association (NIBA) was created to serve as an independent representative for Introducing Brokers. Today we are now known as the NIBA, and is one of the foremost, nationally recognized organizations providing representation and education for registered derivatives professionals including IBs, CTAs, CPOs, and APs.
 

FOW and John Lothian News Present:
Trading Chicago
​
Trading Chicago, a specialist event aimed at CTAs, props and hedge funds in the US derivatives market. 
Join over 250 delegates from the local, regional and international CTA, prop and hedge fund community for a range of panel discussions covering the US derivatives market, Ted style talks and a debate on the future of Dodd-Frank.
Don’t miss out on the opportunity to hear expert speakers and network with key industry players at the event.

Topics Include:
Debate: Dodd-Frank Should be repealed
Derivatives markets in an age of populism 
Fixed income trading: the opportunity in uncertainty
Ted talk
Is the current US options market structure sustainable? 
Customizable technology: buy and build 
Ted talk: Machine Learning in Trading
Is the speed race over? Is data the edge today? 
Mifid II: impact on the US market

Speakers Include:​

Jesper Alfredsson, President Americas, Itiviti
Chris Anderson, Strategic Research, Senior Product Manager, Itiviti
Juan Arciniegas, Shareholder, Vedder Price
Garrett Baldwin, Economist and Editor-at-large, Money Map Press
Steve Crutchfield, Head of Market, CTC
Robert D'Arco, CEO, Rival Systems
Hazen Dawani, CEO and Co-Founder, OptionsCity
Chip Dempsey, Senior Vice President and Chief Commercial Officer, OCC
Gary DeWaal, Special Counsel, Katten Muchin Rosenman LLP
Julie Dixon, Managing Principal, Titan Regulation
Matthew Dixon, Assistant Professor of Finance and Statistics, Illinois Institute of Technology
Jay Feuerstein, Founder, Xenon Capital
Ilya Gorelik, CEO, Deltix
Carl Gilmore, President, Integritas Financial Consulting
Tim Gits, Senior Vice President, Head of Fixed Income Trading & Clearing Sales, Eurex
Daniel Gramza, Owner, Gramza Capital Management
Steve Grob, Director of Group Strategy, Fidessa
Chris Hehmeyer, CEO, Hehmeyer Trading + Investments
Paul Jiganti, Managing Director Operations Business Development, IMC
Robert Kallay, Director Trading Operations, Andrie Trading Companies
Jim Kharouf, CEO, John Lothian News
David Klusendorf, CIO, Typhon Capital Management
Richard Mackey, President, RGS
Peter Maragos, CEO, Dash Financial Technologies
Will Mitting, Managing Director, Global Investor Group
Chris Monnery, US Head of Product Marketing, Electronic Execution, Fidessa
Mike O'Hara, Senior Vice President, Wedbush
Brian Peterson, Partner, Algorithmic Trading Lead, DV Trading
Craig Pirrong, Professor of Finance, University of Houston
Jonathan Shaw, Risk Manager, TransMarket Group LLC
Euan Sinclair, Partner, Talton Capital Management
Leslie Sutphen, President, Financia Markets Consulting LLC
Thom Thompson, Business Development Consultant, TGT Consulting
Jennifer Tveiten-Rifman, Chief Compliance Officer, Gelber Group
Joshua Yang, Partner, K&L Gates LLP

Date: June 28th
Venue: Swissotel, Chicago, IL
Time: All day
Reception to follow event

For more information and registration click here

DePaul University Presents:
When Black Swans Aren’t:
Geopolitical Risk Management in the Age of “Extreme” Events

The past year has seen many seemingly unexpected events come to pass, from Brexit to the United States Presidential Election. The upheaval has continued into 2017: the rise of the National Front and Marine Le Pen in the French Election; the growing fractures in long-standing international alliances like NATO, NAFTA, and the European Union; and the wave of autocracy, nationalism, and populist retrenchment in the face of globalization.

However, are we witnessing a series of "black swan" events? Could we see any of this coming? What types of models and practices can be used to identify and absorb the myriad financial, strategic, political, and operational risks associated with the current global upheaval and the realities of the twin, competing forces of populism and globalization?
 
We'll begin with a keynote dialogue between two recognized experts in the field: Professor Guntram Werther of Temple University and Professor Tom Mockaitis of DePaul University.
 
Following the keynote discussion will be two panels of experts from the financial, insurance, political science, and macro-global fields that explore the current geopolitical risk climate. We'll discuss the effects and ramifications of globalization, the global wave of retrenchment and nationalism, and the changing nature of borders and failed states. How can companies properly manage geopolitical risk—whether through mitigation, avoidance, or transference—present in the world today?

Date: Thursday, June 22nd, 2017
Time: 11:30 am to 4:30 pm; (boxed lunch and reception included)
Venue: DePaul University Loop Campus, Chicago, IL

For more information and a 50% discount on ticket prices,
please click here
Tickets are $150, with the above link the price is discounted to $75.

Mark Shore has more than 25 years of experience in the futures markets and managed futures, publishes research, consults on alternative investments and conducts educational workshops (see full biography on page 18).

