How the different functions involved in the issuance and sale of structured products could be disrupted once distributor ledger and blockchain technology is applied
The Eurostoxx 50 was the most used index in Europe in October, seen in 114 structured products (excluding non-retail, leverage and flow) which amassed sales of US$850m, according to SRP data. The index was used across 14 jurisdictions, of which France, with sales of US$425m (from 19 products), was the standout market.
Distributed ledger technology and blockchain is set to revolutionise current operational functions and provide a way to address regulatory issues around transparency and sales practices for the structured products industry.
Blackrock expands to include factor-based commodity funds, OCC sets highest monthly record for equity derivatives contracts, Eurex reports European equity index derivatives increase, Admiral Markets adds over 300 financial instruments exclusively accessible to retail, Vanguard launches Global Infrastructure ETF.
This week's wrap covers a selection of structured products with strike dates between October 28 and November 3, 2018. BNP Paribas featured heavily this week, issuing products in Belgium, France and Ireland while Credit Suisse was active in both the UK and in China.
Goldman adds to its equity derivatives sales team; AAM's chief exits; Axa IM bolsters engineering and trading; Lombard Odier expands institutional coverage, and more
Agencies propose rule to update calculation of derivative contract exposure amounts under regulatory capital rules
Solactive expands its coverage of government bonds to a global extent as demand for multi-currency sovereign indices increases
French bank's revenues totalled more than €32m for the first nine months of 2018, down by 0.8% year-on-year, but client volumes in equity derivatives are on the increase.