nyuuzyou/wikis huggingface dataset:
Straddles

Straddles are an options strategy in which an investor holds a position in both a call and put with the same underlying instrument, strike price and expiration date. A long straddle is when the investor buys the call and put. He expects market volatility. On the other hand, if the trader went short he would sell the call and put expecting the market to stabilize.
Category: Definitions
Category: MarketsWiki Page of the Day
== References ==
Straight-through processing

Straight-through processing (STP) automates the processing of transactions for financial instruments from beginning to end. It is intended to streamline back office activities, leading to fewer failures, lower risk and lower per transaction costs. 
In STP, information that has been electronically entered is transferred from one party to another in the settlement process without re-entering the same information manually. The financial industry reduced its trading cycle from T+5 (settlement five business days after the actual trade took place) to T+3, but has felt the need to speed the process further by attempting to achieve STP. It is striving for at least same-day settlement, and ideally minutes or even seconds. 
== History ==
Trade processing has historically been an inefficient process that involved manual inputting and re-keying of data as it passed from one proprietary trading system to another. STP attempts to integrate front-end, middle, and back-end applications and connect the various participants electronically in order to reduce inefficiencies. 
But that may be changing. The Securities Industry Association (SIA) recently predicted that its constituents would spend a further $8 billion next year on STP inititatives, almost all of it on internal systems. In the managed funds sector, investors are driving the push for greater STP implementation by demanding more transparency on investment activities and costs in the volatile markets following the credit crisis.
== References ==
Category:Definitions
Straits Financial LLC

Straits Financial is a futures commission merchant registered with the National Futures Association and the Commodity Futures Trading Commission. They are a subsidiary of Straits Financial Group Pte Ltd, the brokerage division of the CWT Group, a South East Asia logistics company.
== History ==
Straits is owned by the CWT Group, a provider of integrated logistic solutions for global customers in commodities, chemical and petrochemical, marine, oil and gas, defense and industrial sectors. CWT is headquartered in Singapore and provides financial services though the asset management through Cache Logistics Trust and brokering of futures and derivatives trades.
Straits in 2011 hired a group of former MF Global Lind Waldock division employees to form the LW Division at Straits.\
In 2012, Straits hired long-time Lind Waldock executive Carol Dannehauer as executive vice president and head of its then newly formed LW Managed Accounts Division.
== Products and Services ==
As a futures commission merchant, Straits provides clearing and execution services of futures and OTC products for traders of all types. They offer a variety of trading platforms, self-directed trading, broker-assisted trading and managed futures. They offer services to professional traders, individuals, Commodity Trading Advisors, Introducing Brokers and others.
== Key People ==
*Gene Orr, President and CEO
*Paul Fry, Chief Operating Officer
*Christine Lofland, Executive Vice President and Chief Financial Officer
*James Gordon, Chief Compliance Officer
*Steven Petillo, Director of IB Services
== References ==
Category:Futures Commission Merchants
Strangles

A strangle is an options strategy in which the investor holds a position in both a call and a put with different strike prices but the same maturity and underlying asset. 
A long strangle is the simultaneous purchase of a long call and a long put on the same underlying security with both options having the same expiration but where the put strike price is lower than the call strike price.
The strategy is profitable only if there are large movements in the price of the underlying asset. It is considered a good strategy if you think there will be a large price movement in the near future but are unsure of which way that price movement will be. It involves buying an out-of-the-money call and an out-of-the-money put option. A strangle is generally less expensive than a straddle because the contracts are purchased out of the money. 
Since the strangle involves two trades, a commission charge is likely for the purchase (and any subsequent sale) of each position; one commission for the call and one commission for the put and commission charges may significantly impact the breakeven and the potential profit/loss of the strategy.
The long strangle is similar to the long straddle. However, while the straddle uses the same strike price for the call and the put, the strangle uses different strikes. In the case of the strangle, the put strike is below the call strike. As a result, whereas the straddle expires worthless only if the stock price equals the strike price, the long strangle expires worthless if the underlying price is at or between the strike prices at expiration. 
== Graphs ==
*Long Strangle
== References ==
Category:Options
Category:Option Strategies
Category:MarketsWiki Page of the Day
Strategics, Inc.

