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- The most active structured warrants in the July month to date have consisted of four HSI Call Warrants and one HSI Put Warrant. The 30 day historical volatility of the HSI has been one-third higher than that of the STI.
- Macquarie has been most active warrant issuer measured in total MTD turnover with $364M traded value, closely followed by UBS with $301 turnover.
- Among the major Asian Indices the Nikkei 225 index has been the most volatile – and more than 2.5x as volatile as the STI over the past 30 days. Macquarie has listed new warrants on Nikkei 225 expiring in December 2016.
The 30 day historical volatility of the Asian indices with index structured warrants listed in Singapore have ranged from 12.4% for the Straits Times Index (STI) to 34.8% for the Nikkei 225 Index. The Bank of Japan (BOJ) will conclude its two day policy meeting on Friday. This will be the first policy meeting since the recent re-election Prime Minister Shinzo Abe on July 10 which saw his ruling coalition win a majority in the upper house. The win has also built expectations for an expansion of fiscal stimulus. Macquarie has listed new warrants on Nikkei 225 expiring in December 2016. These structured warrants are as below:
| Counter Name | Stock Code | Call/Put | Strike level | Expiry date |
| NKY 19500MBeCW161209 | BWDW | C | 19,500 | 09-Dec-16 |
| NKY 17500MBeCW161209 | BWEW | C | 17,500 | 09-Dec-16 |
| NKY 16000MBeCW161209 | BWFW | C | 16,000 | 09-Dec-16 |
| NKY 14000MBeCW161209 | BWGW | C | 14,000 | 09-Dec-16 |
| NKY 17000MBePW161209 | BWHW | P | 17,000 | 09-Dec-16 |
| NKY 15500MBePW161209 | BWIW | P | 15,500 | 09-Dec-16 |
| NKY 13500MBePW161209 | BWJW | P | 13,500 | 09-Dec-16 |
Source: SGX (data as of 27 July 2016)
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