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One other piece of news we are filing with the feds to lower margin on
short index options. Hope to have this in place in time for the OEX
split scheduled roughly for November.
The membership has also been asked to approved 15 new
memberships...first time in a long time we have issued new seats(if
approved).
Lower margins on short index.....new memberships......record
volatility....
If I were a betting man.......Nah Not Again........
Not without about $80 Billion of dynamic hedging gone out of control.
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