.jpg)
Twelve new exchange-traded notes (ETNs) issued by Commerzbank AG have been tradable on Xetra since Monday.
The twelve new exchange-traded notes track both the positive and the inverse performance of the benchmarks DJIA Index Futures, NASDAQ-100 Futures and S&P 500® Futures with a respective leverage factor of three or four.
The underlying indices are strategy indices which participate in the price movement of the reference entity and consist of a leverage component and an interest rate component.
ETNs are tradable notes that track the performance of underlying reference indices outside of the commodities sector and provide investors with access to additional asset classes.
Deutsche Börse’s ETN segment product range currently comprises 123 instruments. The monthly trading volume of ETNs on Xetra averages around €100 million.
