
Jul 15, 2016 12:33 pm UTC| Research & Analysis Insights & Views
The above diagram demonstrates the equal probabilities of gamma effects when you move towards on either direction of OTM or ITM strikes. These gamma values measure the rate of change of the delta with respect to the...

China's H1 2016 monetary data reveals growing divergence between M1 and M2 growth
Jul 15, 2016 10:59 am UTC| Insights & Views Economy Commentary
Chinas H1 2016 monetary data released by the Peoples Bank of China (PBoC) showed that New Yuan Loan rebounded to RMB1.38trn from RMB985bn in June, much higher than market expectation (RMB1trn), resulting in a total RMB...

Jul 15, 2016 09:45 am UTC| Research & Analysis Insights & Views
The Chinese economy grew 6.7% YoY in Q2 2016, unchanged from Q1, to bolster the growth in order to achieve 6.5-7.0% growth target, further monetary policy easing is still on the table. The slowdown in M2 growth in recent...

FxWirePro: USD/CNH 1y volatility structurally expensive, Shorting Vega has good risk-reward
Jul 15, 2016 08:52 am UTC| Research & Analysis Insights & Views
Shorting vega and downside has good risk-reward Vega volatility structurally expensive. USD/CNH 1y implied volatility consistently trades at a significant premium above the realised volatility (see above graph). The...

Jul 15, 2016 07:27 am UTC| Research & Analysis Insights & Views
1m ATM IVs are trending more than 11% which is favourable for option holders. As you can glance through the skewness in 1m IVs of AUDUSD, they highlight more probabilities of underlying spot sensitiveness to the OTM...
Without smarter governance, blockchains will fall victim to more attacks
Jul 15, 2016 00:36 am UTC| Insights & Views Digital Currency
Companies around the world are exploring blockchain, the technology underpinning digital currency bitcoin. In this BlockchainRevolutionseries, we investigate the many possible use cases for the blockchain, from the novel...
After Fisher: affirmative action and Asian-American students
Jul 15, 2016 00:31 am UTC| Insights & Views Law
After eight years, the Abigail Fisher case finally has been put to rest. In a landmark judgment on June 23, the U.S. Supreme Court upheld the constitutionality of race-conscious affirmative action in university...