Executive Summary
This report provides detailed information from European-based investors investing in equity derivatives, including helpful benchmark data such as:
● Product usage
● Important selection criteria
● Concentration of business
● Notional trading value
Graphic slides include:
- Option & Volatility Product Usage
- Delta One Product Usage
- Concentration of Options and Volatility Product Business
- Most Important Selection Criteria for Options Trading
- Importance of Broker’s Cash Equity Ranking in Determining Options Trading Allocation
- Range of Execution Commissions Paid on Equity Options Trades – Past 12 Months
- Range of Notional Value Traded in Single-Stock Options – Past 12 Months
- Range of Notional Value Traded in Index Options – Past 12 Months
- Requirement of Brokers to Commit Capital for Options Trading
- Proportion of Options Contract Trading Volume Done via Exchange-Traded Contracts vs. OTC Trades
- Most Important Selection Criteria for Options Electronic Trading
- Range of Notional Value Traded in Equity Swaps – Past 12 Months
- Proportion of Overall Equity Swaps Done via Index Swaps vs. Single-Stock Swaps
- Most Important Selection Criteria for Equity Swaps Trading
- Concentration of ETF Commission Business
- Range of Commission Spend on ETFs – Past 12 Months
- Most Important Selection Criteria for ETF Trades
- Concentration of Futures Commission Business
- Range of Commission Spend on Futures Trades – Past 12 Months
- Preferred Sales Coverage Structure Across Products/Asset Classes
- Range of Structured OTC Equity/Securitized Products – Past 12 Months
Research is based on in-person and telephone interviews with 181 respondents between May and June, 2015. The data in this report is based upon aggregated results from individuals participating in the study.
Buy-side institutional investors were asked to provide quantitative and qualitative evaluations of the broker-dealers they use as well as detailed information on important market trends.