Swiss Derivative Awards 2023

The Swiss Derivative Awards were presented for the eightteenth time on April 5, 2023 at an evening event at AURA in Zurich. The jury and the audience acknowledged the following products and issuers with awards:

EQUITY PRODUCT

  • Winner: Raiffeisen Schweiz, FJFRCH, Bonus-Certificate with garantueed Coupon on Nestlé, Roche, Swisscom and Zurich Insurance
  • Nominated: Vontobel, ZLNGEV, Tracker-Certificate on the Liquefied Natural Gas Basket
  • Nominated: Banque Cantonale Vaudoise, 0823BC, Barrier Reverse Convertible Double Coupon on Nestlé, Novartis und Roche (Income Based Recovery Produkt)

 

COMMODITY PRODUCT 

  • Winner: Vontobel, MNGAMV, Short Mini Future on Natural Gas (Henry Hub) Future
  • Nominated: EFG International, HCCEFG, 5.70% p.a. Lock-in Certificate on Brent Rohöl, Gold and WTI Rohöl
  • Nominated: UBS, OPWTIU, Bonus Outperformance Certificate on WTI Crude Oil Future

 

INDEX PRODUCT - sponsored by SIX

  • Winner: Zürcher Kantonalbank, SMIPBZ, ZKB Put Spread Warrant on SMI
  • Nominated: Leonteq Securities, VEZLTQ, Tracker-Certificate on Leonteq Select Tankers Index
  • Nominated: Vontobel, PNCCEV, Strategy-Certificate in CHF on Vontobel Nuclear Energy Index

 

PRODUCT ON PRECIOUS METALS / FOREIGN CURRENCIES / INTEREST RATE

  • Winner: Leonteq Securities, VPGLTQ, Barrier Reverse Convertible on 10y CHF SARON Swap Rate
  • Nominated: Vontobel, MEUADV, Short Mini Future on USD per 1 EUR
  • Nominated: Zürcher Kantonalbank, Z22CXZ, ZKB 100% Capital Protection Note with Participation on USD/CHF Exchange rate

 

PRODUCT ON ALTERNATIVE UNDERLYINGS

  • Winner: Credit Suisse, MOTRCS, Open-end Tracker-Zertifikat on CS Multi Asset Futures EUA USD Hedged TR Index
  • Nominated: Leonteq Securities, TZCLTQ, Capital Protection Note with Participation on Bitcoin
  • Nominated: Vontobel, FHYAAV, Constant Leverage Certificate on 4x Long Index linked to Solactive Hydrogen Top Selection Index (NTR)

 

BEST ESG-PRODUCT

  • Winner: Banque Cantonale Vaudoise, 0143BC, Helv-ethic Certificate
  • Nominated: Raiffeisen Schweiz, ITHRCH, Tracker-Certificate on Futura Food Index
  • Nominated: Vontobel, ZPWDIV, Tracker-Certificate in CHF on Power of Diversity Basket

 

CLIMATE PROTECTION PRODUCT

  • Winner: Leonteq Securities, GLCLTQ, Tracker-Certificate (AMC) on Globalance Low Carbon Index
  • Nominated: Luzerner Kantonalbank, GLKBLK, LUKB AMC on Sustainablity Champions Basket
  • Nominated: Société Générale, SGL1SG, SG Green Deal Index-Zertifkat

 

SPECIAL AWARD

  • Winner: Daniel Manser – for his commitment in the area of Structured Products

 

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 Julius Bär 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 "Investment 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 SecuritiesLuzerner Kantonalbank and Raiffeisen Schweiz.

 

RESEARCH AWARD - Gesponsort vom Schweizerischen Verbands für Strukturierte Produkte (SSPA)

No Research Award were presented in 2023