Swiss Derivative Awards 2014

The Swiss Derivative Awards were presented for the ninth time on April 10, 2014 at an evening event in the function rooms at Kaufleuten in Zurich. The jury and the audience acknowledged the following products and issuers with awards:

EQUITY PRODUCTS

  • Winner: Credit Suisse, BESTBC, Best-of Bonus Certificate on Nestlé, Zurich, ABB
  • Nominated: UBS, PRT3D, Tracker Certificate on Solactive 3D Printing TR Index
  • Nominated: ZKB, ZKB3GS, Barrier Reverse Convertible on ZKB Basket of Options


COMMODITY PRODUCT

  • Winner: Leonteq, EFGEQG, Distance 2 Range Reverse Convertible on Brent Crude Oil
  • Nominated: Leonteq, LTQAVE, Twin-Win Certificate on WTI Crude Oil
  • Nominated: Bank Vontobel, VURCL, Capital Protection Certificate with Participation on WTI Crude Oil with Reference Bond Glencore Finance Europe SA


PRECIOUS METAL PRODUCT

  • Winner: Notenstein, NPADAN, 4.50% p.a. Multi Barrier Reverse Convertible on Gold, Palladium, Silver
  • Nominated: Bank Vontobel, VONJRJ, Multi Defender VONTI on Gold, Palladium, and Silver
  • Nominated: Leonteq, LTQAGF, Multi Barrier Reverse Convertible on Precious Metals


PRODUCT ON FOREIGN CURRENCIES OR INTEREST RATES

  • Winner: UBS, UCWDF, Credit Default Warrant on General Electric Capital Corp
  • Nominated: Julius Baer, JGRFZ, Reverse Convertible on 1.75% Swisscom AG, 2024
  • Nominated: Leonteq, LTQAJR, another Participation Certificate on USD/CNH


PRODUCT ON ALTERNATIVE UNDERLYINGS

  • Winner: Leonteq, LTQAMK, Short Tracker Certificate on Swiss Real Estate Basket
  • Nominated: ZKB, ZKB3DK, Reference Issuer Certificate with Limited Capital Protection and Asian Participation on ZKB Dynamic Asset Class Index
  • Nominated: Neue Helvetische Bank, HBQL2, Tracker Certificate on NHB QLAB Dynamic Allocation Basket


THE BEST MARKET MAKERS
For investors, fair prices on the secondary market are a key feature of a «good» investment product. In the category "Leverage Products", Bank Vontobel was awarded first place as the best market maker. The issuer stood out due to consistent quality in the pricing of its issues in the secondary market on the SIX Structured Products Exchange. Leonteq Securities was successful in taking first place in the category "Investment Products".


SPECIAL AWARD
This year, the jury gave the Special Award to an individual person. Christian König, who is an economist (lic. oec. HSG), derivatives specialist and Finance 2.0 enthusiast, was presented with the award. His platform finanzproduct.ch offers a free-of-charge service for financial products focusing on product trends and social media. In addition, @finanzprodukt is very active on Twitter. Christian König has previously played a leading role in a number of flagship projects (e.g. payoff.ch).


TOP SERVICE
Judging of the issuers' service performance involved assessment of the following criteria: quality of term sheets, quality of brochures and client magazines, quality of derivatives website, quality of market making, surveys of investors and pricing. This year, the jury awarded the coveted distinction to Bank Vontobel, Leonteq Securities and Banque Cantonale Vaudoise.