During the past five years four different wrappers have been used in the US market.

The US structured products market has gone from strength to strength in recent years. In 2023, the market was worth a record US$120 billion – an increase of five percent by sales volume YoY and up almost 100% compared to 2019, when US$60.3 billion worth of structured products sold. The market continued its progress in 2024, as by 30 June sales had reached around US$82.5 billion – just under 70% of last year’s total. Issuance was also on the up, increasing by more than 70% sinc

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