U.K. Stock Traders See Rebound as Economy Optimism Trumps Greece
The atrium of the London Stock Exchange
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
With Greek talks dragging down most of Europe’s stock markets, investors have increasingly seen the U.K. as a haven.
Options traders are paying the least ever to hedge against swings in the FTSE 100 Index relative to euro-area shares. While the Greek impasse has helped push U.K. shares to a five-month low this week, investors are preparing for a rebound. An exchange-traded fund tracking the equities received $483 million last week, the most in two years.