NIBA Journal

Insights, analysis, and updates from the National Introducing Brokers Association

Member Announcements
1 min read

NIBA Cryptocurrency Trading Panel

Bitcoin and cryptocurrency have become the hot topic in trading circles as the CME prepares to launch its Bitcoin futures contract.  NIBA featured a cryptocurrency trading panel at its Chicago conference this past September.  If you were not in attendance check out the video link below to hear thoughts and predictions on crypto trading and block chain from traders and experts - and yes the call in September was bitcoin is going higher. Featuring Brian Kelly of CNBCs Fast Money and CEO of BKCM a digital asset hedge fund, Chris Tanger - veteran crypto trader, Software Solutions Architect and Entrepreneur, Samuel Kramer - Partner at Baker & McKenzie and block chain expert and Moderated by Matthew Kluchenek - Partner at Baker & McKenzie and head of the firm's Global Derivatives and Hedge Fund practice. https://www.youtube.com/watch?v=tcJZmjfdJ9k

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Member Announcements
1 min read

Relationship-Based Trading in Agricultural Products

Effective January 8 pending regulatory approval, CME Group will expand relationship-based trading, in the form of block trades and certain types of crosses on Globex, to the full suite of CME and CBOT agricultural products. With relationship-based trading, participants can enter into conversations with other market participants that include discussion of the price, size and direction of an order that may lead to one of two very distinct types of transactions: crossing on CME Globex and block trades. Learn More

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Member Announcements
2 min read

NIBA Board Elections

The Executive Board of the NIBA has made the following recommendations for election to the Board of Directors. Due to the restructuring of Introducing Broker membership qualification, no individual ballots will distribute this year. Instead this posting acts as notice to the membership of nomination of the candidates. If no other recommendations are received by Nov. 25, 2018, the candidates below are deemed elected. For an initial 3-year term (expiring 2020): Mark Shore, Chief Research Officer of Shore Capital Research LLC www.shorecapmgmt.com has more than 30 years of experience in the futures markets and alternative investments. He publishes research, consults and conducts educational workshops on alternatives. Mr. Shore is an Adjunct Professor at DePaul University where he teaches the only known accredited course on managed futures. He is a contributing writer for global organizations and publications. He received his MBA from the University of Chicago and is a doctoral candidate...

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Member Announcements
2 min read

Trade the Top of Tech

ICE LAUNCHES NYSE FANG+ INDEX FUTURE ON NOVEMBER 8 The NYSE FANG+ Index™ offers exposure to a select group of highly-traded stocks of tech-enabled companies. Beginning on November 8, 2017, ICE Futures U.S. will launch a new futures contract designed to help you gain or reduce exposure to this key group of growth stocks in a capital efficient manner. The NYSE FANG+ index includes 10 actively traded stocks that represent some of the top innovators across today’s tech-oriented companies. The index’s underlying composition is equally weighted and reconstituted on a quarterly basis, providing a unique performance benchmark that allows for an adaptive approach to trading, investing and hedging. The index constituent stocks are: Facebook, Apple, Amazon, Netflix, Google, Alibaba, Baidu, NVIDIA, Tesla and Twitter. Key Benefits Low-cost exposure to key components of the tech sector Hedging mechanism to efficiently increase or decrease tech exposure in equity portfolios A highly correlated...

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Member Announcements
3 min read

Chairman's Letter - November 2017

“Money, Money, Money” ----- ABBA, recorded and released 1976 Okay --I admit it. I’ve been eagerly waiting for the right time to mention ABBA for any reason in the Chairman’s Letter. Their 1976 release of “Money, Money, Money” was the second big hit for this Swedish pop group, following on the heels of “Dancing Queen.” Is it a stretch from money, money, money to Bitcoin and other forms of digital currency? Maybe. In the past week we have seen that the major futures exchanges believe in the development of cryptocurrency trading. Chris Concannon, COO and president of CBOE Global Markets is quoted by Reuters: ”...we do envision (our bitcoin) ETF coming to market once the regulated futures market is built...” Just days before, CME Group announced it would launch the Bitcoin futures contract in the fourth quarter of this year. Terry Duffy, CME Group Chairman & CEO said “Given increasing...

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Member Announcements
1 min read

CME Group Russell 2000

Register Today: The Russell 2000 Surge and Futures Trading Opportunities Webinar Small Cap, Big Opportunity With the likes of Alphabet, Apple and Amazon trading at lofty valuations, small-cap stocks, indices and futures are bringing back some edge to the market. Register for the CME Group upcoming webinar to learn how the Russell 2000® and E-mini Russell 2000 Index futures present trading opportunities for both institutional and individual traders. Register Today

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Member Announcements
3 min read

Chairman's Letter - October 2017

Podcast: an episodic series of digial audio or video files which a user can download and listen to - Wikipedia, 2017 NIBA’s mission is to educate derivatives professionals so they can better serve their customers, stay in compliance and grow their businesses. One of the ways the mission is accomplished is through posting the video files of our member conferences on the NIBA website. You can sit back and relax at home to watch the sessions for the first time, or review them any time. Currently, you can access all the individual presentations through the member’s portal on the site from our September annual meeting and from last April’s meeting in New York City. CFTC Talks is a new podcast which will cover all topics impacting the markets regulated by the agency. The stated purpose of the podcasts is to help the CFTC “better understand the market narrative, what’s driving...

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Member Announcements
1 min read

Claim your Free NIBA Membership

In case you missed the announcement - the NIBA Board of Directors has announced a FREE one year membership to the association.  This comes to you as a thank you for your support and loyalty over the association's 25 year history.  If you have not already claimed your FREE membership please follow the instructions found in the video link below.  Once you have claimed your membership and reset your login password you will have access to the private members only portal area, attendance to all NIBA events this year, a listing in the NIBA directory (heaviest traffic area of the website) and the ability to bring your issues and concerns to the NIBA board for consideration. https://www.theniba.com/membership-sign-up-help/

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Member Announcements
2 min read

NIBA September Conference Videos

NIBAs September conference in Chicago was a great success. The sessions were well attended, speakers were relevant and engaging and we had a few tricks up our sleeve throughout the day to keep things interesting as well. The association debuted two "firsts" for the annual conference - Quant Corner and Cryptocurrency Trading. Both were very well received. If you have any comments or suggestions on our conference please check your email for our post conference survey or feel free to email the conference chairman, Ryan Griffeth directly at ryan.griffeth@postrockbrokerage.com. The entire program was captured by video and is now available within our member portal. Part of our 25th anniversary offering and a thank you to our loyal members and the industry at large was a free one year membership to the association. This includes access to our members only portal. You should have receive an email confirming your free membership...

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