Germany, Italy and Switzerland stood out as growth markets during the third quarter of 2025.
The European structured products market delivered a solid performance in Q3 2025, with total sales volumes reaching US$87 billion from 136,000 products . Sales volumes increased by 47% year-on-year (YoY), while the number of products grew by 57%. The latter points to a market driven by issuance rather than ticket size, with sales collected largely supported by a higher number of products. Europe: issuance and sales volumes (US$m) by quarter Source: SRP Specific market performance in Q3 2025