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 init

To continue reading...

You must be signed in to use this feature.

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 indvidual account here: