Merrill Lynch, which launched Singapore's first exchange listed equity-linked note earlier this year, is planning on listing others in the near future. "We're looking forward to doing more," said Raymond Wong, managing director, global equity linked products in Hong Kong. In May Merrill listed Yield Enhanced Structure (YES) certificates based on shares of DBS Group Holding. He added that listing equity-linked notes allows greater transparency. Wong continued that the products are available on demand and more are on the way to meet demand from the retail market, declining to elaborate.
Merrill Structures Listed ELNs In Singapore
