Products linked to a basket of indices significantly increased their market share as the autocall remained the number one payoff.
An estimated £157m (US$197.5m) was collected from 75 publicly offered structured products with strike dates in October, according to SRP data. Sales volumes increased by 15% compared to September when £137m was gathered from 68 products; year-on-year (YoY) volumes were up 16%. The average monthly volume for 2024 year to date is £139m. The number of new products increased by seven month-on-month (MoM) and by 14 YoY (October 2023: 61). On average, 72 products have been issued p