Daiwa Capital Markets appoints head of equity derivatives Asia ex-Japan

Daiwa Capital Markets has appointed Adam Cowperthwaite as head of equity derivatives sales for Asia, ex-Japan. Cowperthwaite, who will be based in Hong Kong, will report to Clarke Pitts, global head of equity derivatives in London, and Dominique Blanchard, global head of derivatives in Hong Kong.

Cowperthwaite was previously Asia-Pacific head of structured retail products at Credit Suisse in Hong Kong. He left the bank in April last year. He led the Swiss bank's structured retail products (SRP)

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It has been several years since we have seen volatility in gold. An increase in gold volatility can typically be associated with a change in sentiment and investor behavior. The precious metal has surged this year on increased demand for safe haven…

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