The UK structured product market has been staunchly loyal to the FTSE 100 as its most common underlying for many years.
Many markets around the world also stick to benchmark indices recognisable to their investors. In the US market, the S&P 500 is the most popular index but the Russell 2000 and Nasdaq 100 have significant usage to represent mid-caps and tech stocks respectively. In Europe, markets used to divide along country lines with the DAX in Germany and CAC in France but following the advent of the Euro over twenty years ago the Euro Stoxx and other pan European indices have steadily established a domin
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