Bund e TBond: trichechi sulla Maginot VM 180 anni
- Creatore Discussione f4f
- Data di Inizio
gipa69
collegio dei patafisici
e questo è il lato comico della faccenda SG 
Yes, you guessed it: Société Générale.Awarded just this month by Risk magazine, SocGen bagged the gong for equity derivatives house of the year. While credit made headlines, said the mag, equity markets also had a rough ride, with the rise in correlation and volatility causing pain for some dealers.
With one of the largest exotics books on the Street, one would imagine that Société Générale Corporate and Investment Banking (SG CIB) would be licking its wounds and coping with hundreds of millions of euros in losses. There was some impact, but the losses have been relatively minor and entirely manageable, says Christophe Mianne, SG CIB’s head of market activities, covering equity, derivatives, fixed income, currency and commodities in Paris.
“We managed the existing book very well because we decided some time before the crisis to be long volatility and be less sensitive to correlation, so the losses were minimal. We suffered on our statistical arbitrage trading activity, but that was just for one month, and minimal compared to some hedge funds or other banks. Overall, our trading activities will be approximately flat compared to last year, which is a good performance,” remarks Mianne.
They were so busy managing the book for forthcoming volatility, that they failed to notice a trader building up “massive fraudulent directional positions,” resulting in the loss of €5bn.
Yes, you guessed it: Société Générale.Awarded just this month by Risk magazine, SocGen bagged the gong for equity derivatives house of the year. While credit made headlines, said the mag, equity markets also had a rough ride, with the rise in correlation and volatility causing pain for some dealers.
With one of the largest exotics books on the Street, one would imagine that Société Générale Corporate and Investment Banking (SG CIB) would be licking its wounds and coping with hundreds of millions of euros in losses. There was some impact, but the losses have been relatively minor and entirely manageable, says Christophe Mianne, SG CIB’s head of market activities, covering equity, derivatives, fixed income, currency and commodities in Paris.
“We managed the existing book very well because we decided some time before the crisis to be long volatility and be less sensitive to correlation, so the losses were minimal. We suffered on our statistical arbitrage trading activity, but that was just for one month, and minimal compared to some hedge funds or other banks. Overall, our trading activities will be approximately flat compared to last year, which is a good performance,” remarks Mianne.
They were so busy managing the book for forthcoming volatility, that they failed to notice a trader building up “massive fraudulent directional positions,” resulting in the loss of €5bn.
f4f
翠鸟科
gipa69 ha scritto:e questo è il lato comico della faccenda SG
Yes, you guessed it: Société Générale.Awarded just this month by Risk magazine, SocGen bagged the gong for equity derivatives house of the year. While credit made headlines, said the mag, equity markets also had a rough ride, with the rise in correlation and volatility causing pain for some dealers.
With one of the largest exotics books on the Street, one would imagine that Société Générale Corporate and Investment Banking (SG CIB) would be licking its wounds and coping with hundreds of millions of euros in losses. There was some impact, but the losses have been relatively minor and entirely manageable, says Christophe Mianne, SG CIB’s head of market activities, covering equity, derivatives, fixed income, currency and commodities in Paris.
“We managed the existing book very well because we decided some time before the crisis to be long volatility and be less sensitive to correlation, so the losses were minimal. We suffered on our statistical arbitrage trading activity, but that was just for one month, and minimal compared to some hedge funds or other banks. Overall, our trading activities will be approximately flat compared to last year, which is a good performance,” remarks Mianne.
They were so busy managing the book for forthcoming volatility, that they failed to notice a trader building up “massive fraudulent directional positions,” resulting in the loss of €5bn.
molto apprezzato
Andrea 53
Forumer storico
Minchia 
torno ora e che ti vedo 
per farla breve mi ha preso i 2 bund in profit da 117 chiusi 116.50
cosi sono flat .
come prima operazione dell'anno dovrei essere contento , ma non lo sono perchè noto che non ho modificato il mio modo di operare cioè non riuscire a portare avanti in trailing una buona entrata
torno in ritiro a riflettere
torno ora e che ti vedo per farla breve mi ha preso i 2 bund in profit da 117 chiusi 116.50
cosi sono flat .
come prima operazione dell'anno dovrei essere contento , ma non lo sono perchè noto che non ho modificato il mio modo di operare cioè non riuscire a portare avanti in trailing una buona entrata
torno in ritiro a riflettere
quicksilver
Forumer storico
avete pensato che la situazione di oggi potenzialmente può essere esplosiva?
il futures nasdaq è piu o meno sui livelli della chisura mentre l'europa è gia sul +4/5%
se il nasdaq sale che si fa?
il futures nasdaq è piu o meno sui livelli della chisura mentre l'europa è gia sul +4/5%
se il nasdaq sale che si fa?
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