Derivs - Equity

Lyxor Asset Management has launched an equity structured product fund to retail investors in Hong Kong designed to capture the upside of the China A-share market.

Close-out netting under International Swaps and Derivatives Association Master Agreements could become less effective once regulatory reform forces companies to separate various types of derivative activity.

Morgan Stanley equity derivative strategists are recommending three-month out-of-the money calls or put spreads on Brazilian and Korean indices to take advantage of a narrow spread between implied volatility in emerging and developing markets.

Paul Adams, director and head of multi-asset structured product sales for the U.K. and Ireland at Nomura in London, has left the firm to join Royal Bank of Canada.

Net derivative liabilities, under Basel II standards, will be taken into account when calculating a firm’s U.K. bank tax, according to a consultation released by H.M. Treasury today.

Dixit Joshi, head of equities for Europe, Middle East and Africa at Barclays Capital in London, left the firm over the weekend.

The New Zealand Ministry of Economic Development has issued a consultation paper that proposes to overhaul existing derivatives regulation in the country.

Registered funds that use exotic, riskier derivatives would have to set aside more assets to counterbalance their trades than plain vanilla users under a newly floated proposal.

Market turmoil in May, with the VIX spiking from below 16 to above 45 in less than one month, has brought back fresh memories of the 2008 financial crisis and renewed predictions of a double dip recession.

Citigroup is expanding its equity derivatives trading team in Europe with four hires, according to an internal memo seen by Derivatives Week.

The Collins Amendment to the U.S. Dodd-Frank Act could impose higher capital requirements on derivatives than previously thought.

UBS has begun marketing a five-year structured note linked to the best performing of three equity portfolios, each comprised of different weightings of three indices.