J.P. Morgan dominates sales of structured notes as Canadian banks claim best-sellers.
In December, a total of US$11.9 billion notional amount was booked from 3,534 structured notes registered with the US Securities and Exchange Commission (SEC), down 4.9% from November but a 53.4% leap year-on-year (YoY), SRP data shows. As a result, the year of 2024 saw US$142.0 billion notional collected from around 42,000 issuances , translating to US$3.35m per trade on average. The volume represented another all-time high, reflecting a 41.7% rise from 2023 when the SEC-registered structured