The Mexican financial group continues to rank as the most prolific issuer group in its domestic structured products market.
Monex Grupo Financiero recorded MXN53.2 billion (US$2.6 billion) in sales across 1,126 products during the third quarter of 2021, compared with MXN45.8 billion for 1,096 products in the previous year. SRP data shows that Monex has consistently held on to the top spot on the league tables over the past year, reaching MXN49 billion (960 products) in sales volumes during the final quarter of 2020. This figure then increased by 15% in the first quarter of 2021 with sales amounting to MXN56.4 billi