In a new survey by Risk.Net, almost two-thirds of respondents believe they’ll make more money from their derivatives trading next year.?
This can be broken down with 64 percent?of respondents (123 people) having the expectation to make more money as compared to 36 percent who think they’ll make less money in 2013.
The responses come amid concerns about 2013’s new regulations and the ongoing eurozone programs, according to a Wednesday story. But 2012 brought its own set of challenges.?
Some of these included new OTC clearing and trading rules,?higher capital requirements in Europe thanks to Basel 2.5 as well as the expected rollout of Basel III, and the ensuing changes for businesses such as UBS who recently announced 10,000 job cuts in their fixed income area.?
Factor in events that affected the markets globally such as Greece’s default, Italy’s downgrade and bank rating cuts, 2012 hasn’t been great.?
The optimism is nice to see.