2017 NIBA SoCal – Macro-economic Outlook 2017

Erik Norland, Executive Director and Senior Economist of CME Group will present his overview of the entire economic spectrum in his presentation on the 2017 macro-economic outlook. Topics will include: The impact of Trump’s fiscal policies on currency, bond and equity markets, implications of the new Administration’s policies on trade and immigration, economic growth and investing in a highly leveraged world, Brexit aftershocks and the future of the EU, and China – another potential source of surprises....

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2017 NIBA SoCal – Cyber-Security – Annual Review Requirements for your Information Systems Security Programs (ISSP)

As you are well aware, the number and sophistication of malicious cyber threat incidents in the financial sector has increased dramatically over the past five years and is expected to continue to grow. Robert DeMuria of Compliance Supervisors, Inc. will bring you up to speed on very important ISSP requirements, what are NFA requirements to monitor and review the effectiveness of your ISSP, cybersecurity training and making adjustments to your ISSP....

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2017 NIBA SoCal – Marketing is a Process

Whether you’re an IB or a CTA, selling retail trading, institutional execution, or managed futures – marketing starts with a process. From creating leads, recording lead and sales notes, to ongoing lead management, Shane Stiles of financial marketing and technology firm Gate 39 Media walks through defining a marketing process and options for managing your leads and marketing activities. Download slides from the presentation (PDF)...

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Great Lakes Credit Union Resources

Financial Fitness Budgeting Tools Buying Your First Home Video Series Credit Report Reviews Car Buying Toolkit College Resource Center Mortgage Checklist   There are several ways to contact a GLCU representative for follow up information:https://www.glcu.org/about-us/contact/...

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Decoding the Myths of Managed Futures 2015

From presenting at more panel events, instructing workshops on alternative investments and teaching my managed futures/ global macro course at DePaul University in the last several years, I found it was time to update the original paper written in 2011 with additional myths added to the list. The demand for alternative investments continues to grow as investors are seeking more ways to decrease their correlation risk and tail risk of their portfolio. After the dot com bubble and the recession in the early 2000s more investors realized the need for wider diversification beyond stocks and bonds. More recently since the…...

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Spreading European and U.S. Volatility Index Futures

It has been three years and twelve articles since I began writing the VSTOXX® newsletter. Timing seemed right (and perhaps 3 is a Fibonacci series inspired moment) to update the data of some of my past articles. Upcoming newsletters will include updated articles as well as new articles. This article updates Spreading European and U.S. Volatility Index Futures I wrote in August 2013. Liquidity is always important to an investor or trader. Table 1 gives readers an overview of the VSTOXX® Futures liquidity over the last years. Table 1: VSTOXX® Futures yearly volume and open interest as of March 2016.…...

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Correlation Of The U.S. Dollar To Commodities

I recently spoke at an ETF conference about commodities. During the panel discussion I mentioned that commodities includes a lesser known factor; currencies. An investor may view commodities partially as a currency play. Many commodities are quoted in U.S. dollars (spot $DXY). In the short-term the direction of $DXY may not impact commodities (S&P GSCI spot), however, over the longer-term a trending $DXY may impact commodities. For example, if the dollar is moving higher, commodities become more expensive to the rest of the world. Thus potentially reducing demand and potentially having an impact to suppress commodity prices. If the dollar…...

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