Knock-in, knockout (Kiko)
Hedge funds ease off profitable China FX options trade
Some still hold positions but an appreciating renminbi may make them less profitable for now
Regulators should beware structured product bubbles
Closer scrutiny as they emerge could help avoid nasty surprises
An efficient numerical partial differential equation approach for pricing foreign exchange interest rate hybrid derivatives
This paper discuss efficient pricing methods via a partial differential equation (PDE) approach for long-dated foreign exchange (FX) interest rate hybrids under a three-factor multicurrency pricing model with FX volatility skew.
House of the year, Asia: Societe Generale
Societe Generale wins Structured Products house of the year for Asia