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

1 December 2025

Marex ramps up hedging solutions with first hire in HK

The British financial services provider is expanding its hedging solutions which sits in the same division as the structured notes business.

Vontobel names co-heads of structured products and treasury

The Swiss structured products provider has announced a leadership shift in its solutions and treasury business as industry veterans named co-heads of SST division.

People

27 Nov 2025

People: Natixis US EQD sales director departs

Also, Wells Fargo names new head of investment products; Standard Chartered North Asia investment advisory head takes up a new role; and more.

People

27 Nov 2025

KRWQ names ex-LayerZero Labs exec as new COO

The Korean won stablecoin KRWQ has tapped finance and blockchain veteran Dave Shin as its new chief operating officer.

People

27 Nov 2025

SEC investor advocate to depart in Jan 2026

Firvida led research on registered index-linked annuities and advanced disclosure reforms for retirement investors.

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Products

An in-depth review of the latest product launches.

Products

1 December 2025

Swiss turnover up 18% YoY, reverse convertibles drive investor demand

Turnover for structured products increased by 18% YoY with reverse convertibles once again the top-selling products.

Heartland enters FIA market with vol control indices

The Kansas City, MO-based insurer has brought its first fixed index annuity (FIA) featuring two volatility-controlled indices.

Products

28 Nov 2025

Product wrap: Citi tracks MerQube highlanders’ basket, Goldman targets MSCI multi-asset play

In this week’s wrap we look at a selection of structured products with strike dates between 23-29 November 2025.

Products

28 Nov 2025

Global X launches Dax covered call ETF

The strategy aims to deliver income through selling at-the-money options on German equities.

Products

27 Nov 2025

BSW: express certificates deliver for risk-averse investors

Only four products from a sample of over 12k express certificates achieved a negative return.

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Regulation

Updates and commentary on evolving market regulation.

Regulation

1 December 2025

Korean regulator penalises banks over alleged ELS mis-selling

The combined amount of fines and penalties is expected to reach about KRW2 trillion (US$1.45 billion).

MAS tightens capital treatment for structured products after review

The new regime introduces granular loading factors, stricter reliance on external ratings and a 100% default charge for complex instruments, aligning insurers’ capital requirements more closely with product risk.

Regulation

27 Nov 2025

Nasdaq seeks SEC approval on increased IBIT options limits

The proposal aims to fulfil a rising demand for ‘hedging vehicles and income-generating strategies’ on the largest Bitcoin ETF.

Regulation

27 Nov 2025

Abaxx gets regulatory approval to serve US derivatives trading community

The registration will allow US-based futures commission merchants, brokers and trading firms to directly access Abaxx Exchange’s markets.

Regulation

27 Nov 2025

FTSE Russell wins French regulator's nod for EU index continuity

FTSE Russell wins crucial French AMF authorisation to maintain EU index usability past the deadline.

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Technology

Discover technological advances in the industry.

Technology

1 December 2025

Nomura partners with OpenAI to enhance asset management capabilities

Nomura has entered a strategic collaboration with OpenAI to integrate advanced generative artificial intelligence (AI) technology into its asset management and research processes.

Frost Bank partners with Derivative Path to modernise derivatives platform

The bank will implement DerivativeEDGE, a cloud-based solution from Derivative Path, to manage its over-the-counter derivatives business.

Technology

25 Nov 2025

iCapital deploys blockchain for alternative investments

iCapital has employed a distributed ledger technology (DLT) solution to streamline alternative investments with Morgan Stanley Wealth Management onboarded as an anchor participant.

Technology

25 Nov 2025

Morningstar integrates AI-ready data with Microsoft platforms

The Integration offers entitlement-based access to Morningstar’s research within Microsoft AI tools.

Technology

25 Nov 2025

BlackRock, AccessFintech partner on post-trade efficiency

BlackRock has madea strategic investment in AccessFintech as it integrates Aladdin and accelerates post-trade data sharing.

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Market

Key industry events and change drivers.

Market

1 December 2025

Goldman acquires provider of structured ETFs

The bank’s asset management business will add US$28 billion in assets under supervision (AuS) and one of the ETF industry’s largest lineups of defined outcome ETFs.

SRP in brief: SEC logs a surge of filings

The SEC is occupied with increasing activities around crypto assets.

Market

MSCI reports record AuM for index-linked products

More than 600 structured products linked to MSCI indices had a strike date in Q3 2025, according to SRP data.

Market

Deka lists ETF tracking defence index on European exchanges

Deka Investment listed an European defence exchange-traded fund (ETF), offering exposure to the region's rapidly growing defence spending.

Market

BIS flags rising hedge fund leverage in sovereign debt as systemic risk

Rising public debt and the growing role of non-bank financial institutions (NBFIs) pose potential risks to financial stability.

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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

27 November 2025

China October 2025: issuance of retail structured deposits declines, AUD/USD gains momentum

Issuances dropped sharply in October, hitting their lowest point of the year.

UK October 2025: Barclays dominates, Atlantic House fund hits £2.5 billion in AuM

Almost three-quarters of the products on offer were linked to the FTSE 100 index.

Market Reviews

20 Nov 2025

Thailand Q3 2025: FX rates-linked notes shine, Tesla leads single stock exposures

Siam Commercial Bank topped the issuer’s league table in Q3 with higher stock basket sales.

Market Reviews

19 Nov 2025

Ireland Q3 2025: Davy leads the way with BNPP green bond

The wealth managers ESG offer was one of few highlights in an otherwise slow quarter.

Market Reviews

18 Nov 2025

Hong Kong, October 2025: listed products’ issuance heads north

Alibaba leads as the most-used asset for warrant issuances, while Hua Hong Semiconductor advances to the top five list. Nvidia is the most popular underlying for ELIs.

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