Canada’s structured products market continued to climb in January, although the number of new products that struck over the course of the month (265) was the second smallest over the past year, and 20% lower on an annual basis

The number and volume of maturing products, however, were also the lowest in the past year at 87 and C$440m (US$334m), respectively. This includes only 11 products that autocalled in January, according to SRP data. Compared with the 390 products with autocall observations during the month, this represents a knock out rate of less than 3% - as compared with an average of 35% over the past two years, and the lowest this metric has fallen to in over 2.5 years, SRP data shows. The number of concurr

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