Some 2,230 structured products worth $6.2 billion were added to the SRP USA database in September.
The products came from 20 different distributors and were an increase, both in issuance (+28.5%) and sales volume (+29.2%), from the structures added during the same month in 2019. Nine hundred and sixty-six products matured during the month releasing $3.37 billion back onto the market for reinvestment. The year 2020 to date has been successful for structured products, according to Shikha Jindal, director and head of structured product distribution at Barclays, speaking at the virtual SRP Ame
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