The correct answers for the SRP 2023 end of year news quiz are provided below.
Happy New Year and thanks to all those who responded to the SRP 2023 news quiz posted at the end of December last year.
The winner will be informed, but, in the meantime, take a minute to view the correct answers.
SRP end of year news quiz 2023: Europe
Question 1: Who is the chair of the Belgian Structured Investment Products Association?
Answer: Florence Devleeschauwer
Question 2: Standard Long Certificate (XS2690020933) from Intesa Sanpaolo was the best-selling product in Europe this year, with sales of €935m. What was the underlying asset class for this structure?
Answer: Inflation (Italy CPI FOI Ex Tobacco)
Question 3: Wilgenhaege launched an Athena autocall on the share of ASM International in the Netherlands during December. Who was the issuer for this product?
Answer: Société Générale
Question 4: Royal Bank of Canada (RBC) issued a range accrual deposit plan on the S&P 500 in the UK in November. Who was the distributor?
Answer: IDAD
Question 5: What is the name of LBBW’s head of certificates who relocated from Germany to Singapore after being appointed head of capital markets for Asia Pacific?
Answer: Jan Krüger
SRP end of year news quiz 2023: Americas
Question 1: Which index won this year’s Index of the Year, Annuities, at the SRP Americas 2023 conference?
Answer: WisdomTree Siegel Strategic Value Index
Question 2: Who was the most active issuer group of structured products across the US in 2023?
Answer: J.P. Morgan
Question 3: Whi h US index provider is the latest to enter the ESG space in Europe?
Answer: MerQube
Question 4: What underlying was the most featured in Canada during 2023?
Answer: Solactive Canada Bank 40 AR Index
Question 5: Which issuer launched the first ever Sofr-linked product in Mexico?
Answer: Monex Grupo Financiero
SRP end of year news quiz 2023: Asia Pacific
Question 1: Which country released new guidelines on structured bonds that put the sales of ‘complex products’ under heavy scrutiny?
Answer: Japan
Question 2: In which country did regulators step-in to investigate the loss of retail structured products caused by the HSCEI underperformance?
Answer: South Korea
Question 3: Which issuer is behind the best-selling products of the year for Apac, which collected US$1.1 billion?
Answer: Mirae Asset Securities
Question 4: Which of the below issuers is NOT new to the Hong Kong-listed structured products market?
Answer: Haitong Securities
Question 5: Société Générale partnered with an exchange to launch the first-ever autocallable structured certificates in Asia. Which exchange was it?
Answer: Singapore Exchange
SRP end of year news quiz 2023: Middle East & Africa
Question 1: ABSA distributed its first Shariah-compliant structured certificate in South Africa during November. What is the name of the underlying index for this product?
Answer: BNP Paribas Europe Islamic Select 50 PR Index
Question 2: Which Dubai based brokerage company had its license suspended by the Dubai Financial Services Authority (DFSA) for its dealings with individuals from Russia.
Answer: ARX Financial Engineering
Question 3: Which bank was the issuer of a CLN used by Investec for tranche five of its Optimal Investment Growth Basket?
Answer: Morgan Stanley
Question 4: Who was appointed by Halo as executive vice president institutional sales for MEA based in Abu Dhabi?
Answer: Hashbeer Ali
Question 5: Structured products are among the most popular investments in South Africa, along with hedge funds and cryptocurrencies, according to an alternative investments survey conducted by which company?
Answer: Jaltech
Image: Sdecoret/Adobe Stock.