Volatility and Trading Survey

Financial News is conducting a brief survey of senior figures at European asset managers, banks and brokers who are responsible for trading and strategic asset allocation to gauge their views on volatility and liquidity in the equities, fixed income and foreign exchange markets.

The results will be collated on September 18, 2014. Financial News will then publish a series of features based on the overall answers.


If you would like to get a free copy of the survey results or contribute to editorial accompanying the survey, please add your contact details at the end of the questionnaire. If you are a UK resident, you can also be entered for a prize draw to win an iPad mini (NB this information will not be used for any other purpose).

The following questionnaire should take no more than a few minutes to complete. The survey is in two parts - a general section for everyone and a specialist section based on your job.

Thank you so much for your time.

Darren Lazarus
Executive Editor, Special Reports
Financial News

* 1. Which market do you specialise in? Please select one

* 2. What is your outlook for your business over the next 12 months? Please score where -2 is very bearish, 0 is neutral and 2 is very bullish

* 3. Do you believe we have entered a new era of financial stability?

* 4. Do you believe that central banks' extraordinary measures, including quantitative easing, have led to investor complacency in the following markets?

  Yes No Don't know
Fixed income
Foreign Exchange

* 5. Are market ratings so high that a crash is inevitable in the following 18 months?

* 6. Are you worried that the following events will cause a market crash in your specialist market in the following 12 months? Please score between 0-3, where 0 = not at all concerned, 3=very concerned

  0 1 2 3
Withdrawal of quantitative easing
Rising interest rates
Major correction/bursting of asset bubbles
Economic slowdown
Geopolitical events

* 7. When should the following central banks raise interest rates? Please select one

  Immediately Less than 6 months 6-12 months 1-2 years 2-3 years More than 3 years Don't know
Bank of England
Federal Reserve
European Central Bank
Bank of Japan

* 8. What impact have the following had on reducing volatility in the markets? Please score between 0-3, where 0= no impact, 3=significant impact

  0 1 2 3
Central banks
Post-crisis regulations
Economic cycle
Efficient markets
Electronic trading
Investor caution

* 9. When do you believe volatility will return to more 'normal' levels in the market you specialise in? Please select one

* 10. To what extent are you concerned by a sustained period of low volatility in your specialised market? Please score between 0-3, where 0=not at all and 3=very concerned

* 11. To what extent do volatility benchmarks currently reflect market volatility? Please select one

* 12. Please select one of the options to best describe your job title
(You may be asked a series of specialist questions based on your job)