Best at electronic warrants services
Commerzbank
Commerzbank's warrants web offering scored three and a half times more than its closest competitor in the Euromoney poll. The bank has dedicated websites for each of the seven major European markets that it covers.
The sites are packed with tools that help users to identify the particular warrant that best meets their needs, enabling them to compare warrants offered by competitors too, something that many of its competitors do not do provide.
The advanced suite of tools includes calculators, a scenario analyzer that shows how the price of the warrant is affected by changes in the underlying equity, and an advanced search facility that enables users to search by numerous criteria including delta and implied volatility.
The sites even include a hedging tool, which helps users to identify the best warrant to buy if they expect the price of the underlying to fall, and a cash extraction tool that suggests a warrant position that can be used by the investor to replace a cash position.