Insights

Stories, insights and analysis of the major trends shaping structured products markets.

Latest Insights

Read the latest stories, insights and analysis of the major trends shaping structured products markets.

Market
J.P. Morgan: good time to sell volatility via autocalls
J.P. Morgan: good time to sell volatility via autocalls

J.P. Morgan has received the Best Hedge provider award for the third year in a row at the SRP Europe Awards 2025 on 18 March in London.

Market
CAIS launches capital markets for structured investments
CAIS launches capital markets for structured investments

The new division will offer structured notes as well as hedging and monetization strategies in a response to an increasing demand from US advisors.

Products
SIX new listings reach record high, AMCs continue to thrive
SIX new listings reach record high, AMCs continue to thrive

The Swiss exchange registered 15,500 new structured product listings in March, driven by leverage products which made up more than 90% of the total.

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Industry Insights

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Stay on top of the latest structured product market developments and trends with all major product, technology, legal and industry insights in one place.

People

See key hires and staffing changes.

People
People: J.P. Morgan veteran steps down

3 April 2025

People: J.P. Morgan veteran steps down

Also: HKEX’s former head of structured products departs; HSBC taps Deutsche Bank to lead North Asia private banking; Eurex consolidates activities; UBS appoints head of global investment management.

People
Exclusive: Singapore’s DBS capital markets products head exits

27 Mar 2025

Exclusive: Singapore’s DBS capital markets products head exits

The structured products veteran has returned to India to run a university endowment fund after over 10 years at the largest Singaporean bank.

People
People: former Marex head of North America sales re-emerges at Citi

12 Mar 2025

People: former Marex head of North America sales re-emerges at Citi

Also: Goldman adds structurer for US fixed index annuity; Citi’s listed structured product specialist shifts to crypto; CACIB’s Apac corporate structuring head relocates; former CS senior sales surfaces.

People
Barclays taps JPM sales co-head to lead flow derivatives for Americas

11 Mar 2025

Barclays taps JPM sales co-head to lead flow derivatives for Americas

The appointment aligns with the UK bank’s three-year plan to expand its market share in equity derivatives in the Americas.

People
Bank of Singapore taps ex-Citi head to lead investment solutions for HK

10 Mar 2025

Bank of Singapore taps ex-Citi head to lead investment solutions for HK

The industry veteran with background in structured product on the sell-side has joined the private bank to lead product and solutions strategy.

Products

An in-depth review of the latest product launches.

Products
SIX new listings reach record high, AMCs continue to thrive

15 April 2025

SIX new listings reach record high, AMCs continue to thrive

The Swiss exchange registered 15,500 new structured product listings in March, driven by leverage products which made up more than 90% of the total.

Products
JPM vehicles report expanded structured notes issuance in 2024

14 Apr 2025

JPM vehicles report expanded structured notes issuance in 2024

We look at theree structured product issuance entities under J.P. Morgan Chase & Co (JPM) for 2024.

Products
UK: MB Structured Investments aims at underlying diversification

11 Apr 2025

UK: MB Structured Investments aims at underlying diversification

The UK distributor of structured products has won the award for Best Performance, UK & Ireland, and Best Performance, UK, at this year's SRP Europe awards.

Products
Product wrap: Amundi, CA bank on European sovereignty via new Euronext index

11 Apr 2025

Product wrap: Amundi, CA bank on European sovereignty via new Euronext index

In this week’s wrap we look at a selection of structured products with strike dates between 6-12 April 2025.

Products
Bloomberg, RBC’s new vol target index deployed via annuity

10 Apr 2025

Bloomberg, RBC’s new vol target index deployed via annuity

The multi-asset index with a decrement overlay will be traded by SILAC's fixed index annuities (FIAs).

Regulation

Updates and commentary on evolving market regulation.

Regulation
Philippine regulator greenlights structured products for insurers

14 April 2025

Philippine regulator greenlights structured products for insurers

Structured notes, structured deposits, ETFs and mutual funds are among the investments products covered by the new rules.

