HKEx introduces new market access products

The Stock Exchange of Hong Kong listed six zero-strike derivative warrants on non-Hong Kong underlying assets on January 30.

These market access products are cash-settled structured products issued by ABN Amro. The warrants have an exercise price of (close to) zero, and will track the underlying stock price with no leverage.

“Market access products allow investors to gain leveraged or non-leveraged exposure to a great variety of non-HK underlying assets,” said Eric Yip, HKEx's head of cash market in Hong Kong. He added that the market access products may be leveraged, depending on the structure of the product.

The warrants track the Nikkei 225 Index, Kospi 200 Index, Kuala Lumpur Composite Index, Set 50 Index, Nasdaq 100 Index and gold prices.

The exchange currently lists 39 higher strike derivative warrants.

The new products follow a December announcement that the exchange would facilitate a wider range of market access products.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Most read articles loading...

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 individual account here