Equity index futures
China snowball knock-ins fuel futures sell-off
Market participants say issuer re-hedging has helped drive Chinese equity indexes lower
Chinese snowball revenues melt away
Securities firms see falling revenues in the index-linked trades, but struggle to replace their profitability
Concern over sluggish adoption of ESG futures
While the number of products is on the rise, very few have underlying liquidity
OTC trading platform of the year: Fenics GO
Risk Awards 2021: hybrid protocol jumpstarts electronification of options block trading
Dividend delays upend pricing of Eurostoxx futures, options
Investors that rolled futures contracts before companies axed AGMs “could have lost a lot of money”
Hedge funds see big gains on dividend curve trades
A popular relative value strategy delivered unexpected profits when companies axed payouts
Eurostoxx dividend futures see trading frenzy
December 20 contracts drop 39% in March
Validation of index and benchmark assignment: adequacy of capturing tail risk
This paper provides practical recommendations for the validation of risk models under the Targeted Review of Internal Models (TRIM).
Exchange innovation of the year: CME Group
Risk Awards 2020: New equity index contracts most successful launch in exchange’s history
Exchange of the year: Eurex
Risk Awards 2020: Success of futurisation project powers bourse to global top spot
Winning investment strategies based on financial crisis indicators
The aim of this paper is to create systematic trading strategies built around several financial crisis indicators, which are based on the spectral properties of market dynamics.
China’s futures clampdown hits Hong Kong warrants
Volumes of derivatives linked to China A-shares fall 83%
Quant fund approaches need refining in China market
Rich pickings are available but market fundamentals differ from Europe and the US
Camomille: most money made on the recovery
'Madness of crowds' psychology governs investment policy
China looks beyond commodity derivatives with equity options launch
New equity options on two exchanges
Single-stock futures skirt US dividend-equivalent withholding
Skirting the tax
Philippine Stock Exchange partners with SGX for equity futures – Hans Sicat profile
PSE chief Hans Sicat views cross-border partnerships as vital for development of Asean exchanges, although domestic regulation creates some obstacles
Inventory limits behind collapse in equity repo rates
Delta-one desks say their arbitrage business has been cut back – contributing to an unprecedented collapse in implied equity index repo rates. Inventory pressures created by bank regulation are being blamed. Matt Cameron reports