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From the Classroom to the Trading Floor
There is no single, clearly defined education path for entering the derivatives industry as professionals come from a range of academic backgrounds. Still, higher education plays a crucial role in preparing students for success in this complex and fast-evolving field. A strong foundation in finance, economics, and mathematics is essential. At the undergraduate level, students should prioritize courses in financial markets and institutions, investment analysis, corporate finance, and introductory derivatives. Just as important are courses in statistics and calculus, which help build the analytical and quantitative skills required for understanding pricing models, volatility, and risk management strategies. With the increasing reliance on algorithmic trading and quantitative research, a concentration or minor in applied mathematics, data science, or computer programming can...
Trade the top of tech
NYSE FANG+™ Index futures
Introducing a new market data program
NYSE FANG+ Index futures were launched on ICE Futures U.S. in 2017. Comprised of 15 high growth technology stocks, the contract averaged 1,500 contracts/day in 2018 and its momentum continues to grow.
Participating market makers maintain a well quoted, liquid market and the product’s commercial success has continued to develop.The unique structure of the index, which consists of some of the largest in tech, has captured the interest of a variety of participants including retail, asset managers, CTAs, institutions, and trading desks.
The index composition includes the five staple FANG stocks - Facebook, Apple, Amazon, Netflix and Google (Alphabet) - plus another five actively-traded technology growth stocks - Alibaba, Baidu, NVIDIA, Tesla and Twitter. Equally weighted and reconstituted on a quarterly basis, the contract provides a performance benchmark that allows participants to take advantage of the capital efficiency of futures.
The NYSE FANG+ Index has outperformed some of the other major indexes. Over the past 4 years, the NYSE FANG+ Index has displayed a 24% annualized return as compared to 14% for the NASDAQ-100® and 9% for the S&P 500®.
theice.com/fangplus
The program