​Daily Bulletin: Tuesday March 31

Another four firms are set to launch an integrated multi-issuer investment products platform in an effort to enhance the distribution of structured products globally. This is the latest platform to launch in the structured products market, following moves by Contineo and a slew of sellside backers to launch a multi-issuer product platform earlier this year. The latest platform is being developed by Avaloq, DBS, Leonteq and Numerix. The first phase of the launch will be focused on the Asia Pacific region. In U.S. flow, the VIX futures and options market is suffering from a lack of news to trade around. This follows news earlier in the month of a cut to open interest in the VIX, but also runs contrary to recent positioning in the VXX. In People & Firms, A former head of index flow trading at Nomura has joined an asset management and structured products boutique.