Besides becoming a broker for RHB’s newest SW products, Mirae Asset will continue collaborating with other capital market players to vend over ten investment products in 2023.
Heaptalk, Jakarta — PT Mirae Asset Sekuritas Indonesia has cooperated with PT RHB Sekuritas Indonesia to market the two newest Structured Warrant (SW) investment products that RHB Sekuritas recently launched.
In this collaboration, Mirae Asset has been appointed to become a broker of the newest Structured Warrant (SW) of RHB Sekuritas, including ADRODRCU3A with a stock base of PT Adaro Energy Tbk (ADRO) and BBNIDRCU3A with a stock base of PT Bank Negara Indonesia Tbk (BBNI).
Responding to the cooperation, Senior VP of Business Innovation at Mirae Asset, Wisnu Aditya, has a robust optimism to collaborate with the other capital market players to peddle around ten investment products this year, along with the rapid development of the investment products category recently.
“Through this collaboration, we expect to continue to expand the investment instruments type in the capital market and enliven the transaction activities of the traders and investors,” voiced the Senior VP of Business Innovation of Mirae Asset, Wisnu Aditya, during the media day agenda. (03/09)
The structured warrant, named call warrant product, is the latest capital market category that enables traders to gain profits more significantly if the stocks turning into underlying assets face price strengthening. For this reason, Mirae targets to continue to elevate strategic collaboration with diverse capital market practitioners to accelerate investment democratization attempts.
Head Sales of Marketing Equity Derivative of RHB Sekuritas, Steinly Atmanagara, elaborated on structured warrant contains multiple boons compared to other products in the capital market. According to his statement, this investment product has a more reasonable purchasing value than the primary asset shares. On the other hand, the SW product has a more measurable risk compared to other derivative products.
“The third one, this structured warrant instrument dismisses margin calls, leverage, or liquid due to the availability of liquidity providers. Last but not least, asset stocks are normally superior because they are members of the IDX30 index,” affirmed Steinley.
According to Indonesia Stock Exchange (IDX) data, before planning to list ADRO and BBNI structured warrants, RHB Sekuritas was the first security to issue structured warrant products and has recorded about 17 structured warrant products from 25 products that can be transacted since February 2022. The increasingly conducive economic conditions are contemplated to encourage investors’ desire to transact in this investment instrument.
