FX Poll 1997: Options

FX Poll 1997: Taken aback by a leap forward

FX Poll 1997: Taken aback by a leap forward

97 96 Bank Score
Vanilla option
1 7 Deutsche Morgan Grenfell 59
2 2 Citibank 50
3 1 Chase 45
4 4 SBC Warburg 43
5 3 HSBC Midland 29
6= – Merrill Lynch 21
6= – Standard Chartered 21
8 – Union Bank of Switzerland 19
9 – Goldman Sachs 17
10= – First Chicago 14
10= 6 JP Morgan 14
10= 5 NatWest 14
Multi-option
1 1 Chase 46
2 2 Citibank 44
3 – Deutsche Morgan Grenfell 41
4 3 SBC Warburg 33
5 5 HSBC Midland 18
6 6= JP Morgan 17
7= 10 Goldman Sachs 16
7= – Union Bank of Switzerland 16
9 – Merrill Lynch 11
10= – First Chicago 9
10= – Standard Chartered 9
Exotic option
1 – Deutsche Morgan Grenfell 41
2 1 Chase 40
3 2 SBC Warburg 38
4 3 Citibank 35
5 – Goldman Sachs 23
6= 5 HSBC Midland 17
6= 10= JP Morgan 17
8 4 NatWest 15
9 6 Merrill Lynch 12
10 – Credit Suisse First Boston 9
1 7 Deutsche Morgan Grenfell 59
2 2 Citibank 50
3 1 Chase 45
4 4 SBC Warburg 43
5 3 HSBC Midland 29
6= – Merrill Lynch 21
6= – Standard Chartered 21
8 – Union Bank of Switzerland 19
9 – Goldman Sachs 17
10= – First Chicago 14
10= 6 JP Morgan 14
10= 5 NatWest 14
Multi-option
1 1 Chase 46
2 2 Citibank 44
3 – Deutsche Morgan Grenfell 41
4 3 SBC Warburg 33
5 5 HSBC Midland 18
6 6= JP Morgan 17
7= 10 Goldman Sachs 16
7= – Union Bank of Switzerland 16
9 – Merrill Lynch 11
10= – First Chicago 9
10= – Standard Chartered 9
Exotic option
1 – Deutsche Morgan Grenfell 41
2 1 Chase 40
3 2 SBC Warburg 38
4 3 Citibank 35
5 – Goldman Sachs 23
6= 5 HSBC Midland 17
6= 10= JP Morgan 17
8 4 NatWest 15
9 6 Merrill Lynch 12
10 – Credit Suisse First Boston 9
1 7 Deutsche Morgan Grenfell 59
2 2 Citibank 50
3 1 Chase 45
4 4 SBC Warburg 43
5 3 HSBC Midland 29
6= – Merrill Lynch 21
6= – Standard Chartered 21
8 – Union Bank of Switzerland 19
9 – Goldman Sachs 17
10= – First Chicago 14
10= 6 JP Morgan 14
10= 5 NatWest 14
Multi-option
1 1 Chase 46
2 2 Citibank 44
3 – Deutsche Morgan Grenfell 41
4 3 SBC Warburg 33
5 5 HSBC Midland 18
6 6= JP Morgan 17
7= 10 Goldman Sachs 16
7= – Union Bank of Switzerland 16
9 – Merrill Lynch 11
10= – First Chicago 9
10= – Standard Chartered 9
Exotic option
1 – Deutsche Morgan Grenfell 41
2 1 Chase 40
3 2 SBC Warburg 38
4 3 Citibank 35
5 – Goldman Sachs 23
6= 5 HSBC Midland 17
6= 10= JP Morgan 17
8 4 NatWest 15
9 6 Merrill Lynch 12
10 – Credit Suisse First Boston 9

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