Swiss Derivative Awards 2024

Photos of the event can be found here.

 

 

The jury and the audience honoured the following products and issuers with an award:

 

EQUITY PRODUCT

 

·       Winner: Barclays, Dropback Note linked to Basket of European Financials, ISIN CH1252028514

·       Nominated: Vontobel, Tracker-Zertifikat auf einen Diabetes and Weight Management Basket, ISIN CH1293288283

·       Nominated: UBS, Tracker-Zertifikat auf Euronext Helios Space Index, ISIN CH1293288283

 

 

COMMODITY PRODUCT

 

·       Winner: UBS, Buy-on-Dips-Zertifikat auf Brent Crude Oil Front Month Futures, ISIN CH1282292072

·       Nominated: Zürcher Kantonalbank, 10% Reverse Convertible auf ZKB Platinum ETF, ISIN CH1218246440

·       Nominated: Leonteq Securities, Bonus-Zertifikat auf WTI Rohöl, ISIN CH1158662820

 

 

INDEX PRODUCT – SPONSORED BY SIX

 

·       Winner: Vontobel, Step-Down Autocallable Barrier Reverse Convertible auf drei Indizes, ISIN CH1304175925

·       Nominated: Banque Cantonale Vaudoise, SMI® Revenues Optimisés Zertifikat, ISIN CH1272759502

·       Nominated: Zürcher Kantonalbank, Kapitalschutz-Zertifikat mit Partizipation am SMI® Index und garantiertem Coupon, ISIN CH1252912089

 

 

PRODUCT ON PRECIOUS METALS / FOREIGN CURRENCIES / INTEREST RATE

 

·       Winner: Leonteq Securities, Outperformance-Zertifikat auf iShares 20+ Year Treasury Bond ETF, ISIN CH1290295604

·       Nominated: Vontobel, Long Mini-Future auf 10 Year US Treasury Note Future, ISIN CH1290671242

·       Nominated: Leonteq Securities, 13% p.a. Barrier Reverse Convertible auf USD SOFR 1Y, ISIN CH1265331848

 

 

PRODUCT ON ALTERNATIVE UNDERLYINGS

 

·       Winner: Leonteq Securities, ETP auf Risk-Adjusted Bitcoin & USD Overnight Interest Index, ISIN CH1300961203

·       Nominated: Marex, Cash & Carry linked to Bitcoin, ISIN XS2487502275

·       Nominated: Vontobel, Strategie-Zertifikat in USD auf den Vontobel Structured Yield Index, ISIN CH0592996737

 

 

PRODUCT ON AN ACTIVE UNDERLYING – SPONSORED BY VESTR

 

·       Winner: Luzerner Kantonalbank, Tracker-Zertifikat auf Margaris No.1 Artificial Intelligence Basket, ISIN CH1181315248

·       Nominated: Leonteq Securities, ETP+ auf Adaptivv Downside Control World Index, ISIN CH1271355690

·       Nominated: Vontobel, Strategie Zertifikat in USD auf den Vontobel Artificial Intelligence Opportunities Index, ISIN CH1262671659

 

 

BEST ESG-PRODUCT

 

·       Winner: Société Générale, Global Waste Management Index-Zertifikat, ISIN DE000SV24YA3

·       Nominated: UBS, ETC auf CMCI Sustainability Transition Index, ISIN CH1262689990

·       Nominated: Leonteq Securities, Bonus-Outperformance-Zertifikat auf MSCI Europe ESG Leaders 5% Decrement Index, MSCI Switzerland ESG Leaders 5% Decrement Index, MSCI USA ESG Leaders 2% Decrement Index, ISIN CH0590638877

 

 

SPECIAL AWARD

The jury decided not to present a Special Award this year.

 

 

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 Structured Products. Luzerner Kantonalbank is at the top of podium in the category "Investment Products". 

 

 

«TOP SERVICE» for the best

 

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

·       Vontobel

 

 

RESEARCH AWARD – SPONSORED SSPA

 

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

 

·       Winner: Heiner Beckmeyer, Universität Münster, «Machine Learning and Nonlinearities in Asset Pricing»

·       Nominated: Pascal Albert, Universität Bamberg, «Estimation of rare disaster concerns from option prices – an arbitrage‐free RND‐based smile construction approach»

·       Nominated: Patrick Kerl, Universität Trier, «Is the Emission of Structured Products on Novel Underlyings a Predictor of the Underlyings Performance?»