Twenty new exchange-traded notes (ETNs) issued by Commerzbank AG have been tradable on Xetra since 27 December.
The 20 new exchange-traded notes track both the positive and the inverse performance of the benchmarks MDAX Futures and TecDAX Futures with a leverage factor of three or four in each case, as well as the performance of the benchmarks Euro-Bund Futures and Euro-Schatz Futures with respective leverage factors of five, ten and 15.
The underlying strategy indices track the price movement of the reference entity and also 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.
