Perth Chapter, Thu, 16 Nov 2017 5:45 pm for 6:00 pm
Please note Parking Arrangements at St Catherine’s
The Front Car Park is for now available for meeting attendees. A permit which is available at the ATAA meeting reception desk must be displayed on the dash of the vehicle. All vehicles parked on St Catherine’s grounds must display a permit to avoid a fine. Free parking is still available in the three hour bays along Park Road and outside the UWA Recreation Centre.
Additional Parking at St Catherine’s: Additional parking is now available. Click here to view map.
Visitors are always welcome: First meeting is free, then visitors fee is $40. (No booking required - just check in at the registration desk on the night.)
6:00 pm: Annual Meeting and Election of Councillors
The annual meeting for the election of Councillors for the Perth Chapter will be held at 6pm on Thursday 16 November, 2017, at St Catherine’s College. Nomination forms for the Chapter must be lodged with the ATAA Chapter Secretary by no later than Thursday 2 November 2017. Nomination forms can be downloaded from the members section of the ATAA website (go to Membership > Nomination Forms).
6:15 pm: Market Outlook – Julian Burridge
6:20 pm: Welcome and Announcements
6:25 pm Trading Volatility Exhange Traded Products – Paul Wise
What is the volatility index VIX?
The VIX index is the CBOE’s Volatility Index, which reflects the market’s expectation of 30-day volatility, based on S&P 500 index options. You cannot buy or sell the VIX itself, but you can trade it via instruments like options, futures and exchange traded products VXX & XIV.
What are the VXX and XIV?
As an alternative to trading futures or options over the VIX index, there are two Barclays Volatility Exchange Traded Notes (ETN) called the VXX and XIV. These ETNs can be traded like stocks on a listed exchange and offer a good short-term trading vehicle to gain exposure to movements in the volatility index VIX.
Trading the VXX and XIV
The VXX and XIV are both positively and inversely correlated to the VIX Index. While the VXX trends upwards when volatility increases, the XIV trends upwards when volatility (VIX index) decreases. Both instruments are extremely liquid
- My name is Paul Wise- In the course of my work I see frustrated and confused traders not reaching their trading goals all the time. The primary reasons for this, is the lack of strategy and the cognitive bias that erode their ability to make good trading decisions. If I add inexperience and ineffective tools it's a recipe for non performance and loss of capital.
- I specialize in training SMSF trustee’s and individuals to construct and manage their own trading accounts and investment portfolios which brings certainty to their financial future without the interference or expense of a broker. I do so by helping clients build portfolios which include the identification of unique opportunities trading Volatility Exchange Traded Funds. The process is simple and extremely profitable.
- In 1993 I graduated from Curtin University in Western Australia with a Bachelor of Commerce. I started my career as a registered representative of the Sydney Futures Exchange. My job designation within industry is a sell side analyst. I am the responsible manager for the Australian Financial Services License (AFSL) No 247412, held by my company Ivanhoe International Pty Ltd, trading as Options21 and Momentum Investing.
8.00 for 8.15 pm - After Meeting Dinner Tiamo Restaurant (200m walk up Hampden Road).
Next Meeting Date: Thu, 21 Dec 2017
Next Meeting Venue: St. Catherine’s College, Crawley WA 6009, (corner of Stirling Highway and Winthrop Avenue
Next Meeting Speakers: Frank Watkins
Next Meeting Normally Held: Generally the third Thursday of each Month
- Thu, 16 Nov 2017 05:45 PM
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