Part 1: Utilizing a European volatility index for Pan-European volatility 
 
Part 2: VSTOXX®/VIX volatility spread behavior during recent volatility events  

Part 3: Introduction of CFTC-certified options on VSTOXX® Futures 

To download the paper click here

Follow Mark Shore on Twitter, Facebook and Linkedin


Copyright ©2017 Mark Shore. Contact Mark Shore for permission for republication at info@shorecapmgmt.com Mark Shore has more than 25 years of experience in the futures markets and managed futures, publishes research, consults on alternative investments and conducts educational workshops. www.shorecapmgmt.com 
​
Mark Shore is also an Adjunct Professor at DePaul University’s Kellstadt Graduate School of Business, where he teaches the only known accredited managed futures course in the country. He is also a Board Member of the Arditti Center for Risk Management at DePaul University.
​
Past performance is not necessarily indicative of future results. There is risk of loss when investing in futures and options. Futures and options can be a volatile and risky investment; only use appropriate risk capital; this investment is not for everyone. The opinions expressed are solely those of the author and are only for educational purposes. Please talk to your financial advisor before making any investment decisions.

Mark Shore, Chief Research Officer of Shore Capital Research LLC and Adjunct Professor at DePaul University in Chicago was a special guest on Benzinga's PreMarket Prep broadcast, (http://premarket.benzinga.com/pre-market-show/) the morning of December 28, 2016 with hosts Joel Elconin and Dennis Dick

​The interview starts about 39 minutes into the broadcast on youtube (above) or 34 mins on soundcloud 

Topics discussed include: hedge funds, managed futures, volatility, VIX, VSTOXX and VSTOXX / VIX spread

Follow Mark Shore on Twitter, Facebook and Linkedin

www.shorecapmgmt.com 
​
​
Past performance is not necessarily indicative of future results. There is risk of loss when investing in futures and options. Futures and options can be a volatile and risky investment; only use appropriate risk capital; this investment is not for everyone. The opinions expressed are solely those of the author and are only for educational purposes. Please talk to your financial advisor before making any investment decisions.

DePaul University’s Driehaus College of Business, College of Computing and Digital Media & College of Law Present:

The Speed of Change: The Rapidly Evolving Landscape in Cyber Threat, Compliance and Protection
 
The cyber security landscape is rapidly changing in a dynamic interplay of threat, compliance, and protection. Just as we figure out how to address one risk, a new one takes its place. There is no such thing as a static state in cyber risk.
 
New threats—both individual and state-sponsored—bring new compliance and protection measures in an accelerating cycle of change.
As we enter an increasingly connected world, the Internet of Things has become a reality. New technologies bring new vulnerabilities. With these new vulnerabilities come new regulations and compliance issues, as well as a race to proactively protect users.
 
Behavior is also constantly shifting. A generation has now grown up completely at home with these new technologies and thus has a very different perspective towards privacy and protection.
These are just a few of the topics we’ll discuss in our three panels addressing the Speed of Change in Threat, Compliance, and Protection.

Attendees are Eligible for 8 CISA credits & 6.4 Actuarial CPD credits
CyberMonday Sale: promo code "shore" to receive a $25 discount
 
Topics Include:
-The Speed of Change in Cyber Threats
-Beyond Compliance: Keeping Up with the Speed of Change
-Protection: Proactive and Ahead of the Curve

Speakers Include:
-Opening Keynote: Michael Echols
Executive Director/ CEO International Association of Certified ISAOs; Former Director Cyber Joint Program Management, U.S. Dept. of Homeland Security
Bryan O.C. Wallace, WallScott Solutions
-Eric Brelsford, FBI
-Matt Danielak, Willis Towers Watson
-Bob Eigenbauer, CTH Technologies
-Mia Boom, Allstate
-Brenda Callaway, Blue Cross Blue Shield
-Danyetta Flemming, Covenant Security Solutions
-Dennis Gallitano, Gallitano & O’Connor LLP
-Jacob Furst, DePaul University
-Brian Kovick, Mercy Home for Boys and Girls
-Liz Kovick, Allstate
-Closing Keynote: Jeff Wright
Vice President & Chief Information Security Officer for Allstate Insurance Company
 
Date: Tuesday November 29, 2016
Time: 8:30 – 5pm
Venue: DePaul University Loop Campus, DePaul Center, 1 E Jackson Blvd, Chicago, IL 60604
Reception to follow event
 
For more information and registration click here
 

In past articles, I’ve discussed the negative correlation between the VSTOXX® Volatility index and the EURO STOXX 50® Index and how the volatility index tends to rally when equities decline (downside volatility).

The recent passing of the Brexit vote on 23 June 2016 introduced immediate uncertainty and downside volatility to the global capital markets. The results of several upcoming European elections could introduce more uncertainty and volatility into the capital markets. According to Bloomberg News, 40 percent of the EU economy will be voting in 2017.[i]

Market reactions to the Brexit vote are still being READ MORE


Follow Mark Shore on Twitter, Facebook and Linkedin

Copyright ©2016 Mark Shore. Contact Mark Shore for permission for republication at info@shorecapmgmt.com Mark Shore has more than 25 years of experience in the futures markets and managed futures, publishes research, consults on alternative investments and conducts educational workshops. www.shorecapmgmt.com 

Mark Shore is also an Adjunct Professor at DePaul University’s Kellstadt Graduate School of Business, where he teaches the only known accredited managed futures course in the country. He is also a Board Member of the Arditti Center for Risk Management at DePaul University.

Past performance is not necessarily indicative of future results. There is risk of loss when investing in futures and options. Futures and options can be a volatile and risky investment; only use appropriate risk capital; this investment is not for everyone. The opinions expressed are solely those of the author and are only for educational purposes. Please talk to your financial advisor before making any investment decisions.