Trading Tech Talk 51: Making Options Less Scary Through Tech

Published: April 29, 2016, 7:43 p.m.

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CTO Interview: Today, Mark and Henry are joined by Karan Sood,\\nCEO of Vest Financial. He discusses:

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  • An overview of your background in the financial technology\\nspace
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  • What is Vest?
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  • Who is the Vest target consumer?
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  • Can users choose between custom portfolio overlays and\\npre-designed protection packages?
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  • Are these algorithmically generated or designed by humans\\nbehind the scenes?
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  • Does Vest charge commissions or is there an annual fee?
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  • How does this platform differ from TradeLegs?
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  • How did Vest become involved with the CBOE?
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  • Vest also launched some targeted \\u201cbuffer indexes\\u201d with the\\nCBOE, tell us about those.
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Hot Topics in Tech: IEX asks for SEC exchange approval on merits\\nof its application - IEX on Monday urged regulators to give the\\ngreen light to its application to become a fully-fledged exchange\\noutside of a broader debate that its plan has sparked about stock\\ntrading rules. CME calls time on New York open outcry options floor\\n- The move follows the closure last year of its open outcry futures\\npits in Chicago and New York.

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The Inbox: Listener questions and comments

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  • Question from JCrow - Refresh my memory. Why the heck can they\\nnot update OI more often than once a day? Is it a technical problem\\nor something else?
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