Apr 29, 2016
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 technology space
- What is Vest?
- Who is the Vest target consumer?
- Can users choose between custom portfolio overlays and pre-designed protection packages?
- Are these algorithmically generated or designed by humans behind 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 the CBOE, 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 they not update OI more often than once a day? Is it a technical problem or something else?