Insights

Stories, insights and analysis of the major trends shaping structured products markets.

Latest Insights

Read the latest stories, insights and analysis of the major trends shaping structured products markets.

People
People: Salt promotes head of structuring and QIS
People: Salt promotes head of structuring and QIS

Also: BNPP taps Nomura EQD sales veteran in Asia; Deutsche Bank Private Bank adds new director to the investment management team to cover North Asia.

Products
Product wrap: Haspa, Goldman SX5E collab, Citi tracks MerQube single stock decrement basket
Product wrap: Haspa, Goldman SX5E collab, Citi tracks MerQube single stock decrement basket

In this week’s wrap, we look at a selection of structured products with strike dates between 1-7 February 2026.

Market
Spotlight on… top SPX gainers in 2025
Spotlight on… top SPX gainers in 2025

Issuers ditched AI hardware for Robinhood’s rollercoaster last year.

View more

Industry Insights

View 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
People: Salt promotes head of structuring and QIS

6 February 2026

People: Salt promotes head of structuring and QIS

Also: BNPP taps Nomura EQD sales veteran in Asia; Deutsche Bank Private Bank adds new director to the investment management team to cover North Asia.

People
21Shares appoints Stephen Coltman as head of macro

03 Feb 2026

21Shares appoints Stephen Coltman as head of macro

21Shares has added a senior macro specialist to its investment team as it continues to build out active portfolio management for its crypto exchange-traded product (ETP) business.

People
People: Leonteq veteran steps down as co-head partner shifts to buy side

28 Jan 2026

People: Leonteq veteran steps down as co-head partner shifts to buy side

Also, BCGE bolsters structured products business; Raffles hires new MD for relationship management; France’s Inter Invest hires director of partnerships; and Goldman expands AWM franchise.

People
Cboe beefs up top deck with exec appointments

28 Jan 2026

Cboe beefs up top deck with exec appointments

While Scott Johnston has been appointed as executive vice president and chief operating officer, Heidi Fischer has been made the executive vice president, global head of equities and spot markets.

People
InspereX bolsters RIA, private markets arms with senior appointments

28 Jan 2026

InspereX bolsters RIA, private markets arms with senior appointments

The firm said that the hires form part of its plan to expand distribution capabilities through 2026.

Products

An in-depth review of the latest product launches.

Products
Product wrap: Haspa, Goldman SX5E collab, Citi tracks MerQube single stock decrement basket

6 February 2026

Product wrap: Haspa, Goldman SX5E collab, Citi tracks MerQube single stock decrement basket

In this week’s wrap, we look at a selection of structured products with strike dates between 1-7 February 2026.

Products
Mayer Brown: transparency and regulation must be at the core of AMC activity

05 Feb 2026

Mayer Brown: transparency and regulation must be at the core of AMC activity

As actively managed certificates expand beyond their niche origins, Mayer Brown argues that transparency, rigorous documentation and clear regulatory positioning will determine whether the structure’s growing popularity could invite regulatory pushback.

Products
Autocalls harness volatility premium to beat equity risk-return ratios, study finds

03 Feb 2026

Autocalls harness volatility premium to beat equity risk-return ratios, study finds

The outperformance is most pronounced at lower observation frequencies.

Products
UBP Asia’s structured product volumes surge 90%

03 Feb 2026

UBP Asia’s structured product volumes surge 90%

The Swiss private bank sees its participation solution segment quadruple as investors chase long equity exposure and yield, with US tech and fixed income driving growth across the region.

Products
ING debuts fee-free crypto ETNs in Germany

03 Feb 2026

ING debuts fee-free crypto ETNs in Germany

The move reflects growing demand for regulated, bank-backed crypto exposure as competition heats up across Europe.

Regulation

Updates and commentary on evolving market regulation.

