
FxWirePro: VIX ETF traders at CBOE mull over rising vols
Jan 26, 2017 12:21 pm UTC| Insights & Views Commentary
The ETF traders are girding for increased volatility with the postelection rally in U.S. stocks stuck in neutral. HFs manage to deliver positive alpha in 2016, for the first time since 2013. But to proxy the shifts in...

UK Q4 GDP figures show resilience of economy, but Brexit likely to dampen economic activity in 2017
Jan 26, 2017 12:07 pm UTC| Insights & Views Economy
UK growth figures for Q4 confirm resilience of UK economy. Data released by the Office for National Statistics (ONS), showed preliminary estimate of UK Q4 GDP rose 0.6 percent q/q, the same growth rate as in the two...

Jan 26, 2017 12:02 pm UTC| Research & Analysis Insights & Views
The premium of implied volatility to realized has fallen across tenors; most notably at the front-end where the 1m spread has declined by 2.5 vol points (now in negative territory) and in 3m which is 3 vol points lower...

FxWirePro: Directional low vol trade for Cable via “Double No Touch”
Jan 26, 2017 11:49 am UTC| Research & Analysis Insights & Views
The view of a cable range and capped volatility directly suggests a Double No Touch (DNT) implementation. The risk is limited to the premium and the volatility profile is very interesting for the specific GBP...

Jan 26, 2017 10:23 am UTC| Insights & Views
USDKRW remains in an uptrend but has not been able to sustain a move above the 1200 level. The USD trend has stalled since the beginning of 2017. This move appears to reflect a combination of technical and fundamental...

Jan 26, 2017 07:49 am UTC| Research & Analysis Insights & Views
The BlackScholes model has been accredited as a vivid breakthrough in asset pricing theory. But in applying it to real world options, problems immediately arose, because the volatility that makes an options model value...

Why Wall Street's Dow 20,000 is totally meaningless
Jan 26, 2017 07:27 am UTC| Insights & Views Economy
The Dow Jones Industrial Average just broke 20,000 for the first time. Traders and investors cheered this historic high of the worlds most famous stock market index, which is composed of 30 of the biggest and...