CWs over KLCI & HSI as at September 12, 2007

On Monday (10th September), a new CW over KLCI was listed. It is called KLCI-CC. It is a European-style Cash-settled CW over the Kuala Lumpur Composite Index (‘KLCI’). This adds to the 2 existing CWs over market indices, i.e. KLCI-CA & HIS-C1, which are European-style Cash-settled CWs over the Kuala Lumpur Composite Index (‘KLCI’) & the Hang Seng Index (‘HSI’), respectively.



Based on lower premium & longer maturity period, I prefer KLCI-CC over KLCI-CA.