Turbo Certificate Short Copper Future

BidEUR 1.140
Mar 28, 2024 16:30:05.161 UTC
AskEUR 1.160
Mar 28, 2024 16:30:05.161 UTC
chg. 1D-0.010 (-0.86%)
Mar 28, 2024 16:30:05.161 UTC
Underlying price (indicative) 4.00 (-0.06%)
Mar 28, 2024 21:00:02.000 UTC
BarrierUSD 4.98 Barr. Dist. %24.50% Leverage3.20

Name
Turbo Certificate Copper Future
ISIN / WKN
AT0000A32LL2 / RC08NY
Underlying
Underlying price (indicative)
USD 4.00 (-0.06%)
Mar 28, 2024 21:00:02.000
Barrier
USD 4.98
Distance to barrier
USD 0.98
Distance to barrier
24.50%
Barrier reached
no
Strike
USD 5.23
Leverage
3.20
Long/ short
Short
Tradeable unit/nominal value
1 unit
Multiplier
1
Product currency
EUR
Listing
Vienna, Stuttgart
About the term

Initial valuation date
Jan 31, 2023
Issue date
Feb 01, 2023
Final valuation date
-
Maturity date
open-end

Product classification
Leverage Product with Knock-Out
Security type (Eusipa No.)
Turbo Certificate (2210)
Turbo Certificate Type
Turbo Certificate Short
Underlying
Country / region of underlying
Commodity
Suited market expectation
bearish
Issue price
0.97 EUR
Spread homogenised
0.02
Spread (in %)
1.75%
Underlying currency
USD
Settlement method
Cash settlement
Taxation
Capital Gains Tax / no Foreign Capital Gains Tax
Public offer possible in
Austria, Germany, Italy, Hungary, Poland, Czech Republic, Slovakia, Bulgaria, Croatia, Romania, Slovenia
Description

Turbo Certificates enable investors to participate with a leverage effect in the performance of the underlying. Short Turbo Certificates provide investors with above average profit opportunities in falling markets. If the underlying touches or surpasses the barrier (knock-out level), the Turbo Certificate expires prematurely. The investor may incur a total loss of the invested capital.

Barrier and strike are adjusted on a daily basis. In case the underlying quotes in a currency different to that of the certificate or in case the underlying is a commodity future (roll over), a deviation may occur.

TRADING HOURS

Products on Austrian underlyings

9:15 - 5:30 pm

Products on underlyings of CEE, Eastern Europe and Turkey

 

- Turkey, Czech Republic9:00 - 4:00 pm

- Poland, Hungary, Romania, CEE and Eastern Europe

9:15 - 4:50 pm

Products on other international underlyings and commodities
(incl. Germany and Switzerland)

9:00 - 8:00 pm
INFORMATION

Monday - Friday
8:00 am to 5:30 pm

T: +431717075454
E: info(at)raiffeisencertificates.com