Derivs - Equity

EFG Financial Products has launched an autocallable on the Eurostoxx 50 with a strike level of 50% of the initial fixing level.

Krishna Rao, co-head of global equity derivatives trading at Goldman Sachs in London, has retired.

Investors in Asia are selling six-month convexity on regional indices, including the Nikkei at 3.40 vol, and using the trade to fund the acquisition of put spreads on a range of other Asian indices.

Swap dealers will be able to determine whether a counterparty has the appropriate knowledge and soundness to enter into a swap agreement, according to a draft of business conduct protocols circulated by the International Swaps and Derivatives Association.

Daiwa Capital Markets is shifting its business to target its home market of Japan.

Australia fund manager AMP Capital is planning to add an Asian equities team in Hong Kong in September, headed by senior portfolio managers Jonathan Reoch and Patrick Ho.

UBS Global Asset Management has launched on the London Stock Exchange a range of exchange-traded funds containing 66 share classes and replicating 40 indices.

David Wright, the recently appointed secretary general of the International Organization of Securities Commissions, plans to develop a research foundation.

Messaging protocols for many over-the-counter products that will be mandated to be cleared are already standardized, according to Philip Whitehurst, director of SwapClear product management at LCH.Clearnet.

DBS Bank is issuing six non-principal protected equity-linked structured products that will reference a basket of securities, its second round of transactions this year.

Uncertainty in European Union is likely to keep global capital markets repressed for another three to five years, according to Andreas Uterman, global cio at Allianz Global Investors.

Lyxor Asset Management has rolled out its Lyxor ETF SMARTIX Euro iSTOXX 50 Equal Risk and the Lyxor ETF MSCI World Risk Weighted exchange traded funds.