Market snapshot: Barclays returns to the US top three

Market snapshot


Capital-at-risk leveraged return notes were the most popular products by notional in the US in May. These notes allow leveraged participation in the underlying asset (usually up to a cap) while risking a loss to capital, and accounted for just over two-thirds of public issuance registered with the US Securities and Exchange Commission for the month. Digital products were the second most popular products, making up more than 12% of notional. Digitals usually pay a fixed return if the underlying p

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