Low volatility boosts discrete knock-out sales Asia-wide

Target redemption forwards declining in popularity for macro reasons

target343
Target redemption forwards in decline

While discrete knock-out forwards have been in demand in Taiwan as a result of a regulator crackdown on target redemption forwards (Tarfs), foreign exchange dealers are also reporting a shift by Asian clients outside of Taiwan to discrete knock-out forwards due to continuing low volatility.

Tarf products have been a popular way for investors in Hong Kong, Singapore and Taiwan to gain enhanced yield by expressing a view on the movement of currency pairs. Currencies that have been popular due to

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.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

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: