Critical mass on derivatives markets

Exane Derivatives has built a robust structured products franchise, based on its longstanding leadership in European convertible bonds and options.
The 230-strong derivatives teams have European offices in Paris, Geneva, Milan and a new Asian subsidiary in Singapore.

Strength built on a unique positioning
Exane Derivatives has used its mature issuance platform for structured products to create a large range of products (vanilla and exotic) tailored to fit various investor profiles: mutual funds, private bankers, retail distribution networks, etc. A specific value-added chain has been created for institutional investors (pension funds, insurance, etc.) Exane Derivatives has offered independent wealth consultants an exclusive range of products with fixed annual coupons for the past five years.

The so-called Mix, a core strength of the derivatives business, marries the fundamental convictions and product expertise of Exane's teams. This original positioning enables Exane Derivatives to propose innovative products created from research in asset allocation, economics, strategy and equity and derivatives. The many Thomson Reuters and Thomson Extel-Agefi awards won in 2008 highlights just how much clients appreciate the Derivatives research teams.

Exane Derivatives has continued to grow over the past years despite tougher market conditions. Strong market volatility boosted listed products (options and convertible bonds) while trading and market making remained lucrative thanks to strict risk control.