Regulation
Esma consults on clearing derivative thresholds under new Emir framework

14 Apr 2025

Esma consults on clearing derivative thresholds under new Emir framework

The European Securities and Markets Authority (Esma), the EU’s financial markets regulator and supervisor, is asking for input on the new clearing thresholds under the review of the European Market Infrastructure Regulation (Emir 3).

Regulation
Eusipa highlights role of taxation on investment behaviour, market participation

08 Apr 2025

Eusipa highlights role of taxation on investment behaviour, market participation

The European industry is increasing its focus on the impact of national taxation regimes on investment flows.

Regulation
France: more than 99% of products deliver value, according to regulators

03 Apr 2025

France: more than 99% of products deliver value, according to regulators

The report launched by the AMF and ACPR is the result of a working group launched in 2024 to map the domestic structured products market following strong market growth between 2021 and 2023.

Regulation
Barclays beats two class actions over ETN issuance blunder

24 Mar 2025

Barclays beats two class actions over ETN issuance blunder

A US federal court has dismissed two lawsuits against Barclays for its unlawful issuances at US$17.7 billion in a final ruling.

Technology

Discover technological advances in the industry.

Technology
Vestr: growing AuM underscores scalability of AMC market

22 January 2025

Vestr: growing AuM underscores scalability of AMC market

The AMC market continues in a state of flux with an increasing number of players entering this segment across jurisdictions.

Technology
Australia’s Stropro gears up for capital raise for global expansion

23 Oct 2024

Australia’s Stropro gears up for capital raise for global expansion

The Sydney-based structured product investment platform makes key hires for its global push roadmap and develops AI-powered tools.

Technology
Arta deploys AI copilot, goes global

15 Oct 2024

Arta deploys AI copilot, goes global

The US digital wealth management platform has partnered with Abu Dhabi's Wio Invest to launch wealth-as-a-service for banks globally.

Technology
Korea’s Qraft Technologies capitalises on AI-powered strategies for asset allocations

14 Aug 2024

Korea’s Qraft Technologies capitalises on AI-powered strategies for asset allocations

The Seoul-based AI fintech firm has co-designed an AI-powered index with Solactive to replicate a hedge fund’s long-short investment strategy, which has been deployed via structured products sold in Korea.

Technology
Part 2 - 3AI: passive investing enters new phase as "intelligent" indices evolve

07 Aug 2024

Part 2 - 3AI: passive investing enters new phase as "intelligent" indices evolve

The UK AI company is "scientifically pioneering" the future of alpha intelligence for passive investing as well as developing new enhanced indices.

Market

Key industry events and change drivers.

Market
J.P. Morgan: good time to sell volatility via autocalls

15 April 2025

J.P. Morgan: good time to sell volatility via autocalls

J.P. Morgan has received the Best Hedge provider award for the third year in a row at the SRP Europe Awards 2025 on 18 March in London.

Market
CAIS launches capital markets for structured investments

5h

CAIS launches capital markets for structured investments

The new division will offer structured notes as well as hedging and monetization strategies in a response to an increasing demand from US advisors.

Market
Exclusive: Marex, WisdomTree partner in ETP-linked notes push

14 Apr 2025

Exclusive: Marex, WisdomTree partner in ETP-linked notes push

The two companies are seeking to expand the adoption of cryptocurrency investments leveraging the risk control features of structured products.

Market
SRP in brief: crash bang boom

14 Apr 2025

SRP in brief: crash bang boom

The market turbulence triggered by the new tariffs imposed by the US government put the focus firmly on structured products last week.

Market
Digital assets: Cboe readies launch of Cboe FTSE BTC index futures

11 Apr 2025

Digital assets: Cboe readies launch of Cboe FTSE BTC index futures

New Cboe FTSE Bitcoin index futures planned to launch on 28 April 2025, subject to regulatory review.

Data Insights

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Leverage SRP’s data analysis, backed by the world’s structured product database, for an in-depth view of the market’s key trends and dynamics.

