Autocall hedging set to push Euro Stoxx volatility higher

Rising index likely to trigger increased volatility, say dealers

Banks braced for volatility after Euro Stoxx rally
Banks are braced for volatility after a rally in the European benchmark index

After being range bound since January 2016, the Euro Stoxx 50 index finally broke out at the end of last year. While some bank equity traders may welcome the influx of new interest from clients,