NYSE Removes Option Trading Fees

The latest good finance news is the waiver of exchange fees for some of the contracts related to short-term interest rates options to boost up the trade. This has been declared by the Liffe derivatives market of NYSE Euronext and is reported in Bloomberg.Trading options contracts for new customers that is based on Euribor or the rate offered by Euro Interbank for three month (based in turn on London-based exchange) will not be required to pay fees for around next six months or for first million trades done. This was stated by Paul MacGregor, who is the director of Liffe’s fixed income, today in an interview. Apart from this, Options contracts of mid- curve and interest rates options of Short Sterling for three months and also valid to avail this offer according to him.
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Options Trading for Beginners

No matter what we do in life, there is always a first day for everyone while doing anything. Starting a new job, crawling as a child, driving a car, going to school, every activity has a first day. Same rule applies for the beginner option trading in the stock market.

What are stock options? An option in stock does not mean any kind of ownership in anything. It is just an agreement between two investors, where one party is ready to deliver something to another party, taking care of a specific period of time and price. In option trading, the beginner just has to understand that he does not possess any ownership but there is not any problem in making any transaction. You can get a good profitable gain, when you know what you are doing.
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