The Bullish Implications of a Doubling in Bearish Brexit Hedging

By
Lu Wang
  • Bank of America’s Skew Index surges as U.K. prepares to vote
  • Cautious stance means limited downside should ‘leave’ prevail

If Britain Votes Leave, What Happens Next?

The price of protection is skyrocketing across financial markets ahead of tomorrow’s U.K. referendum, a signal to one researcher that the market fallout will be muted.

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