DW’s Year In Preview issue last year reported on the emergence of multi-dealer platforms for structured products in Europe. The launch of such platforms was expected to be the biggest threat to single dealer dominance of structured products in the region in 2012. [Derivative.com, the multi-dealer platform in Switzerland, emerged as a closely watched earlier mover in the area, signing on its 7th issuer in October and has launched a range of payoffs available on the platform, including discount certificates and autocallables. The platform is yet to release volumes traded through the platform.]
