Presentazione

Cert-X, il mercato dei
certificati
Page 1
Cert-X
•
Cert-X èil segmanto di EuroTLX dedicato ai certificati di investimento
•
Permette di sfruttare la liquidità del mercato EuroTLX anche per I certificates
•
Lanciato da ottobre 2008 con 60 certificati di tipo “benchmark” di UniCredit Bank, ad oggi sono
neziabili più di 700 certificati
•
Adottando la classificazione dei titoli nelle quattro macro categorie riconosicute da ACEPI
(Associazione Italiana Certificati e Prodotti di Investimento) sono presenti strumenti nelle
seguenti categorie:
• Capitale protetto
• Capitale condizionatamente protetto
• Capitale non protetto
Page 2
Borsa Italiana 23 April 2014
Cert-X : Caratteristiche principali
•
Negoziazione continua dalle 9.00 alle 17.30
•
Modalità di negoziazione : prezzo unitario
•
Lotto minimo di negoziazione : 1
•
Liquidazione : in automatico a t+3 in Monte Titoli e EuroClear/Clearstream
•
Veloce time-to-market nel processo di ammissione
•
Maggiore flessibilità nel processo di ammissione per i diversi tipi di certificati
•
Segmento in crescita in termini di nuove emittenti e fornitori di liquidità
•
Tariffe concorrenziali per i processi di amissione e per il trading
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Borsa Italiana 23 April 2014
Cert-X : Specialist
•
Specialist su Cert-X:
Page 4
Borsa Italiana 23 April 2014
Cert-X : Obblighi degli Specialist
Obblighi dello specialist:
•
Liquidità: obbligo di esporre in via continuativa proposte di negoziazione in
acquisto e in vendita per quantità almeno pari a quelle minime comunicate da
EuroTLX SIM. Tempo massimo di reintegro della quantità dopo la conclusione di
un contratto : 5’
•
Significatività prezzi
•
Obblighi di spread
Page 5
Borsa Italiana 23 April 2014
Cert-X:Crescita del mercato
Page 6
Borsa Italiana 23 April 2014
Cert-X: Crescita del numero degli
strumenti
Page 7
Borsa Italiana 23 April 2014
Cert-X :Strumenti negoziabili
Page 8
Borsa Italiana 23 April 2014
Cert-X :Strumenti negoziabili
Page 9
Borsa Italiana 23 April 2014
Cert-X :Strumenti negoziabili
Page 10 Borsa Italiana 23 April 2014
Strumenti più negoziati per
tipologia da inizio anno
Capitale Protetto
Isin
Descrizione
volumi
contratti
IT0004909104
BANCA IMI - EQUITY PROTECTION EURO STOXX 50 16.05.2016 EUR
€
20,462,490.72
1529
IT0004940364
BANCA IMI - EQUITY PROTECTION EURO STOXX 50 07.08.2017 EUR
€
19,245,227.91
1222
IT0004931595
BANCA IMI - EQUITY PROTECTION EURO STOXX 50 10.07.2017 EUR
€
17,266,990.48
1059
IT0004921026
BANCA IMI - EQUITY PROTECTION EURO STOXX 50 31.05.2017 EUR
€
10,469,560.86
659
XS0883880469
BANCA IMI - EQUITY PROTECTION EURO STOXX OIL & GAS 06.03.2018 EUR
€
9,146,440.57
782
IT0004940208
BANCA IMI - EQUITY PROTECTION S&P BRIC 40 07.08.2018 EUR
€
8,993,664.36
603
XS0876096693
BANCA IMI - EQUITY PROTECTION EURO STOXX OIL & GAS 08.02.2018 EUR
€
8,978,050.02
757
XS0859788969
BANCA IMI - EQUITY PROTECTION CPI 18.01.2016 EUR
€
8,102,155.82
525
XS0898280747
BANCA IMI - EQUITY PROTECTION EURO STOXX OIL & GAS 10.04.2018 EUR
€
7,748,430.72
697
IT0004965825
BANCA IMI - EQUITY PROTECTION EURO STOXX UTILITIES 15.11.2017 EUR
€
7,419,867.74
391
Capitale Non Protetti
Isin
Descrizione
volumi
contratti
XS0977833739
SG ISSUER - ITRAXX EUROPE MAIN S20 10.01.2019 EUR
€
10,914,297.17
175
DE000HV778M3
UNICREDIT BANK - DEBITO ENEL AUTOCALLABLE 20.07.2014 EUR
€
7,711,246.87
258
IT0004960065
BANCA IMI - EURO STOXX BANKS AUTOCALLABLE 16.10.2017 EUR
€
7,214,292.12
375
DE000HV8F397
UNICREDIT BANK - EURO STOXX 50 19.11.2015 EUR
€
6,608,397.43
236
IT0004953441
BANCA IMI - EURO STOXX BANKS AUTOCALLABLE 18.09.2017 EUR
€
5,777,573.11
304
IT0004909096
BANCA IMI - EURO STOXX BANKS AUTOCALLABLE 15.05.2017 EUR
€
5,754,854.27
454
IT0004892169
BANCA IMI - EURO STOXX BANKS AUTOCALLABLE 06.03.2017 EUR
€
4,565,127.30
368
IT0004898547
BANCA IMI - EURO STOXX BANKS AUTOCALLABLE 10.04.2017 EUR
€
4,306,466.40
318
XS0925120379
SOCIÉTÉ GÉNÉRALE EFFEKTEN - DEBITO GRANDI IMPRESE ITALIANE 22.05.2018 EUR
€
3,966,825.32
110
IT0004940174
BANCA IMI - EURO STOXX BANKS AUTOCALLABLE 07.08.2017 EUR
€
3,914,560.79
253
Capitale Parzialmente Protetto
Isin
Descrizione
volumi
contratti
XS0708385835
BANCA IMI - EQUITY PROTECTION 60 DEBITO ENI 31.07.2015 EUR
€
11,015,217.46
118
XS0704617579
BANCA IMI - EQUITY PROTECTION 60 DEBITO ENEL FINANCE 10.07.2015 EUR
