Wall Street bets $3.5 billion on Fed rate cuts through SPXFP index trades

The popularity of structured products associated with the S&P 500 Futures Excess Return Index, often denoted by the ticker SPXFP, has skyrocketed. Last year, issuance increased by 48% to $3. 5 billion, indicating a strong demand from investors for securities intended to benefit from stable market circumstances and falling interest-rate expectations. According to Structured Products Intelligence, […] source: https://www.cryptopolitan.com/wall-street-3-5-billion-spxfp-trades/