With the SRP Europe Conference due next month, we take a closer look at how the European market fared during in 2021. In part one we highlight the main markets, issuers and underlyings.

Some 38,160 publicly offered structured products worth an estimated US$77.1 billion were issued on the primary market in Europe during 2021 – an increase of 10% in sales volumes compared to the previous year (FY2020: US$70.2 billion from 55,482 products). The year started of slowly, with sales volumes in the first quarter – at an estimated US$16.3 billion – down 24% year-on-year (YoY). However, the following three quarters each reported a positive trend, with the highest sales

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