Equity Derivatives House of the Year - BNP Paribas


In 2008, the global credit crisis finally spilled over into equity markets, causing acute hedging problems for equity derivatives desks. Markets have flung around wildly over the course of the year, particularly following the loss of Lehman Brothers on September 15. Having begun the year at a level of 1,447.16 on January 2, the S&P 500 index had fallen 41.34% to 848.92 by October 27. It eventually regained 18.47% to reach 1,005.75 by November 4, but had dropped again to 752.44 by November 20,

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: