Between volatility and variance


The phrase ‘return to simplicity’ has become something of a mantra in the over-the-counter derivatives industry over the past 18 months, but it may not remain that way for very long. Unprecedented market conditions certainly led dealers to shy away from the complex financial engineering that had previously characterised derivatives, but the return of calmer markets is causing some practitioners to reassess the degree of simplicity they are willing to accept.

This is particularly evident in equity

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a 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: