Equity derivatives
Dealers tout dividends despite slide
The recent collapse in the value of dividends is a reminder of painful 2008 losses for dealers – but the industry says long positions will make money in any scenario short of catastrophe. Mark Pengelly reports
South African tax ruling may just be stay of execution, brokers warned
Stay of execution?
Filling the gaps
Filling the gaps
Daiwa makes cutbacks to derivatives team
Japanese bank loses senior derivatives personnel across Asian and London offices; blames Japan earthquake and market uncertainty
Structured Products Asia 2011: FX-linked products to grow in Hong Kong
Currency-linked structures likely to become more popular in Hong Kong with retail investors. But take-up of volatility products is still muted despite erratic markets due to concerns about complexity, panellists say
Risk interdealer rankings 2011: Dealers
Dealers enjoyed a bright start to the year but endured a slow second quarter and a savage start to the third as political wrangling over European and US debt contributed to a surge in volatility and risk aversion. For the third year in a row, Deutsche…
CME, Ice to launch repositories rivalling the DTCC
Banks have picked the DTCC to build a series of new derivatives repositories, but overlooked rivals CME and Ice vow to fight on
Short-selling bans spark confusion over index trades and extraterritoriality
Dealers say volumes have been light as market participants try to work out scope of bans – with confusion arising on index trades and the geographic reach of the rules
Korean authorities crack down on equity-linked warrants
Arrested warrants
New Isda equity definitions to 'stand the test of time', lawyers claim
Participants say long, difficult talks will set stage for standardisation and central clearing
UBS appoints Rainer Ruecker as head of public distribution trading
Rainer Ruecker has joined UBS to lead the bank's new public distribution trading team.
Banks call for equity to be counted in LCR
A taste for diversification
JP Morgan bolsters Asia equity derivatives team with two new hires
JP Morgan has added to its equity derivatives group in Asia by raiding Goldman Sachs and Morgan Stanley
Deutsche Bank merges OTC and listed clearing businesses
Deutsche restructures clearing initiatives in response to global regulatory push towards OTC derivatives central clearing
BoAML hires Peter Fung as head of Asia equity derivatives trading
Bank of America Merrill Lynch has hired Peter Fung from Deutsche Bank as head of corporate equity and fund derivatives trading for the region as it seeks to broaden the bank's equity derivative franchise with corporate and institutional clients.
ING seeking to deliver transparency in Luxembourg
When content is king
Morgan Stanley VolNet index series dynamically goes long volatility
Morgan Stanley VolNet index series dynamically goes long volatility
Turquoise prepares for derivatives launch
The new blue
Citi names new emerging market equities heads in Hong Kong
Citi has named Richard Heyes as head of Pan-Asia equities and promoted Adrian Faure to head global emerging markets equities
New equity derivatives definitions imminent
Next step for equities
Preparing for Solvency II
Solvency II: insuring for change
Global events fail to rock dispersion trades
Recent global events have not dented the popularity of dispersion trades among hedge funds, claim bankers
Goldman Sachs names Entwistle as chairman of South-east Asia
Goldman Sachs has promoted Brooks Entwistle to head South-east Asia operations at the firm and named Sonjoy Chatterjee, who joined the US bank last year after 16 years at ICICI Bank, to replace Entwistle as its new India chairman
Structured product investors hit by sharp fall in Japanese equities
Investors have likely taken hits on legacy structured trades, though bankers say it is too early to judge the full impact of the Friday earthquake on the Japanese structured equity market. There are some signs, however, that investors might already be…