Equity markets
RBS launches three new products in Sweden
The Royal Bank of Scotland (RBS) has launched three new products for the Swedish retail market: Autopilot 8, Alpha Centurion 2, and BRC Index Spread.
Rabobank launches structured products linked to stock exchanges
Rabobank has launched three structured products linked to the share prices of three Asian stock exchanges: Hong Kong Exchanges and Clearing (HKex), the Singapore Exchange (SGX) and Bursa Malaysia (Bursa).
Why the implied correlation of dispersion has to be higher than the correlation swap strike
It may be accepted wisdom and proven fact, that the implied correlation that results from a dispersion trade does not equal the price of a correlation swap in the market, but AXA Investment Managers Saad Slaoui and Jerome Vierling examine the theory…
The easy path to permanent capital Nirvana...
Listing funds is one way of raising capital that sticks, Alpha Strategic shows managers there's more than one way to skin this cat, as Solomon Teague writes
Getting strongly bullish about the prospects and future opportunities in the land of the bear
russia equity long/short
Euronext to launch volatility indexes
Stock exchange Euronext is to launch three volatility indexes to capture implied volatility embedded in option prices. The AEX Volatility Index, the BEL 20 Volatility Index and the CAC 40 Volatility Index can be used as underlyings for structured…
Foreign exchange - Carry on regardless
Carry trade
Putting backlogs up front
Equity Derivatives
The untenable robustness of hedging
Credit indexes
Equity meltdown causes "sheer panic" in credit trading
As the equity markets continued their freefall today, the credit default swap market took a lead in what was described by one trader as a morning of sheer panic.
LSE Borsa Italiana Merger to open up UK Market to Securitised Derivatives
Structured products will be available to both London Stock Exchange (LSE) and Borsa Italiana investors following the merger of the two exchanges in June. The products, coined as securitised derivatives by both exchanges, will be traded on the UK and…
Dawnay Day launches Maximiser II
Dawnay Day Quantum (DDQ) will launch DDQ European Stockmarket Maximiser II on 23 July, offering exposure to the Dow Jones EURO STOXX 50 Index with 10 times the index return, up to 60%; 1.75 times the index return, above 60%, uncapped; 100% capital…
Deutsche Börse calculates DAXplus strategy indexes for more countries
Deutsche Börse has launched four new DAXplus strategy indexes for Japan, the US, Switzerland and France. The indexes, dubbed DAXplus Minimum Variance and DAXplus Maximum Sharpe Ratio, are rule-based and track passive risk/return-optimised investment…
Cbot voters may shun CME bid
Pressure is being placed on the Chicago Mercantile Exchange (CME) to raise its bid for the Chicago Board of Trade (Cbot) ahead of a crucial vote by both sets of shareholders on Monday.
SG CIB launches timer options
Société Générale Corporate and Investment Banking (SG CIB) has developed a new type of option that allows buyers to specify the level of volatility used to price the instrument. Timer calls are designed to give investors more flexibility and ensure they…
When speed is of the essence: working the short sell in Asia
Speed is critical when going short in Asia's emerging markets, says Lionhart's Jason Kennard. Success means knowing the market and your customers, and having 24-hour access to a trading platform that can adequately back up your strategies, he adds
Synthetic considerations...
tete à tete: shorting
Model mismatch
While mark-to-market may be the prefered route to pricing, sometimes it just isn't possible. The Bank of New York's Tim Murphy and Markit's Richard Earl look long and hard at models as they apply to the pricing for OTC instruments
Chicago's exchange merger mania
exchanges
Citi's Guide to Structured Product Terminology
Corporate statement
Batting for British banks
PROFILE: ANGELA KNIGHT