SG, the investment banking arm of French bank Société Générale, has launched warrants on the US dollar/yen and euro/US dollar currencies on the London Stock Exchange’s warrants market. SG said it also plans to launch warrants on the Japanese Nikkei 225 stock index.“Warrants based on the Nikkei enable investors to quickly diversify their investments to major international indexes without the need for a foreign currency account or incurring the costs of an international investment fund,” said David Lake, SG’s London-based director of UK warrants.
SG already offers contracts on sterling against the US dollar and the euro.
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