The US structured products market saw two signs of revival at the end of last year. The average issuance size in December leapt above November's figure by $500,000, while Barclays returned to the top of the issuance table in November. Goldman Sachs took top spot in December, but the return of Barclays rekindles a regular pattern in new issuance.
The increase in volume can be most easily attributed to the type of product that is now most popular. The US's slavish adherence to the reverse converti