The US structured notes market reached a historic high at US$149.4 billion in 2024, up 46% from the previous year.
The gross sales, or traded notional, comprise US$139.9 billion registered with the US Securities and Exchange Commission (SEC) and US$9.5 billion unregistered, known as 3(a)(2) or Regulation S programmes, according to SRP data with actual volume for each product. Sales of registered notes gained 28.3% from 2023 when the volume crossed the US$100 billion mark for the first time. US: structured products sales by year* *All sales are actual gross sales volume in the primary market So