other notable option news:
Still waiting for the BOX to post their proposed rules at the SEC (for comments). If you go to their website, you will see the rules but I believe they still have not submitted these rules.
http://www.bostonoptions.com/pdf/BOX_rules_web.pdf
As I pointed out in a previous thread, I have some concerns re their PIP rule. I've been in contact with people at the BOX and I'm awaiting a response. This is an internalization issue! and no one really understands what could happen.........
Also,
the PCX is coming out with a new trading platform (PCX PLUS). This should be more friendly for traders such as us. It also gives you the chance to become a Remote Market Maker.
http://www.sec.gov/rules/sro/34-46803.htm
http://www.pacificex.com/options/options_pcxplus.html
Still waiting for the BOX to post their proposed rules at the SEC (for comments). If you go to their website, you will see the rules but I believe they still have not submitted these rules.
http://www.bostonoptions.com/pdf/BOX_rules_web.pdf
As I pointed out in a previous thread, I have some concerns re their PIP rule. I've been in contact with people at the BOX and I'm awaiting a response. This is an internalization issue! and no one really understands what could happen.........
Also,
the PCX is coming out with a new trading platform (PCX PLUS). This should be more friendly for traders such as us. It also gives you the chance to become a Remote Market Maker.
http://www.sec.gov/rules/sro/34-46803.htm
http://www.pacificex.com/options/options_pcxplus.html