Quote from thegazelle:
You're operating under the assumption that OP didn't misuse the term "structured products". I'm going to go out on a limb and assume that he did.
If I did misuse the term "structured products" then it's simply because that's what my broker calls them.
Quote from thegazelle:
Emphasis mine. Pick those out, and a UK bucket shop is the only thing that makes sense.
Lets be realistic about the demographic here too. Doubtful that most are even slightly familiar with the term structured product.
A UK bucket shop is not the only thing that makes sense.
As newwurldmn mentioned, IG Index spreadbetting carries the bucket shop risk. This doesn't exist with an exchange traded product.
As you can see from the Bloomberg article that I posted earlier, there are many UK and non-UK European banks issuing these products.