Product Scope Extension UBS and Upcoming Issuer Change for ZKB

Product Scope Extension UBS – (B)RC with autocall feature

We are constantly striving to further expand our "deritrade" platform in order to provide our clients with the greatest possible convenience as well as a broad product offering. Therefore, we continuously invest into the development of deritrade and strengthen its position as leading Multi Issuer Platform in the Swiss market.

Just recently, we enabled our Swiss deritrade clients to issue (Barrier) Reverse Convertibles (B(RC)) with autocallable feature from issuer UBS, covering the full range of fixed coupon Autocallable (Barrier) Reverse Convertibles, either on single underlyings or baskets. Thereby UBS joins an already wide range of issuers offering these structures on deritrade.

Upcoming Issuer Change for ZKB (affecting new issues from April 19 2023 onwards)

To be in line with ZKB’s issuer offering on other platforms, we will change the issuer on deritrade in cooperation with ZKB from the currently used Zürcher Kantonalbank, Zürich to Zürcher Kantonalbank Finance (Guernsey) Ltd. effective April 19, 2023 (excluding dual currency notes).

The change has no impact on the pricing provided by ZKB. Zürcher Kantonalbank, Zürich continues to act as Lead Manager, Paying-, Exercise- and Calculation-Agent.

Products traded via deritrade prior to the effective date will not be affected and Zürcher Kantonalbank, Zürich will continue to act as Issuer for those products.