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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

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