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NASDAQ OMX Helsinki, part of the NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) today starts trading 20 new Exchange Traded Notes issued by Handelsbanken. This new range of leveraged Bull and Bear certificates includes certificates on the newly launched OMX Helsinki 15 index and the Nordic electricity price.
Lauri Rosendahl, President of NASDAQ OMX Helsinki said: “Handelsbanken is a leading Nordic issuer of structured products and we are very pleased to now be able to offer trading in their new suite of products, including certificates on the new OMX Helsinki 15 index and SHB Power index. The entry of Handelsbanken into the Finnish certificate market will broaden the choice of products available to Finnish investors, and thus help grow the overall popularity of certificates in Finland”.
“We brought our Bull & Bear ETNs to the Finnish market in order to offer Finnish investors the same diverse range of products, as in Sweden and Norway but with local flavour. The Bull & Bear family of ETNs was launched in Sweden a year ago. Turnover in our Exchange Traded Products grew as a result to more than 36 billion Euros in 2009, giving us a market share of more than 90 percent on the Nordic Market. We strongly believe our large range of products linked to commodities, currencies, stocks and the new OMX Helsinki 15 Index will appeal to many, both institutional and private investors", says Antti Heinonen from Handelsbanken Structured Products.
The new leveraged Bull and Bear certificates now issued by Handelsbanken track the OMXH15 and SHB Power indexes, Nokia, Stora Enso, Sampo, Fortum and Nordea shares, Gold and Brent Blend Crude Oil futures and SEK currency rate.
