Five hundred and fifty-eight products from four distributors had their strike date in Mexico in September.
The structures amassed a combined MXN26 billion (US$1.23 billion), a nearly 18% increase in terms of volume compared to August. The average volume per product grew by 19%: from MXN39.32m in August to MXN46.7m in September. Eighty-four products (MXN6.5 billion) that struck during the month were wrapped as warrants. This product type is on the rise in Mexico as it provides an alternative to currency-linked notes and opens the market to a variety of underlyings and structures. Year-over-year, war
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