

Options Insider Radio Interviews
The Options Insider Radio Network
Options Insider Radio is the longest-running options podcast and the flagship program on the Options Insider Radio Network. Options Insider Radio features unique and compelling interviews with the thought leaders, icons, radicals, movers and shakers that shape the options market. Whether you are an options professional looking for insightul discussion about your industry, or an active retail trader who wants a glimpse behind the scenes, this is the program for you.
Episodes
Mentioned books

Mar 16, 2015 • 9min
Options Insider Radio Special Events: An Interview with Jason Ferrell
In this episode of Options Insider Radio Special Events, we sent Mark Sebastian on assignment to the CBOE’s 31st annual Risk Management Conference. He took an audio recorder with him and interviews ensued. This one is with Jason Ferrell, Managing Director at Gateway Partners.
They discussed:
What is Gateway Partners?
What causes a red flag between the trading desk and the risk desk?
How have regulatory changes impacted their work?
What products produce the most need for their help?
What he thinks will drive business going forward

Mar 16, 2015 • 10min
Options Insider Radio Special Events: Interview with Berlinda Liu
Mark Sebastian was at the CBOE’s Risk Management Conference and he brought an audio recorder. Today’s feature is a discussion with Berlinda Liu, Director of Research & Development at S&P Dow Jones Indexes.
They discuss:
Parallel versus twisting moves in volatility futures
Possible reasons for a move towards parallel shifts
The S&P 500

Aug 25, 2014 • 41min
Options Insider Radio: Catching up with NYSE's Steve Crutchfield
In this episode, Mark is joined by Steve Crutchfield, Head of U.S. Options at NYSE.
They discuss:
The integration with ICE from an options perspective
ICE Chat: message-based order tickets and execution
Fragmentation of liquidity in the options space
Penny pilot program: is it time to retire it?
Technological failures: are they related to fragmentation?
When do the benefits outweigh the risks for adding new trading venues
The little-discussed aspects of Flash Boys
The reasons mini options are failing

Aug 7, 2014 • 52min
Options Insider Radio: A Year in the Life at BATS
Options Insider Radio: A Year in the Life at BATS
In this episode, Mark is joined by Jeromee Johnson, Vice President of Market Development and Head of Options at the BATS Exchange.
They discuss:
A year in the life of the BATS Exchange
BATS + Direct Edge
Where are growth opportunities?
Will there be a second BATS options exchange?
Complexity and fragmentation, and the consequences thereof
What happens if exchanges offered different levels of pricing?
Flash Boys and the myriad mentions of the BATS Exchange
And much, much more

Jul 11, 2014 • 30min
Options Insider Radio: Talking When to Trade, and When Not to, with Hedgeable
Options Insider Radio: Talking When to Trade, and When Not to, with Hedgeable
In this episode, Mark is joined by Mike Kane, co-founder of Hedgeable.
They discuss:
What is Hedgeable?
What sets them apart?
The perception of options
Their reactive approach to the market
Capturing the upside, avoiding the downside
How they use no market timing or predictions
Their programs for customers
Who are their clients, and where are they coming from?
And more…

Jul 8, 2014 • 36min
Options Insider Radio: Exploring Options Fragmentation with Fidessa
In this episode, Mark is joined by Joy Rosenstein, Derivatives Business Development Manager at Fidessa.
They discuss:
The latest developments at Fidessa
Automation of trading systems
The Fragulator
Migratory order flow and fee schedules
Retail trading platforms
SEFs and the swaps space
Joy's take on Flash Boys
And more

Jul 2, 2014 • 33min
Options Insider Radio: Talking Risk, Latency and the Race to Zero with Actant
In this episode, Mark is joined by Dan Sacks from Actant.
They discuss:
What is Actant?
Who uses it?
The value-added services Actant provides
What is top of mind for new Actant clients?
Regulatory initiatives, risk management, and the race to zero
Cost effective order flow routing
The partnership with LiquidPoint
And more

Jun 23, 2014 • 21min
Options Insider Radio: Talking Vega Blocks, Complex Spreads and Delta Hedges with Flextrade
Options Insider Radio: Talking Vega Blocks, Complex Spreads and Delta Hedges with Flextrade
In this episode, Mark is joined by Rob Brougan, Vice President of option sales at FlexTrade.
They discuss:
What FlexTrade does, and who their clients are
Their volatility-oriented products
How customers are using their vol products
Rob’s reaction to Flash Boys
Mini options and the lack of adoption
What’s on Rob’s radar?
And more

Jun 11, 2014 • 49min
Options Insider Radio: Talking Spreads, Cancel Fees, and the Death of Minis with ISE
Options Insider Radio: Talking Spreads, Cancel Fees, and the Death of Minis with ISE
In this episode, Mark is joined by Gary Katz, CEO of ISE.
They discuss:
The addition of Gemini to the ISE family
The unintended consequences of market expansion
What happens when technology fails?
Technology’s impact on spread orders
Flash Boys
The history of payment for order flow
Mini options
And more…

Jun 3, 2014 • 26min
Options Insider Radio: The Secretive World of Options Symbology
Options Insider Radio: The Secretive World of Options Symbology
In this episode, Mark is joined by Lee Clifford, Owner & President of Symbol Master, and Mark Woolfenden, Managing Director of FOW Trade Data.
They discuss:
What is Symbol Master and FOW Trade Data?
How they create a clean data feed
Who are their clients?
Determining the impact of corporate actions on symbology
Multiple exchanges, OPRA feed, and futures symbols
Technology failures
And more…