Market snapshot

By notional amount issued in the US, Barclays remained the biggest issuer of structured products in October (see chart). For the third month in a row, the UK bank was followed by Bank of America and Goldman Sachs. Barclays’ stock in trade remained the reverse convertible, a structure that accounted for 95 of the 105 Barclays products listed in the month. Of the money invested in Barclays’ products, reverse convertibles accounted for 78% of the total. Bank of America and Goldman did not issue a

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