Market snapshot

Tim Mortimer, Future Value Consulants

Notional issuance of structured products in the US slowed while the most popular structures remained the same in December as they have been since August 2009. During the past year, accelerated growth products generated more sales than reverse convertibles even though the latter saw far greater issuance volumes.

JP Morgan and General Electric were the preferred underlyings for reverse convertibles in December by notional, confirming their popularity over the pst year – General Electric attracted

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