Strategics, Inc. is an integrated marketing consultancy representing national and international companies. It is owned by Ray Carmichael, a former head of corporate communications at the Chicago Board of Trade. The firm's areas of expertise include public relations, advertising, marketing communications, management consulting, event management and crisis communications. The firm serves companies in the financial, professional, technology, faith-based and non-profit sectors.
== History ==
Carmichael merged Strategics with another firm in 2009 to form Vivid Ascent. However, in 2012 Vivid Ascent was closed and Carmichael reverted the company back to the Strategics name.
Strategics had focused for many years on the exchange, brokerage and technology sectors. Some of its previous clients included Trading Technologies, NYSE Euronext and InterContinentalExchange.
Drew Mauck and Josh Inglis were former protégés of Carmichael's at Strategics.
== Products and Services ==
*Public Relations
*Advertising
*Marketing Communications
*Management Consulting
*Event Management
*Crisis Communications
== Key People ==
* Ray Carmichael, Chairman
== References ==
Category:Public Relation Firms
Category:Strategics, Inc.
Category:Vivid Ascent
Strategy

a Strategy is a plan that makes use of your currently available tools and tactics that is designed to achieve a goal. A strategy differs from a tactic in that a tactic is a discrete method of achieving an incremental success that supports the strategy.
Examples of trading strategies include scalping, fading, daily pivots and momentum trading
. 
Examples of trading strategies:
Scalping: A trading strategy that involves buying and then selling very shortly after the trade becomes profitable. Because profits tend to be small, the success of the strategy is based on the tactic of placing more small but winning trades than losing trades. 
Fading: A strategy in which a trader sells after the financial instrument increases in value, based on the assumption that it is overbought and that others will also take profits. Probable tactics include watching overbought and oversold indicators, such as stochastics and RSI.
Daily pivots: Profiting from daily volatility by buying at the low of the day and selling at the high of the day. Probable tactics include placing fewer trades with exit and entry points supported by indicators or news events.
Momentum: This strategy is based on finding trending markets supported by high volume. Tactics include buying on news releases, riding the trend and exiting on signs of a reversal.
== References ==
StratiFi Technologies

StratiFI Technologies is a software firm focused on creating products that help investment advisors, family offices and investors. Its products are help identify risks in portfolios. 
StratiFi is backed by Cboe Global Markets, Wolverine Holdings, and venture capital firms, including Anthemis Group, Khosla Ventures and Y Combinator. 
== History ==
In May 2018, StratiFi raised $7 million from Anthemis Group, Wolverine Holdings, Cboe Global Markets, HOF Capital and AngelList. Others who also participated include Michael Curcio, E*Trade’s chief brokerage officer, Matt Hougan, Bitwise Asset Management’s global head of research, and ETF.com’s former chief executive, Matt Wyndowe, formerly Uber’s head of product partnerships and Facebook’s platform games eco-system, and Luke Powell, formerly Prosper’s director of institutional partnerships. StratiFi’s existing investors include Khosla Ventures and Y Combinator. 
== Products and Services ==
PRISM Rating calculates risk scores for individual investment accounts and entire advisory practices
== Key People ==
* Akhil Lodha, Co-Founder and Chief Executive
* Steven M. Sears, Chief Investment Officer
== References ==
StreamBase Systems

StreamBase Systems is a firm that provides software for building systems that analyze and act on real-time streaming data for decision-making purposes. It is headquartered in Lexington, Massachusetts and has offices in New York, Washington D.C. and London. 
The firm's customers include Investment banks, hedge funds, and government agencies such as; PhaseCapital, BlueCrest, BNY ConvergEx and RBC Capital Markets.
 
