Protecting the downside

David Maida | financialalert | 02 August 2012

The use by financial advisers of derivatives in portfolios - primarily for downside protection - is growing in Australia but not here in New Zealand. That may change with plans by the NZX to launch new products in 2013. financialalert spoke with a currency broker, and equity broker and the NZX.
 

The NZX's view

On 1 March 2013, the NZX intends on launching index future contracts for the NZX20. Then, on 5 April 2013, it is launching equity options. Kathryn Jaggard, head o...