Reverse convertibles get a clean sweep in latest US structured products filings
All the structured products filed with the US Securities and Exchange Commission on March 27 were reverse convertibles
Structured products registered for the public issue market with the US Securities and Exchange Commission on March 27 consisted entirely of short-maturity reverse convertibles linked to single stocks of household US names.
UBS, which listed seven of the 10 new products, has offered investors structures linked to United States Steel, Apple, Peabody Energy, Alpha Natural Resources and Corning.
JP Morgan's three reverse convertibles are linked to Amazon, Prudential Financial and Cameco.
Of the UBS
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