Belgium on the up, sales increase fivefold YoY

Structured product sales on the primary market in Belgium amounted to €1.8 billion (US$2 billion) in the first quarter of 2023 – a fivefold increase year-on-year (YoY) and up 70% compared to Q4 2022, according to the latest figures released by the Belgian Structured Investment Products Association (Belsipa). Primary market turnover of products with an equity underlying, at €678m, increased by 239% on an annual basis and by 30% quarter-on-quarter (QoQ) while volumes for products