Korea’s ELS sales remain robust despite falling markets

The sales volume of structured products in South Korea at the end of May stood at KRW9 trillion (US$7.6 billion), according to Korea Securities Depository data. This is a tad lower from the KRW9.1 trillion reached in April but higher than the level recorded during the same period of last year when dealers went through one of their busiest periods in recent years. ELS sales have been on an upward trend this year after a drastic drop in December 2018, which marked the worst December since the Gre