Market Wrap - Stock Pick — FTSE Protocol
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Viv Govender from Rand Swiss Offshore chose US Dollar FTSE Protocol as his stock pick of the day.
"It's a structure product and is based on the US FTSE 100. It's an auto-call and that if the FTSE is flat or positive in year two and every year there after you get a 9,5% to US dollar pay-off. This is a new product and will only launch officially next week."
"It's a structure product and is based on the US FTSE 100. It's an auto-call and that if the FTSE is flat or positive in year two and every year there after you get a 9,5% to US dollar pay-off. This is a new product and will only launch officially next week."
