US Wrap: Russell 2000 returns to benchmark fold

After a period of more varied and larger offerings, the latest issuance has been in low volume and based mainly on the usual benchmark indexes. The appearance of the Russell 2000 as an underlying was the exception, with the index little used in recent months.

The mid-cap index of US stocks is used for JP Morgan's product. The one-and-a-half year Buffered Enhanced Return Notes offer 200% of any rise in the index with a cap of 19–22% and include a 10% buffer on any downside, after which capital is