SG Corporate & Investment Banking today announced that it is setting up an Italian derivatives institutional sales platform that brings together its equity and interest rates and credit derivatives capabilities. David Armstrong, previously head of the equity derivatives institutional sales team, will head the newly formed group. The Milan-based, 20-member team will provide Italian financial institutions, such as institutional investors and hedge funds, an array of derivatives products including credit derivatives and credit structured products, interest rate derivatives and interest rate structured products, structured products on equities and indices, structured products on alternative investments, warrants and exchange traded funds, and vanilla options on equities and indices.
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