The Taipei-based securities house looks to provide a hedging tool for retail investors via the new offering, while eyeing the distribution of crypto ETF-linked structured notes following the first trade.
KGI Securities has started issuing over the counter (OTC) equity options, making it Taiwan’s first domestic firm to tap into such business in a bid to serve as a hedging tool for retail investors’ portfolios, according to the securities house. Investors in Taiwan trade a lot of US stocks and US stock-linked structured notes, and lots of these products are long only - Jeffrey Juan The first trade was an at-the-money (ATM) put option on Nvidia traded on 11 November with a thr