Eighty-five percent of volumes was invested in products putting full capital-at-risk while Merrill Lynch issued its first public offers in the region since Q4 2013.
An estimated US$510m was collected from 256 publicly offered structured products that struck during the fourth quarter of 2025 in the four Nordic countries covered by SRP (Denmark, Finland, Norway and Sweden). Sales volumes increased by 31% compared to the previous quarter; year-on-year (YoY) they fell by 26% (Q4 2024: US$680m). Issuance was up by 37 products quarter-on-quarter (QoQ) but was down 74 YoY. Two hundred and four products were available for trading on an exchange. Of these, 93 we