== History ==
In June of 2009, StreamBase was chosen by CME Group to analyze real-time streaming data. 
StreamBase was named a 2010 Technology Pioneer by the World Economic Forum in December 2009. As a recipient of the Technology Pioneer award, StreamBase will attend the 2010 World Economic Forum meeting in Davos, Switzerland. 
In August 2010, Streambase founder Richard Tibbetts was recognized by Technology Review magazine as one of the world's top innovators under 35 for his achievements in event processing technology. 
== Products and Services ==
StreamBase Systems provide software for Complex Event Processing. Their suite of products includes a platform to design real-time event processing applications, a low latency engine to process streaming data and high capacity data storage.
== Key People ==
*Richard Tibbetts, founder and CTO
*Mark Palmer, CEO
*Mark Baltier, CFO 
== References ==
Category:Independent Software Vendors
Striker Securities, Inc.

Striker Securities, Inc., founded in 1991, is an Elmhurst, IL-based Independent Introducing Broker specializing in auto-trade execution for system trading."
== History ==
Striker first provided research and consulting services mainly to Japanese commodity brokerage firms, but then in 1998, Striker expanded the business and introduced auto-trade execution.
 
It is registered with the U.S. Commodity Futures Trading Commission ("CFTC") and is a member of the National Futures Association ("NFA"), the Managed Funds Association ("MFA") and the National Introducing Broker Association ("NIBA").
Striker is not currently registered with FINRA as a broker-dealer. Its registration with FINRA terminated in 2010.</ref></ref>
Striker has clearing relationships with AMP Futures, ADM Investor Services and Gain Capital.
== Products and Services ==
Striker offers system developer opportunities, helping evaluate trading systems for trading system designers. They also offer IB execution services where they will execute trading systems for other brokers. And, they offer consulting services.
== Key People ==
*John Gallwas, Chairman and Founder
*William Gallwas, President
== References ==
Category:Brokers
Category:Introducing Brokers
Structured products

Structured products are restructured notes usually issued by investment banks that offer exposure to almost any global market sector combined with varying levels of principal protection. Structured products are often built around investment-grade bonds and are sometimes publicly traded and regulated.
== Mixed and matched ==
Structured products allow investors to take a position in the market on almost any investible asset class while either completely or partially protecting their original capital depending on their risk appetite. Their capital-protection element usually derives from a zero-coupon bond purchased at a discount, while the return derives from a derivative, usually over the counter (OTC), such as a call option, swap or futures contract on the underlying asset. Producers are represented by the Structured Products Association (SPA), a New York City-based trade group dedicated to, among other things, promoting "structured products as a distinct asset class."
Structured products (SPs) usually become more popular during periods of market uncertainty when more conservative investors seek some level of 'downside protection' during volatile periods. Those with full protection might offer a note with payout based on the underlying asset's return, increased by forsaking degrees of capital protection. Losses of up to five percent to maturity are usually protected but the investor bears the cost of steeper falls unless they choose products of longer maturity. Most SPs track a single asset class but some, called 'rainbow notes', combine several assets into a single product.
Nonetheless, SPs don't appeal to all investors, mainly because they cap returns and so risk underperforming a strongly-growing market. Plus their publicly-traded market is often thin and tends to lack the liquidity sought by many traders, although a recent structured-product innovation from Barclays Bank called exchange-traded notes (ETNs) that trade like common stock on an exchange aim to improve this. Price transparency is also a concern since there is no uniform pricing standard and no way to compare pricing attractiveness between structured products.
== References ==
Category:Structured Products
Category:Bonds
Stuart A. Levey

__NOTOC__ 
Stuart Levey is the U.S. Under Secretary for Terrorism and Financial Intelligence (TFI), a role he has held since his Senate confirmation on July 21, 2004. He is the first individual to fill this role.
 
