Insights

Stories, insights and analysis of the major trends shaping structured products markets.

Latest Insights

Read the latest stories, insights and analysis of the major trends shaping structured products markets.

Products
SIX listings continue upward trajectory
SIX listings continue upward trajectory

New listings of structured products increased by almost 60% YoY in the first six months of 2025.

Market
Digital assets: Nasdaq Nordic expands crypto ETP listing criteria
Digital assets: Nasdaq Nordic expands crypto ETP listing criteria

Also, first US ETF with Solana exposure and staking rewards debut; Fineqia issues Bitcoin yield ETP in Vienna exchange; Valour enters SIX Swiss Exchange as a new Crypto ETP issuer.

Regulation
Update: Swiss association introduces label for trackers on non-tradable assets
Update: Swiss association introduces label for trackers on non-tradable assets

Issuers must prominently label tracker certificates linked to non-tradable underlyings.

View more

Industry Insights

View Industry Insights )

Stay on top of the latest structured product market developments and trends with all major product, technology, legal and industry insights in one place.

People

See key hires and staffing changes.

People
People: JB names global head of structured products, InspereX bolsters RIA market coverage

16 July 2025

People: JB names global head of structured products, InspereX bolsters RIA market coverage

Also, head of flow rates sales Emea at Nomura in London departs after five years; iCapital bolsters global technology strategy, infrastructure and product development across the platform; Premialab appoints senior product specialist to focus on quantitative and multi-asset investment strategies; and more.

People
UBS Japan’s global markets co-head exits

11 Jul 2025

UBS Japan’s global markets co-head exits

The Swiss bank’s global markets unit in Japan will be led solely by the division's other co-head on an ad-interim basis.

People
People: RBC hires CIBC equity derivatives sales veteran

10 Jul 2025

People: RBC hires CIBC equity derivatives sales veteran

Also, Marex adds Korea sales head; Hang Seng Bank taps StanChart's senior advisor; HSBC names a global head in wealth; Invesco promotes Apac sales.

People
RBC taps Cacib in QIS structuring push

08 Jul 2025

RBC taps Cacib in QIS structuring push

The latest appointment is part of RBC’s plan to build out its multi-asset strengths as a key strategic focus area for the bank’s global markets business.

People
Huatai taps CICC WM’s trading head

03 Jul 2025

Huatai taps CICC WM’s trading head

The veteran trader has moved to the cross-town rival to oversee the trading of wealth management products, including structured products.

Products

An in-depth review of the latest product launches.

Products
SIX listings continue upward trajectory

17 July 2025

SIX listings continue upward trajectory

New listings of structured products increased by almost 60% YoY in the first six months of 2025.

Products
Marex debuts cobalt-linked structured ‘cash-and-carry’ note

18h

Marex debuts cobalt-linked structured ‘cash-and-carry’ note

The new product will extract value from the price difference between the spot and future in the form of a guaranteed coupon.

Products
Canadian manager debuts 0DTE ETFs

16 Jul 2025

Canadian manager debuts 0DTE ETFs

The exchange-traded fund (ETF) utilises zero days to expiration (0DTE) options to provide income, in a first for the Canadian market.

Products
Update - Exclusive: Jefferies files first spot crypto structured note in US

16 Jul 2025

Update - Exclusive: Jefferies files first spot crypto structured note in US

The non-bank issuer is poised to price the first structured note of its kind in the US tomorrow as Bitcoin price hits another record high.

Products
Amundi deploys risk control structured fund in HK

15 Jul 2025

Amundi deploys risk control structured fund in HK

This capital protected fund is available to retail investors in Hong Kong and offers the opportunity to partially capture the potential upside in the US stock market.

Regulation

Updates and commentary on evolving market regulation.

Regulation
Update: Swiss association introduces label for trackers on non-tradable assets

17 July 2025

Update: Swiss association introduces label for trackers on non-tradable assets

Issuers must prominently label tracker certificates linked to non-tradable underlyings.

Regulation
SEC provides further clarify on crypto ETPs

11 Jul 2025

SEC provides further clarify on crypto ETPs

The latest guidance covers a range of disclosures included in registration statements of crypto asset exchange-traded products (ETPs).

