Belgian trade body reports high level of secondary market activity in 2017
The Belgian Structured Investment Products Association (Belsipa) has reported primary market sales of structured products reached €1.4bn in the fourth quarter of 2017, an increase of 33% compared to Q3 2017 while being largely stable compared to the same period in 2016 (-1%). The turnover on the secondary market accounted for €1bn, up 16% from the previous quarter and up 8% compared with year end quarter 2016. The total amount invested in structured products at the end of 2017 stood at €32.3bn, a 1% decrease quarter-on-quarter and a 4% decrease year-on-year, according to the trade body.
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