In April, the US structured notes market booked a total of US$15.1 billion

Goldman Sachs has taken the crown for the third consecutive month with its main rival J.P. Morgan failing to keep up.

In April, the US structured notes market booked a total of US$15.1 billion in traded notional from 5,051 issuances, approximately 20% of which came from the paper of Goldman Sachs.

The overall market took a downturn from March and accounted for only 27% of the total Q1 sales. Year-on-year (YoY) the April volume ticked up 26%, SRP data shows.

Those issues are specific to structured notes and do not include nondirectional (callable) fixed rate notes. Read More