The steady rise of listed products over the course of the last decade has attracted the interest of an increasingly large investment audience.

Financial products and service providers and growing numbers of institutional and retail investors are using different listed wrappers to take advantage of their tradability, overall transparency, and low ownership cost. Depending on the jurisdiction, listed products may also be benefit from tax advantages. Exchange-traded funds (ETFs) have been the main driver of activity and volumes within the broader exchange-traded product (ETP) universe as measured by flows, but the listed structured

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