
Option Block 566: Revenge of the Pit Traders
TRADING BLOCK
Earnings highlights today:
Before the bell: American Airlines, Dunkin Brands, Verizon Communications, Textron (TXT), Illinois Tool Works (ITW) and Union Pacific (UNP)
After the bell: E*Trade Financial Corporation, Microsoft Corporation, PayPal Holdings
The return of pit trading?
CFTCs Massad wants access to automated trader source code.
A Nasdaq speed upgrade is threatening IEX.
Resources mentioned in the show:
http://www.valuewalk.com/2016/10/cftc-automated-trading/
http://www.wsj.com/articles/a-nasdaq-speed-upgrade-is-threatening-iex-1476982856
ODD BLOCK
Calls trade in…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.