# Accumulator activity boosted by increase in implied volatility

## News

More than HK$1 billion ($129 million) of accumulator products was traded on June 3 in Hong Kong, the largest single-day volume for more than 18 months, dealers say. In an accumulator, the buyer of the product agrees to acquire a fixed number of shares on each trading day over the life of the product, which would typically be six months to a year, so long as a knock-out event does not occur - usually defined as the stock price closing at or above a specified barrier, for instance 105% of its i

#### 7 days in 60 seconds

###### XVA, variation margin and the Mifir deadline

The week on Risk.net, February 17-23 2017