Volatility Delays Launch Of Repurchase Index-Linked Products

28 Jul 2011

The launch of products based on the Wholesale Markets Brokers’ Association’s Repurchase Overnight Index Average will likely be delayed because of increased market volatility.

The launch of products based on the Wholesale Markets Brokers’ Association’s Repurchase Overnight Index Average will likely be delayed because of increased market volatility. Originally scheduled to debut next month, it will now be introduced in the fourth quarter, according to Roberto Verillo, a managing director at Nomura.

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