Insights

Industry Insights

Stay on top of the latest structured product market developments and trends with all major product, technology, legal and industry insights in one place.

People

See key hires and staffing changes.

People

11 July 2025

UBS Japan’s global markets co-head exits

The Swiss bank’s global markets unit in Japan will be led solely by the other divisional co-head on an ad-interim basis.

People: RBC hires CIBC equity derivatives sales veteran

Also, Marex adds Korea sales head; Hang Seng Bank taps StanChart's senior advisor; HSBC names a global head in wealth; Invesco promotes Apac sales.

People

08 Jul 2025

RBC taps Cacib in QIS structuring push

The latest appointment is part of RBC’s plan to build out its multi-asset strengths as a key strategic focus area for the bank’s global markets business.

People

03 Jul 2025

Huatai taps CICC WM’s trading head

The veteran trader has moved to the cross-town rival to oversee the trading of wealth management products, including structured products.

People

30 Jun 2025

People: SG-Forge’s head of sales shifts to Keyrock

Also, SEC names director of markets & trading division; Nasdaq appoints head of sales Europe at Nadaq; Esma appoints chairwoman, and more.

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Products

An in-depth review of the latest product launches.

Products

11 July 2025

Product wrap: autoswitch makes comeback in Belgium

In this week’s wrap we look at a selection of structured products with strike dates between 6-12 July 2025.

HK SFC reports 94% surge in unlisted structured products volume

The FY24/25 annual report released by the city’s financial watchdog highlights the increased issuance amount and number of authorised products for public offerings in the market.

Products

09 Jul 2025

Kenanga rolls out new Hang Seng warrants

The Malaysian bank is bolstering its product offering as part of its strategy to expand its footprint in East Asia.

Products

04 Jul 2025

Product wrap: Goldman tracks Morningstar eurozone index in France

In this week’s wrap we look at a selection of structured products with strike dates between 29 June and 5 July 2025.

Products

03 Jul 2025

Austrian volumes reach historic high as express certificates prosper

Express certificates recorded the highest MoM increase in May.

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Regulation

Updates and commentary on evolving market regulation.

Regulation

11 July 2025

SEC provides further clarify on crypto ETPs

The latest guidance covers a range of disclosures included in registration statements of crypto asset exchange-traded products (ETPs).

Eusipa wants structured products under SIA, Finance Europe umbrella

The European association believes structured products can encourage both long-term saving and targeted capital allocation.

Regulation

08 Jul 2025

Swiss association introduces label for trackers on non-tradable assets

Issuers must prominently label tracker certificates linked to non-tradable underlyings.

Regulation

07 Jul 2025

UKSPA aims at performance-based value for money testing

Following the recent Brexit reset trade agreement between the UK government and the EU, SRP caught up with the UK Structured products Association (UKSPA) to discuss the main items and initiatives driving the association’s agenda for the remainder of 2025.

Regulation

02 Jul 2025

MAS revamps product information documents, targets complex products

Singapore's financial regulator aims to highlight the key product features on the first page of the proposed product highlight sheets.

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Technology

Discover technological advances in the industry.

Technology

4 July 2025

Goldhorse inks deal with HK’s multi-family office

In the first half of 2025, the Hong Kong-based firm has seen approximately US$2.5 billion in structured product notional traded on its multi-issuer platform and launched actively managed certificates with minimum redemption features.

Swiss fintech rolls out AMC configurator

The platform is targeted at asset managers seeking to bring products to market on a shorter timeframe.

Technology

02 Jul 2025

Delta Capita deploys Elaris OTC in derivatives post-trade push

The new solution is aimed at ‘streamlining and modernising’ post-trade processes in OTC derivatives.

Technology

18 Jun 2025

SRP Apac 2025: using bionic advisory to build portfolios

Three senior market executives shed a light on ‘bionic advisory’ in wealth management to build deeper client relationships through artificial intelligence (AI) and technology.

Technology

09 Jun 2025

IVM Markets: high coupon rates don't equate to better performance

Fintech is seeking to change the buy-side’s point of sale narrative.

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Market

Key industry events and change drivers.

Market

9 July 2025

Bell Canada’s dividend cut raises concern over decrement index products

The telecom giant’s recent 56% dividend cut calls into question the wide use of decrement indices in Canada and France, particularly those on single stocks.

Latest: HSBC Life debuts gold-linked UL play in HK, SB pitches gold miners autocall in South Africa

The UK bank is offering exposure to the price of gold via an insurance product for the first time in Hong Kong; Standard Bank says gold-linked structured products can help with diversification; Premialab licenses QIS platform to German manager; and more.

Market

08 Jul 2025

Meritz Securities to debut Korea’s first ETNs on Japanese government bonds

The Seoul-based issuer plans to list four ETNs on 10-year Japanese government bonds, including leveraged and inverse products, on the Korea Exchange at the end of the month.

Market

07 Jul 2025

SRP Asia Pacific Awards 2025: BNP Paribas pushes cross-asset in Taiwan

The French bank was recognised as the “Best House, Taiwan” within the manufacturer category at the SRP Asia Pacific 2025 awards, revealed in Hong Kong SAR in mid-June.

Market

07 Jul 2025

SRP in brief: high tech

The latest product news, market reviews, people moves and regulatory updates from SRP’s news desk, which this week reported on several developments in the technology space.

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Data Insights

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Leverage SRP’s data analysis, backed by the world’s structured product database, for an in-depth view of the market’s key trends and dynamics.

Market Reviews

An in-depth view of market activity in some of the world’s most dynamic markets.

Market Reviews

4 July 2025

China Market Review, May 2025: investors shy away from EUR/USD exposure

Gold-linked products in China remain popular among retail investors while a number of risk control custom strategies were also deployed.

Hong Kong Market Review, May 2025: CATL becomes most-used underlying for derivative warrants

BYD and Pop Mart also led the underlying league table for derivative warrants, while the Hang Seng Index dominated for CBBCs.

Market Reviews

26 Jun 2025

Switzerland Market Review, April 2025: boost for yield enhancement as volatility spikes

Yield enhancement products reached a new high in April while demand for capital protection remained low.

Market Reviews

24 Jun 2025

UK Market Review, May 2025: autocalls reach seven-month high as risk tolerance increases

The month saw a significant shift to capital-at-risk products while autocall products reached their highest market share since November 2024.

Market Reviews

23 Jun 2025

South Korea Market Review, May 2025: capital protection sales up 70% YoY

Interest rate-linked DLBs gain traction. Korea Investment & Securities becomes the largest issuer across wrappers.

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Analysis

Explore key market themes backed by SRP’s proprietary analysis.

Analysis

11 July 2025

Spotlight – Europe Q1 2025 (part 3): issuance declines as rates-linked cap prot loses steam

The number of non-equity products with capital protection has decreased with non-protected participation gaining ground year on year.

Custom indices: dynamic strategies head-to-head

In this article we compare the characteristics and performance of two similar underlying strategies sold in the US market via structured products.

Analysis

08 Jul 2025

Q2 crash and rebound: only five percent of Nvidia-linked products at risk of loss

In this analysis, we explore how close yield enhancement autocallable products came to breaching their knock-in barriers or crossed them following the market correction and rebound earlier this year as a result of the new tariffs introduced by the US administration.

Analysis