We look at the activity around structured product in the US, Mexico and Brazil markets during the last quarter based on SRP data.
Despite a slowdown in September, the SEC-registered structured note market finished the third quarter with a record notional issued at US$37.1 billion compared to US$32.7 billion for the second quarter and US$28.3 billion YoY. J.P. Morgan retained the lion’s share with US$5.6 billion collected from approximately 2,000 issuances from July to September, constituting 15.3% of the market. Top five issuers of SEC-registered structured notes for Q3 2024 Source: SRP By underlying type