Twelve new exchange-traded commodities (ETCs) issued by Commerzbank AG have been tradable on Xetra since Tuesday.
The new exchange-traded commodities enable investors to participate in the performance of platinum, palladium and gas oil. The underlying indices track the positive and inverse performance of each individual commodity, with a leverage factor of either one or two.
These strategy indices are calculated by Commerzbank and participate in the movements of the underlying commodity futures contracts. They comprise a leverage component and an interest rate component. The leverage component is based on the daily percentage movements of the futures contract contained in the index. The interest rate component represents an investment in a risk-free money market instrument minus index fees and costs of collateralisation.
Deutsche Börse’s ETC segment product range currently comprises 276 instruments. The monthly trading volume of ETCs on Xetra averages around €900 million.
Deutsche Börse’s ETC segment product range currently comprises 276 instruments. The monthly trading volume of ETCs on Xetra averages around €900 million.
The 12 ETCs listed for the first time including ISIN and management fee tradable from 3 April 2012.
Commerzbank AG ETCs ISIN Management fee
Coba ETC 1x Platinum Daily Long DE000ETC0670 0.40%
Coba ETC 2x Platinum Daily Long DE000ETC0688 0.60%
Coba ETC -1x Platinum Daily Short DE000ETC0712 0.60%
Coba ETC -2x Platinum Daily Short DE000ETC0720 0.60%
Coba ETC 1x Palladium Daily Long DE000ETC0753 0.40%
Coba ETC 2x Palladium Daily Long DE000ETC0761 0.60%
Coba ETC -1x Palladium Daily Short DE000ETC0795 0.60%
Coba ETC -2x Palladium Daily Short DE000ETC0803 0.60%
Coba ETC 1x Gasoil Daily Long DE000ETC0837 0.40%
Coba ETC 2x Gasoil Daily Long DE000ETC0845 0.60%
Coba ETC -1x Gasoil Daily Short DE000ETC0878 0.60%
Coba ETC -2x Gasoil Daily Short DE000ETC0886 0.60%