Meteor: a rising star


Since the UK stock market collapsed in 2000, the UK structured products market has experienced a significant shift away from deals incorporating capital at risk towards more plain vanilla, capital-protected structures based on major indexes, such as the FTSE 100. Derivatives have been the target of widespread cynicism, and distributors trying to compete head to head with the large banks on these plain vanilla products have faced an uphill struggle.

The market in the UK remains in its infancy, and

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