The German market has seen an increase in secondary trading activity around leverage products while issuers in the primary market are focusing on structures that provide a low entry level with defensive mechanisms. SRP spoke to two of the top players and the trade association in Germany to discuss the impact of the current market events in the domestic structured products market.

How is the current market turmoil affecting the German certificates market? Uwe Kolar (pictured), retail & sparkassen sales head at Erste Group Bank – Austria - a primary market and leverage products issuer in Austria and Germany We had far more sales on both sides in trading products for self-directed investors in March. There are also many new issuances of leverage products. Demand from retail clients in the primary market remains limited - customers are rather reluctant in the cur

Continue reading and get unlimited access for 7 days with a free trial of SRP.

Get a free trial

Already a subscriber? Login