Trading Tech Talk 51: Making Options Less Scary Through Tech

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

• An overview of your background in the financial technology
  space


• What is Vest?


• Who is the Vest target consumer?


• Can users choose between custom portfolio overlays and
  pre-designed protection packages?


• Are these algorithmically generated or designed by humans
  behind the scenes?


• Does Vest charge commissions or is there an annual fee?


• How does this platform differ from TradeLegs?


• How did Vest become involved with the CBOE?


• Vest also launched some targeted “buffer indexes” with the
  CBOE, tell us about those.

Hot Topics in Tech: IEX asks for SEC exchange approval on merits
of its application - IEX on Monday urged regulators to give the
green light to its application to become a fully-fledged exchange
outside of a broader debate that its plan has sparked about stock
trading rules. CME calls time on New York open outcry options floor
- The move follows the closure last year of its open outcry futures
pits in Chicago and New York.

The Inbox: Listener questions and comments

• Question from JCrow - Refresh my memory. Why the heck can they
  not update OI more often than once a day? Is it a technical problem
  or something else?