BANGKOK, Aug. 14 (Xinhua) — Hang Seng Index (HSI) derivative warrants (DWs), issued by Macquarie Securities Thailand Limited, were listed and commenced trading on Wednesday, which is the first DWs issued over HSI in Thailand.
The laughing ceremony of the DWs over HSI is held at Stock Exchange of Thailand (SET) by SET and Macquarie Securities Thailand Limited.
The HSI is the most widely quoted performance indicator of the Stock Exchange of Hong Kong (SEHK), the fourth largest stock exchange in the world.
The HSI is an index that tracks the performance of the 50 of the largest, most liquid stocks in China’s Hong Kong market including global names such as HSBC, Tencent and AIA group.
“Our HSI warrants listed in Singapore and Malaysia have consistently been some of the most popular products with our clients, accounting for over 70 percent of turnover. This launch comes at an ideal time for investors in Thailand as macro-economic conditions are creating great trading opportunities in the HSI,” said Dean Herbert, head of Listed Product Distribution, Asia, Macquarie Commodities & Global Markets.
The warrants will be linked to the movements in the HSI futures price, which are listed and traded on SEHK.