Another eight exchange traded commodities (ETCs) and eight exchange traded notes (ETNs) from the issuer Commerzbank AG have been tradable on Xetra since Thursday.
The new exchange traded commodities provide investors with the opportunity to participate in the performance of gold and silver. The underlying indices track positive and inverse performance respectively, with a leverage factor of either three or four.
The new exchange traded notes track both the positive and the inverse performance of the DAX-Future and EURO STOXX 50 Index Future with a respective leverage factor of three or four. The underlying strategy indices are based on the movements of the benchmarks and consist of a leverage and an interest rate component.
Deutsche Börse’s ETC segment product range currently comprises 218 instruments and the ETN segment 91. The monthly trading volume of ETCs on Xetra averages €900 million. For ETNs the average is around EUR100 million.