Derivs - Equity

Derivative.com, the Swiss multi-dealer structured product click and trade platform, is working on offering bonus and outperformance certificates to users, according to Eric Wasescha, ceo of Derivative Partners, which operates the platform.

Macro hedge fund investors are shifting their focus to the South Korean equity market, buying KOSPI 225 Dec. 2013-or-Jan. 2014 upside at-the-money calls, or slightly out-the-money calls with strikes at about 105%, as interest in Japan equities wanes.

Counterparties may be disincentivized from choosing to segregate their collateral following final rules from the U.S. Commodity Futures Trading Commission addressing the manner in which swap dealers hold collateral for uncleared swaps.

The Australian Securities Exchange has traded 27 A-VIX futures contracts with average notionals of around AUD15,000 within the first two weeks of the product launching.

Investors should look at buying a Dec. 2013 10,600-11,400-10,000 call spread collar on the HSCEI, buying a Dec. 2013 10,600-11,400 call spread and financing the trade by selling a Dec. 2013 put with a 10,000 strike.

Old Park Capital, a London-based asset management firm, has launched one of its investment strategies via Old Park Capital Maestro Fund and sees fears over increased volatility as a key draw for investors.

Samsung Asset Management wants to provide retail and institutional investors with a one-stop investment platform offering a range of synthetic exchange-traded funds.

ANZ is relocating its Hong Kong equity trading desk to Sydney and axing plans to launch an equity warrants business in Asia.

Old Park Capital, a London-based asset management firm, has launched one of its investment strategies via a Cayman fund.

UBS reported a decline in equity derivatives revenues in Q3 2013 compared to Q2 2013, following reduced client activity and weaker trading performance during the period.

BNP Paribas has launched 39 exchange-traded notes on NYSE Euronext Paris. Known as EasyTRACKERS, the ETNs give portfolio managers liquid and direct access to markets for diversified asset allocation.

The extreme short-term divergence between the Eurostoxx 50 and the IBEX 35 has opened up an opportunity to buy calls on the SX5E against the IBEX, according to Société Générale’s global equity flow advisory team. The tactical play anticipates that the European index will reclaim lost ground against the Spanish index going into year-end.