Dossier
stability notes
Coverage of stability notes in the Nexus archive.
- Banks Offload Risk from Leveraged ETFs with ‘Crash Puts’
Leveraged ETFs, which aim to double or triple daily returns of individual stocks, are considered highly risky. This has led to increased activity in the derivatives market involving 'crash puts' (also known as cliquets or stability notes) as banks and institutional investors offload risk.