South Africa Market Review - July to September 2013

Six products with an estimated sales volume of ZAR121m ($12m) were added to the South African database during the third quarter of the year, three less than during the second quarter. Compared to the equivalent quarter last year, the South African structured products market is less active in terms of both issuance and volumes sold. During the third quarter of last year, eleven new products were added with an estimated sales volume of around ZAR396m ($48m). Excludes: Private Banking, Leverage,