Global Banking & Finance Review is proud to announce that NagaWarrants by Kenanga
Global Banking & Finance Review is proud to announce that NagaWarrants by Kenanga Investment Bank has been awarded Excellence in Innovation – Best Warrants Issuer Malaysia 2024 in the 2024 Investment Banking Awards Category Of Global Banking & Finance Awards®. This accolade highlights NagaWarrants’ commitment to innovation and leadership in the Malaysian structured warrants market.
Global Banking & Finance Review’s prestigious awards honour the best banks and financial organizations around the globe. Since 2011, the Global Banking & Finance Awards® have honoured companies that stand out in particular areas of expertise in the banking and finance industry. The awards reflect the innovation, achievement, strategy, and progressive changes taking place within the global financial community.
Wanda Rich, Editor of Global Banking & Finance Review, commented: “NagaWarrants by Kenanga Investment Bank has set a new benchmark in the structured warrants market with their innovative approach and commitment to excellence. Their strategic use of advanced technologies and dedication to investor education have truly distinguished them in the industry. We look forward to seeing more from NagaWarrants by Kenanga Investment Bank in the future.
NagaWarrants has revolutionized the Malaysian structured warrants market with key innovations such as improved bid/offer liquidity, enhanced tick sensitivity, and reduced market-making latency. These enhancements ensure superior liquidity and closer tracking of underlying assets. Their predictive analysis using advanced data analytics aligns issuance plans with market sentiment and investor demand.
Philip Lim, Head of Group Equity Derivatives at Kenanga Investment Bank, commented on the award: “In the fiercely competitive financial arena, we are pleased to emerge as the Best Warrants Issuer of 2024 year-to-date. As a boutique investment bank, we thrive on defying expectations and setting new standards. With a dynamic team and agile strategies, we not only compete but excel, harnessing creativity to redefine and exceed industry benchmarks. As David used clever strategy to amplify his strengths to defeat Goliath, we punch above our weight class in the financial world. Our breakthrough technologies & creative marketing campaigns are testament to our determination to challenge the status quo. We commend the Global Banking And Finance team for their diligent fieldwork into South East Asia’s financial ecosystem and their acute recognition.”
About Kenanga Investment Bank Berhad
Established for 50 years, Kenanga Investment Bank Berhad is a leading financial group in Malaysia, with expertise in equity broking, investment banking, treasury, Islamic banking, listed derivatives, and more. The Group’s digital ambition includes products like Rakuten Trade and Kenanga Money. Kenanga has garnered numerous awards, reflecting its strong market position and commitment to innovation, digitalization, and sustainability.
Structured warrants are financial derivatives that give investors the right, but not the obligation, to buy or sell an underlying asset at a predetermined price before expiration.
Investment banking is a segment of the banking industry that helps individuals or organizations raise capital by underwriting or acting as an agent in issuing securities.
Liquidity refers to how easily an asset can be converted into cash without affecting its market price. High liquidity indicates a stable market.
Market-making involves providing liquidity to the market by being ready to buy and sell securities at any time, thus facilitating trading.
Investor education refers to the process of providing information and resources to help individuals understand financial markets and make informed investment decisions.
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