When RJ Parsons put stop-loss orders on his 5,000 shares of MannKind Corp. , he thought it would protect him from losing a chunk of his investment.
An exchange-traded fund that appreciates as calm is restored to financial markets has never been more popular.
An exchange run by CBOE Holdings Inc. said it will charge retail traders and fund managers 44 cents a contract to buy or sell the SPXpm, an electronic option based on the Standard & Poor’s 500 Index.
"People are going to come into these markets looking at the same things they did last week, oil and secondary interest rates."
- Randy Frederick on Dec 15, 2014