More than 95% of the outstanding volumes were linked to investment products.
Open interest for structured products sold to retail investors in Germany reached €109.0 billion (US$122 billion) at the end of September 2026 – their highest levels since end-March 2024, according to the latest figures released by the German association for structured securities ( Bundesverband für Strukturierte Wertpapiere or BSW). Volumes registered a modest 0.6% increase compared to end-June 2026; year-on-year (YoY) they were up by 2.2% (end-September 2025: €106.7 billi