In a first for the Hong Kong warrants market, JP Morgan has issued two derivative warrants linked to S&P 500 on the Hong Kong Stock Exchange, allowing investors to get exposure to the US market during local trading hours.
In an interview with SRP, Cedric Cheung (pictured) , head of listed structured products sales for Asia at JP Morgan, detailed the move and the bank’s next strategy in the warrants market. The US bank has initiated a plan to introduce at least 15 derivative warrants tied to the S&P 500 and Nasdaq 100 indices by the end of the year, including four Nasdaq 100 warrants launched and listed in the past week, in an effort to capture the US markets’ strong volatility throughout th
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