Payoffs of 2019: reverse convertibles hold tight

Issuers favoured the reverse convertible payoff the most in 2019 with 57,928 products covering US$124 billion sold. This was followed by the worst of option with 45,636 products worth US$118,6 billion; the knock out with 42,034 at US$235,4 billion; the protected tracker with 20,208 with US$78,6 billion sold; the digital with 8,844 at US$45,9 and the capped call with 7,580 instruments sold at US$33,9, respectively. This year’s top five payoffs maintained their positions from 2018. Nonethel