--- _id: '4561' abstract: - lang: eng text: We exploit a unique sample of structured financial products (SFPs) to analyze pricing and issuance dependencies among different types of such market‐linked investment vehicles. Our study provides evidence of cross‐pricing between products with complementary payoff profiles. Such dependencies may be explained by issuers’ efforts to generate order flow for products that supplement their current SFP risk exposure. Additionally, we observe issuance patterns in line with the argument that issuers exploit the complementarity payout profiles when bringing SFPs to market. Our study emphasizes cross‐pricing from a perspective not previously considered in the literature. article_type: original author: - first_name: Matthias full_name: Pelster, Matthias id: '67265' last_name: Pelster orcid: ' https://orcid.org/0000-0001-5740-2420' - first_name: Andrea full_name: Schertler, Andrea last_name: Schertler citation: ama: Pelster M, Schertler A. Pricing and issuance dependencies in SFP portfolios. Journal of Futures Markets. 2019;39(3):342-365. doi:10.1002/fut.21978 apa: Pelster, M., & Schertler, A. (2019). Pricing and issuance dependencies in SFP portfolios. Journal of Futures Markets, 39(3), 342–365. https://doi.org/10.1002/fut.21978 bibtex: '@article{Pelster_Schertler_2019, title={Pricing and issuance dependencies in SFP portfolios}, volume={39}, DOI={10.1002/fut.21978}, number={3}, journal={Journal of Futures Markets}, author={Pelster, Matthias and Schertler, Andrea}, year={2019}, pages={342–365} }' chicago: 'Pelster, Matthias, and Andrea Schertler. “Pricing and Issuance Dependencies in SFP Portfolios.” Journal of Futures Markets 39, no. 3 (2019): 342–65. https://doi.org/10.1002/fut.21978.' ieee: M. Pelster and A. Schertler, “Pricing and issuance dependencies in SFP portfolios,” Journal of Futures Markets, vol. 39, no. 3, pp. 342–365, 2019. mla: Pelster, Matthias, and Andrea Schertler. “Pricing and Issuance Dependencies in SFP Portfolios.” Journal of Futures Markets, vol. 39, no. 3, 2019, pp. 342–65, doi:10.1002/fut.21978. short: M. Pelster, A. Schertler, Journal of Futures Markets 39 (2019) 342–365. date_created: 2018-10-01T11:45:28Z date_updated: 2022-01-06T07:01:10Z ddc: - '330' department: - _id: '186' - _id: '578' doi: 10.1002/fut.21978 file: - access_level: closed content_type: application/pdf creator: bange date_created: 2019-02-06T13:06:50Z date_updated: 2019-02-06T13:06:50Z file_id: '7566' file_name: Pelster 2019 SFP.pdf file_size: 1658836 relation: main_file success: 1 file_date_updated: 2019-02-06T13:06:50Z has_accepted_license: '1' intvolume: ' 39' issue: '3' jel: - G12 - G13 - G14 - G24 keyword: - cross‐pricing - discount certificate - hedging - issuance decisions - put warrants - structured financial products language: - iso: eng page: 342-365 publication: Journal of Futures Markets publication_status: published status: public title: Pricing and issuance dependencies in SFP portfolios type: journal_article user_id: '21810' volume: 39 year: '2019' ...