Challenges ahead for access derivatives in Asian markets

Gateway to Asia

gateway-to-asia

Participatory notes, more commonly know as p-notes, and other access derivatives instruments, such as swaps, have come in for a fair amount of scrutiny by regulators during the past five years. These over-the-counter instruments are highly lucrative for international dealers with onshore licences in restricted markets, which issue delta one notes giving investors exposure to capital gains and dividends. Swaps are also a popular way to access onshore markets, particularly with hedge funds, where

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: