Trade of the month: Multi-asset products

Trade of the month: Multi-asset products

While it is true that most structured products are linked to a single underlying, there are also a significant number that depend on more than one underlying. These include simple basket products and more complex offerings such as ‘best of’ or ‘worst of’ products.

There is a fundamental distinction between the basket and other correlation products, which are more exotic in nature. Any product that depends only on the level of the basket is classified as a simple basket product, otherwise the

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