Regulation
Eusipa wants structured products under SIA, Finance Europe umbrella

10 Jul 2025

Eusipa wants structured products under SIA, Finance Europe umbrella

The European association believes structured products can encourage both long-term saving and targeted capital allocation.

Regulation
UKSPA aims at performance-based value for money testing

07 Jul 2025

UKSPA aims at performance-based value for money testing

Following the recent Brexit reset trade agreement between the UK government and the EU, SRP caught up with the UK Structured products Association (UKSPA) to discuss the main items and initiatives driving the association’s agenda for the remainder of 2025.

Regulation
MAS revamps product information documents, targets complex products

02 Jul 2025

MAS revamps product information documents, targets complex products

Singapore's financial regulator aims to highlight the key product features on the first page of the proposed product highlight sheets.

Technology

Discover technological advances in the industry.

Technology
Goldhorse inks deal with HK’s multi-family office

4 July 2025

Goldhorse inks deal with HK’s multi-family office

In the first half of 2025, the Hong Kong-based firm has seen approximately US$2.5 billion in structured product notional traded on its multi-issuer platform and launched actively managed certificates with minimum redemption features.

Technology
Swiss fintech rolls out AMC configurator

03 Jul 2025

Swiss fintech rolls out AMC configurator

The platform is targeted at asset managers seeking to bring products to market on a shorter timeframe.

Technology
Delta Capita deploys Elaris OTC in derivatives post-trade push

02 Jul 2025

Delta Capita deploys Elaris OTC in derivatives post-trade push

The new solution is aimed at ‘streamlining and modernising’ post-trade processes in OTC derivatives.

Technology
SRP Apac 2025: using bionic advisory to build portfolios

18 Jun 2025

SRP Apac 2025: using bionic advisory to build portfolios

Three senior market executives shed a light on ‘bionic advisory’ in wealth management to build deeper client relationships through artificial intelligence (AI) and technology.

Technology
IVM Markets: high coupon rates don't equate to better performance

09 Jun 2025

IVM Markets: high coupon rates don't equate to better performance

Fintech is seeking to change the buy-side’s point of sale narrative.

Market

Key industry events and change drivers.

Market
Digital assets: Nasdaq Nordic expands crypto ETP listing criteria

17 July 2025

Digital assets: Nasdaq Nordic expands crypto ETP listing criteria

Also, first US ETF with Solana exposure and staking rewards debut; Fineqia issues Bitcoin yield ETP in Vienna exchange; Valour enters SIX Swiss Exchange as a new Crypto ETP issuer.

Market
Samsung Securities lowers ETN commission fee

16 Jul 2025

Samsung Securities lowers ETN commission fee

The Korean brokerage house is charging a 0.03% for online US stock trading fee, which applies to its range of ETFs and ETNs.

Market
StanChart posts double-digit growth in structured products sales in Asia

15 Jul 2025

StanChart posts double-digit growth in structured products sales in Asia

The British bank sees investors’ risk appetite divided following the heightened market volatility triggered by the US tariffs in early April.

Market
Korean regulator bolsters investor protection amid ELS mis-selling scandal

14 Jul 2025

Korean regulator bolsters investor protection amid ELS mis-selling scandal

The increased investor assessment and the change in product description order for high-difficulty financial investment products are among regulator’s targets.

Market
Latest: iCapital aims big after landing US$820m funding, Halo rolls out new wealth module

14 Jul 2025

Latest: iCapital aims big after landing US$820m funding, Halo rolls out new wealth module

Also, Halo expands to deliver holistic portfolios to advisers aligned with client’s unique goals; GenTwo doubles AuS with assetization platform; Eurex expands derivatives suite with first futures on MSCI Korea; and more.

Data Insights

View Data Insights )

Leverage SRP’s data analysis, backed by the world’s structured product database, for an in-depth view of the market’s key trends and dynamics.

Market Reviews

An in-depth view of market activity in some of the world’s most dynamic markets.

