Distributors trade in the listed market to capture the volatility spread and keep more profits in house, Susquehana
Volatility, the statistical measure of the dispersion of returns for a security or market index, reached its highest level in 2.5-years at the beginning of February, with the CBOE Volatility Index (Vix) closing at 37.32 points on February 5, after having traded at historical low levels for months. SRP asked Tom Karlsson (pictured), head of European options sales, at Susquehanna International Group - a market maker on listed equity options - about the impact of volatility on structured products.
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