NEW PRODUCTS LAUNCH

Our SYNTHETIC ZERO Series covers 14 of the most popular UK equity shares and the FTSE 100 Index

Synthetic Zeros offer the opportunity to receive a predefined amount per product (synthetic level) subject to the protection barrier not being breached at the exercise date of the product.

This is a conditional return with downside protection (of the initial investment) up to 40% on a range of leading UK equities and the FTSE 100 Index.

There are two scenarios on the final exercise date:
    1. Investors will receive a predefined amount per product called "synthetic level" provided that, on the exercise date, the price of the underlying equity does not close below a certain predefined level called the "protection barrier'. Please note that temporary breaches during the product's life will not affect the exercise payment. This means the redemption value will still equal the predefined synthetic level.

    2. If on the exercise date the protection barrier has been breached, the investor will receive the underlying equity value i.e. its closing price on the exercise date. 

Synthetic Zero available on equities:	Synthetic Zero available on indices:
Anglo American  Barclays British Airways     BHP Biliton  Land Secs Group Lloyds Banking Group  Man Group Prudential Rio Tinto   Royal Bank of Scotland  Xstrata   BT Group Cable & wireless Centrica	FTSE 100 Index
Click here to download the factsheet	Click here to download the factsheet

Click here to access the global Investment Strategies Range


Register FREE  for live prices, advanced trading tools, weekly technical analysis report and much more...





Corporate actions notice: As a result of corporate actions such as rights issues, share splits, share buy backs and take over and mergers, the parity and strike levels of Covered Warrants may be adjusted to reflect such activity. The reason for this is to ensure that Covered Warrant investors are not disadvantaged or gain undue benefit by equity adjustments. When such a change takes place, if you require any further information please do not hesitate to contact us. Further information regarding the calculation of the changes can be supplied upon request.
Please click here to view recent corporate action changes to our Covered Warrants.


Put warrant notice: The FSA prohibition on short selling UK financials ended on the 16/01/2009. Consequently, Put Covered Warrants can be traded as usual, however FSA has retained the disclosure requirements which you should be aware of.