Nikkei Autocallable Issuance To Spike

22 Feb 2013

Nikkei-linked autocallable issuance is being tipped to swell as dealers replace recently knocked out transactions.

Nikkei-linked autocallable issuance is being tipped to swell as dealers replace recently knocked out transactions.

The expected flow of the deals, known as Uridashi in Japanese, means the dynamics of the Nikkei in 2012—which saw a positive correlation between spot and volatility, and spot and skew in the ...

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