Equity Derivatives allow market professionals to trade the volatility and the dividends of an underlying share or equity index. This is commonly done by buying or selling options or combinations of options against the cash or futures of the underlying product, the vast majority of which are typically traded on the exchange of the relevant country.
Alternatively, market counterparties can also trade such products against each other on an Over-The-Counter (OTC) or off-exchange basis. ICAP acts as an interdealer broker for both listed and OTC equity derivatives. With teams in London, New York, Tokyo, Hong Kong, Singapore and Johannesburg holding connections to major exchanges, ICAP is well placed to provide leadership service in equity derivatives.
