In Asia, the Australian dollar against the US dollar topped the league table as the most-used FX rate underlying in Q2. Meanwhile, the issuance of structured deposits tracking the FX rates in China boomed.
With the listing on Friday, the French bank's range includes over 20 derivative warrants tracking Magnificent Seven stocks as well as Advanced Micro Devices (AMD).
Year-to-date, the Hong Kong-based company has seen approximately US$1.5 billion in structured note notional traded on its multi-issuer platform. OCBC became the 16th issuer to quote on the platform.
The issuance of derivative warrants (DWs) and callable bull/bear contracts (CBBCs) recovered in May with blue-chip tech and banking stocks driving most of the underlying assets trading activity.
Unit-linked insurance policies, index-linked insurance and annuity products cannot be advertised as ‘investment products’, according to the India’s insurance regulator.
The Swiss bank was recognised with the Best House, Hong Kong accolade for its contribution to the development of the Apac market with its automated service platform and recently expanded offering.
Korea’s autocallable sales continue to show signs of recovery after they recorded a two-month increase in a row. Shinhan Investment leads sales; the Kospi 200 took over the Eurostoxx 50.
The French bank was recognised with the Best House, Taiwan accolade for its contribution to the domestic structured notes market which included the launch of the first credit-linked green notes in the country and the pilot of equity-structured green bonds.
Despite a drop in issuance, FX rates led by XAU/USD, EUR/USD, and AUD/USD pairs continued to attract Chinese structured deposit investors in May. Issuance of CSI Smallcap 500-pegged products picked up.