Latin America News

Monex structured product volumes buckle

Latin America | Industry

21 May 2021 by Lavanya Nair

The Mexican financial group has seen its sales of structured products in the retail market more than halved in the first quarter of 2021.

Brazil’s XP adds new themes via custom plays

Latin America | Products

14 May 2021 by Lavanya Nair

The firm has established a dominant footprint in domestic structured product markets over the past year and during the first quarter of 2021.

Scotiabank: adding corporate commitment to traditional ESG indicators

International | Products

12 May 2021 by Lavanya Nair

The Mexican arm of the Canadian investment bank has rolled out its first MXN-denominated structured note linked to the IndexAmericas, a corporate sustainability index developed by the Inter-American Development Bank (IDB) and commercialised by BNP Paribas.

Scotiabank Mexico debuts ESG structured note

Latin America | Products

30 Apr 2021 by Lavanya Nair

The Canadian Bank has introduced the first sustainable play in Mexico via a proprietary index.

Brazil Market Review, Q1 2021: portfolio diversification at the forefront

Latin America | Market Reviews

30 Apr 2021 by Martina Tsvetkova

The Brazilian structured market increased by nearly 37% in terms of issuance and by 10% in terms of volume in the first quarter of 2021 compared to the previous three months, SRP data shows.

Mexico Market Review, March 2021: USD/MXN remains strong as interest rates unchanged

Latin America | Market Reviews

30 Apr 2021 by Martina Tsvetkova

There were 482 new products worth a combined MXN23.9 billion (US$1.8 billion) listed on SRP’s Mexico database in March.

Mexico Market Review, February 2021: Forex volatility could offer good returns

Latin America | Market Reviews

23 Mar 2021 by Martina Tsvetkova

There were 483 striking products worth a combined MXN28.5 billion (US$1.4 billion) in the SRP Mexico database in February.

Monex retains lead in Mexico despite challenging year

Latin America | Industry

10 Mar 2021 by Lavanya Nair

The financial group suffered a 31% fall in issuance and a 20% decrease in sales with 960 structured products valued at MXN 49.2 billion (US$2.4 billion) during the fourth quarter of 2020, compared with 1,403 products in Q4 19 worth MXN 62.2 billion.

Exclusive: XP debuts commodities prop play via structured note

Latin America | Products

05 Mar 2021 by Lavanya Nair

Brazilian investment firm XP Investimentos is launching a COE (certificate of structured operations) linked to a customised commodity global exchange-traded fund (ETF).