Swiss Derivative Awards 2026

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  Susan Niederhöfer
  Chefredakteurin

From artificial intelligence to copper: innovative investment solutions honored at the Swiss Derivative Awards 2026

On March 26, the best structured products in Switzerland were honored for the 21st time. Nine issuers were among the lucky winners and received the coveted trophies at the festive ceremony in the AURA event hall in Zurich.

Als Co-Veranstalter führten payoff, Lucht Probst Associates und SIX Swiss Exchange durch den traditionellen Jahreshöhepunkt der Branche für Strukturierte Produkte. Rund 280 Gäste aus dem In- und Ausland folgten der Einladung, um der Preisverleihung beizuwohnen und sich im Anschluss bei der Feier auszutauschen.

The best products were honored in seven product categories. In addition, the leading banks were honored for their service quality in the area of “Structured Products”. Depending on the category, the Swiss Derivative Awards are based on a combination of quantitative and qualitative analyses and recognize genuine innovative achievements in particular.

The jury and the audience honored the following products and their issuers:

SHARE PRODUCT

• Winners: Société Générale, Phoenix Double-Up Worst of on Broadcom, Alphabet and Amazon, ISIN CH1444813088
• Nominated: Swissquote Bank, Tracker Certificate on Swissquote Cancer Fighters Index, ISIN CH1345423755
• Nominated: Bank Julius Baer, Range Warrant on Lonza, ISIN CH1452830099

RAW MATERIAL PRODUCT

• Winner: Leonteq Securities, capital protection certificate on copper, ISIN CH1349988787
• Nominated: Vontobel, Tracker Certificate on Solactive Rare Earth & Minerals Index, ISIN CH1470283412
• Nominated: UBS, Autocall Twin-Win Certificate on WTI Crude Oil Front Month Futures, ISIN CH1485428952

INDEX PRODUCT – SPONSORED BY SIX

• Winner: Bank Julius Baer, Tracker Certificate on JB Next Generation Cloud Computing & AI Index, ISIN CH0591004947
• Nominated: Bank Julius Baer, Range Warrant on SMI, ISIN CH1452829976
• Nominated: Vontobel, Tracker Certificate on Solactive Advanced Humanoid Robotics, ISIN CH1427004473

PRECIOUS METAL / CURRENCY / INTEREST RATE PRODUCT

• Winner: Zürcher Kantonalbank, capital protection certificate with participation on USD/CHF exchange rate, ISIN CH1492836916
• Nominated: Zürcher Kantonalbank, Tracker Certificate on “Traceable Gold”, ISIN CH0506577433
• Nominated: Banque Cantonale Vaudoise, “Gold Certificate Optimized Income” portfolio, ISIN CH1462946281

PRODUCT ON ALTERNATIVE UNDERLYINGS

• Winner: Leonteq Securities, ETP+ on Adaptive All Season Index, ISIN CH1325436132
• Nominated: Leonteq Securities, YieldETP+ on Tesla 110% Covered Call Index, ISIN CH1447745113
• Nominated: Swissquote Bank, Tracker Certificate on Swiss Real Estate Portfolio Index, ISIN CH1282379200

PRODUCT ON ACTIVE UNDERLYING – SPONSORED BY VESTR

• Winner: Maverix Securities, Tracker Certificate on Golden Lakshya (Small & Mid Cap India) Index, ISIN CH1413565974
• Nominated: Bank Julius Baer, Tracker Certificate on JB Next Generation Extended Longetivity NTR Index, ISIN CH1123380110
• Nominated: Banque Cantonale Vaudoise, Tracker Certificate on JB Next Generation Extended Longetivity NTR Index, ISIN CH1432022965

BEST ESG PRODUCT

• Winner: Swissquote Bank, Tracker Certificate on Swissquote Impact Index, ISIN CH1236309501
• Nominated: Vontobel, Tracker Certificate on Circular World Index, ISIN CH0515591003
• Nominated: Leonteq Securities, ETP+ on GGX Sustainable Dynamic Leaders Europe Index, ISIN CH1171793453

INNOVATION AWARD

• Winner: SSPA Benchmark Index (SSPA)

The Innovation Award, presented for the second time, went to the SSPA Benchmark Index. The Swiss industry association launched this index on September 2, 2025, providing a transparent and consistent framework for assessing the performance of structured products for the first time. This is a further step towards improving the transparency and comparability of structured products for investors.
sspa.ch/performance

SPECIAL AWARD

• Winner: “znüni – the stock market talk: talk first, then act!” (Podcast with Serge Nussbaumer and Roman Przibylla)

The jury has decided to present a Special Award again this year. The award goes to the Swiss stock market podcast “znüni – der Börsentalk: Erst reden, dann handeln!” with Serge Nussbaumer and Roman Przibylla. The two financial experts have been talking about developments on the markets in their weekly podcast since 2022. In addition to shares, bonds and ETFs, the focus is particularly on structured products. The podcast is now a permanent fixture in the Swiss financial center and reaches around 20,000 listeners per week, who learn in a practical way how these products can be sensibly integrated into their portfolios.
znüni.rocks

THE BEST MARKET MAKERS

Fair prices on the secondary market are a key element of a good investment product for investors. In the area of leveraged products, the Bank Julius Baer once again took first place as best market maker. The issuer is characterized by consistent quality in the pricing of its issues in the secondary market on SIX Structured Products. Luzerner Kantonalbank took first place in the investment products category for the sixth time in a row.

TOP SERVICE – For the best

The issuers’ services were evaluated on the basis of the criteria of quality of term sheets, brochures and customer magazines, derivatives website, market making, investor survey and pricing.

• Lucerne Cantonal Bank
• Raiffeisen Switzerland
• Vontobel
• Leonteq Securities

RESEARCH AWARD – SPONSORED BY SSPA

The best academic works (master’s theses, doctoral theses and papers) on derivatives and structured products.

• Winner: Dr. Leander Gayda, “Retail Traders Love 0DTE Options … But Should They?”; part of the author’s dissertation at the University of Münster; co-authors: Heiner Beckmeyer and Nicole Branger
• Awarded: Anian Roppel, “Option-implied lower bound beliefs and the impact of negative interest rates”; part of the author’s dissertation at the Karlsruhe Institute of Technology; co-authors: Nils Unger and Marliese Uhrig-Homburg
• Awarded: Niklas Käfer, “Options on Drugs: Industry Exposure and Option Anomalies”; part of the author’s dissertation at the University of St. Gallen

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Jury
The president of the jury is Prof. Dr. Marc Oliver Rieger (University of Trier). Other jury members are Ülkü Cibik (Counsel at MLL Legal), Olga Miler (Economist & Financial Innovator at SmartPurse), Sarah Agostini (Chief of Staff CCO Office at Lucht Probst Associates), Sébastien Neukom (Head Structured Products Sales at), Nicolas Peter (Managing Partner at Aquila Investment Partner), Abdel Hamidouche (Structured Products Advisor at Lombard Odier) and Peter Keller (Head Operations & Standards at SSPA).