Regulation
Luxembourg regulator allows limited crypto exposure in Ucits funds

6 February 2026

Luxembourg regulator allows limited crypto exposure in Ucits funds

Luxembourg’s financial regulator has, for the first time, clarified that Ucits funds may gain limited indirect exposure to crypto assets under defined conditions, marking a cautious shift in its regulatory approach.

Regulation
Ondo files US SEC registration, adds platform for non-US users

05 Feb 2026

Ondo files US SEC registration, adds platform for non-US users

The filing with the US regulator aims to provide issuer-level disclosures for all investors in Ondo Global Markets tokenised products globally, while Ondo Perps lets global non-US users trade perpetual futures on leading US stocks and exchange-traded funds (ETFs) 24/7 with leverage.

Regulation
AMF sets standards for retail structured product marketing

04 Feb 2026

AMF sets standards for retail structured product marketing

The study was aimed at making the structured products distributed to French retail investors clearer and easier to understand.

Regulation
Nomura’s Laser Digital files application to launch US National Trust Bank

03 Feb 2026

Nomura’s Laser Digital files application to launch US National Trust Bank

The proposed entity aims to offer custody and spot trading of digital assets, plus custody of US government securities.

Regulation
Korea regulator hits securities houses over HSCEI ELS mis-selling

02 Feb 2026

Korea regulator hits securities houses over HSCEI ELS mis-selling

The latest fines come a month after the regulator fined local banks over the improper sales case on HSCEI-linked ELS.

Technology

Discover technological advances in the industry.

Technology
SBI Holdings, Startale launch blockchain-based trading platform

6 February 2026

SBI Holdings, Startale launch blockchain-based trading platform

The platform aims to build Asia’s exchange-layer infrastructure for tokenised securities and onchain real-world assets (RWAs) through 24/7 spot and derivatives trading markets.

Technology
Ripple brings Hyperliquid to its institutional brokerage platform

05 Feb 2026

Ripple brings Hyperliquid to its institutional brokerage platform

The integration is aimed at institutional clients to access on-chain derivatives liquidity while cross-margining decentralised finance (DeFi) exposures with all other asset classes already supported by Ripple Prime.

Technology
RIA's AI adoption more than doubles but still in early stages: Schwab study

03 Feb 2026

RIA's AI adoption more than doubles but still in early stages: Schwab study

The study found that most firms remained in the early stages of artificial intelligence (AI) adoption, with use cases concentrated on administrative tasks like note-taking and email drafting.

Technology
Large RIAs step up AI and data spending: Cerulli

02 Feb 2026

Large RIAs step up AI and data spending: Cerulli

Large US investment advisory firms are putting more money into data and artificial intelligence as they look to grow and run their businesses more efficiently.

Technology
Banks push up tech adoption to boost adviser efficiency and retention: Cerulli

30 Jan 2026

Banks push up tech adoption to boost adviser efficiency and retention: Cerulli

The research noted that technology in the bank channel has moved to the forefront in the last 12 to 18 months with tools like e-signature and financial planning tools among the most sought after for implementation.

Market

Key industry events and change drivers.

Market
Spotlight on… top SPX gainers in 2025

6 February 2026

Spotlight on… top SPX gainers in 2025

Issuers ditched AI hardware for Robinhood’s rollercoaster last year.

Market
Morningstar absorbs CRSP, extends partnership with Vanguard

5h

Morningstar absorbs CRSP, extends partnership with Vanguard

Morningstar has strengthened its index capabilities while securing a renewed agreement for CRSP benchmarks to underpin key Vanguard funds.

Market
Dah Sing Bank launches banking campaign for HNIs

5h

Dah Sing Bank launches banking campaign for HNIs

Dah Sing Bank has rolled out a new VIP Banking campaign aimed at affluent and high-net-worth clients, focusing on insight led wealth management supported by technology and advisory services.

Market
Burney Company launches US equity select ETF

5h

Burney Company launches US equity select ETF

Burney Company has launched its second exchange traded fund (ETF), expanding its ETF range with a core US equity strategy.

