Vontobel launches first Short Mini Futures on Bitcoin

News
17/11/2017 Temps de lecture: 1 minute(s)

Vontobel, which in 2016 was the first provider to launch Tracker Certificates on Bitcoin for Swiss investors, making it a “bankable asset,” is becoming the first provider worldwide to bring Short Mini Futures on Bitcoin to the stock exchange.

As of today, investors can trade Vontobel’s Short Mini Futures on Bitcoin on the Swiss stock exchange. This offers them the opportunity to speculate on the declining value of the cryptocurrency. Vontobel is making two variants with different forms available. The issuer of the Short Mini Futures is Vontobel. The investor thus benefits from the advantages of a certificate, such as safekeeping in a securities custody account and easy trading on the stock exchange.

With this new bitcoin investment opportunity, Vontobel is continuing to expand into the digital world and bringing investment expertise and fintech even closer together. “This is further proof of Vontobel’s capacity for and speed of innovation as one of the leading providers of structured products,” says Roger Studer, Head of Vontobel Investment Banking.

Vontobel Financial Products is the leading provider of structured products in its domestic market, Switzerland, with a market share of 25 percent (measured by volumes traded on the stock exchange in the target segment). As the first and only issuer, Vontobel launched the Bitcoin Tracker in Switzerland and Germany in July 2016, issuing an additional variant with an unlimited duration on October 25, 2017. Today, the products are among the most heavily traded investment products on the stock exchange in both Switzerland and Germany, and are extremely popular with both institutional and private investors.