Mittel European Reflections

Central and eastern Europe is a huge potential market for structured products and exchange-traded funds. Structured Products' first conference in the region explored commodities, foreign exchange and diverse underlyings, but the most pressing issue was how local markets can sustain their impressive growth rates. Emma Dunkley reports

Warsaw played host to the inaugural Structured Products Conference for Central and Eastern Europe (CEE), held at the city's Marriott hotel on September 30. Mateusz Walczak, chief executive of New World Alternative Investments in Warsaw, opened the event by providing an overview of the region's nascent structured products market and exploring the impact of the credit crunch.

Banks' current fixation on deposits coming at the expense of structured products, said Walczak, adding that the shift

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