Equity derivatives
Fundamentals fuelling smart beta in China
As Chinese equity markets mature and become increasingly driven by fundamentals, the time is right for international investors to invest in smart beta strategies, say Vincent Yam, head of trading, and Weiwei Wang, senior derivatives trader at Guotai…
Exec who left Natixis after Asia hit said to join Barclays
Reille helped lead French dealer's ill-fated push into regional structured products market
The interplay between stochastic volatility and correlations in equity autocallables
Study shows issues with pricing autocallables using SLV
Natixis sales exec leaves bank following €260 million hit
Nicolas Reille tried to bring his entrepreneurial spirit to the Asian equity derivatives market
Eurostoxx dislocations signal autocall hedging pain
Swings in dividends and volatility reveal year-end stress as European index slump tests “peak vega”
Nomura plans more hires in equity derivatives, eyes China
Unit head also sees potential in Hong Kong listed market and in demand for bespoke products
Asia moves: Nomura boosts Asia ex-Japan, Bank of America picks two Apac co-heads, and more
Latest job changes across industry
Natixis’s €260m hit blamed on big books and Kospi3 product
Rivals say French dealer grew business too quickly – with leveraged version of Korean index one source of pain
Bank risk manager of the year: UBS
Risk Awards 2019: Bank heeds lessons of past structured products routs to navigate February volatility
Credit Suisse makes double hire for Asia solutions
Equity structurer Charles Firth rejoins, along with ex-StanChart and Goldman salesman Martin Cher
Equity derivatives house of the year: JP Morgan
Risk Awards 2019: US dealer shrugged off Steinhoff loss to make timely risk-off call before Vix surge
UBS hires Moussa from Credit Suisse for Asia QIS role
Imene Moussa to work on QIS and off-balance-sheet structuring across the region
BNPP targets US equities in new tie-up with GTS
French bank says derivatives business will benefit from better prices and liquidity in underlying stocks
Structured product platforms take off in Asia
Multi-dealer platforms Contineo and FinIQ seek to replicate success in Europe’s fragmented market
Hong Kong stock slump hits CBBC desks
Surging volume and rising leverage expose issuers to gap risk on hedges
Equity vol strategies get defensive
Floored short funding legs and long vega worked in latest US selloff, dealers claim
EU derivatives market adds €55 trillion in 2017
Interest rate products account for 69% of gross notionals
UK derivatives values grow on forex activity
Foreign exchange contact values leap £0.4 trillion in second quarter
Mattatia makes surprise move to MSCI
Former SG equity derivatives structurer was set to join BNP Paribas
Equity modelling with local stochastic volatility and stochastic discrete dividends
SocGen quants calibrate local stochastic volatility models with stochastic dividends
OCC margin breaches spike in Q1
Peak exposure of $363 million in three months to March 31
Asia Risk Interdealer Rankings 2018: The winners
Societe Generale and BGC top the tables
UK derivatives market continues to shrink
Gross market values lowest since December 2007