Renewed demand for derivatives hedging across equities, rates and commodities as investors reposition amid compressed volatility and diverging macro signals.
UBS Global Markets’ latest volatility commentary points to a shifting derivatives landscape where spot markets and macro risk signals are increasingly diverging, creating opportunities for hedging and optionality-based strategies across asset classes. A key macro observation is the growing disconnect between equity markets and oil A key macro observation is the growing disconnect between equity markets and oil. While SPX levels have remained resilient, the note highlights that equity m