The Q3 results of Roche disappointed the market. At 11:00am the spot is down 4.70%... The stock is...
Latest articles on Markets
Structured 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.
What To Expect From VIX1D, The New One-Day VIX?
This week, another VIX was launched by CBOE: the VIX1D. it is meant to measure the 1-day...
MOVE vs VIX Ratio: Is That A Relevant Metrics ?
The Move/VIX Ratio is now very fashionable Recently, graphs comparing the MOVE Index to the VIX...
Credit Suisse takeover? Silicon Valley Bank Bankruptcy?.. Been There, Done That.
The 2023 financial saga with Silicon Valley Bank and Credit Suisse reminds some of us of the 2008...
The 2Y USD Black Swan… Not Tonight Josephine!
Empress Josephine, Napoleon's wife, was fond of exotic animals. She would have monkeys,...
0DTE Options Are Not Lottery Tickets, They Are Worse Than That!
There is more and more noise about the rise of the 0DTE options (zero day to expiry)....
Nestlé, Roche, Novartis : Swiss curse or Swiss blessing?
Being a structurer is a great job: it means coming with payoffs or themes that make sense, that...
Who Does Not like Volatility Laundering?
🏆 Private Equity firms reported 1.6% gains for Q1 2022 in a year where global equities lost 22%...
The VKO Puts Makes Citi Equity Derivatives House Of The Year 2022
🏆 Citi has been named Equity Derivatives House of the year 2023 by Risk.net . In...
𝗧he 𝗛alf 𝗕illion 𝗗ollar 𝗖hinese 𝗗igital
The South Korean Financial Supervisor has issued a warning in a report published recently:...
Products
Structured Products = Alternative Investments ?
Asset managers tend to classify structured products as “alternatives”. That is rather a classification by default than...
Is Optimising Structured Products Really Optimal ?
Banks and independent software companies offer optimisers / optimizers for structured products It is quite standard...
Structured Product Blues
Yield enhancement products have been the market favourite for years The most actively traded retail structured...
Derivates
BAYER SCRAPS ITS DIVIDEND… BEEN THERE, DONE THAT.
The veteran Exotic traders will remember Citibank scrapping its dividend in 2008. They will also remember Telefonica...
HSCEI TV : How Structured Products Distort Volatilities
In the world of structured products, and as mentionned in a previous post, 2024 will be an extraordinary year in South...
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...