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SCOUT· 57%1h 04m·2019-07-16·Money

Robert Whaley, the Valere Blair Potter Professor of Management and Director of the Financial Markets Research Center at the Owen Graduate School of Management at Vanderbilt University
Alpha Exchange · 16
Today’s derivatives markets – characterized by a vast array of complex OTC products, options with maturities as short as one day, and an ever increasing pool of non-equity ETFs – bear little resemblance to those of the 1970’s. In the earliest days of the listed options market, there were calls but not puts, limited…
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