By Cboe

2017 is set to go down as the least volatile year in decades for the US equities markets.  One month realized volatility for the S&P 500 has been in the single digits, at times even low single digits, for all of this year.  VIX, which is a measure of the market’s expectations for volatility, should finish 2017 with an all-time low when looking at the average closing price in 2017.  The chart below shows the high, low, and average for VIX by year going back to 1990. 

By Filippo Lecchini

Trading Futures in China, finally happening?

For several months now the rumor has gone around that China is finally ready to open its commodities futures exchanges to foreigners. At the end of September the China Securities Regulatory Commissions (CSRC) announced that progress is being made and a change should be imminent.

By Lynette Lim

Dear Friends,

Picture this. A precocious five year old girl stares greedily at the Kit-Kat in her hand, waiting to devour it. An adult family friend walks by and asks if she is willing to share the Kit-Kat with him. Thinking fast, she pouts: “Well, if I have to share with you, then I would have none of it.” “Ok” says the man, as he takes the Kit-Kat and pops it in his mouth before she can even blink.

The little girl got what she wanted, but not really.

亲爱的朋友们，

        我和我的同事上周刚刚从芝加哥到中国的旅行中回来。事实上，感觉更像是一次征途而不是一次旅行，我们坐了16个小时的飞机到香港。第二天我们乘坐香港公共铁路到边境，之后搭乘中国当地地铁，最终乘坐去往厦门的高铁。和我的三个可爱的同伴在一起（一个来自香港、一个来自日本、一个来自美国），这次旅途我觉得我就像是一个“孙悟空”，除了我们去的是东方而不是西方。我们不得不与我们路途中遇到的任何困难做斗争。想象一下穿着高跟鞋和拉着行李箱与来自不同方向的人群做斗争。下一次我们将选择坐飞机！

BSE SENDEX

By DGCX

Dubai, 24th September 2017: The Dubai Gold and Commodities Exchange’s Dubai India Crude Oil Futures (DICO) contract has been recognised as the ‘Best New Derivatives Contract’ at this year’s FOW Global Investor Asia Capital Markets Awards 2017.

The ceremony took place late last week at the Marina Mandarin Hotel in Singapore, and gathered the trading and derivatives industry leading experts to receive awards highlighting innovation, excellence and outstanding performance over the past year.

Guess the S&P 500 and Win a Cross Pen

Think you know the market? The S&P 500 Index closed at 2,519.36 on September 29th. Guess what the closing number will be on November 1st and win this PhillipCapital branded Cross pen:

By Phillip Capital Inc.

Contest Winner

We are pleased to announce the winner of our “Guess the S&P Index” contest from our September newsletter. Armeka Holmes who works in Customer Service at PhillipCapital won. She guessed 2512.09, which was only 7.27 points away from the closing value on September 29th of 2,519.36. Congratulations Armeka! Who will win next?