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Rule FD .. fair disclosure ... goes into effect on Monday. It may
result in one of two things occurring.
More information to more people ...... equity option volatility
should decline and probably spike less going into reporting periods
Less Information for more people ... equity option volatility goes up
across the board.
REFCO introduced a guaranteed future trading account last week. Not a
fund that assures return of your money, but a limited risk futures
trading account. I saw the press releases for it, but none of the
details. I'm going to assume they mix futures and futures options plus
cash to build synthetics. Anyone know what they are actually doing?
Again I'm not talking about a guaranteed fund that mixes zeros and
futures....the add said the account let you trade markets of your choice
with assured levels of pay back.
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