Daily Bulletin: Thursday March 19
Mar 19, 2015
The day before expiry, SPDR S&P 500 was in focus during the afternoon session, with Trade Alert noting that 705,110 contracts are subject to early exercise for a total of USD51.0 million. There is also expectation for heavy ex-dividend trading to occur in underlyings including QQQ, XLV and XLF. EQDerivatives’ coverage today focuses on U.S. pension funds and endowments increasingly moving away from traditional asset allocation to risk-based allocation.Post FOMC, we also look at European flow, specifically in the Eurostoxx 50, where hedge funds and institutional investors have been selling volatility more aggressively following signals from a U.S. Federal Reserve policy statement that the central bank could raise rates after the next quarter. Registration for the 8th Volatility and Tail Risk Educational Event in London on April 16th 2015 is now open! The event brings together global participants in volatility investing including managers, investors, academics and consultants for discussion and debate. Speakers include senior executives from 36 South, BNP Paribas, Capula Investment Management, Artemis Capital Management, Parallax Volatility Advisers and BTG Pactual, among others. For further information, visit www.volatilityinvesting.co.uk.
Restricted content
You must be an EQD+ subscriber to view this page. Either sign in or see below on how to request a trial.
Get access now
Start your 7 day free trial.
You’ll be charged at the conclusion of your trial.
Cancel at any time.
Questions? Need access for multiple users?
Contact eqdplus@eqderivatives.com