The structured products cognoscenti never tire of exclaiming the virtues of the market in Germany, and why should they. Products gorge onto the various stock exchanges (yes, there are more than one and they are fully functioning and ambitious), all sorts of underlyings are aplenty, tenors serve speculators and pension holders, investors read documentation, and it's a tough market to get into because it is so well served. And there's more. After various hiccups when there were two, there is now

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