Insights

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

10 February 2026

Citadel Securities taps Morgan Stanley Apac EQD head

The equity derivatives veteran is set to join the US market maker to lead on the structured products front.

People: Salt promotes head of structuring and QIS

Also: BNPP taps Nomura EQD sales veteran in Asia; Deutsche Bank Private Bank adds new director to the investment management team to cover North Asia.

People

03 Feb 2026

21Shares appoints Stephen Coltman as head of macro

21Shares has added a senior macro specialist to its investment team as it continues to build out active portfolio management for its crypto exchange-traded product (ETP) business.

People

28 Jan 2026

People: Leonteq veteran steps down as co-head partner shifts to buy side

Also, BCGE bolsters structured products business; Raffles hires new MD for relationship management; France’s Inter Invest hires director of partnerships; and Goldman expands AWM franchise.

People

28 Jan 2026

Cboe beefs up top deck with exec appointments

While Scott Johnston has been appointed as executive vice president and chief operating officer, Heidi Fischer has been made the executive vice president, global head of equities and spot markets.

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Products

An in-depth review of the latest product launches.

Products

17 February 2026

Italy’s certificate volumes reach all time high

More than 60% of sales volumes was invested in capital protection products.

8AM partners with Idad to launch capital-protected model portfolio for advisers

The new product is targeted at pre-retirees, clients in drawdown and fiduciaries seeking growth without capital risk.

Products

17 Feb 2026

Leonteq leverages digital infrastructure to power AMC expansion

As AMCs gain traction across Switzerland and beyond, Leonteq is positioning this product at the centre of its growth strategy aimed at leveraging digital infrastructure, systematic strategies and cross-asset integration to capture rising demand from discretionary and quantitative managers.

Products

17 Feb 2026

Spotlight on… biggest SPX losers in 2025

We look at structured products issuance linked to the five worst-performing stocks within the S&P 500 in 2025 based on SRP data.

Products

13 Feb 2026

Product wrap: Goldman EMU multi-sector play, VLK triple Dutch cash bonanza

In this week’s wrap, we look at a selection of structured products with strike dates between 8-14 February 2026.

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Regulation

Updates and commentary on evolving market regulation.

Regulation

17 February 2026

Mintos applies for ECB banking licence

Mintos is pursuing a banking license to expand its services, enhance control over its infrastructure, and strengthen investor trust, with approval expected in 12 to 18 months.

ECB urges EU-wide oversight of large asset managers to reduce systemic blind spots

The regulator is calling for increased oversight of the EU’s largest asset managers, highlighting risks from their size, concentration and cross-border reach.

Regulation

16 Feb 2026

Korean regulator slashes penalties on banks over ELS irregularities

The final surcharge amount is about 15% lower than the FSS had pre-notified.

Regulation

11 Feb 2026

Taiwan regulator loosens structured notes targets for securities houses’ overseas entities

The regulatory proposal adds professional investors and entities as additional sales channels for the products issued by securities firms’ overseas subsidiaries.

Regulation

11 Feb 2026

SFC launches framework for leveraged crypto trading

The Hong Kong regulator has unveiled new measures to boost liquidity and product diversity in the country’s digital assets market with the aim of deepening trading activity while maintaining strong investor safeguards.

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Technology

Discover technological advances in the industry.

Technology

17 February 2026

Pimfa WealthTech and Morningstar invite fintech firms to AI challenge

The panel will assess business impact of shortlisted tools before winner’s presentation at May’s Morningstar Investment Conference the United Kingdom (UK).

Mariner, State Street to scale operations via Charles River platform

The partnership brings Charles River’s wealth platform to Mariner as it scales towards 5,000 advisers.

Technology

12 Feb 2026

Derivative Path, CloudMargin tie-up for collateral and derivatives integration

The partnership is aimed at enabling easy integration between Derivative Path’s DerivativeEDGE platform and CloudMargin’s collateral management platform.

Technology

11 Feb 2026

TP ICAP debuts electronic secondary market for US structured products

The British company has rolled out an electronic alternative trading system (ATS) in the US, a first for the structured notes market.

Technology

11 Feb 2026

WTW upgrades RiskAgility models with VM 22 capability

WTW has released a new version of its US Library models within RiskAgility Financial Modeler, adding full support for VM-22 requirements for life insurers.

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Market

Key industry events and change drivers.

Market

18 February 2026

Wedbush: structured products fuel new thematic ETF wave

ETFs are shifting from short-term proxies to core portfolio components, with structured strategies and liquid alternatives driving the next wave of innovation.

Lincoln expands IUL suite with vol-control indices

The insurance carrier has again opted for a suite of volatility-controlled indices by S&P DJI and Fidelity for its new indexed universal life (IUL) featuring full principal protection.

Market

EFG reports record profit amid rising inflows in 2025

EFG International achieved record net profit and asset growth in 2025, driven by increased assets under management, higher operating profit and disciplined risk controls.

Market

12h

Kurv expands ETF lineup with copper and mining income strategy

The product, listed on Cboe BZX, targets total return through copper-linked derivatives and call-writing.

Market

12h

Geopolitical uncertainty tops adviser concerns in Fidelity survey

The polls were commissioned during the Fidelity Toronto Vision hybrid event on 28 January and involved between 2,500-3,100 adviser responses.

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Data Insights

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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

18 February 2026

Germany Q4 2025: market cools but stays solid

After a strong Q3, the last quarter of 2025 saw volumes ease and issuance normalise. Market activity points to consolidation rather than weakness, with selective allocations, increased index exposure, and continued issuer concentration shaping the quarter.

Thailand Q4 2025: Kiatnakin Phatra claims top spot as sales surge 40%

Single stock- and benchmark index-linked notes record rising volumes.

Market Reviews

09 Feb 2026

Czech Republic Q4 2025: Natixis returns as market shifts to riskier products

The French bank made its first appearance on the SRP Czech database in almost nine years.

Market Reviews

04 Feb 2026

US December 2025: single shares gain momentum, Barclays slips out of top five

Investors edged further into capital-at-risk products throughout the year with vanilla callable fixed-rate note sales saw a 14% jump.

Market Reviews

30 Jan 2026

Hungary 2025: SG dominates, boosted by FX and ETF index

The French bank captured 60% of the Hungarian market, according to SRP data.

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Analysis

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

Analysis

18 February 2026

Analysis: probability shifts and pricing challenges in autocall products

Autocalls offer high headline yields and regular income, but their multi-maturity structure, volatility skew and early expiration probabilities make pricing and risk management complex for investors and issuers alike.

Spotlight on… Apac asset class and underlying sector trends in 2025

Worst-of-stocks and single stocks are favoured by Asian investors driven by the tech sector.

Analysis

12 Feb 2026

Fugit: measuring early exit risk in structured products

This seventh article takes a detailed look at the lesser known risk measure Fugit, a Latin term rather than a Greek one, but closely linked to the standard Greek measures.

Analysis