Royal Bank of Scotland (RBS) today announced the launch of 2000 Turbos on NYSE Euronext in Paris, bringing the market total to 4300 and becoming the leading issuer in France. These Turbos are already listed on NYSE Euronext in Amsterdam.
The Turbos introduced by RBS offer investors a strong increase in the choice of available strategies through exposure to a broad range of underlying assets: 31 French equities, 105 foreign equities, 44 indices, 24 commodities, 10 currencies and 7 bonds.
“RBS is proud to offer this comprehensive range of over 2000 Turbos to French investors through NYSE Euronext, rounding out the French market with new scope for leveraged investment,” said Ludwig Lewicki, Marketer Public Distribution, France Equity Derivatives & Structured Retail for RBS. “The range reflects RBS’s long experience in derivatives and represents the culmination of development since their invention in 2001.”
“We welcome this historic launch on NYSE Euronext in Paris of 2000 Turbos distributed by RBS,” added Lisa Dallmer, Chief Operating Officer of European Cash Markets & Execution Services for NYSE Euronext. “The issue confirms the momentum and appeal of this segment, where a total of 4300 Turbos are now listed on NYSE Euronext’s regulated market in Paris.”
RBS Turbos let investors benefit from leveraged exposure to trends in underlying assets without the constraints of a predetermined maturity date or excessive sensitivity to volatility. Due to their simple structure, their pricing is more readily accessible for investors.
