Switzerland Market Review - February 2017

Structured products sales volumes in Switzerland in January declined by 32% on the year, with 821 products worth CHF1,058m (€990m) added to the SRP database, against sales of CHF1,303m (from 1,000 products) recorded in February last year. The Swiss Market Index (SMI) finished the month 3.06% higher than in January, with volatility closing at 13.37 basis points on the last trading day of the month, 5.82% lower than at the end of January. The Swiss franc was the preferred currency for issuance,