The lure of liquidity

Cover Story

Structured products, either inherently or by virtue of the secondary market, are undergoing a transformation. They are becoming actively managed. One way of achieving active management is by altering the underlying derivatives strategy of a product. The other, arguably more consequential, method is by trading products on the secondary market. Active management via the secondary market bestows upon structured products an attribute all retail investors crave - liquidity.

"Liquidity is indispensable

To continue reading...

You need to sign in to use this feature. If you don’t have a 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: