Two of the largest Korean securities houses are adding leveraged exchange-traded notes (ETNs) on Solactive indices amid heightened commodity volatility.
Hana Securities and Meritz Securities have rolled out a suite of ETNs tracking the Solactive Natural Gas Total Return Leverage Indices, offering strategies for both bullish and bearish outlooks. We’ve seen increasing demand from the ETN space, especially related to commodity exposures, on back of heightened volatilities - Timo Pfeiffer Launched on 16 September, the ETNs comprise of four leveraged (2x/-2x) and one unleveraged exposure listed on the Korean Stock Exchange (KRX). S