A single-stock exotic trader who sells structured products is essentially in the business of...
Latest articles on Markets
Structuredย products design can be influenced by market conditions: levels of interest rates, dividends and volatility drive the retail and institutional flow. But the flow of structured products can also influence market conditions, mainly volatility and dividends. The below articles will tackle some of those phenomena.
๐๐ค๐จ๐๐ง๐ฌ ๐๐ซ๐ข๐ง๐๐ ๐ฅ๐๐ฆ๐๐ฆ ๐ฆ๐๐ฅ๐๐๐ฆ: ๐๐๐ฉ๐๐๐๐ก๐๐ฆ
As almost every structured product issued globally is bullish, the flow from retail investors is...
US Presidential Election, VIX and OPTION MARKET
ย On Monday, October 7, the ๐ฉ๐๐ซ ๐ท๐๐บ๐ฝ๐ฒ๐ฑ ๐ฏ๐ ๐ฏ ๐ฝ๐ผ๐ถ๐ป๐๐, seemingly without cause. However, the reason is...
ATTENTION: NEGATIVE SKEW ON HANG SENG INDEX
The rush into Chinese equities has propelled the ๐๐ฎ๐ป๐ด ๐ฆ๐ฒ๐ป๐ด ๐๐ป๐ฑ๐ฒ๐ ๐ฏ๐ +๐ฏ๐ฑ% over the last month! ๐ง๐ต๐ฎ๐...
The 2024 Outlook on Korean Autocallables and the HSCEI $5 Billion Digital: A Deep Dive
The Rising Tide of South Korea's Structured Products Market In the heart of Asia's financial...
BAYER SCRAPS ITS DIVIDENDโฆ BEEN THERE, DONE THAT.
The veteran Exotic traders will remember Citibank scrapping its dividend in 2008. They will also...
HSCEI TV : How Structured Products Distort Volatilities
In the world of structured products, and as mentionned in a previous post, 2024 will be an...
2024 Judgement year for Korean Autocalls and the $5billion HSCEI digital.
South Korea is an extremely large market for structured products. A favourite product is the...
South-Korean retail investors are losing money on Autocallables
... a reminder that potential risks can become a reality. According toย The Korea Times, South...
๐๐ โ๐๐ผ๐ต๐ป ๐ฆ๐บ๐ถ๐๐ต, ๐ ๐๐, ๐ฃ๐ต๐, ๐๐๐๐, ๐๐๐, ๐๐ค๐, ๐๐ฅ๐ โ ๐ฎ๐ป ๐๐ป๐ฑ๐ฒ๐ฟ๐ฝ๐ฒ๐ฟ๐ณ๐ผ๐ฟ๐บ๐ฒ๐ฟ?
Is accumulating post-nominal letters a sign of a competence? or a promise for future...
Products
2024 Judgement year for Korean Autocalls and the $5billion HSCEI digital.
South Korea is an extremely large market for structured products. A favourite product is the autocall on the worst of...
South-Korean retail investors are losing money on Autocallables
... a reminder that potential risks can become a reality. According toย The Korea Times, South Korea's Financial...
๐๐ โ๐๐ผ๐ต๐ป ๐ฆ๐บ๐ถ๐๐ต, ๐ ๐๐, ๐ฃ๐ต๐, ๐๐๐๐, ๐๐๐, ๐๐ค๐, ๐๐ฅ๐ โ ๐ฎ๐ป ๐๐ป๐ฑ๐ฒ๐ฟ๐ฝ๐ฒ๐ฟ๐ณ๐ผ๐ฟ๐บ๐ฒ๐ฟ?
Is accumulating post-nominal letters a sign of a competence? or a promise for future underperformance ? Regarding...
Derivates
EQUITY EXOTIC RISKS SERIES : DISPERSION
A single-stock exotic trader who sells structured products is essentially in the business of buying puts and worst-of...
๐๐ค๐จ๐๐ง๐ฌ ๐๐ซ๐ข๐ง๐๐ ๐ฅ๐๐ฆ๐๐ฆ ๐ฆ๐๐ฅ๐๐๐ฆ: ๐๐ข๐ฉ๐๐ฅ๐๐๐ก๐๐
The life of an exotic trader often involves selling cheap calls and buying expensive puts. A strategy to make the put...
๐๐ค๐จ๐๐ง๐ฌ ๐๐ซ๐ข๐ง๐๐ ๐ฅ๐๐ฆ๐๐ฆ ๐ฆ๐๐ฅ๐๐๐ฆ: ๐๐๐ฉ๐๐๐๐ก๐๐ฆ
As almost every structured product issued globally is bullish, the flow from retail investors is essentially "long...