Warrant and CBBC volumes recover after slump

Appetite for warrants and callable bull/bear contracts in Hong Kong improved over the course of 2009, a trend HSBC expects will continue in 2010.

HSBC says that warrants and callable bullbear contracts CBBCs will find favour with investors in 2010, continuing a trend that gained momentum in 2009.

Our warrantCBBC total turnover dropped 23% in 2009 to around HK$3.4 trillion $438 billion, said Keith Chan, the head of listed products sales in HSBC's global markets team, who joined the bank in September. Speaking at a recent market review session, he attributed this decline to the relatively weak...

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