€
10,547,444.58
143
XS0749905336
BANCA IMI - EQUITY PROTECTION 60 DEBITO EDF 10.11.2016 EUR
€
5,862,691.19
96
XS0913026240
BANCA IMI - EQUITY PROTECTION 90 EURO STOXX 50 AUTOCALLABLE 09.05.2016 EUR
€
4,087,150.47
115
XS0717844285
BANCA IMI - EQUITY PROTECTION 60 DEBITO ATLANTIA 07.07.2014 EUR
€
2,881,726.69
33
XS0787416352
BANCA IMI - EQUITY PROTECTION 60 DEBITO GDF SUEZ 19.02.2016 EUR
€
995,348.30
21
XS0939067053
SECURASSET - EQUITY PROTECTION 95 EURO STOXX 50 09.10.2018 EUR
€
461,306.94
51
XS0928209393
SG ISSUER - EQUITY PROTECTION 70 UNICREDIT 31.10.2016 EUR
BNP PARIBAS ARBITRAGE ISSUANCE EQUITY PROTECTION 95 AZIONI MONDIALI CAP AUTOCALLABLE 30.09.2015 EUR
BANCA IMI - EQUITY PROTECTION 95 EURO STOXX TELECOMMUNICATIONS 02.02.2015 EUR
€
404,276.10
16
€
334,963.65
21
€
246,108.94
22
NL0009561976
IT0004561392
Page 11 Borsa Italiana 23 April 2014
Disclaimer
• The information contained in this document and in the attachments is confidential and is intended for the exclusive use of the beneficiary. As a
result, the contents of the present document shall not be disclosed without the prior written approval of EuroTLX SIM S.p.A. The present
document is the exclusive property of EuroTLX SIM S.p.A. and is protected by Italian and international intellectual property laws. As a result, the
contents of this document or any attachments cannot be modified in anyway, nor published, retransmitted, copied, sold, distributed or exhibited,
nor can abstracts be created without the written approval of EuroTLX SIM S.p.A.
• This document was drawn up by EuroTLX SIM S.p.A. exclusively for informational purposes. It can also contain advertising and promotional
communications. Whoever uses it for other than purely information purposes or for commercial objectives assumes full responsibility for such
use.
• This document should not be construed as an offer, an invitation to offer or a promotional message for the purpose of purchase, sale or
subscription in financial instruments or products of any nature.
• Specifically, the present document does not represent consulting in investments, nor a recommendation, nor research into investment
materials. Its purpose is not to recommend or suggest, explicitly or implicitly, an investment strategy as regards one or more financial instruments
or issuers of such financial instruments. Copies of this document or parts thereof may not be transported, transmitted or distributed in the United
States, Canada, Australia, and Japan or to any person resident in those countries or in other countries in which disclosure is only allowed subject
to authorization by the competent authorities. Distribution of this document in other jurisdictions can be subject to restrictions and therefore, the
persons who are meant to be beneficiaries of the document must be informed on the existence of these restrictions and abide by them.
• The information contained in the present document is based on sources considered credible, however, no independent verification was made
as regards to its veracity or accuracy. As a result, no guarantee or declaration, explicit or implicit, is provided nor can any reliance be placed on
the precision, completeness or correctness of the information and opinions contained in this document. As regards the references to the physical
aspects contained herein, it should be noted that the levels and taxation bases on which the present document is based are subject to changes
and can affect the value of the investment.
• Otherwise, the information contained in the present document represents opinions.
• EuroTLX SIM S.p.A. is not responsible for any damage to the user and/or third parties due to the use of the information contained in the
present document, including the possibility that there are errors, omissions or inaccuracies.
• References made to the past performance of the financial instruments can in no way be construed as an indication of results promised by
EuroTLX SIM S.p.A. or which may be expected, because investments in financial instruments are affected by multiple factors, related to the
markets, issuers, and to regulatory, economic and political changes.
• The Trademarks EuroTLX and TLX MPI are the property of EuroTLX SIM S.p.A.
Page 12

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