NYSE Euronext today has listed new Factor Certificates issued by Commerzbank. With this issue, Commerzbank reinforces the current offering of this type of financial products on NYSE Euronext in Lisbon. Commerzbank adds 4 new certificates with the CBOE Volatility Index® (VIX®) Futures as underlying:
| Factor Certificate | Código ISIN | Símbolo de Negociação |
| VIX Future 1X Long | DE000CZ28PD1 | VXF1Z |
| VIX Future 2X Long | DE000CZ28PE9 | VXF2Z |
| VIX Future 1X Short | DE000CZ28PF6 | VXFSZ |
| VIX Future 2X Short | DE000CZ28PG4 | VXFDZ |
Objective: generate a return for investors depending on the performance of the VIX Future
The first listing of Factor Certificates on NYSE Euronext in Lisbon occurred in October 2010. With this new issue, Commerzbank’s offer will increase to 190 Factor Certificates listed in Lisbon.
Miguel Geraldes, Head of Cash Market & Listing, Lisbon and Head of Relationship Management, Iberia, for NYSE Euronext, said: “The enlargement of the offer in Factor Certificates will allow investors to access a wider diversity of products and exploit new opportunities which are not directly linked to equities, but have all the benefits and characteristics of an exchange traded product. These certificates are available within a well defined regulated environment, supported by a leading technology and innovative market model that deliver superior price discovery, liquidity, transparency and safety.”
Hélio Cláudio, Head of Public Distribution International at Commerzbank, added: “The addition of the Factor Certificates on the VIX-Future is our approach to offer our clients more products that meet their demands for investments in volatile markets. We have seen an increasing demand for our range of Factor Certificates and looking at the current market conditions we see that the VIX-Future will be an interesting product for all clients that want a direct exposure to the Volatility in the Market. ”
Factor Certificates offer on-exchange leverage participation to the daily performance of a specific underlying with no maturity and a pre-defined fixed leverage. Several fixed leverage levels are available allowing investors to select the leverage level corresponding to their individual risk profile.
