A record-breaking month in the US as sales of structured products surpassed the $10 billion barrier for the first time.
Some 3,107 structured products worth $10.7 billion had strike dates in September – the highest ever monthly sales volume, according to SRP data. Sales were up 35% year-on-year (YoY) and up nine percent from the previous high of $9.9 billion (from 3,105 products) registered in March 2022. As of 30 September, $72.9 billion has been invested in 24,258 structured products sold in the US market. By comparison, the ETFs industry in the US gathered $25.9 billion in net inflows during September
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