There were 127 structured products (including flow, but excluding leverage and private banking), worth an estimated JPY301 billion ($2.8 billion), added to the SRP Japan database in February.
Some 1,308 products were issued in the retail segment in February, a four percent increase from January.
As we have seen over the last few days, the extreme volatility has resulted in hedging headaches for manufacturers of autocalls due to their negative sensitivity to volatility. Here we provide a roundup of the coverage of the structured products market by different media outlets.
China’s central bank has placed caps on some interest rates financial institutions offer on high-yield structured deposits, as Beijing lowers interest rates to support economic growth.
The Chinese central bank has issued a new directive on interest rates to curb the high guaranteed yields offered by certain domestic lenders on structured deposits.
As market volatility spikes amid growing concerns on the impact of the Covid-19 pandemic, SRP spoke with David Wills (pictured), chief executive officer of cryptocurrency linked structured products platform, Kenetic Trading.
The S&P 500 index continues to be at the top of investor preferences when it comes to structured products in Asia Pacific.
Some 1,259 products were issued in the retail segment in January, a 19% decrease compared to December.
The recently-launched multi-dealer platform gains traction with HNWIs, family offices and advisers in Australia as it continues to build up its team and the platform’s capabilities and offering with the aim of disrupting the private banking channel in the country.