Maxwell Grinacoff

Maxwell Grinacoff, Head of US Equity Derivatives Research at UBS, shares invaluable insights into the current dynamics of equity derivatives. He explains how AI concentration has driven low SPX correlation despite high single-stock volatility. They delve into the rise of derivative-based ETFs and retail trading, revealing how these trends are reshaping market flows. Grinacoff also discusses strategic trades, including a compelling bet on Nasdaq volatility over S&P, and the significant implications of structured products in today's market.