Weekly Bulletin: Jan. 26-30

The new vol market regime was a hot topic this week, with Derivaguard’s Don Dale highlighting the post-Jan. 2 dynamic which has left vol-of-vol undervalued. Our exclusive market-mapping research revealed BNP Paribas as the top overall counterparty for large, active U.S.-based funds — at the lite exotics product level, Morgan Stanley and SocGen showed strong. We also looked at a San Bernardino pension fund using emerging market trades to manage vol.