The Warsaw Stock Exchange (WSE) is expanding the range of structured products traded in the Polish market by listing for the first time leverage knock-out (barrier) certificates. The certificates which are issued by Raiffeisen Centrobank AG will be available for trading from today.
The new range of turbo certificates comprises 31 series of leverage certificates based on the prices of 10 instruments listed on the WSE including the WIG20 index, and a number of Polish stocks such as PEKAO, KGHM, PGE, PGNIG, PKN Orlen, PKO BP, PZU, Tauron PE, and TPSA.
Each of the above underlying assets will have a counterpart in the form of long and short leverage certificates. The WSE stressed these products are aimed at "active investors who expect to make significant profits in a short term and can manage the large volatility of prices of these instruments".
The WSE said it will continue its strategy of expanding its range of products as a way to enable risk diversification at the time of a market downturn.