Comparative analysis of exchange traded products markets in the Czech Republic, Hungary and Poland
Comparative analysis of exchange traded products markets in the Czech Republic, Hungary and Poland
Author(s): Magdalena Walczak-GańkoSubject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: Structured products; alternative investment; portfolio diversification; capital market
Summary/Abstract: Structured products as a form of alternative investments can be widely used to diversify portfolio. Profile of the payment of such instruments depends on a fixed formula for the base index. In the article, structured products from the Budapest, Prague and Warsaw Stock Exchange were described. In summary a comparative analysis of trading statistics from the years 2007–2013 was presented as well as the description of investors’ profiles and other statistics. The Polish ETP market is the biggest, offering the widest range of products; however, the most active investors in the field of the ETP instruments trading are the ones from Hungary. On the Prague Stock Exchange, in spite of ETPs being available since 2006, certificates have not enjoyed much popularity among the actors of the market.
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2015
- Issue No: 381
- Page Range: 426-438
- Page Count: 13
