Commerzbank to list warrants on NDX

Commerzbank’s first issue on the NDX will consist of forty warrants, commencing October 12. "Swedish investors are very sophisticated both in respect to the actual knowledge of products as well as technical possibilities that are available for trading these products,” says Stefan Hilton, responsible for public distribution of structured products in Scandinavia at Commerzbank. “NDX makes it possible to broaden the product range in terms of both plain vanilla warrants and other more exotic products in the market.”

Commerzbank is currently focusing on a large scale Swedish market launch, having expanded the staff on the respective trading and sales desks with extensive experience from the Swedish market, Hilton adds.

In the first stage the focus will be to offer warrants on Swedish underlyings, however, going forward Commerzbank wants to be able to offer a wide variety of international underlyings as well as more exotic products, Hilton says.