CTO Interview: Today, Mark and Henry are joined by Karan Sood,
CEO of Vest Financial. He discusses:
An overview of your background in the financial technologyspace
What is Vest?Who is the Vest target consumer?Can users choose between custom portfolio overlays andpre-designed protection packages?
Are these algorithmically generated or designed by humansbehind the scenes?
Does Vest charge commissions or is there an annual fee?How does this platform differ from TradeLegs?How did Vest become involved with the CBOE?Vest also launched some targeted “buffer indexes” with theCBOE, tell us about those.
Hot Topics in Tech: IEX asks for SEC exchange approval on merits
of its application - IEX on Monday urged regulators to give the
green light to its application to become a fully-fledged exchange
outside of a broader debate that its plan has sparked about stock
trading rules. CME calls time on New York open outcry options floor
- The move follows the closure last year of its open outcry futures
pits in Chicago and New York.
The Inbox: Listener questions and comments
Question from JCrow - Refresh my memory. Why the heck can theynot update OI more often than once a day? Is it a technical problem
or something else?