Return of the DPCs

Return of the DPCs

Phoenix

From photos of glassy lakes, alpine hillsides and snow-capped peaks to functional black-and-white text – like the rest of the financial markets, the annual report of Merrill Lynch’s derivatives product company (DPC) went through a cruel transition between 2007 and 2008. The second of those reports doesn’t even feature a logo – just words and numbers. And in later years, the numbers confirm a dramatic fall from favour: between 2008 and 2010, there was a 55% drop in the notional volume of client-f

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: