In the second quarter of 2026, aggregate data from SeDeX, Cert-X and Vorvel confirmed the Italian certificates market that is still expanding, with a broader product offering, new listings at high levels and trading volumes remaining above those recorded a year earlier.
At the end of June, the number of structured products listed on the SeDeX, Cert-X and Vorvel exchanges reached 40,409, up 4.5% compared to the first quarter of 2026 and an increase of almost 20% year-on-year (YoY), according to the Italian association for certificates and investment products ( Associazione Italiana Certificati e Prodotti di Investimento – Acepi). Growth continued to be driven by leverage products, which rose to 27,878 instruments, up 5.3% quarter-on-quarter (QoQ) and an i