UBS has rolled out two retail equity-linked structured products in Hong Kong which offer shorter callable dates. Using a decreasing strike call, which increases the chance of early redemption with potential payouts every two months, the Vera-Eli Series 2 and 3 are linked to two Hong Kong stocks.
After the first four months, a payout is made every two months linked to the number of days the worst-performing share is above its initial price. If that share is above a designated level on the call
The week on Risk.net, July 7-13, 2018Receive this by email