Trading volumes for certificates were up more than 90% in September driven by 100% capital protection products which registered a 4.9-fold MoM increase
Outstanding volumes for structured certificates sold to Austrian retail investors reached €15.4 billion (US$16.6 billion) in September – up €141.6m or 0.9% compared to August, according to the latest figures released by the Austrian certificate association ( Zertifikate Forum Austria or ZFA). On the one hand, we are in the middle of an interest rate turnaround, while on the other hand profit expectations for companies vary greatly depending on the industry and location - Frank