We review the most featured underlying assets in the structured products issued year-to-date (YTD) across the US, Canada and Latin American markets, based on SRP data.
US The first 10 months of the year saw US$115.7 billion notional booked from 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 billion was amassed from north of 28,000 new products. The S&P 500 index , which has climbed 24.17% to 5,889.1 YTD, accounts for 4,900 issued products worth US$24.7 billion as the most favoured single index underlier. The notional accounted for 23.8% of the market, c