Derivs - Equity

Changing regulations, evolving cost structures and collateral optimisation systems moving to the front office are forcing buyside firms to consider outsourcing their operations, according to a leading market research firm.

The Australian Securities Exchange has launched FlexClear, an over-the-counter service for equities options that is expected to benefit buyside firms looking to tailor strategies through central clearing.

Banks and derivatives market participants that outsource their IT requirements should select vendors who differentiate themselves from competition, play to their strengths, and who will look to the future, according to one market intelligence chief.

The board of Euronext NV has appointed an interim CEO following Dominique Cerutti’s resignation announcement on April 22.

As part of its business expansion into the Americas, the trade repository UnaVista has hired a regulatory, risk and compliance veteran for the firm’s US expansion efforts.

The Chicago Board Options Exchange is to launch futures and options on the CBOE Volatility Index with weekly expiries.

Seven banks operating in Singapore are now subject to a framework the Monetary Authority of Singapore has established to determine domestically systemic important banks (D-Sibs).

The European Securities and Markets Authority approved operational status for 10 central counterparties to operate in third countries as part of the European Market Infrastructure Regulation.

This is your final chance to vote for the best individuals in the derivatives markets in the Americas. Polls close May 15.

Société Générale is planning to expand its coverage of alternate investment funds with its Orchestra multi-asset post-trade service and prime brokerage, having landed one client this week.

As corporate mergers and acquisitions become increasingly subject to lengthy regulatory reviews, investors have been able to capitalise on greater versatility in options strategies despite higher premiums.

While markets have retraced much of the change in convexity costs seen in late 2014, it looks as though investors are content to price variance at a higher level.