Regulation, tax and technicalities recast European turnover, as French volumes plummet and Italian activity recovers

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Listed volumes fall in France and recover in Italy

The turnover of listed structured products on exchanges in Europe in the first quarter of 2013 has fallen against the same period for last year, although commentators are buoyed by a market that started to show strong signs of improvement towards the end of last year. Structured products turnover in the first quarter of 2013 was €24.9 billion – €5 billion lower than in the same period a year earlier, according to the European Structured Products Association (Eusipa).

"While the last quarter of 2

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