== Background ==
Prior to his nomination to his current post, Levey served as the Principal Associate Deputy Attorney General at the U.S. Department of Justice. In that capacity, he was the Deputy Attorney General’s primary staff member with responsibility for coordinating the Justice Department’s varied counterterrorism activities, including investigations, intelligence collection and prosecutions. Prior to assuming that position, he served as an Associate Deputy Attorney General and also as the Deputy Attorney General’s Chief of Staff.
Prior to joining the Justice Department in 2001, Levey spent 11 years in private practice at the Washington law firm Miller, Cassidy, Larroca & Lewin LLP (which merged into Baker Botts, LLP). He had a litigation practice with a special emphasis on white collar criminal defense. He also clerked for Judge Laurence Silberman on the U.S. Court of Appeals for the D.C. Circuit from 1989 through 1990. 
In 2006, it became public that Levey’s division routinely acquired Society for Worldwide Interbank Financial Telecommunication [SWIFT] information, which tracks bank transactions worldwide. The information included the bank customers’ name and account numbers. The Treasury began acquiring this information shortly after Sept. 11, 2001, prior to Levey’s time at the Treasury, but it continued following his arrival. The Treasury shared the information with the Federal Bureau of Investigation and the Central Intelligence Agency. Levey also led the push to place economic sanctions on Iran by convincing banks around the world to end their business relationships with the rogue nation.
== Education ==
Levey graduated from Harvard College, summa cum laude, in 1986 and from Harvard Law School, magna cum laude, in 1989.
== References ==
Category:Government Officials
Stuart A. Unger

__NOTOC__ 
Stu Unger is a futures industry professional, registered floor broker and head of business development for The Price Futures Group, Inc. in Chicago. He is a long-time member of the Chicago Mercantile Exchange, registered with the Commodity Futures Trading Commission (CFTC), and is a member of the National Futures Association (NFA) as a Registered Floor Broker.
== Background ==
Unger's career began at the CME as a floor messenger, or runner. He later became a member in 1974 of the MidAmerica Commodity Exchange, which was then an independent exchange offering smaller sized futures contracts.
After two years at the MidAm, as it was called for short, Unger moved back to the CME and became a member of their IOM division. He later moved to the IMM division.
Unger has served on a number or exchange committees, including serving as the LIBOR Pit Chairman. Additionally, he served on the floor broker committee, probably cause committee, grievance committee, floor practice committee, arbitration committee, new Ag product committee and others.
== Education ==
Unger graduated from Southern Illinois University.
== References ==	
Category:The Price Futures Group
Category:CME Members
Category:Floor Brokers
Stuart Bailey

__NOTOC__ 
Stuart Bailey is vice president, clearing policy and operations at the Futures Industry Association (FIA). He started in that role in December 2018. The role includes overseeing the European Operations Committee, working closely with global advocacy staff on clearinghouse issues, and working with the London team on European policy and regulation. 
Bailey has more than 16 years of experience in the clearinghouse risk management field. 
 
== Background ==
Before joining the FIA, Bailey was director of risk management at ICE Clear Europe from November 2007 to May 2018. He was part of the original team that worked on the clearinghouse’s launch in the aftermath of the financial crisis and helped with its expansion over the next decade, including managing the default of MF Global in 2011.
Earlier, he was a risk manager at Mizuho International in London, and before that he was a risk analyst at LCH.Clearnet. 
== Education ==
Bailey earned a BA (Hons) from the University of Brighton in International Finance and Capital Markets. He also served in the British Army. 
== References ==
Stuart Bourne

__NOTOC__ 
Stuart M. Bourne is managing director, global head of prime services at Bank of America. He has worked for Bank of America Merrill Lynch since 2013, first in London and later in New York as managing director, head of Americas Prime Brokerage. Bourne's current position includes responsibility for options clearing and prime brokerage. 
He was named a member director of OCC's board of directors in 2019. 
At the stockholder meeting on April 29, 2022, Bourne was elected a Class III Member Director at the OCC for a term ending in 2025.
== Background ==
Previously, Bourne worked at Morgan Stanley for 16 years as managing director, equity financial products. 
== Education ==
Economics, University of Warwick
== References ==	
Category:OCC Board of Directors Members
Stuart Bridges

