​Daily Bulletin: Thursday April 23

Quarterly results rolled on today with tech giant Amazon noting a 15% sales increase to USD22.72 billion. The stock’s options saw 3x the usual volume ahead of the numbers, touching a 52 week implied volatility high. In Europe, Hedge funds, across both volatility and multi strategies, are increasingly looking at the VSTOXX as a way of implementing tactical positioning, while in Asia, we look at how the rally in Hong Kong’s H-share market is affecting HSCEI options. We also delve into the future of custom fixed index annuities, in particular how higher interest rates could change the market.