Eighty-three percent of discount certificates generated a positive return in 2021, according to a report commissioned by the German Derivatives Association (Deutscher Derivate Verband – DDV).

The study, which was conducted on behalf of the DDV by TTMzero in collaboration with the Stuttgart Stock Exchange, examined 152,898 discount certificates on 70 stocks and indices from Germany, Europe and the US. The average maximum return of more than 8.5% is remarkable and illustrates that these products are rightly very popular - Lars Brandau, DDV Some 41% of the discount certificates outperformed their underlying assets in the relevant period while 13.86% achieved a positive yield, despit

Continue reading and get unlimited access for 7 days with a free trial of SRP.

Get a free trial

Already a subscriber? Login