Equity Derivatives Broker - Delta One Japan, Vantage Capital Markets Japan

François-Xavier Pustoc'h

Equity Derivatives Broker - Delta One Japan

Independent Financial Broker

Vantage Capital Markets Japan

We provide world class financial solutions to our extensive institutional client base including rapidly growing corporations, leading investment banks, commercial banks, asset managers, private equity funds, family offices and hedge funds.

Our services include capital market offerings and placements, wholesale brokerage and execution of cash and derivative products (both listed and OTC) across a range of asset classes.

VCM has offices in London, Hong Kong, Tokyo and Dubai from where we service our global client base. Our strength lies in the experience and quality of our teams, supported by excellent operations and infrastructure.

Equity Derivatives

<ul><li>Nikkei implied volatility spiked and reverted as NKY index stabilized quickly after the technology sell-off.</li><li>Nikkei 1M volatility is slowly going lower as NKY index trades in a range.</li><li>Volumes and new open interest focused on downside and short-term expiry this week.</li></ul>

Nikkei implied volatility spiked and reverted as NKY index stabilized quickly after the technology sell-off.Nikkei 1M volatility is slowly going lower as NKY index trades in a range.Volumes and new open interest focused on downside and short-term expiry this week.

EQD: Weekly Nikkei Volatility Update (Jan 24th – Jan 31st)

Equity Derivatives and Volatility Specialist, Clifton Derivatives

John Ley

Equity Derivatives and Volatility Specialist

Clifton Derivatives

Independent derivative and volatility research firm focusing on events/catalysts, earnings, relative value and cross asset volatility strategies.

<ul>
<li>Nikkei back at the top of the price range rising 3.85%. Gains may be more limited from here without an assist from the currency.</li>
<li>Implied vols softened on the week from a combination of factors includes low realized volatility on the week.</li>
<li>Active trade in Put and Call strikes at the edge of the recent trading range.</li>
</ul>


Nikkei back at the top of the price range rising 3.85%. Gains may be more limited from here without an assist from the currency.
Implied vols softened on the week from a combination of factors includes low realized volatility on the week.
Active trade in Put and Call strikes at the edge of the recent trading range.


EQD | Nikkei Index Options Weekly (January 20 – 24): Looking for an Assist

<ul><li>NKY dividends steepened sharply last week on Nikkei’s upside move.                         </li><li>Low volumes mostly concentrated on 2025 tenor.</li><li>Strong interest in steepeners but low liquidity on the offer side.</li></ul>

NKY dividends steepened sharply last week on Nikkei’s upside move.                         Low volumes mostly concentrated on 2025 tenor.Strong interest in steepeners but low liquidity on the offer side.

EQD: Nikkei Dividends Update (Jan 17th – Jan 24th)

<ul><li>Nikkei implied volatility went down on interest rates’ BOJ announcement in line with expectations.</li><li>Nikkei Historical-Implied volatility spread started normalizing, trading now around - 4.5.</li><li>After some pre-BOJ announcement hedging, focus is now on the upside.</li></ul>

Nikkei implied volatility went down on interest rates’ BOJ announcement in line with expectations.Nikkei Historical-Implied volatility spread started normalizing, trading now around - 4.5.After some pre-BOJ announcement hedging, focus is now on the upside.

EQD: Weekly Nikkei Volatility Update (Jan 17th – Jan 24th)

Asia L/S Equity PM/Macro/Thematic Idea Generation

Rikki Malik

Cross Asset Strategy

<ul>
<li>A review of recent events and data impacting our investment themes and outlook</li>
<li>US interest rate expectations continue to whip markets around, even as more cracks emerge in the AI trade.</li>
<li>Japan goes for broke with its latest budget and debt issuance.</li>
</ul>


A review of recent events and data impacting our investment themes and outlook
US interest rate expectations continue to whip markets around, even as more cracks emerge in the AI trade.
Japan goes for broke with its latest budget and debt issuance.


Overview #42 – What a Difference a Day Makes!

Japan

The Nikkei-225 Stock Average is a price-weighted average of 225 top-rated Japanese companies listed in the First Section of the Tokyo Stock Exchange. The Nikkei Stock Average was first published on May 16, 1949, where the average price was ¥176.21 with a divisor of 225. 

Nikkei 225 (NKY INDEX)

EQD: Weekly Nikkei Volatility Update (Jan 24th – Jan 31st)

Nikkei implied volatility spiked and reverted as NKY index stabilized quickly after the technology sell-off. Nikkei 1M volatility is slowly going...

Vantage Capital Markets Japan

EQD | Nikkei Index Options Weekly (January 20 – 24): Looking for an Assist

Nikkei reaches top of price range with 3.85% gain, potential for limited gains without currency boost. Implied vols soften due to low realized...

John Ley

EQD: Nikkei Dividends Update (Jan 17th – Jan 24th)

NKY dividends steepened sharply last week on Nikkei’s upside move. Low volumes mostly concentrated on 2025 tenor. Strong...

Vantage Capital Markets Japan

EQD: Weekly Nikkei Volatility Update (Jan 17th – Jan 24th)

Nikkei implied volatility went down on interest rates’ BOJ announcement in line with expectations. Nikkei Historical-Implied volatility spread...

Vantage Capital Markets Japan

Overview #42 – What a Difference a Day Makes!

A review of recent events/data impacting our investment themes and outlook. Fed rate cuts, Japan spending and Lithium upgrades

Rikki Malik

EQD: Weekly Nikkei Volatility Update (Jan 24th – Jan 31st)

Nikkei implied volatility spiked and reverted as NKY index stabilized quickly after the technology sell-off. Nikkei 1M volatility is slowly going...

Vantage Capital Markets Japan

EQD | Nikkei Index Options Weekly (January 20 – 24): Looking for an Assist

​Nikkei reaches top of price range with 3.85% gain, potential for limited gains without currency boost. Implied vols soften due to low realized...

John Ley

EQD: Nikkei Dividends Update (Jan 17th – Jan 24th)

NKY dividends steepened sharply last week on Nikkei’s upside move. Low volumes mostly concentrated on 2025 tenor. Strong...

Vantage Capital Markets Japan

EQD: Weekly Nikkei Volatility Update (Jan 17th – Jan 24th)

Nikkei implied volatility went down on interest rates’ BOJ announcement in line with expectations. Nikkei Historical-Implied volatility spread...

Vantage Capital Markets Japan

Overview #42 – What a Difference a Day Makes!

A review of recent events/data impacting our investment themes and outlook. Fed rate cuts, Japan spending and Lithium upgrades

Rikki Malik

Nikkei reaches top of price range with 3.85% gain, potential for limited gains without currency boost. Implied vols soften due to low realized...