Market Reviews
Sweden Market Review, Q2 2025: Danske back after three-year absence

17 July 2025

Sweden Market Review, Q2 2025: Danske back after three-year absence

An estimated SEK 1.93 billion (US$198m) was collected from 142 products that struck on the Swedish market in Q2 2025, according to SRP data.

Market Reviews
South Korea Market Review, June 2025: autocall sales reach six-month high, DLBs in focus

16 Jul 2025

South Korea Market Review, June 2025: autocall sales reach six-month high, DLBs in focus

ELS records a sales recovery, while DLBs’ volumes surge 79% year-on-year.

Market Reviews
Finland market review Q2 2025: autocalls issuance up 20%, Danske Bank returns

15 Jul 2025

Finland market review Q2 2025: autocalls issuance up 20%, Danske Bank returns

The Finnish market has seen a pick-up in autocall activity as well as the return of Danske Bank after several years of absence and Natixis going up on the country’s issuers league table.

Market Reviews
China Market Review, May 2025: investors shy away from EUR/USD exposure

04 Jul 2025

China Market Review, May 2025: investors shy away from EUR/USD exposure

Gold-linked products in China remain popular among retail investors while a number of risk control custom strategies were also deployed.

Market Reviews
Hong Kong Market Review, May 2025: CATL becomes most-used underlying for derivative warrants

03 Jul 2025

Hong Kong Market Review, May 2025: CATL becomes most-used underlying for derivative warrants

BYD and Pop Mart also led the underlying league table for derivative warrants, while the Hang Seng Index dominated for CBBCs.

Analysis

Explore key market themes backed by SRP’s proprietary analysis.

Analysis
Spotlight – Europe Q1 2025 (part 3): issuance declines as rates-linked cap prot loses steam

11 July 2025

Spotlight – Europe Q1 2025 (part 3): issuance declines as rates-linked cap prot loses steam

The number of non-equity products with capital protection has decreased with non-protected participation gaining ground year on year.

Analysis
Custom indices: dynamic strategies head-to-head

09 Jul 2025

Custom indices: dynamic strategies head-to-head

In this article we compare the characteristics and performance of two similar underlying strategies sold in the US market via structured products.

Analysis
Q2 crash and rebound: only five percent of Nvidia-linked products at risk of loss

08 Jul 2025

Q2 crash and rebound: only five percent of Nvidia-linked products at risk of loss

In this analysis, we explore how close yield enhancement autocallable products came to breaching their knock-in barriers or crossed them following the market correction and rebound earlier this year as a result of the new tariffs introduced by the US administration.

Analysis
Europe Q1 2025 (part 2): equities remain dominant

04 Jul 2025

Europe Q1 2025 (part 2): equities remain dominant

Equity underlyings continued to dominate the structured products landscape in Europe during the first quarter of 2025.

Analysis
Europe Q1 2025: higher sales driven by Swiss recovery

27 Jun 2025

Europe Q1 2025: higher sales driven by Swiss recovery

In the first quarter of 2025, the European market achieved a strong rebound in both issuance and sales volumes.

Special Reports

Our special reports provide in-depth analysis and actionable insights on emerging trends and market dynamics. Each report is meticulously researched, offering valuable perspectives that help you stay informed with access to exclusive data and expert commentary.

SRP Index Report 2025: ESG, Thematic & Decrement
SRP Index Report 2025: ESG, Thematic & Decrement

In the second chapter of the latest SRP Index report, we delve into the growing role of thematic and ESG indices within the structured products market. A significant focus of this chapter is the integration of decrement and risk control overlays in ESG and thematic indices. 

SRP Global Market Overview & Europe Market Overview 2024
SRP Global Market Overview & Europe Market Overview 2024

The SRP Global Market Overview & Europe Market Overview 2024 provides an extensive analysis of structured product markets worldwide, highlighting key trends in capital protection, equity-linked products, and regional sales performance.

SRP Index Report 2025: Market Cap & Industry Sectors
SRP Index Report 2025: Market Cap & Industry Sectors

Indexing remains a driver of activity and innovation as well as issuance and sales in the global structured products market.