Financials and tourism the latest picks for US structured product underlyings

Of the 91 structured products filed last week with the US Securities and Exchange Commission, more than 40 were reverse convertibles and nine were digitals. Financials and tourism were the most popular underlyings

The cruise ship MS Azura
UBS files reverse convertible based on holiday cruise firm

Financials were a recurring underlying for the latest raft of structured products registered with the US Securities and Exchange Commission for the week ending May 11, with UBS filing four reverse convertibles linked to Bank of America Merrill Lynch (BAML) and JP Morgan selecting BAML as the underlying for a straddle product that offers investors 100% upside participation and a 70% downside protection barrier.

Bank of Montreal went for a short but high-paying three-month reverse convertible

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here