Both issuance and sales volumes in the US structured products market decreased in 2016, mainly as a result of the low interest rate environment combined with the low level of volatility that characterised the year. In the first half of 2016 there was less money available to reinvest as very few products with callable/auto callable structures were redeemed early because of the performance of the financial markets. Following a market revival after the Brexit and the US presidential elections in th

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