Opinion: accumulators will prevail over good sense
Hesitancy has returned among investors in recent weeks as equity derivative dealers have reported a slowdown in accumulators. They seem to be watching range-bound markets carefully before deciding whether to take a punt. But don’t bet on good sense prevailing.
It’s clearly a changed world when equity derivatives bankers claim that demand for accumulators has slowed in recent weeks and it barely raises any eyebrows.
Demand for accumulators – once greatly loved then greatly reviled – has been trickling back over the last couple of months as some investors
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