Swiss Derivative Awards 2021

For the 16th time, the best structured products in Switzerland were honored. Like last year, the awards were presented in a video ceremony instead of an Oscar night. Eight different issuers took home the coveted trophies.

EQUITY PRODUCT

  • Winner: Credit Suisse, AFNGCS, 100% ProNote on S&P 500
  • Nominated: Bank Julius Bär, DAFFJB, JB Tracker Certificate on Hang Seng Tech Index Top-20
  • Nominated: Zürcher Kantonalbank, PETUSZ, Tracker Certificate on a Pet Basket

 

COMMODITY PRODUCT

  • Winner: Zürcher Kantonalbank, BASCHZ, Tracker Certificate on a Base Metals+ Basket
  • Nominated: Vontobel, MSNABV, Long Mini Future on a Soybean Future
  • Nominated: Raiffeisen Schweiz, FWXRCH, Twin-Win Certificate on WTI Crude Oil

 

INDEX PRODUCT - sponsored by SIX

  • Winner: Zürcher Kantonalbank, ZSMIPZ, Tracker Certificate on ZKB SMI Put-Schreiber Hebel 2 Index
  • Nominated: Vontobel, ZSOALV, Open end Tracker Certificate in CHF on Solactive Food Delivery Index
  • Nominated: Credit Suisse, OPCSCS, Tracker Certificate on CS Basket of Short Strangles TR Index

 

PRODUCT ON PRECIOUS METALS / FOREIGN CURRENCIES

  • Winner: Leonteq Securities, OBTLTQ, Reverse Convertible on 10y SARON Swap Rate
  • Nominated: Vontobel, MUSCLV, Short Mini Future on CNH per 1 USD
  • Nominated: Vontobel, MSIABV, Long Mini Future on Silver (Troy Ounce)

 

PRODUCT ON ALTERNATIVE UNDERLYINGS

  • Winner: Vontobel, MBTADV, Long Mini Future on Bitcoin Future
  • Nominated: UBS, CECILU, Buy on Dips Note on SMI
  • Nominated: Leonteq Securities, KRYPTQ, Tracker Certificate (AMC) on Swissquote Multi Crypto Index

 

BEST ESG PRODUCT

  • Winner: Leonteq Securities, RIGHTQ, Tracker Certificate on Swissquote Rainbow Rights Index
  • Nominated: Credit Suisse, ADSLCS, Callable Reverse Convertible on MSCI USA ESG Rating Select 100 Index with green use of proceeds
  • Nominated: Leonteq Securities, ECARTQ, Tracker Certificate (AMC) on Swissquote Global eMobilitäts Index

 

CLIMATE PROTECTION PRODUCT

  • Winner: Banque Cantonal Vaudoise, 0573BC, EcoCircularity AMC Tracker Certificate
  • Nominated: UBS, GTPEUU, Strategy Certificate on the Green Tech Europe Portfolio
  • Nominated: Zürcher Kantonalbank, MIGLCZ, Tracker Certificate Dynamic on Migros Bank Low Carbon

 

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", BNP Paribas 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 at SIX. In the category "Invesatment Products", Luzerner Kantonalbank was successful in taking first place.

 

«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 Leonteq Securities, Luzerner Kantonalbank, Raiffeisen Schweiz, Zürcher Kantonalbank and Banque Cantonal Vaudoise.

 

RESEARCH AWARD - Sponsored by Swiss Structured Products Association (SSPA)

The best academic works (Master, Doctor/PhD, Paper) about Derivatives and Structured Products.

  • Winner: Nils Jonathan Krakow, Universität Zürich
  • Nominated: Johannes Dinger, Karlsruher Institut für Technologie, Institut für Finanzwirtschaft, Banken und Versicherungen
  • Nominated: Patrick Lucescu, Universität Zürich & ETH