Product issuance increased by less than two percent in October, compared to the previous month, with 1,332 products issued in the retail segment. Sales volumes, at KRW7.17 trillion (US$6.19 billion) were up six percent from September.
This comes as distributors are trying to bring some stability to the market, after the misselling scandals from the previous months, by issuing more products, and especially products that are not connected to the scandal – which were derivative-linked securities (DLS). One hundred and one products were withdrawn early in October as they did not manage to attract enough sales, a 27% increase compared to September. Equity-linked securities (ELS) featuring the Eurostoxx 50, Hang Seng China E