House of the year, Australia - UBS

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While UBS has long been active in Australia, the past year has been particularly rewarding for its equity derivatives business there. The Swiss bank has seen a 30% increase in its flow derivatives business in that time, most of which came from the equity business, along with even greater growth in structured products issuance. And in Asia Risk's interbank poll - published in December - UBS was voted the top dealer for equity index swaps and options on the S&P/ASX 200 index, with a share of 19.8%

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