Despite a drop in sales QoQ, certificate volumes in Q1 2024 were the second highest recorded for a single quarter since 2019.

Turnover for investment certificates sold on the Italian primary market reached €6.5 billion (US$6.9 billion) in the first quarter of 2024, according to the latest figures released by the Italian association for certificates and investment products ( Associazione Italiana Certificati e Prodotti di Investimento – Acepi ). This result demonstrates continuity of the bullish market trend that began as early as mid-2021 Sales were down 19% compared to the historical high reached in Q4

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