• Leading marketplace for tailor-made structured products bolsters position - Zürcher Kantonalbank becomes sixth issuer on deritrade® Multi Issuer Platform

    Zürcher Kantonalbank (ZKB) has become the sixth issuer to decide to offer structured products on Vontobel's deritrade® Multi Issuer Platform, thus enabling the marketplace for tailor-made structured products to further expand its leading position.

    ZKB, which ranks among the biggest providers of structured products in Switzerland, is joining deritrade®, thus continuing the rapid expansion of this new marketplace for such products. The six issuers now participating - UBS, Deutsche Bank, Morgan Stanley, Société Générale, Vontobel and ZKB - together represent more than 70% of the exchange-traded volume of structured products in Switzerland.

    deritrade® Multi Issuer Platform (MIP) is a unique marketplace that brings together the products and prices of the key providers in the market, offering them transparently on a centralized, high-tech platform and ensuring comparability. Simple, web-based access opens up new opportunities for client advisors. Bespoke investment solutions can be created in a matter of seconds, while also enjoying maximum price transparency.

    "This platform allows ZKB to reach new clients, to offer clients competitive products from an issuer with top credit ratings, and to implement regulatory requirements with a view to the future," explained Paolo Vanini, Head of Structured Products at ZKB.

    "deritrade® Multi Issuer Platform is now already the leading marketplace for investors and providers of tailor-made structured products," said Roger Studer, Head of Vontobel Investment Banking, commenting on the new addition to deritrade®. "We have succeeded in establishing an industry standard that addresses core needs such as price transparency and client benefits, while at the same time taking into account the mounting pressure in the financial sector with regard to costs and efficiency," he added.

    Contact

    Media Relations:
    Reto Giudicetti
    +41 (0)58 283 61 63
    Investor Relations:
    Susanne Borer
    +41 (0)58 283 73 29

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