Market
US SEC study reveals surge in active ETFs and fee effects of mergers

5h

US SEC study reveals surge in active ETFs and fee effects of mergers

The regulator’s research points to rising active ETF activity and varying degrees of cost savings for investors after fund consolidation.

Data Insights

View Data Insights )

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
US December 2025: single shares gain momentum, Barclays slips out of top five

4 February 2026

US December 2025: single shares gain momentum, Barclays slips out of top five

Investors edged further into capital-at-risk products throughout the year with vanilla callable fixed-rate note sales saw a 14% jump.

Market Reviews
Hungary 2025: SG dominates, boosted by FX and ETF index

30 Jan 2026

Hungary 2025: SG dominates, boosted by FX and ETF index

The French bank captured 60% of the Hungarian market, according to SRP data.

Market Reviews
China December 2025: retail structured deposits keep momentum

29 Jan 2026

China December 2025: retail structured deposits keep momentum

The structured deposit issuance maintained the momentum towards the end of 2025

Market Reviews
Poland Q4 2025: Morgan Stanley debuts as Natixis marches on

28 Jan 2026

Poland Q4 2025: Morgan Stanley debuts as Natixis marches on

The US investment bank made its first ever appearance as an issuer on the SRP Poland database.

Market Reviews
Hong Kong, December 2025: listed products turnover climbs, tech and semiconductors lead demand

27 Jan 2026

Hong Kong, December 2025: listed products turnover climbs, tech and semiconductors lead demand

Nvidia continues to lead the pack as the most used underlying for equity-linked investments.

Analysis

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

Analysis
Greeks analysis: deeper sensitivities in FTSE 100 and Nikkei 225 structures

4 February 2026

Greeks analysis: deeper sensitivities in FTSE 100 and Nikkei 225 structures

Second-order Greeks come under the spotlight as we look at Theta, Vanna and Charm exposures across FTSE 100 and Nikkei 225 structures.

Analysis
Greeks analysis: FTSE 100 v Nikkei 225

07 Jan 2026

Greeks analysis: FTSE 100 v Nikkei 225

We look at key Greeks metrics across the FTSE 100 and Nikkei 225 to reveal differences in volatility, delta exposure and risk dynamics.

Analysis
Greeks: beyond the unknown future volatility

19 Dec 2025

Greeks: beyond the unknown future volatility

How fat tails, volatility surfaces and exotic payoffs reshape option pricing

Analysis
Europe Q3 2025 (part 2): asset classes and underlyings - equity dominates

12 Dec 2025

Europe Q3 2025 (part 2): asset classes and underlyings - equity dominates

In the second of our three-part review of the European structured products market, we focus on asset classes and underlyings.

Analysis
Europe Q3 2025: growth driven by yield enhancement, capital protection

12 Dec 2025

Europe Q3 2025: growth driven by yield enhancement, capital protection

Germany, Italy and Switzerland stood out as growth markets during the third quarter of 2025.

Special Reports

Our special reports provide in-depth analysis and actionable insights on emerging trends and market dynamics. Each report is meticulously researched, offering valuable perspectives that help you stay informed with access to exclusive data and expert commentary.

Structured for Volatility: Global Market Sentiment Survey 2025/2026
Structured for Volatility: Global Market Sentiment Survey 2025/2026

197 structured product professionals, 26 countries, 14 expert interviews.
This first-of-its-kind global survey, in partnership with LPA, combines qualitative and quantitative data to provide a benchmark outlook for 2025 and beyond.

SRP Index Report 2025: Custom & Strategy Indices
SRP Index Report 2025: Custom & Strategy Indices

In the third chapter of the SRP 2025 Index report, we look at the landscape involving custom and proprietary indices between 2022-2024

France Structured Products Performance Overview 2024
France Structured Products Performance Overview 2024

The SRP France Structured Products Performance Overview 2024 analyses the performance of structured investment solutions in the French market during 2024.