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.

Macroeconomics

<ul><li>Japanese Equities down 9.77% vs. World -2.81% and US -5.21%.</li><li>Japan Sectors: Nonferrous Metal down 20.0%, Oil &amp; Coal Products -17.89%, Banks 22.29%</li><li>JPY 10Y Rates down 40bps, ITRAXX Japan 5Y going up 9.64pt at 65.80</li></ul>

Japanese Equities down 9.77% vs. World -2.81% and US -5.21%.Japan Sectors: Nonferrous Metal down 20.0%, Oil &amp; Coal Products -17.89%, Banks 22.29%JPY 10Y Rates down 40bps, ITRAXX Japan 5Y going up 9.64pt at 65.80

Weekly Macroeconomic Report (April 4th, 2025)

Derivatives and Quantitative Strategist

Gaudenz Schneider

<ul>
<li>
India: RBI rate decision on 9 April, 0.25% cut expected.</li>
<li>
CPI Release: Several economies release CPI data next week, while central banks update their forecasts and scenarios with the recently released US tariffs.</li>
<li>
Monthly Option Expiries: in India (BSE Stock options), Japan (Nikkei, Topix, Stocks), and South Korea (Kospi 200). The BSE moved the expiry one day forward due to a holiday.</li>
</ul>



India: RBI rate decision on 9 April, 0.25% cut expected.

CPI Release: Several economies release CPI data next week, while central banks update their forecasts and scenarios with the recently released US tariffs.

Monthly Option Expiries: in India (BSE Stock options), Japan (Nikkei, Topix, Stocks), and South Korea (Kospi 200). The BSE moved the expiry one day forward due to a holiday.


Market Movers: Key Dates at a Glance (7 - 13 April)

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

Rikki Malik

Cross Asset Strategy

<ul>
<li>That “Oh sh#t moment” has just struck many investors in US markets</li>
<li>Within Hong Kong , Tech most at risk as investors take profit</li>
<li>Our alternative sector selection  has performed both absolutely and in relative terms</li>
</ul>


That “Oh sh#t moment” has just struck many investors in US markets
Within Hong Kong , Tech most at risk as investors take profit
Our alternative sector selection  has performed both absolutely and in relative terms


Investors Have that “Oh Sh#t Moment” - Part 1:  Hong Kong Strategy

<ul>
<li>Japanese Equities down 6.3% vs. World -1.61% and US -2.49%. Chinese Equities almost unchanged while Korea and Taiwan down around 4.5%.</li>
<li>Japan Sectors: Nonferrous Metal down 12.22%, Oil &amp; Coal -9.49%, Banks -7.93% </li>
<li>JPY 5Y Rates down 8bps, ITRAXX Japan 5Y going up 2.37pt at 57.37</li>
</ul>


Japanese Equities down 6.3% vs. World -1.61% and US -2.49%. Chinese Equities almost unchanged while Korea and Taiwan down around 4.5%.
Japan Sectors: Nonferrous Metal down 12.22%, Oil &amp; Coal -9.49%, Banks -7.93% 
JPY 5Y Rates down 8bps, ITRAXX Japan 5Y going up 2.37pt at 57.37


Weekly Macroeconomic Report (April 2nd , 2025)

<ul>
<li>
Central Bank Rate Decisions in Australia, India, and South Korea.</li>
<li>
Tariffs: US reciprocal tariffs effective from 2 April; secondary tariffs are now a factor.</li>
<li>
Holidays: Good Friday is an exchange holiday in Hong Kong, Australia, India, and the US. Several other national holidays throughout the region.</li>
</ul>



Central Bank Rate Decisions in Australia, India, and South Korea.

Tariffs: US reciprocal tariffs effective from 2 April; secondary tariffs are now a factor.

Holidays: Good Friday is an exchange holiday in Hong Kong, Australia, India, and the US. Several other national holidays throughout the region.


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)

Weekly Macroeconomic Report (April 4th, 2025)

Japanese Equities down 9.77% vs. World -2.81% and US -5.21%. Japan Sectors: Nonferrous Metal down 20.0%, Oil & Coal Products -17.89%, Banks 22.29%

Vantage Capital Markets Japan

Market Movers: Key Dates at a Glance (7 - 13 April)

RBI expected to cut rates in India, CPI data and option expiries in focus for several economies next week. Exchange holiday in India.

Gaudenz Schneider

Investors Have that “Oh Sh#t Moment” - Part 1: Hong Kong Strategy

Investors in US markets face a sudden realization, with Hong Kong Tech most vulnerable as profit-taking occurs. Our alternative sector selection...

Rikki Malik

Weekly Macroeconomic Report (April 2nd , 2025)

Japanese Equities down 6.3% vs. World -1.61% and US -2.49%. Chinese Equities almost unchanged while Korea and Taiwan down around 4.5%. Japan...

Vantage Capital Markets Japan

The Month Ahead: Key Events in April

Central banks in Australia, India, and South Korea make rate decisions; US implements reciprocal tariffs on April 2; Good Friday holiday in Hong...

Gaudenz Schneider

Weekly Macroeconomic Report (April 4th, 2025)

Japanese Equities down 9.77% vs. World -2.81% and US -5.21%. Japan Sectors: Nonferrous Metal down 20.0%, Oil & Coal Products -17.89%, Banks 22.29%

Vantage Capital Markets Japan

Market Movers: Key Dates at a Glance (7 - 13 April)

​RBI expected to cut rates in India, CPI data and option expiries in focus for several economies next week. Exchange holiday in India.

Gaudenz Schneider

Investors Have that “Oh Sh#t Moment” - Part 1: Hong Kong Strategy

​Investors in US markets face a sudden realization, with Hong Kong Tech most vulnerable as profit-taking occurs. Our alternative sector selection...

Rikki Malik

Weekly Macroeconomic Report (April 2nd , 2025)

Japanese Equities down 6.3% vs. World -1.61% and US -2.49%. Chinese Equities almost unchanged while Korea and Taiwan down around 4.5%. Japan...

Vantage Capital Markets Japan

The Month Ahead: Key Events in April

​Central banks in Australia, India, and South Korea make rate decisions; US implements reciprocal tariffs on April 2; Good Friday holiday in Hong...

Gaudenz Schneider

RBI expected to cut rates in India, CPI data and option expiries in focus for several economies next week. Exchange holiday in India.

Investors in US markets face a sudden realization, with Hong Kong Tech most vulnerable as profit-taking occurs. Our alternative sector selection...

Central banks in Australia, India, and South Korea make rate decisions; US implements reciprocal tariffs on April 2; Good Friday holiday in Hong...