Autocall sales have extended their dominance in Asia Pacific while FX lifted the sales volume of digital structures. Sales of Korean capital at risk autocalls plunge.
The Athena structure, also known as growth autocallables, saw its regional market sales soaring by nearly 37% year-on-year (YoY) to an estimated US$11.3 billion in Q4 2024 in the Asia Pacific (Apac) ex-China region, SRP data shows. The latest volumes boosted the regional market share of this payoff type to 15% in the three months ended December driven by increased sales in Taiwan compared to 13% in the prior year’s period. Asia Pacific ex-China: payoffs in Q4 2022, Q4 2023 and Q4 2024 ma