Nordea became the number one issuer in a quarter that saw more than 75% of all volumes invested in capital-at-risk products. Morgan Stanley entered top three issuer ranking.
An estimated US$455m was collected from 216 publicly offered structured products that struck during the third quarter of 2025 in the four Nordic countries covered by SRP (Denmark, Finland, Norway and Sweden). Sales volumes decreased by 33% compared to the previous quarter; year-on-year (YoY) they were stable (Q3 2024: US$445m). Issuance fell by 77 products quarter-on-quarter (QoQ) and was down 17 YoY. Nordic markets: issuance & sales by quarter (US$m) Source: SRP Some 63% of the total