NYSE Liffe, the European-based derivatives business of NYSE Euronext, says it is the most popular foreign exchange in Japan for trading short-term interest rate (STIR) derivatives.
NYSE Liffe, the European-based derivatives business of NYSE Euronext, says it is the most popular foreign exchange in Japan for trading short-term interest rate (STIR) derivatives. According to figures for the financial year ending March 2009, compiled by the Financial Futures Association of Japan, a total of over 20 million STIR derivatives contracts were traded by Japanese firms on NYSE Liffe, more than on any other foreign exchange, and an increase of 56 per cent on the previous fiscal year. Garry Jones, group executive vice-president and head of global derivatives, says: 'We thank our Japanese members and end-customers for their business despite the difficult market conditions over the last year. We hired Izumi Kazuhara as our Chief Representative for NYSE Liffe in Japan in April 2008, where he works within our existing NYSE Euronext office. We did this so that we could work more closely with customers to understand and meet their needs. These latest figures from the Financial Futures Association of Japan suggest this strategy is paying dividends, both in Japan and in the wider Asia-Pacific region.'
Exploiting the volatility premium through systematic strategies
With over $2bn in AUM just two years after launch, Empureon is leveraging volatility premiums, portfolio hedging and portable alpha to…
More
Alternative Views Ahmet Peker and Daniel Lucke
In Alternative Views Hedgeweek®,goes behind closed doors with those in the know to get the latest on hedge funds. Today, we speak to Ahmet…
More
Removing human bias from an concentrated market
Mast Investments outline how systematic investment processes seek to reduce behavioural biases while identifying opportunities created by…
More
