Structured product issuance remained concentrated in a small group of indices and Spanish equities, with clear leadership from the Ibex 35.
Spain’s primary exchange operator Bolsas y Mercados Españoles (BME)'s trading activity for structured products reached a total traded volume of approximately €19.7m (US$23.2m) in April, down from €34.6m in traded volume in March. Equity indices continued to dominate trading activity by volume By the end of April, the platform hosted 4,182 tradable instruments, with 2,650 listings admitted since the beginning of the year, the firm said. BME noted that equit