EQUITY BULLETIN

March 2017In this issue.....

EQUITYDash Alerts on Fund Managers Filing

Updates DASH

EQUITY DERIVATIVES

FIRST News for Equity Derivatives FIRS

Optimizer for basket option and structured products - XLTP XOBO

RESEARCH MANAGEMENT SOLUTIONS

Advertise your skill in alpha capture BIO

Make your internal content visible within  your firm NOTE

 

Spotlight on Option VolumeBloomberg's Option Volume Increase monitor is now real time, allowing for more accurate analysis of option trading. The function is a simple way to identify which OVIcompanies, indexes or ETFS are seeing significant option volume, which is often an indication of sentiment or volatility in the underlying. The new real time release means the current volume and the average are now comparable, resulting in the most accurate and insightful view on the chosen list of securities.

How do you use it?

Run the function to see the underlyings with the largest increases in option OVItrading.

Use the settings, found at the top of the screen, to customise the data.

Most notable are the source of securities and the minimum volume fields. The latter ensures all relevant names are included, whilst illiquid underlyings are removed.

Choose if the average volume is based on the current time or end of day

When a company of interest is identified, click on the ticker to load relevant functions, for example to identify which contracts are seeing the most demandOMST

Examples

Use Functions For the Market (FFM) Case Studies to view ESG data usage examples:  

Campbell Soup May Be Coming Off the Boil, Options Trading Shows NSN O2OJ586JTSE8

Using Equity Derivatives to Track Activity in Italian Banks NSN NKMAOR6KLVR4

 

>>>>> EQUITY CASHDash Alerts on Fund Managers Filing Updates  

Dash Alerts on Fund Managers Filing Updates DASH

DASH EQ has been enhanced to generate alerts on fund manager filings, so you can quickly identify portfolio managers’ new buys and latest sell-offs. In order to see this, run and in the red tool bar choose “99) Settings”, then click “User Settings”, and be DASH EQ sure to have checked “Subscribe to fund filing alerts.”

Equity sales & trading professionals and research analysts can be alerted to recent fund filing updates and see recent investment activity for the portfolio managers in their .It allows them  to better understand their clients’ activity and better position their DASH EQresearch product offering.

You can also run to see the most recent fund filing updates.NI DASHFUND

>>>>> EQUITY DERIVATIVESFIRST News for Equity Derivatives FIRS

Optimizer for basket option and structured products - XLTP XOBO

FIRST News for Equity Derivatives FIRS

FIRS displays Bloomberg First Word stories from BLOOMBERG NEWS® (monitored in real-time). First Word stories provide insight on the equity (U.S., European, and/or Asian), fixed income (credit and rates), currencies, and oil markets. Stories are summarized into bullet points for quick reading and include updates on press releases, important media reports, analyst ratings, and other key developments, so you can stay on top of the news of the moment.

Type to open the news wire. Type “Equity Derivatives” into the amber search field and pick the topic “Options” and confirm FIRS<GO>. The news wire will now feed you trade recommendations by volatility strategists of banks as well as volume and price relevant information about exchange traded products.

When wanting to use this in your launchpad, simply type LLP<GO> into the monitor and a launchpad-window will be created for you.

Optimizer for Basket Option – XLTP XOBO

XLTP offers various MS Excel based templates to Bloomberg users. One such newly built template called offers the user to XOBO price all iterations of a product for all possible baskets among a list of underlyings.For example, if you want to find the cheapest Phoenix on a worst of basket of 3 stocks and you have an initial universe of 7 stocks, you can follow the following steps:

1. Type and click “open” to download the spreadsheet onto your computer. You can now save it locally and access it. XLTP XOBO

2. Fill all the parameters on the sheet:- Select 3 as the Basket Size and Phoenix as the Product Type - Enter the parameters of the Phoenix in the Deal Variables section, in this case, we chose to price a 5 years Phoenix in EUR with a 60% Coupon barrier as well as knock in level and a coupon pa of 10% with a yearly callability- List your 7 stocks on the Candidates ColumnSo it looks like the screen below

3.Click on the button and you will see the Valuation Progress bar updating while the sheet is first structuring the deals and Optimizethen pricing them using the Derivatives Library.DLIB

.The results appear in the left section and you will see what are the optimal baskets. Here, the combination SBRY LN Equity, TEF SM 4Equity and NOKIA FH Equity minimizes the price of the Phoenix Structure.  

5.You can also choose to save the best ranked product, in this example choosing Yes for the first ranked product and hitting save will generate a Deal ID.  

6. Clicking on this deal ID will bring a    pop up window to analyse the product in more details. DLIB

>>>>> RESEARCH MANAGEMENT SOLUTIONSAdvertise your skill in alpha capture BIO

Make your internal content visible within  your firm NOTE

Advertise your skill in alpha capture  BIO

BIO now allows equity salespeople to add "trade ideas/alpha capture" to their Bloomberg profile as an area of focus.

This helps advertise your skill and interest in contributing trade ideas to systematic funds that pay for alpha-generating trade ideas over alpha capture systems including . TMSG

A common need for systematic funds with alpha capture strategies, including Squarepoint Capital, is a searchable directory of trade idea contributors.

Adding “trade ideas/alpha capture” as an area of interest is our first step in helping trade idea consumers and authors discover each other.

Here’s how to update your profile. Run and click on the pencil icon to the left of Focus. BIO

Then type in “Trade ideas” or “Alpha Capture” into the amber field where it says “Add Focus”. You can of course add other interests or areas of focus too – e.g. “Technical Analysis”, “Europe” etc.

Now, the focus section of your should reflect your skills, interests.BIO

The search allows funds discover and contact trade ideas contributors by entering “Trade Ideas / Alpha Capture” as a search PEOPterm in the area of focus.

Alternatively, you can also search by clicking on the area of focus in BIO to drill down to others that share the same interest / specialism.

Make your internal content visible within your firm NOTE

Now you can upload internal content from Word into    without disrupting your workflow. NOTE

 allows you to centralize all your internal content in one system so nothing gets overlooked.NOTE

Any type of internal content, in any format, such as meeting notes, internal research or any commentary can now be easily upload into at a click of a button. NOTE

allows users to archive and tag content to specific securities or topics for easy discovery. NOTE

The below screenshot is an example of a typical research template written in word.  When you open a Word document you will see the Bloomberg add-in tab with the “Create Note” icon.

Once you click on the “Create Note” icon, a pane on the right hand-side will open. This where you can select the community of people with whom you would like to share the content, tag the document to a security and link it to market data (as seen below).

Click on the “Upload” button located on the top right corner. A preview window will open, once you are satisfy with the content of your document, click “Upload” once again and the data will automatically go straight to the your   hub and be shared with your NOTEcommunities. See example.  

  You can view and manage all of your notes and communites on the  page on the Bloomberg terminal.  NOTE