This hybrid autocall structure was brought to the market in the late 2010s as a three to one autocall payoff type.
The autocall is the most ubiquitous product type and has achieved huge popularity across all structured products markets globally. Autocalls are not limited to single underlyings and “worst-of” constructions to achieve higher yield are very common There has always been innovation as the market tries to find new solutions for investors. Popular variations include different types of snowball and income products as well as various call schedules and levels. Most common are the leve