Market Reviews

An in-depth view of market activity in some of the world’s most dynamic markets.

Market Reviews
Hong Kong Market Review, March 2025: listed products up, Nvidia dominates ELI issuance

15 April 2025

Hong Kong Market Review, March 2025: listed products up, Nvidia dominates ELI issuance

Xiaomi-linked derivative warrants gained visibility, while the Hang Seng Index remained the most-traded asset.

Market Reviews
South Korea Market Review, March 2025: ELS sales recover

09 Apr 2025

South Korea Market Review, March 2025: ELS sales recover

Sales of capital-at-risk ELS rose 50% YoY in March, yet analysts warn more sales could shift to principal-protected structures as the tightened regulatory distribution rules introduced recently start to bite.

Market Reviews
UK Market Review, February 2025: stable issuance, record returns

31 Mar 2025

UK Market Review, February 2025: stable issuance, record returns

A callable deposit plan linked to the FTSE 100 returned 62% growth over its investment term – the highest return on any UK structured deposit in almost 10 years.

Market Reviews
Hungary: moving towards riskier solutions

28 Mar 2025

Hungary: moving towards riskier solutions

Nine issuers were active in 2024 in a market that is edging increasingly towards capital-at-risk products.

Market Reviews
Switzerland Market Review, February 2025: JB closes issuer ranking gap, CHF-denominated products flourish

28 Mar 2025

Switzerland Market Review, February 2025: JB closes issuer ranking gap, CHF-denominated products flourish

Yield enhancement products remained the go-to product type for the Swiss investors in February, increasing its market share to 91%.

Analysis

Explore key market themes backed by SRP’s proprietary analysis.

Analysis
Spotlight Europe 2024 (part 2): renewed interest for decrement

11 April 2025

Spotlight Europe 2024 (part 2): renewed interest for decrement

In the second part of our review of the European structured products market in 2024, we look at a data-driven overview of key trends observed across asset classes and underlyings.

Analysis
Spotlight Europe 2024: record-breaking sales growth

21 Mar 2025

Spotlight Europe 2024: record-breaking sales growth

The European market has tripled since 2020 with sales reaching an estimated US$254.1 billion in 2024.

Analysis
Greeks: Vega – a crucial parameter for effective dynamic hedging

19 Mar 2025

Greeks: Vega – a crucial parameter for effective dynamic hedging

FVC’s Tim Mortimer looks at the role of Vega, or sensitivity to the volatility level.

Analysis
Spotlight on… Apac payoff trends in Q4 and 2024

14 Mar 2025

Spotlight on… Apac payoff trends in Q4 and 2024

Autocall sales have extended their dominance in Asia Pacific while FX lifted the sales volume of digital structures. Sales of Korean capital at risk autocalls plunge.

Analysis
Spotlight: exploring industry sector index trends (2022-2024)

21 Feb 2025

Spotlight: exploring industry sector index trends (2022-2024)

The geographic exposure to sectors has shifted significantly toward Emea between 2022 and 2024, while America's prominence has declined.

Special Reports

Our special reports provide in-depth analysis and actionable insights on emerging trends and market dynamics. Each report is meticulously researched, offering valuable perspectives that help you stay informed with access to exclusive data and expert commentary.

SRP Global Market Overview & Europe Market Overview 2024
SRP Global Market Overview & Europe Market Overview 2024

The SRP Global Market Overview & Europe Market Overview 2024 provides an extensive analysis of structured product markets worldwide, highlighting key trends in capital protection, equity-linked products, and regional sales performance.

SRP Index Report 2025: Market Cap & Industry Sectors
SRP Index Report 2025: Market Cap & Industry Sectors

Indexing remains a driver of activity and innovation as well as issuance and sales in the global structured products market.

SRP Wrapper Guide Americas 2024
SRP Wrapper Guide Americas 2024

The SRP Wrappers Report Americas 2024 provides an in-depth analysis of the structured investment product wrappers across key markets in the Americas, highlighting regional trends, regulatory developments, and market performance.