Asia Pacific News

Volatility bets dominate Apac FX trades

Asia Pacific | Products

19 Jul 2019 by Jihye Hwang

Playing on market volatility – either a spike or a range in the implied vol – has become a norm for products linked to the equity markets with foreign exchange embracing the trend as markets go sideways.

CMBC: End of the ‘implicit guarantee’ will help structured deposit uptake in China

Asia Pacific | Products

16 Jul 2019 by Jihye Hwang

Chongfeng Ran (pictured), head of structured product of financial market department at China Minsheng Bank (CMBC), tells SRP about the bank’s views on the structured products market in China and its plans to differentiate its wealth management offering.

South Korea improves options trading for Kospi 200

Asia Pacific | Regulations & Legal

15 Jul 2019 by Jihye Hwang

South Korea is set to launch Kospi 200 options with a maturity of one week in September that will make it easier for issuers to manage their autocallable books.

SocGen expands DLC lineup as demand picks up

Asia Pacific | Products

11 Jul 2019 by Jihye Hwang

The French bank has launched a new batch of single stock daily leverage certificates (DLCs) in Singapore as market activity gathered pace in recent months.

South Korean firms capitalise on quanto, decrement indices

Asia Pacific | Indices

10 Jul 2019 by Jihye Hwang

South Korea is revamping its investment banking rules to include strategy indices in its structured products public distribution market as new quanto and decrement indices make first foray in the market.

Q&A: Product diversity will widen under wealth management units - PingAn Bank

Asia Pacific | Industry

09 Jul 2019 by Jihye Hwang

Regulation is expected to be further tightened in China, but product diversity will be promoted by banks that get the greenlight from the Chinese government to set up wealth management subsidiaries, according to Angel Xin (pictured), head of derivatives and alternative investments at PingAn Bank.

Sentiment about structured products in China improves, but shadow banking remains a ‘systemic risk’

Asia Pacific | Industry

08 Jul 2019 by Jihye Hwang

The regulatory pressure on the shadow lending industry in China is easing and could play in the hands of the structured products market but remains a 'systemic risk' for the domestic market, according to Alicia Garcia Herrero (pictured), chief Asia Pacific economist at Natixis.

Lowering the cost of hedging to decrease open interest

Asia Pacific | Industry

07 Jul 2019 by Jihye Hwang

The proprietary trading firm and market maker for exchange-listed products expects a ‘few other’ derivatives exchanges in Asia to offer portfolio compression services ‘in the near future’

New SFC rules will create a level-playing field for online, offline distributors

Asia Pacific | Regulations & Legal

04 Jul 2019 by Jihye Hwang

A new set of rules introduced by Hong Kong’s Securities and Futures Commission (SFC) on complex products will take effect this weekend. The new guidelines come into effect after a three-month extension from the initial implementation date.