Reporting requirements for ESG funds may not solve the problem – a list of harmful investments might
Poor price discovery presents opportunities for systematic traders in super-trending markets
Worst-case losses would have wiped out the CCP’s available liquid resources on one day in Q1
Short volatility players try to box clever after strategy’s Covid rout
Volatility products could see more wild swings as dearth of vol sellers exacerbates spikes
Wild retail trading sees calls sink below intrinsic value ahead of expiry as puts break spot correlation
Options and ETFs give tech index new momentum, while S&P 500 sees higher levels of mean reversion
While stock volatility is boosting inline warrant turnover, it’s driving bets more suited to wholesale products
Will negative prices and big losses curb retail investors’ appetite for oil futures over the longer term?
What part did Bank of China and other investors play in last month’s oil rout, asks derivatives veteran
New EU rules on liquidity stress-testing force fund managers to hunt out clues on investors
Autocallable volumes could suffer as mis-selling fallout spreads to equity-linked structures
Risk Awards 2020: New equity index contracts most successful launch in exchange’s history
Does the cultural and demographic experience of Japan apply to a heterogeneous grouping of nations that have no common monetary policy or a unified social outlook?
Mis-selling enquiry may extend to structuring banks as global rates plunge threatens retail notes
Exploring the risk thrown up by autocallables has created a new family of structured products, offering diversification to investors while allowing their manufacturers room to extend their portfolios, writes Manvir Nijhar, co-head of equities and equity…
Global market risk capital standards carry sky-high charges for fund derivatives
Hedging headaches force issuers to seek new structured product blockbusters
Dealers caught in danger zone as losses lurk on upside and downside spikes
Official proposals fail to allay fears over “misleading” projections of returns in key information document
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…
Many fear performance scenarios will remain misleading and expose providers to mis-selling claims
In this paper, the authors analyze why the optimal portfolio of funds that investors may take under complete information and the actual structure of the mutual fund market differ.
Smarter algorithms can’t stop us making bad investment decisions – yet, writes Andrew Lo