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Osaka Exchange, Inc. (OSE) is celebrating the 10th anniversary of the nighttime trading of equity index futures and options. Since the nighttime trading of equity index futures and options started on September 18, 2007, trading hours were extended to adapt to investor needs. In July 2016, trading was made available until 5:30 a.m. (JST) along with the launch of the exchange's new derivatives trading system. View page
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Business and Friendship Went Together For Leo Melamed, Bob Wilmouth and Leslie Rosenthal
Leo Melamed lost two good friends in the last few days in Bob Wilmouth and Les Rosenthal. I stopped by Melamed’s office to share my condolences and have him share some thoughts on these two futures industry leaders. He told me the futures industry as a whole lost two people who were critical to the success of the industry in the U.S. and who worked with him to help create what the late Merton Miller called the “modern era of finance.” He told me how these two CBOT leaders became his good friends. It was the threat of a transaction...Read more
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