Derivs - Equity

Inna Bochkova, former managing director and head of US flow equity derivatives sales at BMO Capital Markets, has joined Susquehanna International Group.

Bearish hedge funds are taking advantage of record elevated skew levels on the S&P500 this week, entering at-the-money three-month down-and-out put options.

UBS has hired Amir Heravi, a former equity derivatives trader at BNP Paribas in New York, as co-head of index flow trading, also in New York.

Leonteq has launched a mini-future certificate on a long/short strategy that offers investors the opportunity to participate in the possible outperformance of Lindt & Sprüngli participation certificate versus the Lindt & Sprüngli registered share.

Scott O’Malia, Republican commissioner at the Commodity Futures Trading Commission in Washington DC, has resigned after four and half years, effective August 8.

Saxo Bank has appointed Alessandro Bressan, the former global head of dbIntegrate sales at Deutsche Bank in London, as global head of equity products, also in London.

The launch of Japan Nikkei 400 index (JPX) futures in November will likely lead to a reduction in the premium of delta one swap access to the underlying, subsequently driving further flow from investors.

The number of shares outstanding in volatility exchange-traded funds, or ETFs that track the CBOE VIX, over the last three months has increased 22%

The Montréal Exchange is planning to roll out weekly expiring options on single stocks and some exchange-traded funds sometime this year.

The Johannesburg Stock Exchange is planning to merge its listed derivatives market with its equities platform within six-to-eight weeks in a bid to attract greater participation from international brokers in its markets.

Christian Maria Kreuser, co-founder of Quirin, a German private bank, has been appointed senior advisor for fund management and structured investment management at Assenagon asset management in Munich.

Euronext is to launch weekly expiries on its CAC40 and AEX future contracts, the first initiative of its kind in Europe.