Can-Do Futures and Options

Can-Do Options are derivative products that give investors the advantages of listed derivatives with the flexibility of “over the counter” contracts. Investors can negotiate the terms of an Options contract, choosing the underlying asset as well as the expiry date.

Benefits

• Flexibility of over the counter contracts
• Security of listed contracts, there is no counter party risk
• Investors can choose the contract expiry date, it does not have to be the specified close-out dates
• Investors can choose the underlying asset, for example a basket of shares instead of a single stock or index

Who should use this product?

• This is a wholesale product. The minimum nominal underlying value needed in order to list is R10 million.

How to use this product?

• Funds can refine and coordinate hedging strategies by selecting a specific business day as the contract expiry date