Banks tout new structures amid Korean autocall resurgence

Modified structured products still popular as banks learn lessons of China crash

Two years on from China's Black Monday stock market crash in September 2015, which caused millions of dollars of hedging losses in dealers’ Korean structured products books, autocallables are experiencing a resurgence.

Banks say they have learned the lessons of the downturn. The products now come with more diversified underlyings to mimimise hedge overcrowding, as well as additional barriers that allow them to knock out during periods when markets are falling.

“The changes focus on tweaking

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

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