Tim Bevan, product manager for structured products at the London Stock Exchange (LSE), freely admits that his exchange's decision to launch a dedicated structured products business will not provide a panacea for the market. Instead, he says, the exchange's offering will be a useful addition for all those active in the market. He expects it to cement the idea that structured products are a mature and necessary asset class.
Judging from the results so far, he is unlikely to be proved wrong:
- People moves: SocGen adds in prime services, Deutsche fills new rates hole, HSBC makes model move, and more
- Credit risk quants are hitting the tech gap
- Princeton tops inaugural Risk.net quant master’s ranking
- Does credit risk need an expected shortfall-style revamp?
- Teach history to avoid mistakes of yesterday’s quants