In this analysis we look at the barrier risk through two of the most significant single-stock underlyings in the structured products market: Nvidia and Roche.
The objective of the analysis is to highlight how the barrier positioning and Greek exposures differ between a high-volatility growth stock and a defensive blue-chip stock. As of 27 August 2025, the SRP database lists 13,783 live barrier products linked to Nvidia, representing US$22.3 billion of outstanding notional (about nine percent of all the notional linked to stocks). In parallel, there are 10,313 products linked to Roche, with US$5.6 billion outstanding (roughly 2.3%). Their promi