Friday, April 7, 2017

Loss limit ETN, an average 40 million georaegeum ... Still a long way away



[Korea goyounghun financial newspaper reporter] The turnover of the last month on the 27th of securities traded on a loss limit public debt market indices (ETN) showed that less than when first introduced in 2014. I replaced the stock price expectation be linked securities (ELS) goal, but the initial market entry is not easy appearance.

7 According to the Korea Exchange Limited ETN losses after the listing until the last four trading days of July sales will total 27,409, mainly trading volume has achieved a total of 280 million won. By being among the stocks it totaled call-foot spread type of products are mainly deal in the put spread-type products of NH Investment & Securities recorded first place in 130 million won. Spread the foot-shaped structure that is the product price paid haraksi income is the minimum redemption price is 9,800 won. Limited ETN loss is caused even if the market situation variables can be more than 70% of the principal amount.

Has issued a total of 15 events on seven brokerage revenue structure from the current four to seven billion won each scale. 4 Samsung Securities and Mirae Asset is a four treatments, four NH Investment & Securities, Korea Investment & Securities 3 and so on.

The maximum loss is limited to a certain level, while the motto that gives investors expect a higher return than deposit rate stable investment vehicle. When possible intraday real-time marketing whilst ELS OTC midway repurchase expectation was expected to be a new alternative for investors who pay higher fees.

But jeongjak I open the lid flat is less than expected. QV K200 P-SP 1804-01 ETN, Samsung K200 Call 1803-01 ETN, except for Mirae Asset K200 C-SP 1803-02 ETN total turnover 40 million won is also a situation should not. There also should not deal at all events. The brand name comes cadastral unfamiliar and difficult.

Average daily trading volume during 2014 was 110 million won, considering what line to the 1/3 level.

The exchange said that "in a hall of OTC products kinks ELS, suitable for long-term investment," he said, saying "however, transactions compared to sales-type products such as long-term investments will not be large-scale nature of the stock."

Also he explained that "lack of awareness and empathy," said, "I will strengthen the marketing."



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