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.

Market
Risk control indices struggle as whiplash effect bites
Risk control indices struggle as whiplash effect bites

Sudden spikes in volatility have made it difficult for risk control strategies used in the structured products market to adapt.

Market
Barclays deploys vol control with participation in Japan
Barclays deploys vol control with participation in Japan

The UK bank’s latest public offering note is aimed at capitalising rising demand for ‘capital protection and upside participation from Japanese investors.

Market Reviews
Slovakia Market Review, Q2 2025: FX rates, digitals on top
Slovakia Market Review, Q2 2025: FX rates, digitals on top

Products linked to FX rates captured 90% market share in Q2 2025.

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: BMO adds QIS specialist to markets business, MSCI bolsters index derivatives team

7 August 2025

People: BMO adds QIS specialist to markets business, MSCI bolsters index derivatives team

Also, TIS enhances platform's infrastructure; former head of structured products at Raiffeisen Centrobank shifts to buy-side; Nomura invests in rates business; and more.

People
J.P. Morgan launches global structuring team

06 Aug 2025

J.P. Morgan launches global structuring team

The US investment bank is seeking to align its ‘strategic priorities’ and ‘critical client segments’.

People
SocGen promotes Apac head of global markets

01 Aug 2025

SocGen promotes Apac head of global markets

The French bank’s head of global markets for Asia Pacific is set to replace Cecile Bartenieff, who will lead the bank’s mobility and international retail banking and financial services.

People
People: InspereX bets on technology, UBS hires new head of ETF and index fund sales

31 Jul 2025

People: InspereX bets on technology, UBS hires new head of ETF and index fund sales

US fixed income and structured investments distribution and trading firm InspereX has appointed Ira Lehrman as chief technology officer.

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

16 Jul 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.

Products

An in-depth review of the latest product launches.

Products
Best performing products Europe H1 2025: Goldman’s sprinter beats autocalls

11 August 2025

Best performing products Europe H1 2025: Goldman’s sprinter beats autocalls

SRP reviews some of the best-performing products across European markets in the first half of the year.

Products
Best-selling products US H1 2025: Jefferies hits jack pot, fixed rate callables dominate

08 Aug 2025

Best-selling products US H1 2025: Jefferies hits jack pot, fixed rate callables dominate

SRP reviewed some of the best-selling products across in the US market in the first half of 2025.

Products
Product wrap: SG deposit offers autocall on US rates in UK

08 Aug 2025

Product wrap: SG deposit offers autocall on US rates in UK

In this week’s wrap we look at a selection of structured products with strike dates between 3-9 August 2025.

Products
Korea’s DLB outstanding sustains upward trajectory

07 Aug 2025

Korea’s DLB outstanding sustains upward trajectory

A higher number of DLS and DLB issuances shifted to private placement in the first half of 2025, accounting for roughly 70% of the volumes.

Products
Product wrap: MS tracks Kepler transatlantic index, BNPP offers CLN on high-yield firms

01 Aug 2025

Product wrap: MS tracks Kepler transatlantic index, BNPP offers CLN on high-yield firms

In this week’s wrap we look at a selection of structured products with strike dates between 27 July and 2 August 2025.

Regulation

Updates and commentary on evolving market regulation.

Regulation
Esma Ucits reform heightens due diligence on ‘complex’ structured products

29 July 2025

Esma Ucits reform heightens due diligence on ‘complex’ structured products

Asset managers will be required to undertake strict due diligence to verify and document the underlying securities used in Ucits funds, especially when using complex structured products and derivatives

Regulation
US regulation: uncertain tax policies, potential tariff impacts and evolving bank rules

22 Jul 2025

US regulation: uncertain tax policies, potential tariff impacts and evolving bank rules

The latest industry webinar on the US structured investment product landscape provided critical insights into market trends, regulatory priorities and future expectations.

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

17 Jul 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 clarity on crypto ETPs

11 Jul 2025

SEC provides further clarity 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.

Technology

Discover technological advances in the industry.

Technology
Technology: moving beyond standard transactions with optimal selection networks

5 August 2025

Technology: moving beyond standard transactions with optimal selection networks

The partnership between IVM Markets and ASN Tech brings together two fintech startups seeking to beat the Death Valley curve and leverage their capabilities to push their growth plans.

Technology
Exclusive: ASN Tech, IVM Markets partner in AI-driven basket optimisation push

04 Aug 2025

Exclusive: ASN Tech, IVM Markets partner in AI-driven basket optimisation push

The two fintech companies have teamed up to leverage artificial intelligence across pre-trade activity.

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

04 Jul 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.

Market

Key industry events and change drivers.

Market
Risk control indices struggle as whiplash effect bites

12 August 2025

Risk control indices struggle as whiplash effect bites

Sudden spikes in volatility have made it difficult for risk control strategies used in the structured products market to adapt.

Market
Barclays deploys vol control with participation in Japan

6h

Barclays deploys vol control with participation in Japan

The UK bank’s latest public offering note is aimed at capitalising rising demand for ‘capital protection and upside participation from Japanese investors.

Market
HSBC Life rolls out IUL in Singapore with multi-asset risk control play

7h

HSBC Life rolls out IUL in Singapore with multi-asset risk control play

The life insurance arm of HSBC has enhanced its IUL offering in Singapore following its initial launch last year.

Market
Transamerica enters HK indexed universal life market

11 Aug 2025

Transamerica enters HK indexed universal life market

The insurer is expanding the business line from Singapore to Hong Kong SAR on the back of a loosened regulatory environment.

Market
Janus Henderson expands indexed annuity offering

11 Aug 2025

Janus Henderson expands indexed annuity offering

The asset manager is growing its presence in the US indexed annuity market with a range of proprietary indices.

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
South Korea Market Review, July 2025: HSCEI Leveraged Index returns to ELS market, DLBs boom

08 Aug 2025

South Korea Market Review, July 2025: HSCEI Leveraged Index returns to ELS market, DLBs boom

Interest rate-linked products continue to gain traction, led by the three-month Korea Treasury Bond as the most-sold underlying for DLBs.

Market Reviews
Czech Republic Market Review, Q2 2025: investors switch to autocalls as risk appetite increases

07 Aug 2025

Czech Republic Market Review, Q2 2025: investors switch to autocalls as risk appetite increases

Products featuring the autocall payout captured almost 60% market share in Q2 2025, up from 22% in the prior year period.

Market Reviews
Switzerland Market Review, June 2025: sales up 67% YoY

06 Aug 2025

Switzerland Market Review, June 2025: sales up 67% YoY

The growth was driven by yield enhancement products which represented 96% of the total sales volumes.

Market Reviews
Hong Kong Market Review, June 2025: Labubu maker Pop Mart, CATL ELI gain visibility

31 Jul 2025

Hong Kong Market Review, June 2025: Labubu maker Pop Mart, CATL ELI gain visibility

Pop Mart was also the most-featured underlying for derivative warrants listed on the exchange in June

Analysis

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

Analysis
Spotlight on… Apac’s asset classes and underlying trends in H1

01 Aug 2025

Spotlight on… Apac’s asset classes and underlying trends in H1

The use of single stock structures was favourable in Hong Kong SAR; short tenor products remained popular in the first half of the year.

Analysis
Spotlight on … global market trends – steady growth

25 Jul 2025

Spotlight on … global market trends – steady growth

The global structured products market remains in good shape and has more than doubled since 2020 with sales reaching an all-time high in 2024.

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

11 Jul 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.

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.

Tariffs and Structured Products: A Market in Transition
Tariffs and Structured Products: A Market in Transition

Gain exclusive insight into how the structured products industry is responding to new market uncertainty.

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.