The SEC is occupied with increasing activities around crypto assets.

The US financial regulator is seeking feedback about the Nasdaq International Securities Exchange's (ISE) request of a loosened option trading rule on iShares Bitcoin Trust ETF (IBIT) in a response to the exchange’s projected continuing growth in the segment.

In collaboration with Vest Financial, First Trust has become the 6th ETF provider that has either introduced or filed for their autocallable offering over the last five months. The duo are set to launch their first autocallable ETF - the FT Vest Autocallable Barrier & High Income ETF, according to an SEC filing.

J.P. Morgan has planned to issue a leveraged structured note tied to BlackRock’s iShares Bitcoin Trust ETF (IBIT).

Heartland National Life Insurance Co has rolled out Secure Retirement Fixed Indexed Annuity (FIA) offering two volatility-controlled index accounts in the US. This is the Kansas City, MO-based firm’s debut index-linked offering built on its multi-year guaranteed annuity (MYGA) shelf which went live two years ago.

Athene USA is set to introduce Amplify 3.0, a Rila that offers accumulation potential with wider buffer rates options, according to its filing to the SEC. The new product does not include the Shiller Barclays CAPE US Mid-Month Sector TR Net Index, which is currently available through Athene’s Amplify 2.0 Rila since January 2022.

At Natixis corporate & investment banking (CIB), Sarah LaConte has parted ways after less than two years where she was tasked to re-build up the bank’s equity derivatives sales for the US market.

Defined outcome ETFs are projected to more than quadruple over a five-year period, reaching over US$334 billion in assets by 2030, in an optimistic scenario, according to a joint whitepaper by Cerulli Associates and Innovator Capital Management.

Europe

Global X has launched the first ETF tracking an at-the-money (ATM) covered call strategy on the DAX benchmark, designed to offer low-cost and systematic exposure to a portfolio of German equities that also generates income from selling options.

For the UK, almost three quarters of the products on offer were linked to the FTSE 100 index in October. An estimated £130m (US$170m) was collected from 74 publicly offered structured products for the month, our UK Market Review, Oct 2025 shows.

Leverage Shares has listed triple-leveraged long and short exchange-traded products (ETPs) on Bitcoin and Ethereum on SIX Swiss Exchange, becoming a new issuer on the bourse.

In a webinar co-hosted by SRP, Actively Managed Certificates: A Practical Look, brought together industry leaders to explore the evolving AMC market centring on automation and innovation.

Van Lanschot Kempen (VLK) has issued the 115% Capped Index Guarantee Note Eurozone 25-32 as a public offer in the Netherlands. The independent Dutch wealth manager is targeting clients who have not invested in structured products before with its first publicly offered capital protection product since February.

Vega Investment Managers (Vega IM) is stepping up its ambition in the structured funds space, introducing a new wave of capital-protected and formula-based solutions that blend traditional protection features with active portfolio management.

Investments in express certificates lead to a significant reduction in risk compared to a direct investment, according to an analysis by Prof. Dr. Christian Koziol, head of the chair of finance at the Eberhard Karls University of Tübingen.

Asia

The Monetary Authority of Singapore (MAS) has issued its response to market participants’ proposals to revise the capital treatment of structured products and infrastructure investments for insurers. The changes are expected to take effect on 31 March 2026.

Trading activity on the Singapore Exchange’s product platforms jumped in October, with ETFs recording average daily turnover of S$49.4m (US$37.9m), up 26% month on month and 93% year-on-year, according to the bourse.

Taiwan’s KGI Securities has started issuing over the counter (OTC) equity options, making it the country’s first domestic firm to tap into such business in a bid to serve as a hedging tool for retail investors’ portfolios.

BNP Paribas Wealth Management saw the structured products traded notional in Asia surge by over 50% year-on-year so far in 2025, Kin Kei Wai, head of structured products for Asia, told SRP. The wealth manager is seeking to capitalise on AI themes and eyes diversification of underlying exposures.

Image: Stockphotopro/Adobe Stock

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