The Swiss Derivative Awards were presented for the twelfth time on March 23, 2017 at an evening event at AURA in Zurich. The jury and the audience acknowledged the following products and issuers with awards:
Sponsored by SIX Swiss Exchange
PRODUCT ON PRECIOUS METALS / FOREIGN CURRENCIES
PRODUCT ON ALTERNATIVE UNDERLYINGS
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 AG was once again 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. Zürcher Kantonalbank was successful in taking first place in the category "Investment Products".
SPECIAL AWARD remains something special
The Award Jury unanimously agreed that this year no special award will be granted. The special award is dedicated to honor extraordinary abilities or outstanding initiatives among the Structured Products industry. For 2016 no such individual, organization or initiative was identified – the more keen should the community be in launching something very special in the current year 2017.
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 UBS AG, Leonteq Securities AG, Bank Vontobel AG and Banque Cantonale Vaudoise.
The best academic works (Master, Doctor/PhD, Paper) about Derivatives and STPs.
Sponsored by Swiss Structured Products Association (SVSP)
This year’s winner is Stefanie Baller and her «Three Essays on Individual Investors` and Issuers` Behavior in the Market for Speculative Exchange-Traded Retail Products». She convinced the joint Research Award Jury, Prof. Rieger and Prof. Wallmeier, straightaway. Nominees are Paola Pederzoli («Valuing American options using fast recursive projections») the research trio Andreas Oehler, Matthias Horn and Stefan Wendt («Benefits from social trading? Empirical evidence on wikifolios»).