Market scoops sterling riskies, put options

By Beth Shah
22 Oct 2014

Market participants, particularly institutional investors, have been picking up risk-reversals and put options on sterling against the dollar.

According to FX traders, there has been a lot of demand for one month 25 delta sterling risk-reversals, which were paid by the market at 0.75%. Additionally, there has been interest in short-dated sterling puts, but little demand for the longer-dated options.

“Gamma is supported thanks to ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial