Turnover in investment and leverage products on reporting European financial markets was up 14% quarter on quarter and 4% year on year in the first quarter of 2022, bringing the total to EUR45 billion, according to data sourced by the European Structured Investment Products Association (EUSIPA) from its members and analysed by Avaloq Evolution AG.
The members of EUSIPA who provide the figures for the market report include Zertifikate Forum Austria (ZFA), the Belgian Structured Investment Products Association (BELSIPA), Association Française des Produits Dérivés de Bourse (AFPDB), Deutscher Derivate Verband (DDV), Associazione Italiana Certificati e Prodotti di Investimento (ACEPI), the Netherlands Structured Investment Products Association (NEDSIPA), the Swedish Exchange Traded Investment Products Association (SETIPA), and the Swiss Structured Products Association (SSPA).
First-quarter turnover in investment products on European trading venues amounted to EUR13 billion, 30 per cent of total traded volume. Investment product turnover decreased by 7% quarter on quarter and by 25% compared with Q1 2021. Turnover in leverage products (Warrants, Knock-Out Warrants, and Constant Leverage Certificates) reached EUR 31 billion in the period from January to March, representing 70% of total turnover. Turnover in leverage products increased by 25% year on year and by 26%from Q4 2021.
At the end of March, trading venues located in reporting EUSIPA markets were offering 406,794 investment products and 1,514,788 leverage products. As such, the number of listed products increased by 7% on a quarterly basis and by 9% on the previous year.
