The range of exchange traded products listed on Oslo Børs is expanding. DNB has launched new bull and bear products that give you the opportunity of exposure to a wider range of individual shares as well as more highly leveraged exposure to the OBX Index.
The new exchange traded products are ETNs (Exchange Traded Notes), which can be traded just as easily as normal shares. A choice of bull and bear products offers the opportunity to take a position on either rising or falling markets. Handelsbanken and DNB already offer a range of ETNs with individual shares or the OBX Index as the underlying contract, with both bull and bear alternatives and gearing of 2 or 3 times the daily return.
DNB is now increasing its range of products traded on Oslo Børs with new bull and bear products. Starting on 4 April, DNB is offering ETNs for additional underlying shares, including Opera and Schibsted, as well as bull and bear ETNs for the OBX Index with gearing of 4 times the daily return.
DNB has also recently listed new warrants, which are options that are traded in the same way as shares (see: Wider range of warrants on Oslo Børs).
More about stock exchange listed products:
- ETP (Exchange Traded Products) is a generic term for issuer products that are traded on an exchange just as easily as normal shares. Products in this group differ from shares principally in that they are issued by a bank, investment firm or fund manager, but are traded during exchange opening hours with bid and offer prices in just the same way as normal shares.
- ETF (Exchange Traded Funds) are, as the name suggests, listed funds, and represent the most common type of issuer product in the world today.
- ETN (Exchange Traded Notes) are a financial instrument where the value of the instrument is linked to the performance of an underlying market. The underlying market can, for example, be reflected through a selection of shares, through one or more indices, or through commodity prices. In addition, ETNs may be used to give investors the opportunity of exposure to markets that may otherwise be difficult to access.
- Unlike ETFs, which are funds, ETNs are debt instruments issued with recourse to the issuer's balance sheet. In practice, this means that in addition to the exposure to market risk that is always associated with investing in securities, investing in an ETN also involves exposure to the credit risk represented by the issuer.
- Brochure: Exchange Traded Products (in Norwegian)
- ETPs listed on Oslo Børs