A structured note is a debt security issued by financial institutions. Its return is based on equity indexes, a single equity, a basket of equities, interest rates, commodities, or foreign currencies. The performance of a structured note is linked to the return on an underlying asset, group of assets, or index.
Structured notes are securities linked to the performance of an underlying instrument, index or benchmark, etc. Broker-quoted prices are sourced directly from brokers, and then passed through to our clients.