__NOTOC__ 
Stuart Bridges is a financial markets professional.
He is the former group chief financial officer at NEX Group (formerly ICAP). He joined ICAP as group finance director in April of 2015 and oversaw the company's merger with TP ICAP. NEX Group announced on May 31, 2017 that Bridges would be stepping down from the company later that year, to be replaced by the company’s chief commercial officer for markets, Samantha Wren.
He is a member of the Prudential Financial and Taxation Committee of the Association of British Insurers and a member of the audit committee of the Institute of Chartered Accountants in England and Wales. He is also a non executive director of Caledonia Investments plc.
== Background ==
Bridges joined ICAP from Hiscox Ltd, an international specialist insurer, where he was chief financial officer starting in 1999. He was also a main board director at Hiscox and member of the executive group where he was one of three executive directors leading the strategic direction of the company.
He is a chartered accountant and has held posts in various financial service companies in the UK and US, including Henderson Global Investors. 
== Education ==
Stuart attended Gonville and Caius College, Cambridge, and has an MA (Hons) in Engineering.
== References ==
Stuart Fairful

__NOTOC__ 
Stuart Fairful is development director of Bayesline Limited.
 
== Background ==
Fairful has over 25 years experience in software architecture, design and development, and has worked internationally in a variety of sectors including defense, networking, scientific, oil, finance, health and utilities. He was an independent consultant at CERN for several years.
== Education ==
Fairful holds a BSc in Computer Science from Edinburgh University.
== Resources ==
* LinkedIn Page Stuart Fairful
== References ==
Category:Bios - Executives
Category:Bayesline
Stuart Kaswell

__NOTOC__ 
Stuart J. Kaswell is executive vice president and general counsel of Managed Funds Association. As chief legal officer, Kaswell represents the hedge fund industry on domestic and international legislative and regulatory policy issues. 
== Background ==
Before coming to MFA, Kaswell was a partner in Bryan Cave's White Collar Defense & Investigations, Securities Litigations & Enforcement practice groups. Kaswell also was a partner in the financial services group at Dechert LLP. From 1994-2003, Kaswell served as senior vice president and general counsel for the Securities Industry Association. Prior to SIA, Kaswell was minority counsel, House Committee on Energy and Commerce and from 1979-2003, he held several positions at the SEC, where he was, among other things, responsible for oversight of the NASD. 
== Education ==
Kaswell received an A.B. in Political Science from Vassar College with general and departmental honors and his J.D. from Washington College of Law, The American University. His bar admissions include Virginia, District of Columbia, Maryland, U.S. Supreme Court and various Federal Courts. 
== Contact Information ==
Kaswell can be reached at stuart@managedfunds.org 
== References ==
Category:MFA Staff
Category:Bios - Executives
Stuart Lewis

__NOTOC__ 
Stuart Lewis is the chief risk officer at Deutsche Bank AG. He is also a member of the company's management board and of its group executive committee. 
 
Before assuming his current role, he was the deputy chief risk officer and chief risk officer of the corporate and investment bank from 2010 to 2012. Between 2006 and 2010 he was the chief credit officer. 
== Background ==
Lewis joined Deutsche Bank in 1996. 
Before joining the bank, he worked at Credit Suisse and Continental Illinois National Bank in London.
== Education ==
Lewis studied at the University of Dundee, where he obtained an LLB (Hons), and he holds an LLM from the London School of Economics. He also attended the College of Law, Guildford.
== References ==
Stuart Sloan

__NOTOC__ 
Stuart Sloan is a London-based exchange traded derivatives executive. He is the former chief operating officer and head of strategy at the London Metal Exchange. He stepped down from the position in December of 2016.
He joined the LME in that role in January of 2014 from NYSE Euronext, where he was part of the management team of the NYSE Liffe derivatives business for nearly 20 years. 
He reports to LME's Chief Executive, Garry Jones.
== Background ==
As head of strategic development at NYSE Euronext, Sloan led the exchange's strategy function and was chief of staff for NYSE Liffe. He worked on the establishment of an independent clearing function for NYSE Liffe, and on the creation of a benchmark administration business. He joined Liffe in 1994. 
== Education ==
He holds a bachelor of arts degree in French and philosophy from Southampton University and a masters in finance from London Business School.
== References ==	
Category:NYSE Euronext - Former Employees