Catley Lakeman Securities (CLS) has launched the first and only multilateral trading facility for structured products for UK investors.
Verto MTF is a fully regulated exchange and will allow for the necessary clarity under MiFiD II guidelines, which requires structured product investors to provide data reporting on execution as well as an independent audit trail in the trading and execution of the products. Structured products have been in existence for decades and aim to provide pre-defined returns dependent on the performance of an underlying asset, such as a market index, over a set period. Investors have the opportunity to receive a predefined capital gain at maturity or receive income payments over the life of th...
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