U.S. Buysiders: BNP, Morgan Stanley, SocGen Top For Lite Exotics

BNP Paribas, Morgan Stanley and Société Générale are the top counterparties for lite exotics, according to major U.S. buysiders. The market-makers yielded higher scores from the asset managers and hedge funds for their sales coverage service than for execution, liquidity and pricing, according to current rankings in EQDerivatives’ interim North American Equity Derivative Report. Bank of America Merrill Lynch, Citigroup, Deutsche Bank and Goldman Sachs are the top ranked counterparties for S&P500 short-term options, according to the exclusive EQDerivatives market-mapping research.