The US index provider is responding to demand from the IUL, Rila and structured products markets and has set sight on the European single index decrement market
Nasdaq is a top 5 provider of indices in the structured products market with more than 27.5K live products (excluding flow products) featuring Nasdaq indices solely or as part of a basket worth an estimated US$116.2 billion. We are expanding our sales, product development and research teams to meet continued demand for our strategies - Richard Macari SRP data shows a 229% increase in product issuance linked to Nasdaq indices from 2023 when there were 3,138 products worth US$US$6.6 bill