Key facts
- Structured product issuers are creating notes and warrants for European clients.
- These products provide exposure to prediction markets.
- The aim is to offer alternatives to raw binary contracts, which are restricted in Europe.
- Issuers believe these notes will better match clients' risk profiles.
Financial product issuers are developing structured notes and warrants to provide European clients with access to prediction markets. These offerings are designed to circumvent restrictive regulations in Europe that limit direct participation in raw binary contracts. Issuers believe that these packaged products will more closely align with the everyday risks faced by their clients compared to traditional equity-linked instruments.