0DTE options and non-banks could accelerate market risk
Risk Live: Risk managers warn trading desks in “uncharted territory” with shocks moving faster
Market structure changes, including the growing share of options with zero days to expiration (0DTE) and non-bank financial institutions, are leading trading desks into “uncharted territory”, market risk managers warned this week.
“We have never seen more risk transacted outside of banks than we do now,” said Martin Sweeney, global head of corporate and investment banking market risk coverage at JP
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