In the second of a two-part interview, Nicky Maan (pictured), chief executive at Spectrum platform, talks about the difference between turbos and other non-regulated instruments such as CfDs and binary options, and why the firm is focused on developing a full range of single stock equity turbos.
The five largest banks in Portugal reported aggregate profits of €983.1m for the first nine months of 2019, a decrease of €405.4m compared to the same period in 2018.
Launched in mid-August, Spectrum’s 24/5 turbo warrant trading platform reported in early November 1.7 million transactions across over 400 turbo24 products on indices, currencies and commodities, with volumes increasing by over 50% week-on-week.
The bank has distributed green or social bonds from BNP Paribas, Natixis and Sociéte Générale in Belgium this year.
Outstanding assets for capital-protected funds in Belgium have reached their lowest levels in the last 10 years.
The Swiss structured products provider has launched two new products linked to companies benefiting from the high consumer willingness to spend during the festive season.
The Dutch bank provides rollover opportunities for both defensive and bullish investors with two UBS autocalls.
Twenty-one structured products with combined sales of approximately €164m struck in Spain during October; another 12 products which sold €577m at inception matured during the period.
“One of our key milestone in 2018 was setting up the European operations for our index business, SGX Index Edge, an important step for us to deliver on the variety of indices that are demanded by issuers in the EU marketplace,” SGX’s head of indexes, Simon Karaban (pictured), told SRP at the Europe event in January 2019.