Four out of the five monthly best-sellers worth a combined US$334m were priced by Canadian banks on the same day.

In October, a total of US$11.5 billion notional was traded from 3,646 structured notes registered with the US Securities and Exchange Commission (SEC), a three percent increase month-on-month (MoM) or a 31.5% climb year-on-year (YoY), according to SRP data. As a result, the first 10 months of the year saw US$115.5 billion notional booked with approximately 35,000 issuances, representing US$3.3m per issuance on average. That translates to a 36.8% rise from the prior-year period when US$84.4 bill