Traders Buy Aussie Puts

  • 15 Jan 2001
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Traders bought one- and two-month 25-delta out-of-the-money Aussie dollar puts against the U.S. dollar last week, betting that the currency would weaken. One-month implied volatility stood at 14.3%/14.6% at the close of trading on Thursday. Risk reversals favored puts over calls by 0.4%. The Aussie dollar was expected to weaken against the U.S. dollar because of weaker-than-expected Australia Bureau of Statistics unemployment data published on Thursday. Although employment figures improved, full-time employment had actually fallen, representing an actual weakening in the labor market, said a trader.

Traders also expect one-month implied volatility to rise if the Aussie dollar falls further, making buying puts more attractive still, the trader said. On Thursday the spot stood at AUD0.5552 compared with AUD0.5565 the previous Thursday, he said. Most trades were interbank and speculative, he said. Typical notional sizes were AUD50 million.

  • 15 Jan 2001

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 Citi 22,118.13 61 9.00%
2 Barclays 20,987.41 55 8.54%
3 JPMorgan 17,406.75 53 7.08%
4 HSBC 16,333.52 48 6.64%
5 Goldman Sachs 15,454.74 49 6.29%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 Commerzbank Group 114.00 1 66.16%
2 CaixaBank 37.05 1 21.50%
3 UniCredit 10.62 1 6.17%
3 BNP Paribas 10.62 1 6.17%
Subtotal 172.30 3 100.00%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 SG Corporate & Investment Banking 770.06 2 16.80%
2 Goldman Sachs 656.16 2 14.32%
3 JPMorgan 527.28 4 11.50%
4 Emirates NBD PJSC 408.38 1 8.91%
5 Deutsche Bank 321.53 3 7.01%