The market’s traded notional surpassed US$100 billion for the first nine months.

In September, a total of US$11.1 billion notional was traded from 3,216 structured notes registered with the US Securities and Exchange Commission (SEC), which was a 18.4% decline month-on-month (MoM) or a 34.9% increase year-on-year (YoY), according to SRP data. The issuance volume was at the same level as seen in January and lower than the monthly average at US$11.6 billion for the first nine months. Approximately 54.6% of the notional, or US$6.1 billion, went to growth products while the re