Taiwan Market Review, Q3 2020: Morgan Stanley joins issuer ranks

The Taiwanese structured products market has undergone a revamp during the first three quarters of the year having nearly doubled the number of issued products compared to last year. On a quarterly basis, issuance rose by 62%, which corresponds with an increase of 1,413 products that were valued at TWD129 billion. If the trend continues into the fourth quarter, the market will reach unprecedented issuance volumes never seen before. Whether this is due to strong economic recovery or speculation