NYSE Liffe in London suggests that imposition of futures contract position limits, similar to what is currently done in the USA, would be a good idea.  UBS, in the glare of the LIBOR interrogation light bulb, suspends traders; UBS is also said to have asked Canadian regulators for immunity in that probe. NYSE Euronext, making good on its determination to go in new directions, buys a stake in Fixnetix, which provides high-speed trading tech. In today’s top box, Jim Ginsburg provides yet a third perspective on the wisdom (or lack thereof) of CME Group’s plan to dump the CBOT Building; and JLN’s Sarah Rudolph interviews Henry Schwartz of Trade Alert.

Henry Schwartz is the President and Founder of Trade Alert, a real-time option flow analytics firm that serves Wall Street sell-side derivative desks, floor brokers, market makers, hedge funds, and proprietary trading firms. He previously worked at Banc of America Securities, where he was responsible for electronic market making on the start-up ISE. Trade Alert was founded in 2005. Schwartz spoke with JLN Options editor Sarah Rudolph about the OptionAlert analytics system, technology challenges for clients and firms, and fragmentation in the options markets.