Derivatives
Our expert derivatives practice covers all areas of over-the-counter (OTC) and on-exchange derivatives, with particular emphasis on:
- Equity-linked structured derivatives products, with particular experience of drafting, negotiating and advising on ISDA and other standard documentation for traded OTC equity derivatives (particularly equity CFDs)
- Credit-linked structured derivatives products, advising both protection sellers and buyers on documenting credit default transactions (whether by means of single name credit default swaps, credit default swaps on credit linked notes, credit linked notes and loans, and credit default transactions entered into using repacking vehicles)
- Interest rate derivatives, with experience of assisting corporate clients' treasury departments in preparing and negotiating interest rate derivatives with banks
- FX derivatives, advising on FX trading documentation and finance-linked FX derivatives
- The hedging of all types of financial transactions, including interest rate exposures arising in the context of loans and other financings
- Commodity, energy and weather (including cross-border experience) derivatives
- Exchange-traded futures and options
We also advise on other commodity-derivatives, particularly in non-ferrous, base metals and precious metals - including the hedging of commodity and bullion price exposures in the context of project, structured trade and other financings.
Our clients include producers, users, wholesale traders, banks, investment firms, exchanges, and trade associations in relation to derivatives matters.
We are pre-eminent in energy trading, due to our unique combination of expertise in energy physical markets and infrastructure, and financial derivatives. We also have invaluable experience of working closely on power and gas market liberalisation.